Thursday, March 29, 2018

Thursday Evening Links

[Bloomberg] U.S. Stocks Surge to Cap Wild Quarter, Bonds Gain: Markets Wrap

[Bloomberg] VIX Up 81% Shows Extent of Stock Market Pain in Jarring Quarter

[Bloomberg] Convertible Bonds Look Combustible as Twitter to Tesla Slump

[Reuters] Shrinking junk bond issuance keeps U.S. high-yield prices afloat

[Bloomberg] More Pain Seen for Worst FX Strategy as Carry Traders Suffer

[FT] US inflation rises to strongest level in a year

Thursday's News Links

[Bloomberg] Stocks Rebound After Volatile Week as Dollar Slips: Markets Wrap

[Bloomberg] Consumer Sentiment in U.S. Surges to Highest Level Since 2004

[Bloomberg] U.S. Consumer Spending Gain Lags Behind Income for Second Month

[Bloomberg] U.S. Jobless Claims Decline to Lowest Level Since January 1973

[Reuters] China warns US not to open Pandora's Box, unleash trade ills on world

[Bloomberg] Draghi Studies Fed Exit as ECB's Guide on What to Do and Avoid

[Bloomberg] ECB’s Knot Urges QE End to Help Wean World Economy Off Stimulus

[Reuters] China is reportedly taking the first steps to pay for oil in yuan instead of US dollars this year

[Bloomberg] Republicans Promised to Cut the Deficit. It’s Only Getting Worse

[Bloomberg] Snowballing U.S. Volatility Is Dragging Asia Stocks Along With It

[Reuters] China could target broad range of US businesses if trade spat worsens: China Daily

[Bloomberg] China says U.S approach on trade sets bad precedent, may trigger domino effect

[Reuters] U.S. office vacancy rate rises in first quarter: Reis

[NYT] White House Looks to Use Emergency Law to Halt Chinese Investment

[WSJ] Fed’s Harker, Seeing Stronger Inflation, Lifts His Outlook for Interest Rates

[WSJ] Why Are States So Strapped for Cash? There Are Two Big Reasons

[FT] US subprime mortgage bonds back in fashion

[FT] Record ‘mega-deal’ surge pushes global takeovers beyond $1.2tn