Tuesday's News Links

[Bloomberg] Traders Turn Risk-On as U.S.-China Standoff Eases: Markets Wrap

[Bloomberg] Oil Rises After Xi's Speech on Optimism U.S.-China Spat May Ease

[Bloomberg] Wholesale Prices in U.S. Climbed More Than Forecast in March

[Reuters] China's Xi promises to lower tariffs this year, open economy further

[Bloomberg] Xi Warns Against Returning to a ‘Cold War Mentality’

[Bloomberg] U.S.-China Talks Broke Down Over Trump’s Demands on High-Tech Industries

[Reuters] Chinese investment into U.S. slumps in 2017 on policy changes: report

[Bloomberg] ‘New Normal’ of U.S.-China Tensions May Put Up to $400 Billion in Investment at Risk

[Bloomberg] Small U.S. Businesses Are Increasingly Raising Prices: Chart

[Bloomberg] Global Debt Jumped to Record $237 Trillion Last Year

[Bloomberg] U.S. Sanctions Inflict Pain on Putin as Russia Pulls Bond Sale

[Bloomberg] FX Hedge Funds Trampled by Bad Volatility in Dreadful Start to 2018

[CNBC] Trump cancels South America trip to 'oversee the American response to Syria'

[Reuters] After China's massive drill, U.S. patrols disputed South China Sea

[WSJ] Rising Home Prices Push Borrowers Deeper Into Debt

[WSJ] Xi’s Friendship With Trump Only Goes So Far

[WSJ] Big Banks Find a Back Door to Finance Subprime Loans

[FT] Xi Jinping speech offers no big concessions to Donald Trump

Monday Evening Links

[Bloomberg] Asian Stocks Edge Lower After U.S. Rally Ebbs: Markets Wrap

[Bloomberg] Bulls Lose Nerve and Another Rally Crumbles on a Volatile Monday

[CNBC] FBI raids the office of Trump lawyer Michael Cohen

[CNBC] Trump vents against Attorney General Sessions and ponders firing special counsel Mueller

[CNBC] Washington could be epicenter of market risks Tuesday

[Bloomberg] U.S. Deficit to Surpass $1 Trillion Two Years Ahead of Estimates

[CNBC] The GOP tax plan means short-term gains for the economy, but federal debt is primed to explode, CBO analysis says

[Bloomberg] Carry Trade's Struggles Have One Analyst Saying Do the Opposite

[Bloomberg] Russian Corporate Bonds Get Hammered After Fresh U.S. Sanctions

[Bloomberg] Ray Dalio Says Odds Are Rising for Trade and Other Types of Wars

[Reuters] Russia says it warned U.S. of 'grave repercussions' if Syria attacked

[NYT] F.B.I. Raids Office of Trump’s Longtime Lawyer Michael Cohen

[WSJ] Trump Says He Will Decide Soon on Response to Syria Chemical Attack