Thursday, May 3, 2018

Thursday Afternoon Links

[Reuters] S&P drops as weak earnings offset strong economic data

[Reuters] Argentina central bank raises benchmark interest rate to 33.25 pct

[FT] Argentina tries to halt peso slide with emergency rate rise

[FT] Liquidity ousts leverage as the big market worry

Thursday's News Links

[Reuters] Wall Street lower on U.S.-China trade tensions

[Reuters] U.S. productivity rises slightly in first quarter; wage growth accelerates

[CNBC] US trade deficit drops as exports hit a record high

[Reuters] Trump praises China's Xi as U.S. team arrives for trade talks

[Reuters] Stress levels rise as Argentina peso, Turkish lira hit record lows

[CNN] Rising costs start to squeeze American businesses

[Reuters] Trump has all but decided to withdraw from Iran nuclear deal: sources

[CNBC] China quietly installed defensive missile systems on strategic Spratly Islands in hotly contested South China Sea

[Reuters] Iran will not renegotiate nuclear deal: foreign minister

[NYT] Trump Trade Officials Will Present a Hard Line in China, but Internally They Are Divided

[WSJ] Fed Holds Rates Steady, but Indicates Increases Will Continue

[WSJ] Why Investors Need Caution in $1 Trillion Loan Market

[WSJ] China Trade Showdown

[FT] Higher default risk flagged as US car loan terms lengthen

[FT] The rise of leveraged loans as a $1tn asset class