Friday's News Links

[BloombergQ] Global Stocks Mixed as Rates in Focus; Oil Steady: Markets Wrap

[Reuters] Oil near multi-year highs as Iran sanctions tighten supply outlook

[Axios] What Trump will — and won't — say on drug prices

[Reuters] St. Louis Fed's Bullard says rates already near neutral, no more raises needed

[BloombergQ] Italian Populists Bring Promises With Hefty Price Tags

[BloombergQ] Italy Finally Falls to the Forces of Populism

[Reuters] China April new loans rise but shadow lending shrinks

[Reuters] Iran says Syria has every right to defend itself against Israel: TV

[NYT] With Jail Sentences and Corporate Flameouts, China Is Tackling its Debt

[NYT] What Keeps Xi Jinping Awake at Night

[WSJ] Fall of Malaysia’s Ruling Party, After Six Decades in Power, Shakes Vital U.S. Ally

[FT] Why the shrug from markets as populists take power in Italy?

[FT] Turkey’s banks present hurdle for Erdogan recovery

[FT] Time to wipe out the absurd credit default swap market

Thursday Afternoon Links

[BloombergQ] Stocks Jump as Dollar Tumbles on Tame Inflation: Markets Wrap

[Reuters] Mexico says time running out for quick NAFTA deal, Canada upbeat

[BloombergQ] That Big Hedge-Fund Short Squeeze in Treasuries Is No Sure Thing

[BloombergQ] U.S. Posts Record Monthly Budget Surplus as Economy Picks Up

[CNBC] Iran-Israel strikes show risk of Middle East war is growing after US exit from nuclear deal

[WSJ] Ignore Headline Inflation at Your Peril

[WSJ] Why Americans Aren’t Feeling Wage Gains

[WSJ] U.S. Raises Pressure on Iran With Sanctions on Currency Exchange