Tuesday, May 22, 2018

Tuesday Evening Links

[Reuters] Wall St. slides on U.S.-China trade talk uncertainty

[CNBC] Trump: There's no deal with China on ZTE, and I'm not satisfied with trade talks

[CNBC] Treasury Secretary Steven Mnuchin says steel and aluminum tariffs on China will stay in place

[CNBC] Inflation is coming to the US economy on an 18-wheel flatbed

[CNBC] Silicon Valley tech bubble is larger than it was in 2000, and the end is coming

[BloombergQ] Consumers Are Repaying Cell-Phone Debt Before Making Car Payment

[BloombergQ] Italy Turmoil Could Hamper Sealing Banking Union, Finland Warns

[Reuters] U.S. banks' quarterly profit jumps 27.5 percent on lower tax rate -FDIC

[CNBC] The State Dept issued 12 demands for Iran. They ratchet up oil market risk and trade tension

[Reuters] Trump to meet South Korea's Moon with North Korea summit hanging in the balance

[WSJ] Congressional Opposition Mounts Over White House Approach to Chinese Tech Deals

[WSJ] In Trade War With U.S., China Gets the Upper Hand

[FT] China’s lending bubble is history

[FT] Market pressure on Erdogan increases as lira hits record low

Tuesday's News Links

[Reuters] Stocks rise as U.S.-China trade talks advance

[BloombergQ] Oil Rises as Venezuela Sanctions Stoke Crude Supply Risk Concern

[FXLive] The Turkish lira touches another record low against the dollar

[BloombergQ] Italy a Submerging Market as Borrowing Costs Exceed Indonesia’s

[BloombergQ] Mnuchin Updates Trump on Concerns Over China Investments in U.S.

[BloombergQ] Trump Retreats From China Tariffs Amid White House Trade Discord

[Reuters] U.S. slaps heavy duties on Chinese steel shipped from Vietnam

[Reuters] China slashes auto import tariffs in boost to BMW, Tesla

[CNBC] Self-driving cars are scaring more people

[WSJ] Iran, Get Ready for the Battle Rial

[FT] US corporate bonds have worst start to year in decades

[FT] Leveraged loan rush sees borrowers gain balance of power

[FT] Political novice Giuseppe Conte proposed as Italy’s PM

[FT] Fitch warns Turkey credit profile at risk after June elections