Wednesday News Links

[BloombergQ] Stocks Rally, Bonds Decline as Italy Concerns Fade: Markets Wrap

[Reuters] Italy renews attempt to form a government and end turmoil

[BloombergQ] Italy Banks Under Scrutiny as Messy Politics Prompts Downgrades

[Reuters] U.S. first-quarter growth revised down to 2.2 percent

[BondBuyer] ADP May jobs estimate below expectations; tough to find workers

[BloombergQ] Ross Embraces Populist Push to Make America Great With Tariffs

[Reuters] China vows to protect its interests from 'reckless' U.S. trade threats

[CNBC] Here's why markets are so scared of the latest Italian political drama

[Bloomberg] Italy's Establishment Faces Populist Onslaught With No Champion

[BloombergQ] Italy’s Credit Impulse Doesn’t Bode Well for the Economy: Chart

[BloombergQ] China's Economy Is Battling Slowdown, Earliest Indicators Show

[BloombergQ] Bond Traders’ Confidence in Fed Rate Path Crumbles Amid Turmoil

[BloombergQ] Crisis-Weary Central Banks Brace for Turmoil as Italy Implodes

[BloombergQ] Millions of U.S. Homeowners Still Under Water on Mortgages

[BloombergQ] U.S.-China Military Tensions Rise Ahead of Asia Security Forum

[FOX] US will continue to confront China over disputed islands, Mattis says

[NYT] Trump, Stung by Being Attacked as Soft on China, Pushes Ahead on Tariffs

[WSJ] U.S. Tariff Threat Could Scuttle Planned Trade Talks With China

[WSJ] Banks Hunting Growth Loosen Terms on Business Loans

[WSJ] Scarcity of Housing in Rural America Drives Worker Shortage

[WSJ] U.S. Moves Ahead on China Trade Curbs, Catching Beijing Off Guard

[WSJ] What to Make of Italy’s Astonishing Bond Selloff

[FT] Italy gives complacent investors a lesson in political risk

[FT] Markets remain unforgiving on populists’ debt diagnosis

[FT] Measuring ‘Quitaly’ risk is harder than it looks

Tuesday Evening Links

[BloombergQ] Stocks Drop, Bonds Rally as Italy Woes Jolt Assets: Markets Wrap

[BloombergQ] Italian Political Impasse Envelops Country's Corporate Bonds

[Reuters] Italy may return to polls in July, sources say, amid market rout

[Reuters] U.S. Treasury sees Italy better off in euro zone: official

[BloombergQ] Trump Ratchets Up Pressure on China With Swerve on Tariff Plans

[CNBC] US forces Germany's Bayer to shed $9 billion in ag business in biggest ever antitrust sell-off

[CNBC] Run-up in home prices is "not sustainable:" Realtors' chief economist

[Reuters] Brazil's Temer says no threat of a coup amid truckers' protest

[BloombergQ] Most Port Terminals Run Out of Soybeans: Brazil Strike Update

[CBSNY] 5G Wireless Service Is Coming, And So Are Health Concerns Over The Towers That Support It

[NYT] White House Moves Ahead With Tough Trade Measures on China

[FT] Italian political turmoil fuels ‘risk-off’ mood