Thursday, July 26, 2018

Thursday Evening Links

[Reuters] Facebook weighs on Nasdaq and S&P, but trade optimism boosts Dow

[CNBC] Facebook's $100 billion-plus rout is the biggest loss in stock market history

[Reuters] Euro drops most in a month as ECB stays on course

[Reuters] U.S. and China clash at WTO over ideology, state's role

[Fox] These American states are drowning in ‘irretrievable’ debt

[Reuters] U.S. 7-year notes sold to lowest demand since March

[CNBC] Housing market is showing signs of cracking: 'Anything-goes list-price strategy is no longer working'

[BloombergQ] The U.S. Housing Market Looks Headed For Its Worst Slowdown In Years

[CNBC] International buyers are dropping out of US housing market

Thursday's News Links

[BloombergQ] U.S. Stocks Slip on Facebook; Euro Weakens: Markets Wrap

[CNBC] Tech stocks fall with Facebook on track for biggest drop ever

[CNBC] Here's what every major Wall Street analyst had to say about Facebook's plummeting stock

[Reuters] U.S. core capital goods orders, shipments rise strongly in June

[CNBC] Treasury Secretary Mnuchin says he's 'closely monitoring' the weakening in the Chinese currency

[BloombergQ] Trump's China Fight Chills Tech Deals With Death of Qualcomm-NXP

[BloombergQ] ECB Keeps to Policy Path to End Bond Purchases

[Reuters] Facing low inflation, BOJ to mull steps to make stimulus sustainable

[BloombergQ] Here Comes Chinese Stimulus, Back to Save Market Bulls

[BloombergQ] China Unsatisfied With `Incomplete' Changes by U.S. Airlines

[BloombergQ] China's Xi Calls for BRICS to Reject Protectionism `Outright'

[BloombergQ] The Coming U.S.-Mexico Blow-Up

[NYT] How the Trump Tax Cut Is Helping to Push the Federal Deficit to $1 Trillion

[NYT] As Qualcomm Deal Is Scrapped, China Denies Trade Link

[WSJ] Outflows From U.S. Stocks Swell as Investors Seek Refuge in Bonds

[WSJ] After Trump’s Threat to Iran, White House Convenes a Policy Meeting

[FT] Pensions risk could make schmucks of savers

[FT] China should really start to worry about Trump

[FT] Lost in translation: three things to watch at the ECB

[FT] Quant hedge funds lose their allure as performance sags

[FT] Iran warns US that it has forces ‘in places you cannot think’