Tuesday, August 21, 2018

Wednesday's News Links

[Reuters] Wall St. slightly lower on Trump legal woes

[Reuters] U.S. existing home sales fall for fourth straight month

[Reuters] Trump legal woes and trade talks cause nerves while EM enjoys respite

[Reuters] Dollar remains on defensive, U.S.-China trade talks awaited

[Reuters] U.S., China to resume trade talks in Washington amid low expectations

[CNBC] Trump: We are going to put a 25% tariff on every car from the European Union

[CNBC] Trump and China are ratcheting up tariffs. Here's what that means

[CNBC] Fed chairman Powell assured senator he's not swayed by Trump's criticism

[BloombergQ] If Trump Can Strong-Arm the Fed, U.S. Assets May Not Be So Great

[BloombergQ] Leveraged-Loan Lovefest Will End in Heartbreak

[BloombergQ] Volatility Trades Are Reborn as Two-Tier Market Spurs New Short

[WSJ] Jackson Hole Gets Added Attention as Key Fed Rate Ticks Higher

[WSJ] For U.S. to Stay in WTO, China May Have to Leave

[WSJ] Turkey’s Meltdown Hits Japanese Mom-and-Pop Investors

[FT] Ten years after Lehman collapse few lessons have been heeded

Tuesday Evening Links

[Reuters] U.S. stock futures open lower after Cohen pleads guilty

[Reuters] S&P touches record high, equals longest-ever bull run

[Reuters] Brazil currency falls to more than two-year low

[Reuters] Oil hits one-week high as Iran-driven rally gathers pace

[Reuters] Fed's Kaplan sees three or four more rate hikes, then a pause

[Reuters] U.S. lawmakers seek more sanctions on 'menace' Russia

[CNBC] Trump's former lawyer Michael Cohen pleads guilty, admits to making illegal payments at direction of candidate

[CNBC] Former Trump campaign chief Paul Manafort found guilty of bank and tax fraud

[Newsweek] Europe Must Create New Monetary Fund That Leaves U.S. Out to Save Iran Deal, Germany Says

[NYT] 8 Ways the Next Round of China Tariffs Could Pinch Consumers

[BloombergSub] Fed Minutes May Drop Clue About How Long Powell Will Hike Rates