Wednesday, October 24, 2018

Wednesday Evening Links

[CNBC] Dow erases gains for the year, tumbles more than 600 points as stocks extend October swoon

[BloombergQ] Dollar Climbs to One-Year High as Europe’s Currencies Crushed

[Reuters] U.S. manufacturers say tariffs pushing prices higher: Fed

[BloombergQ] JPMorgan Sees $7.4 Trillion Passive Selling Pressure in Downturn

[Reuters] Regulators concerned about material loosening in leveraged loan market

[Reuters] Bank of Canada raises rates, might speed up pace of future hikes

[Reuters] Prolonged market slump could bruise U.S. economy: Fed's Mester

[CNBC] Buyers 'hibernating' as spiking mortgage rates hit housing harder than expected

[BloombergQ] Central Banks to Increase Gold Buying for First Time Since 2013

[BloombergQ] Senate Finance Chairman Backs Powell After Trump Faults Fed Chief

[FT] Italy’s face-off with Brussels has echoes of the Greek debt crisis

Wednesday's News Links

[Reuters] Fears for growth, company profits keep stocks under pressure after five days in red

[Reuters] U.S. new home sales drop to near two-year low in September

[Reuters] Fed's Kaplan sees three more interest rate hikes 'likely'

[BloombergQ] Trump Says He ‘Maybe’ Regrets Picking Fed's Powell, WSJ Reports

[CNBC] China talks up the stock market amid lurking concerns about share-backed loans 

[MarketNews] Here are the early signs China’s stock-market woes are starting to infect the rest of the world

[CNBC] Mortgage applications weaken further as interest rates rise

[MarketWatch] China investors fear too much stock is being used as collateral, a big market drag

[BloombergQ] Record China Bond Failures Breathe Life Into CDS-Like Tool

[BloombergQ] Yuan Trading Volume Exceeds 2015 Peak as Currency Stays Rooted

[Reuters] Trump threats, demands spark 'existential crisis' at WTO

[NYT] Italy Is in Trouble. Here’s Why the World Should Care.

[WSJ] Chinese Stocks Pledged to Lenders Raise ‘Doom Loop’ Fears

[WSJ] Risk Returns to Leveraged-Buyout Market

[WSJ] Stock Market Whiplash Rattles Investors

[WSJ] U.S. Manufacturers See Signs of New Risks

[FT] China’s rising share pledges pose market risk

[FT] Capital key risks an Italy dilemma for the ECB

[FT] Italian banks’ fate tied to ‘lords of the spread’

[FT] Italy’s populist coalition ramps up pro-Russia rhetoric