Tuesday, November 13, 2018

Tuesday Evening Links

[BloombergQ] U.S. Stocks Sputter as Crude Slumps; Pound Surges: Markets Wrap

[Reuters] Oil slumps 6 percent as rout runs to 12 days on supercharged selling

[Reuters] U.S. government posts $100 billion deficit in October

[Reuters] Italy government sticks to budget targets despite EU pressure

[CNBC] Why oil prices went from four-year highs to a bear market in just six weeks

[Reuters] DoubleLine's Gundlach: U.S. corporate bonds 'most dangerous' part of market

[CNBC] White House economic advisor Kudlow says US is speaking again with China on trade

[MarketWatch] Kudlow says Navarro ‘badly misspoke’ on China trade-deal likelihood

[BloombergQ] Oil's Slide Accelerates in `Capitulation' to Darkening Outlook

[Forbes] This Year, Ironically, First U.S. Deficit Record In 12 Years

[BloombergQ] U.S. Dollar's Safe-Haven Status May Not Be So Safe, BofA Says

[CNBC] A banker who worked closely with Trump on debt restructuring sees a big problem coming for the market

[AP] US colleges attracting fewer new students from abroad

[FT] Italy remains defiant over budget plans

[FT] IMF warns Italy that budget plans risk backfiring

[FT] Five US tech giants spend combined $115bn on buying back stock

[FT] China censorship moves from politics to economics

Tuesday's News Links

[BloombergQ] Stocks Climb on Trade Talk Hopes; Oil Extends Loss: Markets Wrap

[Reuters] European shares recover after U.S. tech rout; dollar falls

[Reuters] China's yuan inches up as state banks step in to support

[CNBC] Treasury Secretary Mnuchin and top Chinese official are reportedly talking trade ahead of Trump-Xi meeting

[UK Guardian] Italy expected to defy EU request to present revised budget

[Reuters] China Oct loan data disappoints, points to further slowing in economy

[Reuters] Warnings of a 'domino effect' of protectionism as Asian leaders meet

[BloombergQ] SEC Official Warns Leveraged Funds Could Hurt Reputation of ETFs

[CNBC] The reasons to be bearish on the stock market now are swamping the bull case

[BloombergQ] World's Most Active IPO Market Starts to Show Signs of Stress

[NYT] Trump’s Tax Cut Was Supposed to Change Corporate Behavior. Here’s What Happened.

[WSJ] A China Trade Deal or a New Cold War?

[WSJ] Dollar Surges Amid Political Turbulence Abroad

[WSJ] Two Senators Urge Trump to Stop Criticizing Fed

[WSJ] Chinese Banks: We’ll Never Grow Up, Not Us

[WSJ] U.S. Embarks on Tortoise vs. Hare Investment Race With China

[FT] Why Italy’s economy is stagnating

[BloombergSub] Bank of Japan’s Hoard of Assets Is Now Bigger Than the Economy

[BloombergSub] China’s Housing Market Heading for ‘Year of Recession’, Says CICC