Thursday, December 6, 2018

McAlvany Weekly Commentary

Doug Noland - The Global Bubble Has Burst

Thursday Evening Links

[Reuters] Battered Asia shares try to rally on talk of Fed pause

[Reuters] S&P 500, Dow slip on trade worries, but end off of lows

[CNBC] 10-year Treasury yield falls to 2.83% amid stock sell-off, was above 3% at the start of the week

[Reuters] Oil dives 4 percent after OPEC delays output decision

[BloombergQ] U.S. Said to Seek Extradition in China Crackdown: Huawei Update

[Reuters] U.S. household net worth rises to $109 trillion ahead of stock rout

[Reuters] U.S. fund investors pull most cash from bonds in five weeks: Lipper

[BloombergQ] Traders Starting to Doubt Fed Will Raise Rates Even Once in 2019

[CNBC] The market is tanking this week: Here’s what you need to know

[BloombergQ] Something Weird Is Going on With German Debt

[BloombergQ] Hedge Funds Pivot Back to Stocks, Raising Leverage From 2018 Low

[BloombergQ] Trump Hasn’t Tweeted About the Stock Market Since Nov. 12

[WSJ] Fed Weighs Wait-and-See Approach on Future Rate Increases

[WSJ] Senior Huawei Executive’s Arrest Steps Up U.S.-China Confrontation

[WSJ] House Passes Temporary Spending Bill

[FT] China and the US: trade war or cold war?

[FT] US trade deficit at widest level in 10 years

[FT] China demands release of Huawei CFO held on US charges

Thursday's News Links

[BloombergQ] Stocks Rout Deepens With Banks Leading Latest Drop: Markets Wrap

[BloombergQ] China Stocks Slump as Huawei Shakes Sentiment, Drugmakers Plunge

[CNBC] Oil prices slide 3% as OPEC is seen cutting output less than expected

[Reuters] Treasuries-U.S. yields hold near 3-month lows after ADP U.S. jobs data

[BloombergQ] ‘Shocking’ Huawei Arrest Threatens to Upend Trump-Xi Trade Truce

[CNBC] International trade deficit surges to highest in a decade as imports rise, US exports drop

[Reuters] U.S. factory orders post largest drop in more than a year

[CNBC] Arrest of Huawei CFO shows ‘the gloves are now fully off,’ says Eurasia Group

[Reuters] OPEC agrees tentative oil cut, waits for Russia to commit

[BloombergQ] China Lending Crackdown Deals Blow to World's Biggest Car Market

[BloombergQ] Putin’s Saudi Bromance Is Part of a Bigger Plan

[NYT] Arrest Shakes Huawei as Global Skepticism of Its Business Grows

[WSJ] The Trouble With Huawei Will Spread

[WSJ] Fed Chairman Jerome Powell Draws Congressional Support, Even as Trump Bashes Him

[FT] Hedge fund industry’s big guns misfired in November

[BloombergSub] China Outraged at Arrest of Huawei CFO in Canada After U.S. Request