Friday, December 14, 2018

Friday Afternoon Links

[Reuters] Wall St. tumbles on global growth worries, J&J decline

[CNBC] J&J shares plunge 11% after report that the company knew for decades about asbestos in baby powder

[Reuters] J&J knew for decades that asbestos lurked in its Baby Powder: Reuters

[BloombergQ] China’s Seizure of Two Canadians ‘Not Acceptable,’ Trudeau Says

Friday's News Links

[Reuters] Weak economic data send world stocks tumbling

[BloombergQ] Global Stock Sell-Off Resumes as Growth Signs Flag: Markets Wrap

[Reuters] U.S. core retail sales surge in November

[Reuters] China says to halt additional tariffs on U.S.-made cars from Jan. 1

[Reuters] China says on track to hit 2018 GDP growth target, faces more uncertainties next year

[BloombergQ] China Debt Scrutinized More by Taiwan Banks Eyeing Trade War

[BloombergQ] U.S. Leveraged Loan Funds Lose Cash at Fastest Pace Ever

[Reuters] Protests plunge French business activity into contraction: PMI

[Reuters] The price of progress in China: 'We traded our lives for development'

[BloombergQ] Bitcoin Sinks Nearer to $3,000 Level as December Losses Mount

[WSJ] Brexit Disarray Sends a Shiver Through the Financial Sector

[WSJ] Companies Ramp Up Stock Buybacks as Market Swoon Continues

[WSJ] Beijing’s Answer to Property Sector’s Debt: Keep On Borrowing

[FT] Japan’s new year faces a painful reckoning for markets

[FT] Wall Street banks turn skittish on leveraged loans

[FT] Investors signal concerns with leveraged loans

[FT] Chinese elites reel from shock of Huawei arrest

[FT] Central banks assess next steps as ECB joins retreat from QE

[FT] Sydney’s house prices face a falling tide

[BloombergSub] Leveraged Loans Are Sinking, Even as Junk Bonds Find Support