Friday, December 21, 2018

Friday Evening Links

[BloombergQ] Stock Sell-Off Deepens on D.C. Chaos; Tech Sinks: Markets Wrap

[CNBC] US crude ends the week down 11% at $45.59 for worst performance since January 2016

[Reuters] Wall St. hits fresh year-lows on threat of government shutdown, slowing growth

[Reuters] U.S. junk bonds lower again after worst day since 2016

[BloombergQ] Banks Stuck With $1.6 Billion of Unsold Loans Amid Market Rout

[The Hill] GOP senators reject Trump proposal to go 'nuclear' on wall

[BloombergQ] Investors Unload the Biggest Junk-Bond ETFs as Market Nosedives

[CNBC] Demand for apartment rentals surges unexpectedly as home sales slump

[NYT] Top Official Says the Fed Will Adjust if the Economy Weakens

[BloombergSub] Global Chaos Makes Gold a Holiday Winner for Hedge Funds

Friday's News Links

[CNBC] NY Fed President John Williams says the Fed could re-evaluate view in 2019 — stocks jump

[Reuters] Williams says Fed policy views could change, listening to markets

[Reuters] Corporate bond issuance shrinks to 7-year low as selloff deepens

[AP] US economy grew at 3.4% rate in the third quarter

[AP] US durable goods orders rose 0.8% in November, led by defense spending

[Reuters] U.S. consumer spending increases solidly; wage growth tepid

[CNBC] Trump promises a ‘very long’ government shutdown as the Senate is set to reject border wall money

[BloombergQ] Powell Discovers Juggling Three Fed Communication Tools Is Hard

[CNBC] El-Erian: Fed chief Jerome Powell is trying to break the market’s central bank ‘co-dependence’

[BloombergQ] China Pledges More Stimulus in 2019 as Economy Seeks Bottom

[Reuters] Japan's slowing consumer inflation piles pressure on BOJ

[Reuters] China denies 'slanderous' economic espionage charges from U.S., allies

[Reuters] U.S. allies in Asia-Pacific region rattled after Mattis quits

[WSJ] Trump Pledges Long Government Shutdown Without Border-Wall Funding

[WSJ] China to Step Up Efforts to Halt Economic Downturn Amid Trade Tussle

[FT] Loan funds suffer record outflows

[FT] Quant investors face test of faith in 2019