Thursday, December 27, 2018

Thursday Evening Links

[Reuters] Asia stocks edge up as Wall St. extends comeback rally

[Reuters] Wall Street roars back late to keep rally going

[Reuters] Oil prices drop as U.S. stock markets retreat

[Reuters] Schumer: Democrats, Republicans far apart on U.S. government funding

[CNBC] Government shutdown likely to extend into next year as Trump and Congress fail to break border wall stalemate

[Reuters] Drop in U.S. consumer confidence stokes fears of economic slowdown

[CNBC] Sears may be down to its last 24 hours. Iconic retailer likely liquidates if no bid comes in tomorrow

[CNBC] Saudi king shakes up Cabinet in the wake of Khashoggi crisis

[WSJ] The Investment That Cost Apple $9 Billion in 2018

[WSJ] Time Is Running Out for Unprofitable Chinese Startups

[FT] Tett: Expect more turbulence from Trump’s Fed fight

[FT] Tax cuts one year on: ‘we are on a very unstable fiscal path’

[BloombergSub] December Early Indicators Show China Slowed for a Seventh Month

Thursday's News Links

[Reuters] Dramatic stock market rally runs out of steam

[Reuters] Stocks tumble after Wall Street's dramatic surge

[Reuters] Oil slips back toward 18-month lows on oversupply

[Reuters] Exclusive: White House considers new year executive order to bar Huawei, ZTE purchases

[Reuters] Most shorted stocks log record gain as Wall Street surges

[Reuters] U.S. Commerce Department won't publish economic data during shutdown: WSJ

[Reuters] China's industrial profits suffer first annual drop in three years, piles pressure on economy

[FT] China’s middle class hit by shadow banking defaults

[BloombergSub] China Heads Into Trade Talks Bracing for More U.S. Demands

[BloombergSub] Billions in Buybacks No Match for Bears With Stocks Cratering

[BloombergSub] Traders Face New Landscape With Powell at Microphone After Every Fed Meeting

[BloombergSub] Asian Debt Defaults Are Expected to Rise

[BloombergSub] Omega, Jabre Capital Among Hedge Fund Casualties in Dismal 2018