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Monday, November 25, 2019

Tuesday's News Links

[Reuters] Wall Street hits new record high on Disney, Best Buy

[Reuters] World stocks edge off highs to await U.S.-China progress

[Reuters] Dollar hits two-week high on yen, yuan up after China-U.S. trade call

[Reuters] China trade deal close, sticking points remain: White House adviser

[CNBC] China’s top trade negotiator Liu He talks to Lighthizer, Mnuchin about ‘resolving core issues’

[AP] New home sales slipped 0.7% in October but remain solid

[CNBC] Home price gains accelerate in September, S&P Case-Shiller Index says

[Reuters] U.S. goods trade deficit narrows sharply in October

[Reuters] Exclusive: China sets up Hong Kong crisis center in mainland, considers replacing chief liaison

[Reuters] Hong Kong's Lam appeals for calm but offers no concessions after election drubbing

[Bloomberg] China Faces Biggest State Firm Offshore Debt Failure in 20 Years

[Bloomberg] Fed's Powell Says U.S. Economy's Glass Is ‘More Than Half Full’

[Bloomberg] China’s Shifting Approach to Bank Bailouts

[NYT] Fed Chair Powell Says a Solid Labor Market Could Get Even Stronger

[WSJ] China Stays Upbeat About Trade Deal With U.S.

[WSJ] Powell Says Fed’s Rate Cuts Reflect More Bearish View of Economy

[WSJ] Silicon Valley Adjusts to New Reality as $100 Billion Evaporates

[FT] China central bank warns over rising household debt levels

[FT] Repo: How the financial markets' plumbing got blocked

[FT] Boomtime back as dealmaking hits $70bn in a day

[FT] Yield-crazed investors pile into US subprime car loans

[FT] China’s special-purpose bonds fall short of Beijing’s ambitions