Wednesday Evening Links

[Reuters] U.S. chip stocks surge on trade deal hopes, Wall Street edges up

[Bloomberg] Border-Closing Options Under Study by Trump Officials

[Bloomberg] U.S. services, private payrolls data highlight slowing economy

[Reuters] German institutes cut 2019 growth forecast to 0.8 percent: sources

[CNBC] Don’t be fooled by the ‘unicorn’ hype this year, most IPOs lose money for investors after 5 years

[Bloomberg] BOE's Carney Says Risk of No-Deal Brexit Is Alarmingly High

[Bloomberg] Refinancing Spike to Keep Mortgage-Backed Security Investors on Guard

[NYT] America’s Biggest Economic Challenge May Be Demographic Decline

[WSJ] Tariffs Take Center Stage in U.S.-China Trade Talks

[FT] China stumbles in push to internationalise its currency

Wednesday's News Links

[Reuters] Hopes for U.S.-China trade, softer Brexit lift shares for fifth day

[Reuters] Oil nears $70, hovers near five-month highs on cuts and sanctions

[Reuters] U.S. private sector adds 129,000 jobs in March: ADP

[CNBC] Weekly mortgage refinances spike 39% after huge rate drop

[Reuters] White House's Kudlow says U.S.-China talks are progressing

[CNBC] US and China are reportedly drawing closer to a final trade agreement

[Reuters] China March services activity quickens to 14-month high in further sign of recovery: Caixin PMI

[Bloomberg] China-U.S. Trade Talks Enter Crunch Period as Liu Arrives in DC

[Reuters] Escalating U.S.-China trade war would hit manufacturing, agricultural jobs: IMF

[Bloomberg] The Decade of Deleveraging Didn’t Quite Turn Out That Way

[Bloomberg] Fed Risks Stoking Financial Bubble in Drive to Lift Inflation

[Bloomberg] $3.3 Trillion of Global Debt Starts to Tip the Scale

[Bloomberg] Quants Reboot Factor Investing as Ebbing Demand Bites at ETFs

[Reuters] Venezuela lawmakers loyal to Maduro open door to prosecution of Guaido

[Reuters] Turkish opposition demands mandate as Istanbul recount continues

[NYT] Japan Stumbles as China’s Growth Engine Slows

[WSJ] Trump to Fed Chairman Powell: ‘I Guess I’m Stuck With You’

[WSJ] Investors Brace for Hit to Profits as Costs Rise

[FT] US and China draw closer to final trade agreement

[FT] Why the yield curve is not the economic guide it once was

[FT] Turkish inflation holds just under 20% in March