Thursday, May 30, 2019

Friday's News Links

[Reuters] Stocks shiver, bonds surge on Trump's Mexico threat

[Reuters] Stock futures slide as Trump threatens tariffs on Mexico

[CNBC] US 10-year yield collapses to 2.16% as Trump’s surprise Mexico tariffs stoke recession worries

[Reuters] Yen surges as Trump's Mexico threat fuels recession fears

[Reuters] Oil falls to lowest in nearly three months as U.S. tariffs on Mexico stoke economy worries

[Reuters] U.S. inflation picks up in April, spending slows

[Reuters] Trump vows rapid, high tariffs on Mexico unless illegal immigration ends

[Reuters] China threatens corporate hit-list on eve of new tariffs on U.S. imports

[The Hill] Grassley slams Trump tariffs on Mexico: 'A misuse of presidential tariff authority'

[CNBC] Chinese factory activity contracts more than expected, official data show

[Reuters] Shrinking China factory activity, faltering exports inflame economic anxiety

[Reuters] Ex-China central bank chief says progress at Xi-Trump Japan meet 'difficult'

[CNBC] Surprise Mexican tariffs hurt China agreement chances: ‘How can you trust Trump to honor a deal?’

[Reuters] "America First is a fallacy," Mexico's president responds to Trump tariff

[Reuters] U.S., China firms scramble as new tariffs hurt business

[Reuters] U.S. says countries buying Iranian oil will be subject to sanctions

[Reuters] North Korea's Kim Jong Un carrying out purge after Hanoi summit collapse: Chosun Ilbo

[Bloomberg] China Threatens Sweeping Blacklist of Firms After Huawei Ban

[Bloomberg] Credit Investors Pull Most From High-Grade Funds Since 2015

[Bloomberg] June Could Be the Cruelest Month for China’s Yuan

[Bloomberg] Today’s U.S.-China Clash Began at Tiananmen Square

[Bloomberg] Taiwan Dollar's Steepest Drop in Three Years Is Just the Start

[Bloomberg] U.S., China Defense Chiefs to Lay Out Rival Visions for Asia

[WSJ] China Trade Fight Raises Specter of Rare-Earth Shortage

[WSJ] Administration Nears Plan to Return Fannie, Freddie to Private Ownership

[FT] Investors beat a retreat from US junk bonds

Thursday Evening Links

[CNBC] Trump says US will impose 5% tariff on all Mexican imports from June 10

[Yahoo/Bloomberg] Stocks Slide as Trump Turns Tariff Gun to Mexico: Markets Wrap

[Reuters] Wall St steadies after trade tension-driven selloff

[Reuters] Treasuries - Yields hold near 20-month lows as trade fears persist

[Reuters] Oil falls 3% on small U.S. crude stock draw, trade war worries

[Reuters] U.S.-based equity funds post $22 billion outflows amid trade tensions

[CNBC] Here’s why China’s trade war threat to restrict rare earth minerals is so serious

[Reuters] Fed's Clarida sees U.S. economy in a 'very good place'

[Reuters] U.S. 30-year mortgage rates drop below 4%: Freddie Mac

[CNBC] Rental market is heating up, so say goodbye to all those freebies and perks

[WSJ] Fed Would Consider Interest-Rate Cuts if Growth Outlook Darkens

[WSJ] Crop Prices Climb on Worries Over Size, Quality of Harvest

[WSJ] L.A. Developers Have a Big Problem: Too Many New Megamansions

[FT] The surprising rise of private capital

Thursday's News Links

[Reuters] Global stocks steady, yields bounce

[Reuters] Defying rate-cut expectations, dollar gains for fourth month

[MarketWatch] Trade deficit widens in April as exports and imports drop

[CNBC] First-quarter economic growth up 3.1%, better than Wall Street expected

[Reuters] Trump says U.S. doing well in trade talks with China

[Reuters] Taking aim at U.S., China says provoking trade disputes is 'naked economic terrorism'

[Reuters] Explainer: China's rare earth supplies could be vital bargaining chip in U.S. trade war

[Reuters] Takeover of little-known Baoshang casts doubt over other small Chinese banks

[CNBC] China makes next move in trade war, reportedly halting US soy purchases

[CNBC] Weaker companies are piling on the debt, and that could be trouble if things get worse

[Reuters] Bump in the night: FX flash crashes put regulators on alert

[AP] China dangles a potentially harmful new threat in trade war

[Reuters] China willing to meet reasonable rare earth demand from other countries

[Reuters] China set to control rare earth supply for years due to processing dominance

[Reuters] Pentagon seeks funds to reduce U.S. reliance on China's rare earth metals

[Reuters] Brazil's GDP shrinks 0.2% in Q1, first contraction since 2016

[Reuters] BOJ policymaker warns against 'reckless' easing to reach price goal

[Reuters] U.S. 'playing with fire' on Taiwan, China says ahead of defense meeting

[Bloomberg] Investors Brace for a New Cold War That Will ‘Last Our Careers’

[Bloomberg] U.S.-EU Talks Struggle, Threatening a New Front in Trade War

[Bloomberg] Fed Hopeful Shelton Questions Value of Bank’s Dual Mandate

[Bloomberg] The Moment Merkel Realized Trump Changes Everything for Germany

[Bloomberg] A $4 Trillion Plan Could Make or Break Dreams of U.S. Homebuyers

[Bloomberg] Pimco Warns That Central Banks Can’t Rescue the Bond Market

[NYT] The Bond Market Is Trying to Tell Us Something (Worry)

[WSJ] Fed’s Patience Tested as Trade Spat Clouds Growth Outlook

[WSJ] The Dollar Underpins American Power. Rivals Are Building Workarounds.

[WSJ] The Growing Menace of the Moscow-Beijing-Tehran Axis

[FT] China central bank chief moves to reassure on small banks

[FT] Chinese and US navies must bring down tensions