Friday, July 26, 2019

Friday Evening Links

[Reuters] Alphabet, Starbucks drive Wall Street to record high

[Reuters] Trump says China may try to delay trade deal until 2020 election

[CNBC] Kudlow: ‘I wouldn’t expect any grand deal’ on China

[Reuters] Trump adviser says currency intervention off the table; Trump less clear

[Reuters] Trump targets China in call for WTO to reform 'developing' country status

[Bloomberg] Stock Bulls Groove to Powell as Earnings Outlooks Play Sour Note

[Bloomberg] Fitch Cuts South Africa Ratings Outlook After Eskom Bailout

Friday's News Links

[Reuters] Alphabet, Intel earnings boost Wall Street

[Reuters] Stocks stage tentative rebound after ECB disappointment

[CNBC] GDP slows to 2.1% in second-quarter but beats expectations thanks to strong consumer

[CNBC] Chinese officials suspect FedEx held back over 100 Huawei packages

[CNBC] Hedge fund manager Kyle Bass says a US-China trade deal can’t be reached

[CNBC] China wants to track and grade each citizen’s actions — it’s in the testing phase

[Reuters] Russia central bank trims key rate to 7.25%, says more cuts on way

[Reuters] North Korea's Kim says missile test a warning to South Korean 'warmongers'

[Bloomberg] U.S. Growth Slows to 2.1% as Trade War Weighs on Businesses

[Bloomberg] Japan’s Banks Are Running Out of Room to Cope With Negative Rates

[Bloomberg] Das: When It Comes to Debt, Size Doesn’t Matter Anymore

[NYT] China Needs New Places to Sell Its Mountain of Stuff

[WSJ] Tech Backlash Frays Cozy Ties to Washington

[WSJ] Markets Hope ECB Easing Package Could Be a Big One

[FT] Junk bond issuers snap up chance to stretch out borrowing

[FT] Big Tech is heading for a Wall Street-style cost explosion