Wednesday, October 30, 2019

Wednesday Evening Links

[Reuters] S&P closes at record on Fed bump

[CNBC] Fed cuts rates but indicates a pause is ahead

[Reuters] U.S. Treasury yield curve flattens after Fed cuts rates

[CNBC] Here’s what changed in the new Fed statement

[CNBC] The international summit where Trump and Xi were planning to sign a trade deal has been suddenly canceled

[Reuters] Consumers support U.S. economy as business spending slumps

[Reuters] U.S. natgas glut dims outlook for big producers as prices head to 25-yr low

[Bloomberg] Powell Says Fed Wants to Amp Repo Liquidity Without Rewriting Rules

[Bloomberg] Trump-Xi Trade Deal Hits Another Hurdle After Chile Cancels APEC

[NYT] Federal Reserve Cuts Interest Rates for Third Time in 2019

[WSJ] Fed Cuts Rate for Third Time This Year, Signals Pause

[FT] Federal Reserve delivers third rate cut but signals it is done for now

Wednesday's News Links

[Reuters] Wall Street set to open slightly higher; Fed decision looms

[Reuters] Gold firms as investors await Fed verdict

[CNBC] US GDP rose 1.9% in the third quarter, vs 1.6% growth expected

[AP] U.S. private sector job growth picks up in October: ADP

[AP] Fed is expected to cut rates but may offer little guidance

[Reuters] Chile says it can't host trade and climate summits after protests

[Reuters] With balance sheet in background, markets focus on Fed's rate decision

[Reuters] In U.S.-China talks, Beijing's refusal to spell out farm buys is big sticking point

[Reuters] China warns U.S. criticism at U.N. over Xinjiang not 'helpful' for trade talks

[Reuters] Divide and conquer: PM Johnson launches high-risk election strategy

[Reuters] Japan retail sales rise most since 2014, but outlook murky

[Reuters] Iraqi prime minister's main backers agree to oust him

[Bloomberg] Fed Prepares to Pause After Third Rate Cut: Decision Day Guide

[Bloomberg] China Steelmaker Default Sparks Debt Contagion Fear

[Bloomberg] China’s Biggest Banks Prepare for Hard Times

[Bloomberg] Worst Isn’t Over for Chinese Bonds as Supply Surge Looms

[Bloomberg] L.A.’s $1 Billion Trophy Tower Halted as China Pulls Back

[Bloomberg] Capital Controls Seen on the Cards for Lebanon as Crisis Deepens

[NYT] The Fed Is Expected to Cut Rates for a Third Time. Its Next Move Is a Mystery.

[NYT] Can PG&E Survive the California Wildfires?

[WSJ] Fed Eyes Third Rate Cut, but Faces Questions Over What Comes Next

[WSJ] Fed Adds $104.5 Billion to Financial Markets, Also Buys More Treasury Bills

[WSJ] PG&E Trade Punishes Hedge Funds as California Burns

[FT] Why ECB’s resumption of quantitative easing could spur eurozone outflows

[FT] India’s shadow banking crisis raises spectre of contagion