Monday's News Links

[Reuters] Stocks wipe out new year gains; gold, oil soar on U.S.-Iran threat

[Reuters] Mideast tensions send yen to three-month peak

[Reuters] Trump stands by threat on Iranian cultural sites, warns of 'major retaliation'

[Reuters] Trump threatens to slap sanctions on Iraq ‘like they’ve never seen before’

[Reuters] Fed focuses on repo market exit strategy after avoiding year-end crunch

[Reuters] Fed faces new trade-offs, hunts for new model, in low-rate world

[Reuters] Fed's Williams says it is important to keep 2% inflation target amid low rates: WSJ

[Reuters] Huge crowds in Iran for general's funeral as new commander promises revenge

[AP] Asian countries brace to evacuate workers in Iraq, Iran

[Bloomberg] Why So Many Emerging Markets Are Blowing Up Right Now

[Bloomberg] Iran’s Currency Feels the Squeeze as Trump Intensifies Rhetoric

[WSJ] Iranians Rally in Display of Unity as Calls for Revenge on U.S. Deepen

[WSJ] It’s White-Knuckle Time for Buyers of Riskier Corporate Loans

[FT] Fed looks forward to ‘boring’ 2020 after frenetic year

[FT] US debt investors seek protection against inflation

Sunday Evening Links

[Reuters] Gold, oil surge in Asia as U.S., Iran exchange threats

[CNBC] Oil prices rise 1% in early trading as tensions in the Middle East mount

[Reuters] Iraq wants foreign troops out after air strike; U.S. urges leaders to reconsider

[Reuters] Iran says no limits on enrichment, stepping further from 2015 deal: TV

[Reuters] NATO to hold urgent meeting on Monday over Iraq-Iran crisis

[Reuters] Chinese delegation plans to travel to Washington to sign trade deal: SCMP

[Bloomberg] Gold Climbs to Highest Level Since 2013 on Iran-U.S. Tension

[Bloomberg] Draghi, Yellen Warn of Risks Facing Policy in Low-Rate World

[WSJ] Few Bank Failures Could Be a Warning Sign for U.S. Financial  System

Sunday's News Links

[Reuters] Gulf markets plunge on U.S.-Iran tensions, Aramco at lowest since IPO

[Reuters] Bernanke: Fed has ample clout to fight downturn if toolkit used properly

[Reuters] China's central bank says will keep monetary policy prudent, flexible and appropriate

[Reuters] Iran condemns Trump as 'terrorist in a suit' after attack threat

[Bloomberg] Saudi Default Risk Jumps as U.S.-Iran Tensions Flare: Chart

[NYT] Low Rates, Cheap Gas and Deeper Debt Sustain Car Buying Boom

[WSJ] High Cost of Wildfire Insurance Hurts California Home Sales