Wednesday, January 15, 2020

Wednesday Evening Links

[Reuters] S&P 500 near record high after U.S., China sign Phase 1 trade deal

[Reuters] U.S., China reset trade relationship with Phase 1 agreement

[CNBC] Here’s what China agreed to buy from the US in the phase one trade deal

[Reuters] U.S. economy expands modestly but trade tensions weigh, Fed survey shows

[Reuters] Fed's Daly sees inflation reaching 2% goal next year

[Reuters] Putin shake-up could keep him in power past 2024 as cabinet steps aside

[Bloomberg] The $95 Billion Centerpiece of the Trade Deal Is Already In Doubt

[Bloomberg] Crop Markets Show Little Excitement Over U.S.-China Deal

[Bloomberg] Fed Fuels Rise in Risk Assets With Balance Sheet, Kaplan Says

[Bloomberg] KKR Warns of WeWork Redux for Big Names That Can’t Turn Profits

[Bloomberg] New York City Property Values Rise 4.7%

[Bloomberg] Second Hottest Year on Record Capped Warmest-Ever Decade

[WSJ] The Era of Fed Power Is Over. Prepare for a More Perilous Road Ahead.

[FT] Truce in the US-China trade war is only partial

Wednesday's News Links

[Reuters] S&P, Dow notch record highs ahead of signing of trade deal

[Reuters] Oil slips on doubts about U.S.-China deal, OPEC outlook

[Reuters] U.S. producer prices barely rise as services remain subdued

[CNBC] Weekly mortgage applications soar 30% as homebuyer demand hits the highest level in 11 years

[CNN] The world is drowning in debt

[Financial Post] Global debt-to-GDP ratio has now hit an all-time high of 322%

[Reuters] Treasury's Mnuchin says U.S. cannot continue to boost spending at current rate-CNBC

[Yahoo/Bloomberg] Fed Announces Plans For Repo Operations Through to Mid-February

[Reuters] China central bank injects $58 billion of loans but keeps rates steady

[RT] Russian government resigns, after President Putin's State-of-the-Nation Address proposes changes to the constitution

[CNBC] The world’s largest hedge fund sees gold rising 30% to $2,000: ‘There is so much boiling conflict’

[Reuters] Taiwan president urges China to review policy after election win

[WSJ] Tech Tensions Simmer in Washington as U.S., China Near Trade Truce

[WSJ] Big Banks Post Big Profits Thanks to Strong U.S. Economy

[WSJ] Energy Companies Seize the Day With Bond Refinancings

[FT] Where next for the renminbi after US-China breakthrough?