Thursday Evening Links

[AP] US buys Argentine pesos, finalizes $20 billion currency swap

[Yahoo/Bloomberg] First Brands Collapse Blindsides Wall Street, Exposing Cracks in a Hot Corner of Finance

[Axios] China threatens access to supplies vital to the most important U.S. industries

[Yahoo/Bloomberg] Shutdown Cuts Off Flood Insurance Program During Storm Season

[Yahoo/Bloomberg] Trump, Pulte Threats Fuel $19.5 Billion Homebuilders Rout

[Bloomberg] Aegon’s Junk Debt Chief Braces for Credit Pain as Cracks Spread

[Bloomberg] Microsoft Forecasts Show Data Center Crunch Persisting Into 2026

[Bloomberg] Why China’s Plenum on Its Five-Year Plan Matters for the Global Economy

[WSJ] The Latest Beltway Deficit: $1.8 Trillion

[FT] US Treasury intervenes in Argentina’s currency market