Friday's News Links

[Yahoo/Bloomberg] Stocks and Bonds Steady After Payrolls: Markets Wrap

[Yahoo/Bloomberg] Gold rises close to record on Trump tensions before jobs report

[CNBC] U.S. economy added just 143,000 jobs in January but unemployment rate fell 4%

[Axios] House GOP pleads for time after "intense" White House meeting

[Yahoo/Bloomberg] Trump Takes Aim at Private Equity’s Favorite Tax Perk Again

[Yahoo/Reuters] BIS warns on risks to economies, central bank policy over Trump uncertainties

[Yahoo/Reuters] US equity funds see sharp outflows in the week to Feb 5

[Yahoo/Bloomberg] BofA strategist Hartnett sees US stock market’s global dominance fading

[Yahoo/Bloomberg] Japan Needs Immediate Deficit Cut to Fix Fiscal Path, IMF Warns

[Yahoo/Bloomberg] Japan’s Household Spending Jumps Most Since 2022 as Wages Rise

[Yahoo/Bloomberg] Russia Faces an Impending Oil Tanker Crisis as Sanctions Pile Up: Oil Strategy

[Bloomberg] China’s Central Bank Buys More Gold as Prices Hit Record

[Bloomberg] DeepSeek Fails to Deter $325 Billion Gamble of the Century

[Bloomberg] Authers: Bessent’s Goals Won’t Work Unless DOGE Does, Too

[Bloomberg] After LA Fires Destroyed Mansions, Banks Reckon With Jumbo Loans

[Bloomberg] Private Credit Mimics CLOs to Tap Insurance Firms’ Trillions

[Bloomberg] How Close Is Iran to a Nuclear Weapon as Trump Eyes a Deal?

[NYT] Fannie Mae Underpins the Mortgage Market. Should the Government Sell It?

[NYT] Wall Street Prepares to Defend a Favored Tax Break, Again

[WSJ] Tech Giants Double Down on Their Massive AI Spending

[WSJ] Amazon Pours Fuel on Big Tech Spending After DeepSeek Panic

[WSJ] State Farm Was All In on California—Until It Pulled the Plug Before the Fires

[WSJ] It’s Russian Men Against Ukrainian Machines on the Battlefields in Ukraine

[FT] Tett: Gold glitters as the unimaginable becomes imaginable

[FT] US dealmaking suffers worst start to a year in a decade amid Trump volatility

[FT] US farmers ‘prepare for the worst’ in new Trump trade war

[FT] Trump’s memecoin inspires wave of copycats

[FT] German ‘debt brake’ reform may rattle global bond markets

[FT] Iran’s supreme leader rules out talks with Donald Trump

Thursday Evening Links

[Yahoo/Bloomberg] Asian Stocks to Fall, Yen Climbs Ahead of US Jobs: Markets Wrap

[Yahoo/Bloomberg] Trump Will Seek to End Carried Interest, Expand SALT in Tax Bill

[Axios] Scoop: Trump lays out tax priorities to House GOP

[Yahoo/Reuters] Trump's tariffs on China bite US bargain-hunting online shoppers

[Yahoo/Bloomberg] Fed’s Logan Is Skeptical That More Rate Cuts Are Necessary

[Yahoo/Bloomberg] Trump’s World Liberty Financial Plans to Create ‘Strategic’ Token Reserve

[Reuters] Big companies see no China recovery soon, adding to trade tensions gloom

[Bloomberg] Bessent Projects Normalcy While ‘Completely Aligned’ With Musk

[Bloomberg] Bessent Says Fannie-Freddie Release Depends on Mortgage Rates

[Bloomberg] Citadel Gives Rare Glimpse of $57 Billion Gains From Its Largest Funds

[WSJ] House Republicans Close In on Budget Deal After Trump Meeting

[FT] Amazon to spend $100bn this year in AI drive

[FT] Donald Trump seeks to close tax loophole enjoyed by private equity groups

Thursday Afternoon Links

[CNBC] S&P 500 ticks higher after latest batch of earnings reports: Live updates 

[Reuters] Yen hits 8-week high; sterling drops after Bank of England rate cut

[Yahoo/Bloomberg] Oil Swings as Trump’s Iran Plans Clash With Vow to Lift Output

[Yahoo/Bloomberg] Trump to Ask Congress to Upgrade US Air Traffic System

[Yahoo Finance] Trump Treasury Secretary Scott Bessent relieves some pressure on the Fed

[Yahoo/Bloomberg] OpenAI Eyeing More Data Centers in Texas, Other States for Stargate

[AP] Average US rate on a 30-year mortgage falls to 6.89%, third straight weekly decline

[Yahoo/Bloomberg] Hottest Debt in US Market Creeps Into Development Finance

[Yahoo/Bloomberg] Trump Media to Trademark a ‘Made in America ETF’ in Finance Push

[Reuters] Panama president to US: stop 'lies and falsehoods' about canal

[Reuters] A recipe for radicalism: Jordan raises red flags over Trump's relocation plan

[Bloomberg] Bessent Says Musk’s DOGE Isn’t ‘Tinkering’ With Treasury Systems

[NYT] Trump, the Panama Canal and the Hong Kong Firm at the Heart of a Showdown

[NYT] Trump Media Is Moving Into the Financial Services Industry

[WSJ] Tariffs Could Lead to Higher Insurance Prices for U.S. Consumers, Businesses

[WSJ] China’s Firms Are Bleeding Cash—and Vulnerable to Trump’s Trade War

[FT] Panama says US claims of free canal transit for warships are ‘lies’

Thursday's News Links

[Yahoo/Bloomberg] Citi sees gold soaring to $3,000 on tensions triggered by Trump

[Yahoo/Bloomberg] Stocks Waver as Ford, Qualcomm Slide: Markets Wrap

[Yahoo/Bloomberg] The Yen Is Back in Favor as Currency Traders Shun the Dollar 

[Yahoo/Bloomberg] Oil Holds Near Lowest This Year as Trump Weighs on Sentiment

[AP] US applications for jobless benefits rose to 219,000 last week, but layoffs remain relatively low

[Yahoo/Bloomberg] Musk ‘Buyout’ Taken by 40,000 Federal Workers as Deadline Nears

[Yahoo/Bloomberg] Trump Aides Seek to Tone Down His Proposal for US to ‘Own’ Gaza

[Yahoo/Bloomberg] Bank of England Cuts Rates While Signaling Caution on Path Ahead

[AP] Israel begins preparations for Gaza exodus as Egypt lobbies against Trump plan

[AP] Second type of bird flu detected in US dairy cows

[Bloomberg] Authers: Bessent Explains Trump. It Won't Be the Last Time

[Bloomberg] A Crisis Is Brewing in the Business of Paying for Catastrophes

[Bloomberg] Trump Reiterates Vision of Gaza Take Over, Moving Palestinians

[Bloomberg] DeepSeek Limits Access to AI Model as Demand Strains Capacity

[Bloomberg] Kuroda Says BOJ to Stay on Rate Hike Path as Deflation Has Ended

[NYT] U.S. Trade Deficit Hit Record in 2024 as Imports Surged

[NYT] Friday’s Jobs Report Will Be Confusing. Here’s How to Make Sense of It.

[WSJ] Gold May Rise Further Near-Term on Tariff Risks, Robust Central Bank Demand

[WSJ] Power Stocks Had Been on an AI Tear. Then Came DeepSeek.

[FT] Donald Trump says Gaza will be ‘turned over to the US by Israel’

[FT] Trump tariffs will lead to US brand boycotts, Jim Beam owner warns

[FT] How Greenland got caught in a clash of superpowers

[FT] Hottest January on record shocks scientists