Friday's News Links

[Yahoo/Bloomberg] Stocks Waver After Nonfarm Payrolls Data: Markets Wrap

[Yahoo/Bloomberg] Euro Set for Best Week Since 2009 as BofA Boosts Forecast

[Yahoo/Bloomberg] Oil Pares 2025’s Biggest Weekly Drop as Tariff Tumult Dominates

[Yahoo/Bloomberg] China’s Top Tech Stocks Are Soaring While the ‘Mag Seven’ Sink

[Yahoo/Bloomberg] Japanese Bonds Set to Lose Mantle of Lowest Yielding Major Market to China

[CNBC] U.S. payroll growth totals 151,000 in February, less than expected

[Yahoo/Bloomberg] Trump’s On-Again, Off-Again Tariff Strategy Sows Confusion

[Yahoo/Reuters] US Treasury chief says plan to be put in place on acquiring crypto

[Reuters] Hedge funds give up half of 2025 gains in 'challenging' markets, says Goldman Sachs

[Yahoo/Reuters] US equity funds see outflows on tech selloff, trade war worries

[Reuters] EU leaders agree on defence surge, support Zelenskiy after US aid freeze

[Yahoo/Bloomberg] Mexico to Review China Tariffs in Potential Win for Trump

[CNBC] DOGE layoffs may ‘overwhelm’ unemployment system for federal workers, report finds

[Politico] Germany’s Merz has 2 weeks to deliver historic spending revolution

[Yahoo/Reuters] China's imports tumble as demand skids, trade war heats up

[Yahoo/Telegraph] German manufacturing plunges as country risks deep recession

[Yahoo/Bloomberg] Mysterious Block Trades in Japan Trading Houses Baffle Investors

[Politico] Ukraine uses French Mirage jets for first time in repelling massive Russian attack

[AP] Russia bombards Ukraine’s energy grid after Zelenskyy says his team will hold talks with the US

[AP] Clashes in Syria’s coastal region between government forces and Assad loyalists kill more than 70

[Bloomberg] Bessent Warns on ‘Detox Period’ for Economy, Touts Trump ‘Call’

[Bloomberg] Bessent Says Trump Confident No Xi Move on Taiwan in His Term

[Bloomberg] China Blasts Trump as ‘Two-Faced,’ Calls Fentanyl Tariffs ‘Evil’

[Bloomberg] China’s Bonds See Worst Slide This Year as Rate-Cut Doubts Grow

[Bloomberg] China Had Record $540 Billion of Exports in Rush to Beat Tariffs

[Bloomberg] Secretive Hedge Fund QRT Adds Another $5 Billion to Its Assets

[NYT] Markets Are Uneasy After a Week of Dizzying Policy Shifts

[NYT] Trump’s Policies Have Shaken a Once-Solid Economic Outlook

[NYT] Tariffs by Whim Keep Allies Off Balance, but Do the Same to Markets

[WSJ] Trump Signs Executive Order Officially Establishing Crypto Reserve

[WSJ] China Scolds ‘Two-Faced’ U.S. in Rebuke of Trump’s Agenda

[WSJ] Trump’s Embrace of Putin Has Germany Thinking of Nuclear Weapons

[WSJ] SpaceX Again Loses Spacecraft During Latest Starship Test Flight

[FT] ‘It’s like a whipsaw’: Donald Trump’s tariff U-turns unnerve businesses and investors

[FT] ‘Druckonomics’: Wall St veteran poised to shape the new US economic order

[FT] What makes the Maga mindset different?

[FT] The hidden dangers of family offices

Thursday Evening Links

[Yahoo/Bloomberg] Asian Stocks to Dip as Wall Street Sentiment Sours: Markets Wrap

[Yahoo/Bloomberg] Chaotic Market Burns Array of Hedge Fund Strategies in February

[Yahoo/Bloomberg] Wall Street Goes From Hope to Panic as Nasdaq 100 Nears a Correction

[AP] Canada’s tariffs to remain despite Trump postponing tariffs on many imports from Canada for a month

[Politico] Major division in EU as leaders get deal on arming Ukraine — without Hungary

[Bloomberg] Chaotic Market Burns Array of Hedge Fund Strategies in February

[Bloomberg] Spooked China Exporters Say US Consumers Will Share Tariff Pain

[Bloomberg] Bessent Highlights Trump’s Fed Silence, Rejects Inflation Worry

[Bloomberg] Fed’s Waller Still Sees Potential for Two to Three Cuts in 2025

[Bloomberg] US Homebuilders Face a Supply Chain Snarl From Tariff Battles

[Bloomberg] Meloni Backs Giving Ukraine NATO Security Without Membership

[Bloomberg] China’s Embrace of Open-Source AI Will Tip the Scales

[Bloomberg] Assad Loyalists Carry Out Deadly Raids, Shaking War-Weary Syria

[WSJ] The Kremlin Keeps Escalating

[WSJ] Big Chunk of North American Trade Remains Exposed to Tariffs

[FT] Investors push money market assets over $7tn as US equities wobble

[FT] Donald Trump restrains Doge as concern mounts over scale of job losses

Thursday Afternoon Links

[Yahoo/Bloomberg] Stocks Sink as Tariff Back-and-Forth Roils Trading: Markets Wrap

[Yahoo/Bloomberg] Oil Swings on Mexico Tariff Delay, Fresh Sanction Prospects

[Yahoo/Bloomberg] Trump Says He Will Delay Mexico Tariffs on Goods Under USMCA

[AP] Trump’s erratic trade policies are baffling businesses, threatening investment and economic growth

[AP] Live updates: EU leaders hold emergency Ukraine talks after Trump suspends aid

[Yahoo/Reuters] US Treasury's Bessent lays out plans to reshape global trade, ease bank regulations

[Yahoo Finance] Corporate America isn't talking about anything but tariffs right now

[Axios] The world's Trump adjustment

[Yahoo/Bloomberg] Gold Imports at Root of Record US Trade Gap Excluded From GDP

[Yahoo/Bloomberg] Trump’s Trade War Reignites Fed’s ‘Transitory’ Inflation Question

[Yahoo/Bloomberg] Tariffs Will Cost Automakers Billions, Says Canada’s Linamar

[Politico] Germany splits with former frugal allies in push to boost EU military spending

[Yahoo/Bloomberg] ECB Heads for Showdown Over Whether to Cut Rates Again in April

[Yahoo/Bloomberg] World Must Prepare to Fight Climate Change Without US, UK Says

[Bloomberg] Wall Street Goes From Hope to Panic as Nasdaq 100 Nears a Correction

[Bloomberg] Fed’s Harker Warns Rising Inflation Pressures Threaten Progress

[Bloomberg] Ukraine’s Zaluzhnyi Says US Is ‘Destroying’ the World Order

[Bloomberg] Citadel Securities’ $9.7 Billion Trading Revenue Passes Barclays

[Bloomberg] German Debt May Swell by €625 Billion in Five Years, Scope Says

[NYT] Sweeping Tariffs Threaten to Undo a 30-Year Trade Alliance

[WSJ] Trump’s Golden Age Begins With a Brutal Trade War

[WSJ] Draft of Trump Executive Order Aims to Eliminate Education Department

[WSJ] Trump Envoy Floats U.S.-Israel Action Against Hamas If Hostages Aren’t Released

[FT] Trump has undermined US economic exceptionalism

[FT] America’s big, beautiful . . .  liability management exercise?