Thursday, April 24, 2025

Friday's News Links

[CNBC] Stock futures slide after 3-day winning streak: Live updates

[Yahoo/Reuters] Oil prices set for weekly loss on potential for more global supply

[Yahoo/Bloomberg] Xi Seeks Detente With Europe as Trump Tariffs Alienate Bloc

[Yahoo/Bloomberg] Trump ‘misjudged’ China on trade war, Chinese adviser says

[Yahoo/Bloomberg] Trump Sees Trade Deals Coming in Three to Four Weeks

[Reuters] Japan is a test case for Trump's tariff deals. But talks may be tortuous.

[Politico] Trump talks tariffs. The EU talks free trade with the rest of the world.

[Yahoo/Reuters] US bond funds attract first weekly inflow in six weeks

[Yahoo/Reuters] Fed's Kashkari nervous that trade policy uncertainty will lead to layoffs

[Yahoo/Bloomberg] BofA’s Hartnett warns sell the rebound in US stocks and dollar

[Yahoo/Fortune] Americans are ‘doom spending’ as a result of Trump’s trade policy, new report reveals

[Yahoo/Fortune] How Trump’s promise of ‘Drill, baby, drill’ faded to ‘Delay, baby, delay’ for oil companies

[Yahoo/LAT] L.A.'s office market takes a hit amid trade wars, fires and economic uncertainty

[Yahoo/Bloomberg] China Vows to Ready Emergency Plans, Signals Calm Amid Trade War

[Yahoo/Reuters] Core inflation in Japan's capital sharply accelerates in April

[Axios] Trump wants Iran deal but will be "leading the pack" for war without one

[AP] Indian officials say troops exchanged fire with Pakistani soldiers in disputed Kashmir

[Bloomberg] Foreign Investors Dumped $63 Billion in US Equities, Goldman Says

[Bloomberg] America’s Market Exceptionalism Isn’t Coming Back

[Bloomberg] China Ramps Up Cash Injection as It Braces for Tariff Impact

[Bloomberg] China Weighs Exempting Some US Goods From Tariffs as Costs Rise

[Bloomberg] Brazil’s Inflation Picks Up Again Before Interest Rate Meeting

[WSJ] Consumers Continue to Sour on the Economy

[WSJ] American Companies Shred Outlooks Over Tariff Uncertainty

[WSJ] Trump Is Making the Next Fed Chair’s Job Even Harder

[WSJ] China Aims to Step Up Policy Support Amid Trade Uncertainty

[WSJ] Trump’s Policies Boost Left-Leaning World Leaders

[FT] How the Treasury market got hooked on hedge fund leverage

[FT] China grants some tariff exemptions for US imports as trade war bites

Thursday Evening Links

[CNBC] S&P 500, Nasdaq close higher for third-straight day, fueled by tech gains

[Yahoo/Bloomberg] Trump’s Trade Whiplash Sinks World Into Dreaded ‘Uncertainty’

[Bloomberg] Trump Tariffs Will Hit Low-Income Americans Harder Than Richest

[Bloomberg] The Climate Cost of America’s Infinite Tariffs

[WSJ] U.S. Farmers Face Steep Drop in China’s Soybean and Pork Buying

[WSJ] California’s Home Insurance ‘Titanic’

[WSJ] China Menaces Taiwan’s Outlying Islands

Thursday Afternoon Links

[Yahoo/Bloomberg] Stocks Climb as Fed-Cut Hopes Sink Treasury Yields: Markets Wrap 

[Yahoo/Bloomberg] Gold Rebounds as Traders Weigh Trade War, Interest-Rate Path

[Yahoo/Bloomberg] China Says US Should Revoke Unilateral Tariffs, Denies Talks

[Yahoo/Reuters] Fed officials argue for patience while gauging tariff impact

[AP] March home sales slowed in a lethargic opening to the spring buying season

[Yahoo Finance] Resale housing market stalls as mortgage rates drive steepest monthly sales decline since 2022

[Yahoo Finance] Mortgage rates remain around 6.8% as market volatility lingers

[CNBC] 42% of Americans under 30 say they’re ‘barely getting by’ financially, Harvard survey finds

[AP] Trump science cuts roil university labs, targeting bird feeder research, AI literacy work and more

[Axios] What to know about Canada's election and its stakes

[Bloomberg] China Cancels US Pork Shipments After Tariffs Raise Prices

[Bloomberg] Fed’s Waller Says He’d Support Rate Cuts If Tariffs Drive Job Losses

[WSJ] U.S. Needs More Power for AI—but Critical Equipment Is Pricey and Scarce

[WSJ] A Historic Gold Rush Is Under Way, From Wall Street to Main Street

[FT] Consumer giants ring warning bells over Trump’s trade war