Tuesday's News Links

[Yahoo/Bloomberg] Gold Punches Through $3,500 to Hit Record High on Rate-Cut Bets

[CNBC] Stocks fall to start September amid new tariff uncertainty, jumping bond yields: Live updates: Live updates

[CNBC] Treasury yields jump on prospect of U.S. having to refund tariff money; 30-year yield tops 4.98%

[Yahoo/Bloomberg] UK Markets Slide as Debt Angst Drives 30-Year Yield to 1998 High

[Yahoo/Bloomberg] Oil rises as Russia-Ukraine tensions stoke supply concerns

[Reuters] Morning Bid: Dollar, gold and long yields surge

[Yahoo/Bloomberg] World’s Long-Dated Bonds Face a Traditionally Terrible Month

[Reuters] US Congress returns, with one month to avert government shutdown

[Yahoo/Bloomberg] GOP Faces Headwinds on Push for Second Big Tax and Spending Bill

[Yahoo/Bloomberg] America Inc. Swaps Decades for Days in Rush to Commercial Paper

[CNBC] Trump calls India-U.S. trade relationship ‘a totally one sided disaster’ after Modi visits China

[Yahoo/Bloomberg] China’s Xi Redraws Geopolitical Map With Embrace of Putin, Modi

[Reuters] Xi to flaunt China's vision of new global order at military parade

[AP] North Korea’s Kim Jong Un travels to Beijing to watch military parade alongside Putin and Xi Jinping

[Yahoo/Bloomberg] Euro-Zone Inflation Quickens Beyond 2%, Backing Rate Pause

[Politico] Bayrou’s last stand: Waking France up to the boomer pension timebomb

[Politico] European Socialists mobilize against Trump’s trade deal

[Bloomberg] Over 450 Economists Back Cook, Fed Independence in Open Letter

[Bloomberg] Why Investors Can’t Seem to Get Enough of Gold

[Bloomberg] China’s Margin Trades Surge to Record as Stock Rally Extends

[Bloomberg] Russia’s Oil Cargoes Flood to China as Tariffs Crimp India Flows

[Bloomberg] It’s a Strongman’s World and We’re Just Living in It

[NYT] The Potentially Big Costs of Trump’s Fed Fight

[NYT] After Court Defeat, Trump Warns of Economic Chaos From Loss of Tariffs

[NYT] Why China Is Trying to Tame Its Electric Car Frenzy

[WSJ] Americans Lose Faith That Hard Work Leads to Economic Gains, WSJ-NORC Poll Finds

[WSJ] Trump’s September Is Filled With Tough Deadlines

[WSJ] Xi Revisits WWII to Boost China in Great-Power Rivalry With U.S.

[FT] US sliding towards 1930s-style autocracy, warns Ray Dalio

Monday Evening Links

[CNBC] Stock futures are little changed to start September with new uncertainty about tariffs after court decision: Live updates 

[Yahoo/Bloomberg] Trump Weighs Declaring National Housing Emergency, Bessent Says

[Yahoo/Reuters] Bessent says Trump administration will tackle high housing costs with new measures

[Bloomberg] World’s Most Pressured Bonds Face a Traditionally Terrible Month

[Bloomberg] Japan 10-Year Debt Sale Clouded by BOJ Hike Path, Fiscal Risks

[NYT] India Was the Economic Alternative to China. Trump Ended That.

[WSJ] Trump’s Defining Issue: China

[WSJ] Russian Drone Parts, Made in China

[FT] Xi Jinping outlines China’s ambition to reshape world order in showpiece summit

Monday Afternoon Links

[CNBC] Trump’s immigration policy threatens key sectors of California’s economy, long reliant on immigrant workers

[AP] Trump plans a hefty tax on imported drugs, risking higher prices and shortages

[WSJ] Trump Family Amasses $6 Billion Fortune After Crypto Launch

[WSJ] Russia Intensifies Strikes in Ukraine, Defying Trump’s Shifting Deadlines for Peace

[FT] Gold price surges after Trump’s pressure on Federal Reserve