Thursday Evening Links

[Bloomberg] Iran Nuclear Deal Hits a Stumbling Block: the Supreme Leader

[Bloomberg] Factories Be Warned: U.S. Wholesalers Face an Inventory Glut

[Bloomberg] U.S. States Aren't Prepared for the Next Fiscal Shock

[Bloomberg] U.S. Criticizes South Korea for Intervening to Resist Won’s Rise

[Bloomberg] We Traveled Across China and Returned Terrified for the Economy

[Reuters] China mounts detailed defense of South China Sea reclamation

[Reuters] Iran's Khamenei demands all sanctions end when nuclear deal signed

[Bloomberg, McArdle] Uncle Sam Is Uneducated About Loan Risks

[The Atlantic] 'Iraq Is Finished'

Thursday's News Links

[Reuters] Oil rallies more than 2 percent after slump but sentiment weak

[Reuters] Euro zone sets Greece reform deadline ahead of IMF repayment

[Reuters] Euro zone gives Greece six-day deadline to revise reforms: paper

[Bloomberg] ECB Cash Said Likely to Fall Short of Greek Request This Week

[Reuters] ECB balance sheet rises by 83 billion euros on quarterly revaluation

[Bloomberg/Japan Times] Japanese Banks outmuscle Chinese on overseas expansion, IMF says

[Reuters] Yemen's Houthis seize provincial capital despite Saudi-led raids

[AFP] US warns Iran on support for Yemen rebels

[BBC] Iran nuclear: 'No guarantee' of final deal, Khamenei says

[Bloomberg] How the Drought Is Changing California Forever

[Bloomberg] Fed Rate Hike Shaping Up as More of a Big Dud Than a Big Short

[Bloomberg] Central Banks at Zero Failing to Turbocharge Effect of Cheap Oil

[WSJ] Post-Crisis Risk Casts a Darkening Shadow

[Bloomberg] Hong Kong Housewife Cheers Stocks as Workers Trade at Lunch

[Bloomberg] China Tycoons Near $50 Billion in Gains From Stock Frenzy

[Bloomberg] Moody’s Cuts Ratings for India’s Biggest Private Banks

[Der Spiegel] One Port, Two Worlds: China Seeks Dominance in Athens Harbor

[Reuters] China mounts detailed defense of South China Sea reclamation

[Reuters] China urges caution from U.S. on dispute with Japan

[Bloomberg] Brooklyn Home Prices Jump 18% to Record as Buyers Compete

Wednesday Evening Links

[Bloomberg] Dimon Says Once-in-3-Billion-Year Treasury Move Warning Shot

[Bloomberg] The Oil Industry's $26 Billion Life Raft

[Bloomberg] How China Wants to Overhaul its $16 Trillion Corporate Monster

[Reuters] Oil dives 6 percent from 2015 high as stocks swell, Saudis pump

[Reuters] Excerpt on policy from March 18-19 FOMC minutes

[NYT] Fed Policy Makers Seem Cool to Rate Increase in June

[Reuters] Fed mulls selling bonds to potentially trim repo use: minutes

[Bloomberg] Dudley Says Fed Should Err on Side of Raising Rates Late

[Bloomberg] Tsipras Finds Ally in Putin on Greece’s Energy Ambitions

[Reuters] Greek PM gets support, not money from Putin

[ekathimerini] Tsipras calls for end to ‘vicious cycle’ of sanctions

Wednesday's News Links

[Reuters] U.S. crude oil stocks surge 11 mln bbls, biggest rise since 2001

[Reuters] Oil falls on U.S. stock build, record Saudi output

[Bloomberg] Fed Officials Were Divided Over June Liftoff, FOMC Minutes Show

[Bloomberg] Dollar Declines as Investors Await Rate Clues From Fed’s Minutes

[Reuters] Wall Street sanguine as it heads into worst earnings season in six years

[WSJ] Europe’s Plunging Borrowing Costs Mark Two New Milestones

[Bloomberg] Tsipras’s Visit to Putin Follows Road Paved in Soviet Times

[Bloomberg] Forget Interest Rates, the Fed Has Another Big Decision to Make in the Next Year

[Bloomberg] Manhattan Condo Shortage Means Outsized Gains for Sellers

[NYT, Morgenson] Charles Grassley Questions Diversion of Fannie and Freddie Earnings

[Bloomberg] Chinese Developers Trim Sales Forecasts Amid Housing Doldrums

[Bloomberg] Kuroda Sees Less Risk to Economy as BOJ Keeps Record Stimulus 

[Bloomberg] Used-Car Values Boosting Bond Bets Stoke Concern of Overheating

[Bloomberg] Desperate from Drought, California Turns to Desalination

[AP] Report: Iran sends navy vessels near Yemen amid airstrikes

[Reuters] U.S. defense chief warns against militarization of territorial rows in Asia

Tuesday Evening Links

[Bloomberg] U.S. Dot-Com Bubble Was Nothing Compared to Today’s China Prices

[NYT] As Greece Battles a Debt Crisis, Its Banks Issue More Short-Term Debt

[UK Guardian] Red Cross warns of ‘catastrophic’ situation as Yemeni war engulfs Aden

[Bloomberg] U.S. Failure to Stop China Bank Unmasks Fight Over World Finance

[Bloomberg] The Great American Invasion Into Europe’s Debt Market Has Begun

[Reuters] U.S. expedites arms shipments to coalition bombing Yemen

Tuesday's News Links

[Reuters] U.S. job openings at 14-year high in February

[Bloomberg] The U.S. Job Market Is Losing Its Dynamism

[Bloomberg] Leveraged-Loan Sales Slump to Worst Since 2010 on Fed Scrutiny

[Bloomberg] Cheap Oil Is Squeezing Property Owners in Energy Hubs

[Bloomberg] Cloud Live Spooks Chinese Junk Bonds Amid Second Onshore Default

[Bloomberg] Lira Descent Risks Turkish Growth as $89 Billion Debt Bill Looms

[Bloomberg] Modi Promise Succumbs to Earnings Reality as Stocks Slide

[Bloomberg] ECB Meets Purchase Target in First Month of Quantitative Easing

[Bloomberg] Gold Bust Means Less Mine Spending

[NYT] In Republican Attacks on the Fed, Experts See a Shift

[WSJ] U.S. Defense Chief Heads East, Talking Tough on China

[LA Times] How a plan to ration water in Southern California will work

[Reuters] France to challenge 2016-17 EU structural budget targets

[Reuters] Greek parliament backs setting up committee to investigate bailout

[NYT] Waving Cash, Putin Sows E.U. Divisions in an Effort to Break Sanctions

[OC Register] Life after Pimco: Mohamed El-Erian on economics, politics and his hope for a 'Sputnik moment'

Monday Evening Links

[Bloomberg] Asia Stocks Follow U.S. Rally as Tech, Consumer Companies Gain

[NYT] Beneath California Crops, Groundwater Crisis Grows

[CNBC] Drought of '15: Desalination won’t save California

[Reuters] Greece puts a figure on World War Two reparation claims from Germany

[AP] Fierce Fighting as Rebels Move on Holdouts in Yemen's Aden

[AFP] Russia 'dismayed' at Saudi-led strikes in Yemen

Monday's News Links

[Reuters] Oil leaps 5 percent on tempered Iran view, slower U.S. inventory rise

[Bloomberg] Oil Slump Pushes S&P Toward First Profit Decline Since 2009

[Bloomberg] Emerging Stocks Rise to Four-Month High After U.S. Jobs Data

[Bloomberg] Greeks Pursue Talks on All Fronts as Tsipras Heads to Russia

[Reuters] Greece moves to quell default fears, pledges to meet 'all obligations'

[NYT] Greece and I.M.F. Hold Talks on Crucial Debt Payment

[UK Guardian] Greek political unrest and deepening debt crisis fuel talk of snap election

[Bloomberg] Petrobras’s China Cash Stems Bond Tumble But Comes With a Stigma

[WSJ] Broken Bond Market Complicates Fed’s Plan to Raise Rates

[WSJ] Pressure in Repo Market Spreads

[Bloomberg] In Greenspan Conundrum Redux, Odds Are on Bond Traders’ Side

[Bloomberg] Dudley Says Fed Tightening Pace Will Probably Be Shallow

[Bloomberg] Larry Summers: The Past Month May Go Down as a Turning Point for U.S. Economic Power

[Bloomberg] China Gets 2nd Onshore Default as Cloud Live Date Missed

[AP] Strikes Proliferate in China as Working Class Awakens

[Reuters] Call made in China for national housing bank to prop up property

[CNN] Death toll rises quickly as conflict rages in Yemen

[Bloomberg] Russian Inflation at Fastest in 13 Years After Ruble Crisis

[Bloomberg] Overflowing Corn Bins Spur Most Bearish Outlook Ever on Grains

[Bloomberg] Once Over $12 Trillion, the World’s Reserves Are Now Shrinking

[Bloomberg] The Golden Boy of Brazilian Finance Faces His Biggest Threat Yet

Sunday's News Links

[AP] Iran stocks soar after nuclear framework deal

[Reuters] Saudi Arabia falls on oil price worries after Iran nuclear deal

[Reuters] Greek finance minister to discuss reforms with IMF chief

[Reuters] Yemen's Houthis ready for talks if air strikes stop: senior member

[Reuters] Four Ukrainian soldiers killed by shell fired by separatists: police

[USAT] Calif. drought challenges state's businesses

[NYT] California Drought Tests History of Endless Growth

[Reuters] Japan's wary manufacturers resist Abe's urge to splurge

Saturday's News Links

[CNN] Al Qaeda, Houthis, Saudi Arabia battle in chaotic Yemen as dozens die

[Der Spiegel] Proxy War in Yemen: Saudi Arabia and Iran Vie for Regional Supremacy

[Bloomberg El-Erian] Eight Takeaways From the March Jobs Report

[NYT] As Quakes Rattle Oklahoma, Fingers Point to Oil and Gas Industry

[Reuters] Chinese Premier pledges support for firms to 'charge out into the world'

CBB Spring Break: Back Next Week

Friday's News Links

[Bloomberg] Payrolls in U.S. Rose 126,000 in March, Least Since End of 2013

[Bloomberg] Treasuries Surge as Weak Jobs Reports Pushes Back Fed 

[Bloomberg] These Charts Will Help You Better Understand Today's Jobs Report

[Reuters] Greece says ready to make IMF payment on April 9

[ekathimerini] Tsipras to seek ‘road map’ during Russia visit

[FT] Chinese bond defaults test Beijing appetite for market discipline

[Bloomberg] Turkish March Inflation Accelerates Most in Month Since 2003

[Reuters] Saudis airdrop arms to Aden defenders, Houthis pull back

Thursday Evening Links

[Reuters] Oil falls nearly 4 percent after tentative nuclear deal for Iran

[Reuters] Exclusive: Greece tells creditors it will run out of cash on April 9

[Bloomberg] Americans Watched Their Incomes Shrink, Except For the Highest-Earners

[Bloomberg] Traders Are Now Expecting the Fed to Raise Rates Later Than Ever Before

Thursday's News Links

[Reuters] Oil falls more than 3 percent as Iran, big powers negotiate

[Bloomberg] Iran Says No Breakthrough After All-Night Nuclear Talks

[Bloomberg] Samaras Says He’d Join Alliance to Keep Greece in Euro

[Reuters] Unidentified troops land in Aden after Houthis seize center

[Bloomberg] ECB Makes QE Bonds Available for Lending to Ease Liquidity Woes

[Bloomberg] ECB Account Shows Officials Prepared to Alter Stimulus If Needed

[Bloomberg] What to Watch Out for in Today's ECB Monetary-Policy Accounts

[Bloomberg] Takeover Boom Seen Fueled by Strong Dollar, Hunt for Growth

[WSJ] Brazil’s Petrobras Obtains $3.5 Billion in Financing From China Development Bank

[FT] Emerging markets: The great unravelling

[Bloomberg] Good Friday Risk Looms for Treasuries on U.S. Employment Report

[Bloomberg] Shanghai Traders Make Trillion-Yuan Stock Bet Backed by Debt

[Der Spiegel] Geopolitical Tremors: America, Nuclear Talks and the New Middle East

[Reuters] ECB's Lautenschlaeger casts doubts on QE's effectiveness - Wirtschafts Woche

[Bloomberg] Turkey’s 10-Hour Blackout Shows Threat to World Power Grids

Wednesday Evening Links

[LA Times] Brown orders California's first mandatory water restrictions: 'It's a different world'

[Bloomberg] Brown Orders Mandatory Water Curbs for California Drought

[Bloomberg] These Charts Show the Horrific Conditions That Forced California Into Water Rationing

[Bloomberg] Factories in U.S. Slogging Through Storm of Challenges

[Bloomberg] ECB Said to Raise ELA Limit for Greek Banks by 700 Million Euros

[Reuters] Yemen Houthi fighters backed by tanks reach central Aden

Wednesday's News Links

[Bloomberg] Pound Weakens as Political Risk Overshadows Manufacturing Growth

[Bloomberg] Iron Ore Sinks Below $50 as Worldwide Glut Swells, China Slows

[Reuters] Despite progress, Iran nuclear talks hit impasse on details

[Reuters] Weak demand hits China factory, services firms in March, more easing seen

[NYT] Aid for Yemen Dwindles as Need Rises Amid Chaos

[Bloomberg] How Brazil's President Plans to Get the Country and Herself Out of This Mess

[WSJ] Cost of Borrowing Cash Overnight in Exchange for U.S. Treasurys Spikes

[Bloomberg] Reckoning Arrives for Cash-Strapped Oil Firms Amid Bank Squeeze

[USAT] Cheap oil prices chop jobs by thousands

[Bloomberg] Record Borrowing for Stocks Shows Canada Debt Binge Grows

[Bloomberg] Renegades of Junk: The Rise and Fall of the Drexel Empire

[Bloomberg] China Investors Face Wake-Up Call in Sound Global Slide

Tuesday's News Links

[Bloomberg] Euro Drops on Greece as Oil Falls; Stocks Pare Gains

[Reuters] Oil extends losses as deadline for Iran nuclear deal looms

[Bloomberg] Iran Nuclear Talks Enter Final Day With Agreement Still Elusive

[Bloomberg] No End in Sight for Bond Rally as ECB Spigot Spills Across Globe

[Bloomberg] U.S. Admiral Warns China Reclamation Causing a ‘Lot of Concern’

[Bloomberg] China to Insure Deposits in Move Toward Scrapping Rate Controls

[Bloomberg] China’s Kaisa Delays Results Release Amid Debt Talks

[Reuters] German unemployment rate hits record low in March

[Bloomberg] Bond Traders Fear Oct. 15-Style Volatility Could Repeat

Monday Evening Links

[Bloomberg] Tsipras Seeks Greek Opposition Backing in Stalled Talks

[NYT] Greece Looks to Russia as Deal With Europe Stumbles

[AP] Iran Nuclear Talks Near Deadline; Differences Remain

[NYT, Irwin] Now That Ben Bernanke Is Blogging, Here’s What He Should Write About

[Bloomberg] Data-Driven Danger in Fed’s Shifting Natural Jobless Rate

[NYT] China Appears to Attack GitHub by Diverting Web Traffic

Monday's News Links

[Bloomberg] U.S. Equities Extend Quarterly Advance Amid Corporate Mergers

[Bloomberg] Emerging Stocks Climb on China Stimulus Bets; Ruble Weakens

[Reuters] Oil prices drop on possible Iran deal, dollar

[Reuters] Germany says Greece must flesh out reforms to unlock aid

[Reuters] Greek reform list yet to take shape as talks with lenders continue

[Reuters] Heavy fighting in Aden as Yemen's Houthis make gains

[Washington Post] Saudi-led airstrikes shake Sanaa for fifth day as rebels push toward Aden

[Reuters] Warplanes hit Yemen's Sanaa overnight, after dawn: residents

[Reuters] Setbacks and progress as Iran, six powers meet to end nuclear impasse

[Reuters/NYT] Greece Says Not Backing Down on Debt Relief Goal

[Bloomberg] Dollar Rally Derailing S&P 500 Record Run as Correlation Breaks

[FT] Corporate debt rally puts equities in shade

[Bloomberg] Russia and Leverage Are Powerful Mix Luring Hedge Funds to ETFs

[Bloomberg] Canadian Junk Market Freezes as Poloz Compounds Oil Collapse

[Bloomberg] Nigeria Credit-Rating Outlook Cut to Negative at Fitch

[Bloomberg] Too Much of Everything Spurs Commodity Exodus as Price Wars Rage

[Bloomberg] Kaisa Anti-Graft Losses Cut China Developer Bond Sales

[Bloomberg] China Lowers Down Payment Requirement for Some Second Homes

[Bloomberg] Cinda Sees Opportunities as Distressed Assets Expand 80% in 2014

[Bernanke Blog] Why are interest rates so low?

Sunday Evening Links

[Bloomberg] ECB Nerves Fray on Greece as Supervisors Rile Central Bankers

[Bloomberg] Greek Markets Show All at Risk Should Mistake Trigger a Default

[Bloomberg] Greece’s Tsipras to Address Lawmakers on Talks With Creditors

[Reuters] Greek reform list yet to take shape as talks with lenders continue

[FT] Greece struggles to accommodate lenders as cash dwindles

[CNBC] This controversial theory has got Janet Yellen worried