Friday's News Links

[Bloomberg] China Factory Gauge Signals a Fifth Month of Contraction

[Reuters] Oil ends 2015 down 35 percent; long, painful hangover seen

[NYT] Market Volatility Causes IPO Market to Stall Out in 2015

[USA Today] Merger frenzy hit new high in 2015

[WSJ] Rough Year Adds More Stress to Hedge Funds

Thursday Evening Links

[Bloomberg] Final-Day Selloff Sends S&P 500 to First Yearly Drop Since 2011

Thursday's News Links

[Reuters] Oil ends 2015 in downbeat mood; hangover to be long, painful

[Reuters] China cracks whip on foreign banks with forex shut-out

[Bloomberg] China Fires a Warning Shot at Yuan Speculators With Bank Bans

[Bloomberg] Battered Yuan Posts Worst Year Since 1994 as HSBC Preaches Calm

[Bloomberg] More Pain Seen for Emerging Stocks, Currencies as China Slows

[Bloomberg] European Stocks Pare Annual Gains With Worst December Since 2002

[Bloomberg] Here Are the Best- and Worst-Performing Assets of 2015

[WSJ] The Year the Hedge-Fund Model Stalled on Main Street

[Reuters] Iraqi PM says Turkey not respecting agreement to withdraw troops

Wednesday's News Links

[Bloomberg] Puerto Rico to Default on $37 Million Bond Payments Due Jan. 1

[Bloomberg] Brazil Real Plunges as Minimum-Wage Hike Worsens Fiscal Outlook

[Bloomberg] Stocks Drop With Commodity Currencies as Offshore Yuan Weakens

[Reuters] Oil rebound fizzles, sending global shares lower

[Bloomberg] Oil Investors Suffer Record Second Year of Misery

[Bloomberg] Offshore Yuan Declines to Five-Year Low as China Loosens Grip

[Bloomberg] Ruble Caps Third Annual Slump as Oil Seen Stoking Losses in 2016

[Bloomberg] China Market Meddling Widens Rift in Onshore-Offshore Prices

[Reuters] China central bank temporarily suspends some FX business of several foreign banks: sources

[Reuters] China eyes fiscal splurge to cushion reforms, slowing growth

[Bloomberg] Emerging-Market Sentiment Turns More Bearish on Oil, Fed's Path

[Reuters] Puerto Rico faces key test as January 1 deadline on debt payments looms

[Bloomberg] World's Worst Carry Trade Found in Brazil as 2016 Outlook Dims

[Bloomberg] Noble Group Shares Tumble After Moody's Cuts Rating to Junk

[NYT] Puerto Rico Debt Crisis Closes In on Jan. 1 Deadline

[Bloomberg] Landlords Face Slowing Price Gains After U.S. Records Shattered

[Bloomberg] These Charts Show the Astounding Rise in Passive Management

[CNBC/FT] Warren Buffett faces worst year on stock market since 2009

[CNBC] Massive Methane Leak Displaces Thousands in Southern California

[Reuters] Iraqi FM says could use military option against Turkey if forced

Tuesday's News Links

[Bloomberg] Marc Faber Takes on Yellen With Recession Call, Likes Treasuries

[NYT] Hedge Funds Struggle With Steep Losses and High Expectations

[Bloomberg] Oil-Producing States Battered as Tax-Gushing Wells Are Shut Down

[MarketWatch] Double-digit home price gains continue in some cities, S&P/Case-Shiller says

[Bloomberg] Putin's Bailout Bank Needs a Rescue; It's an $18 Billion Whopper

[Washington Post] China’s Xi tells grumbling party cadres: ‘Don’t talk back’

Monday Evening Links

[Bloomberg] Most Asian Equities Slide as Energy, Materials Companies Retreat

[Reuters] Equities pulled lower by oil, China concerns

[Bloomberg Video] Marc Faber: U.S. Stock Market Will Go Down in 2016

[MarketWatch, Roach] Opinion: Fed gradualism sets us up for another financial crisis

[WSJ] Fed Poised to Look a Bit More Divided

[FT] Oil companies brace for a grim 2016 amid sustained price crash

[Bloomberg] China Bond Defaults Seen Rising as Borrowing Costs Climb in 2016

[Houston Chronicle] Oil slump weighing on housing markets in Texas, North Dakota

[CNBC] Feeling a little warm this year? 2015 will set a record

Monday's News Links

[Bloomberg] U.S. Companies Led the World in Debt Defaults in 2015, S&P Says

[Bloomberg] Oil down 3 percent, Brent near 11-year low on fears of weaker 2016

[Bloomberg] Stocks Decline in Wake of China Selloff as Crude, Ruble Retreat

[Bloomberg] Brazilian Stocks Decline as Commodities Fall on China and Iran

[Bloomberg] Treasuries Draw Weakest Demand Since '09 as Central Banks Unload

[Bloomberg] Commodity Funds Hemorrhage Cash as Investors Bail at Record Pace

[WSJ] China Shares Log Biggest Fall in a Month

[Bloomberg] The Year Nothing Worked: Stocks, Bonds, Cash Go Nowhere

[Bloomberg] China Fault Lines: Where Economic Turbulence Could Start in 2016

[Bloomberg] China Clamps Down on Online Lenders, Vowing to `Cleanse' Market

[Bloomberg] Which Puerto Rico Bond Defaults Next? 42% Yields Provide a Clue

[WSJ] ‘Safe’ Puerto Rican Debt Stirs Worries

[Bloomberg] Wall Street Predicts Corporate America's Bond Binge Will Go on

[Bloomberg] A Breakdown of the 2016 Saudi Budget and Its Implications

Sunday Evening Links

[Bloomberg] Asian Stocks Trading Near Three-Week High as Industrials Gain

[Bloomberg] Oil Halts Gains Near 3-Week High as Iran Says Exports `Priority'

[Bloomberg] Shale's Running Out of Survival Tricks as OPEC Ramps Up Pressure

[CNBC] Asia M&A hits record, deals top $1 trillion in 2015

[Reuters] Japan output, retail sales slump, dampen recovery prospects

[Bloomberg] Japan's Industrial Output Drops For the First Time in Three Months

[WSJ] Central Banks’ Shock Therapy Has Investors on Edge

[FT] Oil drop threatens to push energy groups into liquidation

Sunday's News Links

[Reuters] China Industrial Profits Fall for Sixth Straight Month

[FT] Eurozone economists sceptical of more ECB asset purchases in 2016

[David Collum] 2015 Year In Review

Saturday's News Links

[NYT] China State Firms' Profits Down 9.5 Percent Year-On-Year in January-November

[Bloomberg] Japan Coast Guard Says Three Chinese Ships Near Senkaku Islands

[NYT] Hoping for a Price Surge, Oil Companies Keep Wells in Reserve

[Bloomberg] $1.7 Trillion of Sub-Zero Euro Debt Shows ECB Outlook for 2016

[Reuters] Japan says armed Chinese vessel enters Japan waters

Thursday Evening Linsk

[Bloomberg] Oil Bankruptcies Reach Highest Quarterly Level Since Recession

Thursday's News Links

[Bloomberg] Dollar Heads for Longest Losing Streak Since April as Oil Climbs

[Barron's] High-Yield Bond Funds, High Stress

[Bloomberg] China Steps Up Scrutiny as Insurers' Buying Spree Sweeps Vanke

[Bloomberg] Oil Rout Rocks Colombia's Worst Bonds in Toughest Year Since '07

[CNBC] Cashin: Concerned about economy; oil to retest lows

[Reuters] International stock funds' outflows most in over four years after Fed hike: ICI

[Bloomberg] Japan Approves Record Defense Budget as China's Presence Grows

Wednesday Evening Links

[Bloomberg] Investors Pull Out of Mutual Funds at the Fastest Rate in Two Years

[Bloomberg] Top U.S. Banks Miss Golden Era of Profits Before Crisis: Chart

[WSJ] How the Third Avenue Fund Melted Down

Wednesday's News Links

[Reuters] Global stocks extend rally, oil edges off 11-year low

[Bloomberg] Three More Chinese Companies Face Difficulty in Bond Repayments

[Reuters] Puerto Rico 'very unlikely' to avoid Jan.1 default - governor

[Bloomberg] Illinois Record Budget Impasse Makes It Worse for the State's Pension Disaster

[Bloomberg] Vietnam's Currency Drops to Limit of Trading Band for First Time

[Bloomberg] The Distressed-Debt Trades That Obliterated Bonus Checks in 2015

[WSJ] Online Lenders Pinched by Market Jitters

[Bloomberg] Man Who Called China's Boom and Bust Now Warns of Crisis Risks

[WSJ] The Trouble With Sovereign-Wealth Funds

[CNBC] Texas hunkers down for another oil bust

[Bloomberg] This Time It's Not Putin: Ukraine Flirts With Political Suicide

Tuesday Evening Links

[Bloomberg] Global Dealmaking Hits All-Time Peak in 2015 at $4.2 Trillion

[Bloomberg] S&P Quits Grading Most CDOs That Investor Said It Underrated

[Bloomberg] Carlyle's Claren Road Suffers Almost $1 Billion in Redemptions

[NYT] How a Record Number of Migrants Made Their Way to Europe

Tuesday's News Links

[Bloomberg] U.S. Economy Grew 2% in Third Quarter, Led by Consumer Spending

[Bloomberg] Sales of Existing U.S. Homes Slump on Delayed Contract Closings

[Bloomberg] Lira Sinks as Turkey Decision to Hold Rates Puzzles Bulls

[Bloomberg] PBOC Injects More Cash as Top Leaders Flag Additional Stimulus

[WSJ] Azerbaijani Manat Buckles After Government Drops Dollar Peg

[Bloomberg] Oil's Road Toward Rebalancing Could Take a Detour in 2016: Morgan Stanley

[FT] Music shifts for credit investors in 2015

[FT, Das] Financialisation compounds commodity rout

[Reuters] After fueling $1 trillion Asia deal spree, China's M&A set to hit new heights in 2016

[Reuters] QE 'shock and awe' turning to 'aw, shucks': James Saft

[MarketWatch] Here’s all the money in the world, in one chart

[Reuters] Catalan separatists trigger fresh headache for Spain's government

[UK Guardian] Over a million migrants and refugees have reached Europe this year, says IOM

Monday Evening Links

[Bloomberg] Asian Stocks Little Changed After China Signals More Stimulus

[Bloomberg] China Leaders Flag More Stimulus After Top Economic Meeting

[CNBC] How America's rich are viewing stocks, economy into 2016

[Bloomberg] Spain's Election Is Bad News for Europe's Budget-Deficit Police

Monday's News Links

[Reuters] Oil prices hit lowest since 2004 as supply balloons

[Bloomberg] Spanish Yield Rises to 5-Week High on Instability After Election

[Bloomberg] Brazil Real Volatility Increases as Political Turmoil Worsens

[Bloomberg] Spain's Socialists Will Block Rajoy's First Bid for New Term

[FT] Spain heads for turmoil after poll yields fragmented parliament

[Bloomberg] Azerbaijan Caps Year of Devaluations Evoking Memories of 1997

[WSJ] Year in Review: Mergers Set a Record as Firms Bulk Up

[AP] The Latest: Greek PM says austerity defeated in Spain

[Bloomberg] China Tells U.S. to Stop Flexing Military Muscle in Asia

[Reuters] Philippines vows stronger military to back South China Sea claim

Sunday Evening Links

[Bloomberg] Asian Stocks Retreat as Yen Weighs on Japan, Toshiba Tumbles

[Bloomberg] Brent Trades Near 7-Year Low as U.S. Drillers Boost Rig Count

[Bloomberg] Spanish Bonds May Open Lower as Exit Poll Shows No Clear Winner

[Bloomberg] Brazil's New Finance Minister Faces a Big Test After Friday's Rout

[FT] Renminbi poised for record weakening run

Sunday's News Links

[Bloomberg] Spanish Exit Polls Shows No Clear Winner as Rajoy's Vote Slumps

[NYT] Spain Ruling Party Hurt by Upstart Parties' Strong Showing

[Bloomberg] Mideast Stocks Decline After Oil Sinks to Seven-Year Low

[Bloomberg] Saudi Crude Exports Rose in October to Most in Four Months

[Bloomberg] Rousseff's Impeachment Supported by 60%, Datafolha Poll Shows

[Bloomberg] Spaniards to Give Election Verdict on Bailout, Crisis, Graft

[Reuters] Putin says will not 'abandon' Russians in Ukraine to nationalists