Thursday, March 5, 2015

Thursday Evening Links

[Bloomberg] Oil Driller Missing First Bond Payment Marks Junk’s Fast Decline

[Bloomberg] China’s Communist Leaders Grapple With Inequality as Growth Ebbs

[Business Insider] 3 of the world's most powerful money managers are saying some scary things about the world

[Bloomberg] The Price of Oil Is Down, So Why Is Production Still Going Up?

[Bloomberg] Bundesbank’s Dombret Says Not Clear That ECB Stimulus Will Work

[Bloomberg] Mexico Growth Outlook Weakens as Business Confidence Erodes

[AP] NATO, Russia exchange barbs reminiscent of Cold War days

[Bloomberg] Chasing Chinese Planes 400 Times a Year Is Wearing Out Japan's Top Guns

Thursday's News Links

[Bloomberg] Brazilian Real Weakens to 3 Per Dollar for First Time Since 2004

[Bloomberg] ECB Ready to Buy Bonds, Signals Inflation Goal in Reach

[Bloomberg] Emerging Stocks Fall on China Growth as Lira Weakens to Record

[Bloomberg] Turkish Lira Falls to Record as Minister Says No Reason to Worry

[Reuters] Greece cannot rely on ECB to dodge funding crunch

[Bloomberg] ECB Keeps Rates Unchanged as Investors Await QE Details

[Bloomberg] Draghi’s New Era Blighted by Old Woes as ECB Finalizes QE

[Bloomberg] Greece Struggles to Make Debt Math Work in Bailout Standoff

[Reuters] Greek unemployment edges up to 26 percent in December

[NYT, Appelbaum] In Eye of Economic Storm, the Fed Blinked

[Bloomberg] Oil Bust Threatens CMBS in Wall Street Funded Shale Towns

[Mark Cuban Blog] Why This Tech Bubble is Worse Than the Tech Bubble of 2000

[Bloomberg] Mark Cuban: We're in a Tech Bubble—and It's Worse Than 2000

[Bloomberg] New York’s Luxury Homes Soared by World-Best 19% in 2014

[Bloomberg] Bond Traders Stymied by Gridlock Turn to Swaps: Credit Markets

[Reuters] Russia starts large-scale military exercises in disputed territories

[Reuters] Yemen's Houthis seize national dialogue HQ, president insists group must leave Sanaa

[Reuters] U.S. Syria strategy falters with collapse of rebel group

[Reuters] China to raise defence budget 10.1 percent this year in high-tech drive

[Bloomberg] BOE’s Crisis Liquidity Auctions Face Unprecedented Fraud Probe