CBB Back Next Week

Friday Evening Links

[WSJ] Eurozone Raises Specter of Default as Pressure Mounts in Greek Bailout Talks

[FT] Emerging markets suffer biggest weekly outflow in 7 years

[AP] California orders large water cuts for farmers

[Bloomberg] White House Confirms Second Possible Breach of Personnel Records

[Bloomberg] Junk-Bond Defaults Growing as Pressure From Commodities Persists

[Bloomberg] Investment-Grade Bonds and Junk Bonds Are Looking More and More Alike

[Bloomberg] You Can’t Keep the Panic Out of Stocks Forever, VIX Traders Say

Friday's News Links

[AP] Greek shares stumble after IMF pulls out of bailout talks

[Bloomberg] U.S. Index Futures Retreat as Officials Ready for Greece Default

[Reuters] Shares, euro numbed by Greek drama

[Bloomberg] Spanish Bonds Slump With Italy’s as Greece Retakes Center Stage

[Bloomberg] EU Prepares for Worst as Tsipras Drives Greek Finances to Brink

[Reuters] Fearful ECB starts countdown on Greek funding lifeline

[Bloomberg] Germany No Longer Ruling Out Greek Default, Bild Reports

[Bloomberg] Greece Told to Stop Fighting Creditors' Demands as Deadline Nears

[Reuters] U.S. household net worth increases to $84.9 trillion

[Bloomberg] Modi Aide Questions Rajan’s Focus on CPI to Set India Rates

[Bloomberg] 175 Quadrillion Zimbabwean Dollars Are Now Worth $5

[Reuters] Pentagon again asks China to end island building, seeks more military contact

[AP] Japan OKs 40-year Fukushima cleanup plan despite unknowns