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Monday, July 27, 2015

Tuesday's News Links

[Reuters] U.S. consumer confidence drops in July

[Bloomberg] U.S. Homeownership Rate Falls to the Lowest Level Since the 1960s

[Bloomberg] China Stocks Extend Rout as Traders Lose Faith in State Support

[Reuters] Global stocks rebound, ignoring decline in Chinese markets

[Bloomberg] Junk Bondholders Weigh Emerging-Market Exit From Benchmark Index

[Bloomberg] Analyst Who Predicted Bottom for Shanghai Stocks Sees Further 14% Plunge

[WSJ] Behind China Market’s Latest Collapse: a Government Retreat

[Reuters] China shares sink again as Beijing scrambles to calm markets

[Bloomberg] With Banks Pinched by Rescues, China's Central Bank Aids State Allies

[WSJ] China’s Yuan Pushes Deeper Into Global Financial System

[Bloomberg] Greece Starts Bailout Talks With Dispute on Up-Front Actions

[Bloomberg] Brazil Port Boom-to-Bust Shows Snapshot of an Almost Superpower

[Bloomberg] BofA: Here’s Another Sign the Bull Market Is Running Out of Steam

[Reuters] German "wisemen" say euro zone states should be able to go bankrupt

[NYT] How the Greek Deal Could Destroy the Euro

[UK Guardian] Hedge funds tell Puerto Rico: lay off teachers and close schools to pay us back

[Reuters] Turkey's Erdogan: peace process with Kurdish militants impossible

[Bloomberg] Turkish War on Terror Mutates as Erdogan Goes After Kurdish Foes

[Bloomberg] Ukraine War Risks Reigniting as OSCE Warns of Troop Buildup

[Reuters] China conducts air, sea drills in South China Sea