Tuesday, May 3, 2016

Wednesday's News Links

[Bloomberg] U.S. Stocks Slide on Growth Concerns as Dollar Rises for 2nd Day

[Bloomberg] Stocks Fall With Emerging Markets on Fed Caution; Ruble Slides

[Bloomberg] Asia Stocks Fall Sixth Day on Global Growth Concern After Rally

[Bloomberg] U.S. Rate Murmurs Spark Emerging Currency Losses as Stocks Slide

[SCMP] Yuan weakens after People’s Bank of China cuts fixing by the most in eight months

[Bloomberg] Emerging Markets Face Downgrades as Debt Cliff Nears, S&P Warns

[Bloomberg] Productivity in U.S. Decreases for a Second Straight Quarter

[Reuters] U.S. oil industry bankruptcy wave nears size of telecom bust

[Bloomberg] Petrobras Boomtown Turns Desolate as Refinery's Billions Vanish

[WSJ] China Bondholders Lose Their Beijing-Bailout Confidence

[Bloomberg] Eggs, Steel Top Stocks in China's Commodities Frenzy: Chart

[CNBC] Goldman Sachs advises cutting exposure to Chinese property sector despite tier 1 boom

[Reuters] Bad loans and bankruptcies sound the alarm for Turkey's economy

[Reuters] China to carry out more military drills in South China Sea

[Reuters] Russia warns of retaliation if NATO makes more deployments in Eastern Europe

Tuesday Evening Links

[Bloomberg] The $571 Billion Debt Wall That Points to More Defaults in China

[Bloomberg] China's Improbable Commodities Frenzy Leaves Stocks in the Dust

[Bloomberg] Venezuela Bonds Tumble After Oil Output Falls More Than Expected

[WSJ] China Presses Economists to Brighten Their Outlooks

[CNBC] Million-dollar home market slumps

[FT] Commodities become China’s hottest new casino

[FT] Italian banks extend share price rout

[NYT] China’s Steel Makers Undercut Rivals as Economy Slows

[NYT, Irwin] Workers Are Getting a Bit More of the Economic Pie (and Shareholders Less)