Wednesday, May 11, 2016

Thursday's News Links

[Bloomberg] Stocks Advance With Crude as Energy Supply Tightens; Krone Jumps

[Reuters] U.S. crude hits six-month high after IEA sees tighter supply

[Bloomberg] Chinese Stocks Drop to Two-Month Low as Industrial Shares Slide

[Bloomberg] Brazil President Dilma Rousseff Suspended After Losing Impeachment Vote

[Bloomberg] Brazil's Economic Rise and Fall in Charts Underlines Temer's Tough Task

[Bloomberg] U.S. Jobless Claims Unexpectedly Rise to More Than One-Year High

[Bloomberg] U.S. Consumer Comfort Drops to Five-Month Low on Economic Views

[NYT] Hedge Funds Look for Hard Hats in a Year of Collapsing Mergers

[WSJ] China Wealth Fund ‘Disappointed’ in Hedge Funds

[Reuters] Brazil's Rousseff undone by hubris, economic missteps

[Reuters] Supporters of Brazil's Rousseff clash with police as her removal looms

[Reuters] Two banks borrow $1 billion from ECB's emergency dollar line

[Reuters] ECB must not keep policy ultra-loose for too long, Weidmann says

[NYT] Canada Fire Deals Staggering Blow to Oil Sands Industry and Economy

[Bloomberg] China’s Financing Is Growing Pretty Circular, Deutsche Bank Says

[Bloomberg] Luxury-Home Sales Fall in London, NYC With Rich Shifting Focus

[Bloomberg] Blackstone Is Pulling the Plug on Online Consumer Loans

[Reuters] U.S. activates Romanian missile defense site, angering Russia

Wednesday Evening Links

[Bloomberg] Japanese Stocks Slump as Toyota Drops on Earnings, Yen Advances

[Bloomberg] Most Asian Stock Futures Drop Amid U.S. Retreat; Yen Holds Gain

[Washington Post] The middle class is shrinking just about everywhere in America

[WSJ] Nightmare on Wall Street: Busted Deals

[Reuters] Australian PM Turnbull named in Panama Papers: AFR

[Reuters] Defying debt fears, China bets on infrastructure, property

[Bloomberg] Hayman's Bass Says Hong Kong Property Market Is in `Free Fall'

[AP] The Latest: Brazil Impeachment Debate Drags Past 10 Hours

[Bloomberg Video] Milton Berg: We're at the Cusp of a 30-Year Bear Market