Wednesday, August 24, 2016

Thursday's News Links

[Bloomberg] Stocks Decline With Bonds as Traders Brace for Yellen’s Speech

[Bloomberg] European Stocks Retreat as Dollar Rally Fades Before Yellen

[Bloomberg] China Stocks Fall to Two-Week Low, Led by Developers, Small Caps

[Bloomberg] Asia Stocks Fall as Commodity Shares Slump Before Yellen Speech

[Reuters] Central bankers eye public spending to plug $1 trillion investment gap

[Bloomberg] Money Market Dysfunction Helps Fuel U.S. Corporate Bond Bonanza

[Bloomberg] Why China's Shadow Finance Echoes Pre-Crisis U.S.

[Reuters] China central bank urges banks to spread out tenors of loans: sources

[Bloomberg] PBOC Money-Market Tactic Has Traders Trying to Decode Signal

[Bloomberg] China’s Answer to LendingClub Sinks on Industry Crackdown: Chart

[WSJ] China’s Central Bank Moves to Clamp Down on Speculation

[Bloomberg] Top Currency Strategy of 2016 Turns Perilous on Political Risks

[WSJ, Warsh] The Federal Reserve Needs New Thinking

Wednesday Evening Links

[Bloomberg] Stocks Decline on Emerging-Market Risk as U.S. Drugmakers Tumble

[Bloomberg] Hedge Funds See Biggest Redemptions Since ’09 as Returns Lag

[Bloomberg] These Nine Charts Show Just How Quiet the Market Is Right Now

[AP] A Look at Some Companies Struggling With Rising Debt

[Bloomberg] Productivity in the U.S. Looks Bad, But It's Golden Compared With Global Peers

[FT] The canary in the coal mine for China’s currency

Wednesday's News Links

[Bloomberg] Asian Stocks Rise on U.S. Rate Bets as Japanese Shares Advance

[Bloomberg] Developing-Nation Assets Drop on Political Risks as Oil Declines

[Bloomberg] U.S. Existing-Home Sales Drop for First Time Since February

[Bloomberg] U.S. Home Prices Gained 5.6% in Second Quarter From Prior Year

[Bloomberg] Quant Hot Hand Goes Cold in U.S. Stocks as Low-Vol Trade Recedes

[Bloomberg] Derivatives Users Hit as Negative Rates Raise Collateral Costs

[Reuters] China central bank cash injection signals leverage, asset bubble concerns

[Bloomberg] China Imposes Caps on P2P Loans to Curb Shadow-Banking Risks

[Reuters] ECB faces bulked-up govt bond buying if QE extended beyond March

[Bloomberg] Africa’s Next Big Currency Devaluation Seen Unfolding in Egypt

[WSJ] Largest Oil Companies’ Debts Hit Record High

[FT] Political tensions hit South Africa’s rand and Turkey’s lira