Thursday, September 22, 2016

Thursday Evening Links

[Reuters] Exclusive: Regulators Expect Monte Dei Paschi to Ask Italy for Help-Sources

[Reuters] Cash is king as correlations cloud asset allocation

[Bloomberg] Deutsche Bank Woes Sparks Concern Among German Lawmakers

[CNET] Yahoo hit in worst hack ever, 500 million accounts swiped

[FT] US stock funds suffer biggest redemptions since Brexit vote

[FT] China’s economic fate rests on its housing market

[FT] SEC’s pursuit of Leon Cooperman rattles hedge fund industry

Thursday's News Links

[Bloomberg] Stocks Climb With Bonds in Fed-Inspired Rally; Crude Tops $46

[Reuters] Nasdaq hits record high after Fed leaves rates unchanged

[Bloomberg] Emerging Assets Advance for Fourth Day as Fed Spurs Yield Demand

[Bloomberg] Gold Holds Biggest Gain in Two Weeks as Fed Damps Rate Outlook

[Bloomberg] Sales of Existing U.S. Homes Unexpectedly Declined in August

[Bloomberg] Beware the Chinese Property Companies That Look Like Shadow Banks

[Bloomberg] Suitcases of Cash: China Travel Data Hint at Capital Outflow

[Bloomberg] EU Banks May Need Rescue Funds Equaling Twice ECB Capital

[Bloomberg] Banks Said to Plan for Loss of Euro Clearing After Brexit

[Bloomberg] Brazil Ex-Finance Minister Mantega Arrested in Graft Probe

[Bloomberg] Leon Cooperman’s Way: From the Bronx to Goldman to SEC Target

[Bloomberg] Popular Quant Hedge Fund Strategy Is Suddenly Doing Terribly

[WSJ] Japan’s New Special Relationship With the Federal Reserve

[FT] ECB fears legal action will rein in scope for QE

[FT] Mighty Doves see off the Regional Hawks over rates

[WSJ] Wall Street’s Stock-Selling Business: The Worst in 20 Years

[Reuters] Warplanes hit Aleppo in heaviest attack in months, defy U.S.