Tuesday's News Links

[Bloomberg] U.S. Stocks, Dollar Slump as Reflation Trade Fades: Markets Wrap

[Reuters] U.S. current account shrinks in fourth quarter

[Bloomberg] Emerging Markets Are on a Tear

[Bloomberg] RBA Warns Over Aussie Housing Risks as Global Reflation Emerges

[Reuters] Tillerson no-show at NATO renews European disquiet about Trump

[Reuters] Exclusive: Trump administration weighing broad sanctions on North Korea - U.S. official

[Bloomberg] Macron on Top After First Presidential Debate of French Race

[Reuters] Italy's 5-Star builds strong lead over Renzi's PD in polls

[WSJ] High-Frequency Traders Fall on Hard Times

[WSJ] Used-Car Prices Put Auto Finance in a Pickle

[FT] China steps up battle against property bubble

[FT] Rise in new form of ‘portfolio insurance’ sparks fears

[FT] Placid markets mask investor fear that equity turmoil looms

[WSJ] With the World’s Most Billionaires, China Has Its Own Populism Problem

[WSJ] Beijing Revs Up State Inc.

Monday Evening Links

[Bloomberg] U.S. Stocks Retreat, Bonds Rise as Dollar Slips: Markets Wrap

[Bloomberg] Interest Rates After Inflation May Be a Real Bubble

[Bloomberg] Kashkari Emerges as Opposing Voice as Fed Shows Optimism

[Bloomberg] The Four Biggest U.S. Banks Top $1 Trillion

[Bloomberg] Why Not Everyone Thinks Smart Beta's a Smart Idea: QuickTake Q&A

[WSJ] The Fed Is Stuck in the Past With Its Forecasts of the Future

[NYT] China’s Taxes on Imported Cars Feed Trade Tensions With U.S.