Tuesday, May 9, 2017

Wednesday's News Links

[Bloomberg] U.S. Stocks Unperturbed by Comey, Dollar Slips: Markets Wrap

[Bloomberg] Comey Ouster Threatens to Backfire on Troubled White House

[Bloomberg] China Bond Yield Jumps by Most in Three Months as Rout Deepens

[Bloomberg] China’s Factory Prices Ease as Commodity Market Surge Abates

[Bloomberg] Draghi Says Too Early to Declare ECB Success as Growth Firms

[Reuters] BOJ's Kuroda: Not thinking now about how to change BOJ's policy mix

[Reuters] As China's banks swap corporates for retail borrowers, risks rise

[CNBC] Mortgage applications rise 2% as more buyers hit the spring market

[Reuters] It's not just the VIX - low volatility is everywhere

[Bloomberg] Auto Loan Fraud Is Soaring in a Parallel to the Housing Bubble

[Reuters] China opening up its bond markets, but currency seen as major barrier

[FT] ETF industry vaults past $4 trillion in assets mark

[FT] Appetite returns for riskier US corporate debt

[FT] Investors line up for spate of junk bond sales

[WSJ] The Surprising Losers From the VIX’s Decline

[WSJ] Rich, Young Chinese Are Buying Overseas Properties on Their Smartphones

[Reuters] U.S. decision to arm Syrian Kurds threatens Turkey: foreign minister

Tuesday Evening Links

[Politico] Trump fires Comey

[CNBC] Senate Democratic leader Schumer calls for special prosecutor in Trump-Russia probe

[Bloomberg] U.S. Stocks Mixed as Oil Slumps, Dollar Advances: Markets Wrap

[Reuters] Fed's George says balance sheet should be trimmed this year

[Bloomberg] Fed Won’t Sink MBS Market as Balance Sheet Slims, Rosengren Says

[Bloomberg] Shale Drillers Are Outspending the World With $84 Billion Spree

[Bloomberg] U.S. Oil Output to Hit a Record in 2018

[CNBC] Goldman Sachs CEO Lloyd Blankfein says the market's low volatility is worrisome

[Bloomberg] Apple Becomes First U.S. Company to Cross $800 Billion Valuation

[Bloomberg] Allan Meltzer, Who Wrote History of Federal Reserve, Dies at 89

[WSJ] Emmanuel Macron’s Economic Plans for France Draw Pushback