Thursday, May 25, 2017

Thursday Evening Links

[Bloomberg] U.S. Stocks Add to Records; Oil Tumbles on OPEC: Markets Wrap

[Reuters] Oil plunges 4 percent on disappointment with OPEC cuts

[Bloomberg] China's Monetary Turbocharger Is Running at an All-Time High

[Bloomberg] Chinese Money Funneled to Far-Flung Homes Heralds Bubble Trouble

[Bloomberg] More Optimism About U.S. Buying Climate Signals Spending Rebound

[Bloomberg] China's State Media Hits Out at Debt Downgrade With a Buffett Quote

[Bloomberg] Brazil Succession Race Heats Up as Temer Struggles With Crisis

[Bloomberg] Senate Weighs a Health Rewrite That Would Push Obamacare Repeal to 2020

[Reuters] Ballooning Chinese dollar borrowing a dilemma for index trackers

[WSJ] China Takes Aim at Moody’s After Rating Downgrade

[Reuters] U.S. drill designed to reject China's claim around artificial island: officials

Thursday's News Links

[Reuters] World stocks hit record, oil falls on OPEC cuts deal

[Bloomberg] All Eyes on Vienna as Oil Drops; Growth Hits Pound: Markets Wrap

[Bloomberg] Crude Oil Weakens as OPEC Disappoints With `Safe Bet' Extension

[Bloomberg] OPEC Extends Oil Cuts for Nine Months to End Global Glut

[Reuters] Moody's China downgrade 'illogical', overstates debt: People's Daily

[Bloomberg] Hong Kong Faces China Collateral Damage on Moody's Downgrade

[Bloomberg] Brazil’s Car Wash Scandal Reveals a Country Soaked in Corruption

[Reuters] Hadas: The next financial crisis could be in forex

[NYT] Why China’s Growing Debt Load Worries the World

[WSJ] China Hitches Yuan to the Dollar, Buying Rare Calm

[Reuters] In first under Trump, U.S. warship challenges Beijing's claims in South China Sea

[Bloomberg] China Warned U.S. Warship Challenging Its South China Sea Claims

[Reuters] Brazil's Temer deploys army as protesters battle police