Tuesday, August 1, 2017

Wednesday's News Links

[Bloomberg] U.S. Stocks, Dollar Retreat as Apple Bolsters Dow: Markets Wrap

[Reuters] U.S. private sector adds 178,000 jobs in July: ADP

[CNBC/NYT] Trump administration is said to prepare broad trade case against China

[Bloomberg] Some Republicans Are Frustrated With Lack of Detail in GOP Tax Plan

[Bloomberg] How China’s Risk Crackdown Will Hit Manhattan’s Property Market

[Bloomberg] China Isn't Excited About iPhones Any More

[BloombergBusinessweek] Can Xi Jinping Defuse China’s Debt Bomb?

[CNBC] Chinese state media: Trump is 'wrong' when he says we can fix the North Korea problem

[WSJ] U.S. Plans Trade Measures Against China

[WSJ] Venezuelan Default Fears Rise With Billions in Debt Coming Due Soon

[FT] Hong Kong dollar peg slips to weakest in 19 months

Tuesday Evening Links

[CNBC] Apple jumps 6% to record high after earnings beat estimates

[Reuters] Dow at record on strong earnings; Apple earnings awaited

[Bloomberg] Oil Drops as Market Awaits Confirmation of Steady Supply Decline

[Bloomberg] U.S. auto sales fall in July as carmakers slash rental fleet sales

[Bloomberg] Toyota, Nissan, Honda Beat U.S. Estimates as Local Brands Suffer

[CNBC, Olick] Four major US cities ring housing bubble alarm

[Bloomberg] China Needs to Act on $33 Trillion of Credit, Analyst Chu Says

[CNBC] Investors are more crowded into tech stocks than ever before

[Bloomberg] Paul Tudor Jones Clients Pull 15% From Main Hedge Fund

[WSJ] How Risky Loans Are Kept Afloat in Alphabet Soup

[Reuters] Venezuela seizes opposition leaders Lopez, Ledezma from homes