Thursday, August 24, 2017

Thursday Evening Links

[Reuters] Wall Street edges lower with Jackson Hole meeting in focus

[Bloomberg] How the Debt Ceiling Debate Could Affect America’s Credit Rating

[Bloomberg] Phillips Curve Doesn't Help Forecast Inflation, Fed Study Finds

[Reuters] U.S. existing home sales unexpectedly fall in July

[CNBC] Most Americans live paycheck to paycheck

[Bloomberg] China Liquidity Stress Signs Build as Fund Cost Jumps at Auction

[Bloomberg] China Says U.S. Probe 'Sabotages' Global Trade System

[WSJ] Markets Eye Debt Ceiling With Unease

Thursday's News Links

[Bloomberg] U.S. Stocks Fluctuate With Jackson Hole Looming: Markets Wrap

[CNBC] Fitch: US 'AAA' rating at risk if debt ceiling not raised

[Bloomberg] Below-Forecast U.S. Jobless Claims Signal Tight Labor Market

[Bloomberg] Fed's George Sees Another 2017 Rate Hike Despite Low Inflation

[Bloomberg] The U.S. Replaces Europe as the Market's Political Problem Child

[Bloomberg] Health-Care Costs Could Eat Up Your Retirement Savings

[Reuters] China says will use all necessary means to defend interests against U.S. trade probe

[Bloomberg] China Is Squeezing the Wealth Management Product Bubble

[Bloomberg] Crackdown Risk Has China's Hottest Stocks Looking Vulnerable

[WSJ] Bull Market in Uncertainty Propels Gold Rush

[WSJ] Trump’s Border-Wall Pledge Complicates GOP Efforts to Avoid Government Shutdown

[WSJ] Janet Yellen’s Future at the Fed Unresolved Heading Into Jackson Hole

[FT] Mario Draghi and Janet Yellen pose headline risks for traders

[NYT] Trump Takes Aim at the Press, With a Flamethrower

[Reuters] Russia sends nuclear-capable bombers on mission near South Korea, Japan

[Reuters] Defense Secretary Mattis promises support to Ukraine, but no arms