Thursday, January 11, 2018

Thursday Afternoon Links

[Bloomberg] Stocks Rise to Records as Dollar, Bond Yields Fall: Markets Wrap

[Bloomberg] U.S. Budget Deficit Is Widening Even Before Tax Cuts Factored In

[CNBC] Fed's Dudley warns that tax cuts putting economy on an 'unsustainable path'

[Bloomberg] Dudley Says He Worries Tax Cuts Risk Overheating U.S. Economy

[Reuters] U.S. will renegotiate NAFTA or pull out: Mnuchin

[Reuters] Walmart wage hike may show wage pressures building for lowest paid

[Bloomberg] Junk-Bond Funds See Largest Cash Inflows Since December 2016

[CNBC] David Rosenberg: Fed taking on role of 'serial bubble blower'

[Reuters] Putin says 'shrewd and mature' North Korean leader has 'won this round'

[WSJ] Shares Are Wildly Overpriced. But Bonds May Be Even Worse

[FT] ECB joins central bank chorus hinting at faster tightening

[WSJ] The Spark Behind Iran’s Unrest: Millions of Defrauded Investors

Thursday's News Links

[Bloomberg] U.S. Stocks Rise, Dollar Slips With Bonds Steady: Markets Wrap

[Bloomberg] Oil Trades at Three-Year High After U.S. Stockpiles Drop Again

[Reuters] U.S. producer prices fall; jobless claims up for fourth straight week

[Bloomberg] ECB Sees Chance of Gradual Shift in Guidance Early This Year

[Bloomberg] China's U.S. Debt Holdings May Be an Ace Card in Trade Dispute

[Bloomberg] China’s Central Bank Adds Funds for the First Time in Three Weeks

[CNBC] China just reminded the United States that Beijing is its banker

[The Hill] Congress barrels toward another shutdown crisis

[Reuters] U.S. corporate bond supply posts slowest start since 2015 - BofA Merrill Lynch

[CNBC] A 10 to 15% stock market correction is virtually unavoidable, Blackstone's Byron Wien warns

[Bloomberg] Intel Says Chip-Security Fixes Leave PCs No More Than 10% Slower

[CNBC] Bitcoin falls 12% as one of the world's biggest cryptocurrency markets readies a bill to ban trading

[Bloomberg] World's Top-Ranked Crypto Exchange Adds 240,000 Users in One Hour

[Bloomberg] German Momentum Gives Another Lift to Europe's Economic Outlook

[CNBC] Chinese media warns the US of 'retaliations' from 'all sides' after new Taiwan bills passed

[NYT] Investors Spooked at Specter of Central Banks Halting Bond-Buying Spree