Friday, May 25, 2018

Friday Evening Links

[BloombergQ] Stocks Mixed as Crude Plunges the Most in a Year: Markets Wrap

[CNBC] Moody's warns of 'particularly large' wave of junk bond defaults ahead

[BloombergQ] Fed's Powell Leads Global Call for Central Bank Independence

[Reuters] Brazil truckers maintain blockades, near standoff with military

[BloombergQ] Central Bankers Give Their Crisis Policies an Incomplete Grade

[BloombergQ] Trump Casts Long Shadow at Buoyant Putin's Geopolitical Show

[FT] Moody’s puts Italy on review for downgrade

[FT] Lack of ‘Powell put’ tightens financial conditions

Friday's News Links

[Reuters] Wall Street lower as oil prices slump

[MarketWatch] Treasurys extend weeklong rally on Italy fears

[CNBC] Oil prices are tanking as Russia and Saudi Arabia rethink output caps

[BloombergQ] Sentiment in U.S. Eases on Less-Favorable Buying Conditions

[CNBC] White House official: Trump could take a harder line on trade with China now that the Kim Jong Un summit is off

[Reuters] Fed's Powell: central banks must strive to enhance transparency on supervision

[BloombergQ] Italian Banks a Worry Again as Populist Parties Rethink Fixes

[Reuters] ECB resolve to end bond buys this year remains firm: sources

[Reuters] Collapse of Trump-Kim summit threatens to deepen U.S.-China rift

[Reuters] 'Trump formula'? North Korea says still open to talks after summit canceled

[Bloomberg] As Europe's Risks Flare, Everyone Piles Back Into German Bunds

[BloombergQ] Fed Hiking Cycles Always Create a `Meaningful Crisis Somewhere'

[Reuters] Spain's Rajoy says will not call snap election

[Reuters] Taiwan air force scrambles as Chinese bombers fly round island

[Weekly Standard] Italy’s deplorables unite against Europe’s elites

[WSJ] In Auto Tariffs, a High-Stakes Game of Chicken

[WSJ] Mike Meru Has $1 Million in Student Loans. How Did That Happen?

[WSJ] Bull Market in Tech-Company Convertible Debt Rages On

[FT] New York property jitters herald declines elsewhere

[FT] Spanish and Italian bond yields rise sharply

[FT] Spanish opposition demands Rajoy confidence vote