Tuesday, June 12, 2018

Tuesday Evening Links

[Reuters] S&P 500, Nasdaq end higher; investors turn focus to Fed

[Reuters] U.S. government posts $147 billion deficit in May

[BloombergQ] U.S. Inflation Accelerates to Six-Year High, Eroding Wages

[BloombergQ] Powell's Fed Could Clear Up Mysteries Puzzling Investors

[BloombergQ] U.S. Posts Biggest Monthly Budget Deficit in May Since 2009

[Reuters] AT&T wins court approval to buy Time Warner over Trump opposition

[BloombergQ] Emerging Markets Can't Blame the Fed for Their Problems

[BloombergQ] Fannie and Freddie Should Hold Billions in Capital, FHFA Says

[Reuters] Argentina biggest labor group calls strike, raising pressure on Macri

[WSJ] Powell Weighs Taking Questions After Every Fed Meeting

[WSJ] U.S. Budget Deficit Widens 23% October Through May on Weak Revenue Growth

[FT] China’s Achilles heel lies with property companies

[FT] China’s current account at risk of deficit on trade shock

Tuesday's News Links

[BloombergQ] Dollar Steady, Stocks Drift After Inflation Data: Markets Wrap

[Reuters] Yields rise before expected Fed rate increase

[Reuters] Historic Trump-Kim summit ends with promise, light on substance

[Reuters] Trump surprises with pledge to end military exercises in South Korea

[Reuters] Consumer prices jump 2.8 percent for biggest increase in more than six years

[BloombergQ] U.S. Small-Business Optimism Hits Second-Highest on Record

[Reuters] Trump, in trade feud with allies, say won't let them take advantage of U.S.

[CNBC] Trump says Trudeau's comments are going to cost Canada 'a lot of money'

[Reuters] With rate hike in the bag, focus turns to Fed's policy language

[BloombergQ] The Fed's Job Is About to Get Harder

[BloombergQ] Powell's Fed Could Clear Up a Few Mysteries Puzzling Investors

[BloombergQ] Italy's Yield Curve Is Bearing the Brunt of Fickle Politics

[BloombergQ] China’s Master Plan: A Worldwide Web of Institutions

[BloombergQ] OPEC Highlights Demand Uncertainty Before Crucial Meeting

[BloombergQ] Sydney Home Bubble Deflates as Loans Revisit 2008 Losing Streak

[WSJ] U.S.-Canada Rift Roils Nafta Talks

[WSJ] The Fed’s Biggest Dilemma: Is the Booming Job Market a Problem?

[WSJ] China’s Bond-Market Mystery: Why Aren’t There More Defaults?

[FT] Brazil’s central bank in firepower test with currency speculators

[FT] Macron resolute on trade as Trump bromance cools

[FT] Italian debt strife reveals pitfalls of Europe’s market structure

[FT] Quantitative tightening puts Asian markets on volatile path