Thursday, June 21, 2018

Thursday Evening Links

[Reuters] Dow drops eighth straight session on trade worry; Amazon slips

[Reuters] U.S. labor market tightening; mid-Atlantic manufacturing cools

[BloombergQ] U.S. Consumers' Economic Expectations Match Highest Since 2002

[Reuters] Supreme Court lets states force online retailers to collect sales tax

[BloombergQ] Americans Devote Biggest Share of Income to Mortgages Since 2009

[CNBC] Goldman Sachs: Weak stock market returns are ahead even with booming earnings

[Reuters] Italy and Germany clash as migration rows split EU

[FT, Tett] Markets might look calm, but they are behaving abnormally

[FT] Beijing woos foreign businesses as US trade war looms

[FT] Italy blocks Merkel bid to outwit immigration rebels

Thursday's News Links

[BloombergQ] Stocks Drop, Treasuries Gain on Fresh Italy Worry: Markets Wrap

[BloombergQ] Italian Assets Resume Slide After Euroskeptic Appointments

[Reuters] Dollar scales 11-month peak, oil slides ahead of OPEC

[Reuters] Washington's 'capricious' trade actions will hurt U.S. workers, China warns

[CNBC] Chinese investment in the US drops 90% amid political pressure

[Reuters] China-U.S. trade war hits Daimler profit, may sweep sector

[BloombergQ] U.S. Homes Prices Least Affordable in Almost a Decade

[Reuters] Eurosceptics to head Italian parliamentary finance committees

[Reuters] Bank of England chief economist votes for rate rise, boosting chance of Aug hike

[BloombergQ] Now You Can Gorge Guilt-Free: 1-Month Bill Yield on Par With S&P

[UK Guardian] 'Facebook is taking everything': rising rents drive out Silicon Valley families

[NYT] Trump’s Ace in the Hole in Trade War: A Strong Economy

[WSJ] Central Banks Go Their Separate Ways

[WSJ] Central Bank Leaders Warn Trade Conflicts Could Damage Global Economy

[WSJ] Growth in Retiring Baby Boomers Strains U.S. Entitlement Programs

[WSJ] Small-Cap Stocks: Where Investors Hide in a Trade War

[WSJ] The Arms Race for Quants Comes to the World’s Biggest Asset Managers

[WSJ, Navarro] Trump’s Tariffs Are a Defense Against China’s Aggression

[FT] EM sell-off set to continue as dollar strengthens

[FT] Turkey election: Will Erdogan’s power grab backfire?

[FT] The rise of a new generation of anti-Americans