Wednesday, August 29, 2018

Thursday's News Links

[Reuters] Stock market's advance grinds to a halt on China concerns

[CNBC] Turkish lira sinks after reports that a key central bank member could resign

[CNBC] Argentina's currency crashes to an all-time low as it asks the IMF for emergency funds

[Reuters] U.S. consumer spending increases strongly; inflation rising

[BloombergQ] Emerging-Market Carry Traders Have Their Worst August on Record

[BloombergQ] Emerging-Market Wobbles to Test Whether Asia Really Is Safer

[CNBC] The Fed may finally see the change in inflation trend it's been looking for 

[CNBC] No profit? No problem. Investors keep snapping up loss-making companies

[BloombergQ] A Month on, BOJ's Tweaks Prove Too Little for Moribund Bonds

[BloombergQ] Trump Blames China for Stalled Nuclear Talks With North Korea

[WSJ] Fresh Stress Grips Weakest Emerging-Market Currencies

[WSJ] Biotech Boom Built Wall Street’s $3 Million Analyst

[FT] John Law, the gambler who revolutionised French finance

[FT] Populism is the true legacy of the global financial crisis

Wednesday Evening Links

[BloombergQ] Technology Shares Surge as U.S. Stocks Pad Records: Markets Wrap

[Reuters] Fed staff research anchors subtle shift that could lead rates higher

[BloombergQ] Short Bets on World’s Biggest Tech Stocks Surge to $37 Billion

[CNBC] Pending home sales fall for seventh straight month in July

[CNBC] Moody's downgrades Ford's credit rating to one notch above junk bond status

[Reuters] Argentina burns reserves to support peso, asks for early IMF funds

[BloombergQ] Argentina Asks IMF to Quicken Payments From $50 Billion Line

[BloombergSub] Argentine Bond Risk Soars With Investors Losing Faith in Macri Era

[FT] Trump says China actions ‘not helpful’ in denuclearising N Korea