Thursday, August 22, 2019

Friday's News Links

[CNBC] Dow drops 400 points after Trump orders US companies to look for ‘alternative to China’

[Reuters] Treasuries - Yields fall as China introduces tariffs on US goods

[Reuters] Oil prices slide as U.S.-China trade war escalates

[Reuters] European stocks sink after China retaliates with higher tariffs on some U.S. goods

[Reuters] China sets yuan mid-point at fresh 11-yr low, but much stronger than forecasts

[Reuters] Powell: U.S. in 'favorable' place, Fed will 'act as appropriate'

[Reuters] China unveils retaliatory tariffs on U.S. goods in deepening trade row

[CNBC] Trump says he’s ordering American companies to immediately start looking for an alternative to China

[CNBC] Trump tweets: ‘Who is our bigger enemy,’ Fed Chairman Powell or Chinese President Xi?

[Reuters] U.S. new home sales drop sharply, point to more housing weakness

[Reuters] Seeking clarity from Fed's Powell? Good luck with that

[CNBC] White House has reportedly discussed a Fed governor rotation to curb Powell’s power

[Reuters] Fed's Bullard says a "robust debate" is coming over steep rate cut

[Reuters] Japan's July core inflation hovers at two-year low, adds pressure on BOJ

[Reuters] Hong Kong gears up for fresh protests as activists target airport

[AP] Climate change turns Arctic into strategic, economic hotspot

[Reuters] Kremlin: Putin held Security Council meeting to discuss U.S. missile test

[Bloomberg] What the Japan-Korea Feud Means for Companies, Markets and Growth

[Bloomberg] A 203-Year-Old Trading Empire Faces China’s Wrath Over Hong Kong

[Bloomberg] As Jackson Hole Starts, Emerging Markets Lose Faith in the Fed

[Bloomberg] Dark Future for Euro Area as Nearly All Swiss Corporate Yields Go Negative

[NYT] To Gain Leverage in China Trade Talks, Trump Shows Solidarity With Hong Kong

[WSJ] What to Watch for at Fed’s Jackson Hole Symposium

[WSJ] Divided G-7 Leaders Headed for Clashes at Tense French Summit

[FT] Central banks have lost much of their clout

[FT] ‘Greater fool’ theory drives weird world of negative yields