Tuesday, March 5, 2019

Tuesday Evening Links

[Reuters] Wall Street ekes out gains after retail earnings; trade in focus

[AP] US service firms grew at fastest pace since fall 2018

[Reuters] U.S. government posts $9 billion surplus in January

[Reuters] For Fed, few reasons to end 'patient' stance on rates

[Bloomberg] Central Banks’ ‘Embrace’ of Markets May Be Complicating Policy

[Bloomberg] Stock Crowding Risk Is Back With Everyone Buying the Same Thing

[Bloomberg] China Sees Tough Battle in Boosting Growth Without Debt Blowout

[Bloomberg] Larry Summers Slams MMT as ‘Fallacious’

[WSJ] Beijing Drops Contentious ‘Made in China 2025’ Slogan, But Policy Remains

Tuesday's News Links

[Reuters] Stocks stall, dollar stands tall as China trims growth targets

[Reuters] Pompeo says Trump will walk if China trade deal isn't perfect: interview

[Reuters] U.S. new home sales rise to seven-month high in December

[Reuters] China to slash taxes, boost lending to shore up slowing economy

[CNBC] Home prices could be on the verge of heating up again, according to CoreLogic

[Reuters] Australia central bank on hold as economy slows to a crawl

[Bloomberg] China Has a Dirty $1 Trillion Stimulus Secret

[Bloomberg] China Signals Loosening of Property Curbs as Xi's Mantra Omitted

[Reuters] Turkish economy shrank 2.7 percent in Q4, 2018 growth below forecast

[CNBC] Hayman Capital's Kyle Bass predicts US interest rates will head back to zero in 2020

[WSJ] China’s Stimulus Muddle Deepens

[WSJ] Central Bank Independence Doesn’t Matter—Until It Does

[WSJ] Chinese Hackers Target Universities in Pursuit of Maritime Military Secrets

[WSJ] Borrowing Costs Tumble Across Emerging Asia as Buyers Embrace Local Bonds

[FT] Investors urge debt-bloated US companies to shape up