Tuesday, March 26, 2019

Wednesday's News Links

[Reuters] Wall Street flat as global growth fears persist

[Ahval] Turkish lira swap rates jump to 600 percent

[Reuters] U.S. trade deficit narrows sharply as exports rebound

[Reuters] Trump Fed nominee Moore says central bank should cut rates: NYT

[Bloomberg] Here's Why U.S. Bond Yields Plunged So Much Over the Past Week

[Bloomberg] China’s First Quarter Recovery Is Unmistakable, Beige Book Says

[Reuters] China's industrial profits shrink most since late 2011

[Bloomberg] A $17 Billion Funding Hole Looms for Developer Evergrande

[Bloomberg] New Zealand Joins Dovish Shift as Governor Puts Rate Cut in Play

[AP] European Central Bank ready to act if trouble hits economy

[Reuters] ECB can delay rate hike again, mitigate negative rates if needed: Draghi

[Bloomberg] After Only 86 Days, Brazil's Bolsonaro Is Already in Trouble

[WSJ] Tax Changes Hit Overseas Profits of Some U.S. Companies

[WSJ] ECB’s Draghi Hints at Drawbacks of Negative Rates

[WSJ] A Decade After the Housing Bust, the Exurbs Are Back

[WSJ] Cash-Strapped Illinois, Chicago Seek Billions From Investors

[WSJ] More Than a Third of China Is Now Invested in One Giant Mutual Fund

[FT] Crackdown on short selling roils Turkish money markets

[FT] US mortgage refinancing rush sends Treasuries higher

[FT] Wall Street readies for IPO boom as ‘unicorns’ stampede to market

[FT] The path to reform looks as rocky as ever for emerging economies

[FT] Germany sells Bunds at negative yield for first time since 2016

Tuesday Evening Links

[Reuters] Wall Street ends up, financials break five-day losing streak

[Reuters] Argentina's peso hit by political uncertainty, plumbs new lows

[Reuters] Fed is falling short on inflation goal, U.S. central banker warns

[Bloomberg] Almost Half of Older Americans Have Zero in Retirement Savings

[WSJ] Real-Estate Funds Have a Problem: Too Much Cash

[FT] DE Shaw: inside Manhattan’s ‘Silicon Valley’ hedge fund