Thursday, May 2, 2019

Friday's News Links

[Reuters] Strong jobs data boosts Wall Street

[AP] US adds robust 263K jobs; unemployment at 49-year low: 3.6%

[Bloomberg/Yahoo] U.S. Goods-Trade Gap Widens to $71.4 Billion on Import Increase

[MarketWatch] ISM services index decelerates in April to lowest level in two years

[Reuters] Take Five: Vol squall coming? World markets themes for the week ahead

[AP] Eurozone inflation ticks up in hopeful sign for central bank

[Reuters] Pentagon warns on risk of Chinese submarines in Arctic

[Bloomberg] Private Debt Boom Stokes Zeal, and Some Worry, at Milken Summit

[Bloomberg] Weidmann Joins ECB Doubters on Draghi Move to Soften Rate Impact

[NYT] How a Lone Norwegian Trader Shook the World’s Financial System

[WSJ] GOP Traditionalists Thwart Trump’s Push to Install Supporters at the Fed

[WSJ] Ginnie Mae Moves to Crack Down on Repeated Refinancings

[FT] Jay Powell battles with messaging at the Federal Reserve

[FT] Jean-Claude Juncker ‘would not mind’ a German leading the ECB

[FT] Complex securities blamed in crisis return to favour

[FT] Revival of crisis-era creation shows strain in credit markets

[FT] Why America’s great corporate debt binge is probably not over

[FT] The flood of tech IPOs risks worsening inequality

Thursday Evening Links

[Reuters] Dented Fed rate cut hopes drag on stocks; dollar, yields climb

[AP] Trump Fed choice Stephen Moore withdraws amid controversy

[Reuters] German consumption showing early signs of recovery: Bundesbank

[Bloomberg] Trump's 0-for-4 Streak on Fed Choices Raises Concern on Vetting

[Bloomberg] Pig ‘Ebola’ Virus Sends Shock Waves Through Global Food Chain

[NYT] Why Wages Are Finally Rising, 10 Years After the Recession

[WSJ] Fed Is Shifting the Goal Posts, and Investors Should Care

[WSJ] CBO Sees National Debt Continuing To Grow

[FT] Russia says stance on Venezuela ‘incompatible’ with US view