Friday, May 3, 2019

Friday Afternoon Links

[Reuters] Wall St. climbs as jobs data supports upbeat economic outlook

[Reuters] Oil edges up after strong economic data, but ends week lower

[Reuters] Fed 'insurance' rate cut not likely soon as economy hums along

[CNBC] Trump and Putin talked about Mueller report, Venezuela and North Korea during phone call

[Bloomberg] Fed Voters Split With Powell Over Case for a Possible Rate Cut

[WSJ] White House Escalates Feud With Fed

[FT] Federal Reserve officials crack open door to rate cut

[FT] Investors dive into high-quality US corporate debt once more

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