Tuesday, May 28, 2019

Tuesday Evening Links

[Reuters] Wall St. loses early gains as trade concerns abound

[Reuters] U.S. yields drop to 20-month low on trade, Italy concerns

[CNBC] Falling interest rates are sending a warning signal to the stock market

[CNBC] An under-the-radar way to measure economic growth in China is painting a bleak picture

[Reuters] U.S. Treasury says nine trade partners deserve scrutiny over currency practices

[CNBC] The next downturn could see a ‘radicalization’ of the policies used during the financial crisis

[Reuters] Strong labor market boosts U.S. consumer confidence

[Reuters] U.S. auto sales seen slipping 2.1% in May: J.D. Power, LMC Automotive

[Reuters] EU could slap 3 billion euro fine on Italy for excessive debt: Salvini

[SCMP] China showing signs similar to Japanese housing bubble that led to its ‘lost decades’, expert warns

[Bloomberg] Key Slice of U.S. Yield Curve Dives Further Into Inversion Zone

[Bloomberg] N.Y. Fed Loses Top Officers Including Potter in Rare Double Exit

[Bloomberg] Apple and Nike Brace for China's Wrath After Huawei Ban

[Bloomberg] Bannon Urges Trump to ‘Go All the Way’ in China Trade War

[Bloomberg] Buyer's Remorse: High Debt and Low Pay Leave Some College Grads Rueful

[NYT] The Trade War’s Next Front? China’s Access to Wall Street

[WSJ] Global Bond Yields Hit Multiyear Lows

[FT] China's state planner suggests using rare earths in US trade war

Tuesday's News Links

[Reuters] Stocks rally cut off by EU threats over Italy's budget

[CNBC] 10-year Treasury yield drops to 19-month low as trade fights threaten US growth

[Reuters] Oil defies trade fears as prices rise on tight supply

[CNBC] Home price gains weaken yet again in March: S&P Case-Shiller index

[CNBC] Increasing tariffs on China will likely hurt US growth, says Nomura

[SCMP] Was This the Moment U.S.-China Trade Talks Fell Apart?

[Reuters] China dreams on hold: heartland city feels chill of economic slowdown

[Reuters] Trump expects Japan's military to reinforce United States in Asia and beyond

[Reuters] Italy's Salvini calls for new ECB role to guarantee state debts

[AP] Chinese tourism to US drops for 1st time in 15 years

[Reuters] Iran sees no prospect of negotiations with U.S.: foreign ministry

[Bloomberg] PBOC Adds Liquidity as Bank Seizure Ratchets Up Stress

[Bloomberg] China's First Bank Seizure in 20 Years Spooks Investors

[Bloomberg] Italian Bonds Slide for Second Day After EU Vote Boosts Salvini

[Bloomberg] Americans Snap Up Imports From Vietnam at China’s Expense

[Bloomberg] Turkey's Industrial Giants Are Being Squeezed by Financing Costs

[Bloomberg] India Shadow Lenders Face a Margin Squeeze From RBI Guidelines

[Bloomberg] Merkel Decides Her Chosen Successor Isn’t Up to the Job

[WSJ] Trade Fight, Curbs on Huawei Threaten 5G Growth in U.S.

[WSJ] Regulators, Investors Zero In on Corporate Debt Market

[WSJ] REITs Bet Big on the Mortgage Market

[FT] Risk of liquidity shocks haunts China’s fast-growing bond markets

[FT] Matteo Salvini flexes his muscles in call for ‘fiscal shock’ tax cuts

[FT] Lending growth among EU member states diverges