Tuesday, July 23, 2019

Tuesday Evening Links

[Reuters] Earnings and trade optimism push Wall St. toward record high

[CNBC] US, China in-person trade talks expected next week; White House eyeing longer-term timeline for deal

[Reuters] White House's Kudlow hopeful on U.S.-China trade talks, agriculture buys

[Reuters] Big Tech faces broad U.S. Justice Department antitrust probe

[Reuters] China's credit push to small firms falters in factory heartland

[Reuters] IMF says first-quarter global trade growth slowest since 2012, big downside risk

[Reuters] U.S. military took defensive action against second Iranian drone last week

[Bloomberg] U.S. Negotiators to Head to China Monday for Face-to-Face Talks

[Bloomberg] Trump Shoves Aside Deficit Worries in Debt Deal With Pelosi

[Bloomberg] The U.S. Economy Is Great and the Fed Doesn't Care

[WSJ] Justice Department to Open Broad, New Antitrust Review of Big Tech Companies

[WSJ] U.S. Home Sales Stumble, as Pricey West Coast Markets Suffer Declines

[FT] China condemns US sanctions over Iran crude oil

Tuesday's News Links

[Reuters] Wall Street higher on strong Coca-Cola, United Tech earnings

[Reuters] Treasuries - Yields rise as investors wait on ECB, Fed meetings

[Reuters] Carmakers drive Europe higher, Johnson batters sterling

[Reuters] Britain's new leader Johnson vows to get Brexit done

[MarketWatch] IMF cuts its global growth forecast again

[Yahoo/Bloomberg] UBS CEO Warns of ‘Dangerous’ Bubbles Spurred by Central Banks

[Reuters] EU has 35 billion euro list ready if U.S. hits EU cars: EU trade chief

[Reuters] PBOC chief says current interest rate level is appropriate: Caixin

[SCMP] Private Borrowers Bear the Brunt of China’s Soaring Bond Defaults

[Reuters] First Russian-Chinese air patrol in Asia-Pacific draws shots from South Korea

[Reuters] China tells U.S. to remove 'black hands' from Hong Kong

[Newsweek] Taiwan Calls For Democracy in Hong Kong as Anti-China Forces on Both Islands Face Down Beijing

[Reuters] Widespread blackout hits Venezuela, government blames 'electromagnetic attack'

[Politico] Deficit Don? Red ink gushes in Trump era

[Bloomberg] The Fed Was Waiting on Data. It Found a New Mind-Set Instead.

[Bloomberg] A Decade of Low Interest Rates Is Changing Everything

[Bloomberg] Trump Wants a Weak Currency. Rivals Do Too, and That’s a Problem

[Bloomberg] Home-Loan Curbs to Deepen Liquidity Crisis for Indian Developers

[WSJ] It’s Not Just Stocks—Promise of Rate Cuts Lifts Wide Range of Assets

[WSJ] Taiwan ETFs Buy Big Into U.S. Credit

[WSJ] Congress Moves Toward Ban on Buying Chinese Buses, Railcars Over Spy Fears

[FT] Inflation data do not support Fed move to cut interest rates

[FT] China locked into investment-led growth by GDP targets

[FT] High-yield bond investors beware: rising tides do not lift all boats

[FT] Why Hong Kong’s protesting youth are so angry