Thursday, July 25, 2019

Friday's News Links

[Reuters] Alphabet, Intel earnings boost Wall Street

[Reuters] Stocks stage tentative rebound after ECB disappointment

[CNBC] GDP slows to 2.1% in second-quarter but beats expectations thanks to strong consumer

[CNBC] Chinese officials suspect FedEx held back over 100 Huawei packages

[CNBC] Hedge fund manager Kyle Bass says a US-China trade deal can’t be reached

[CNBC] China wants to track and grade each citizen’s actions — it’s in the testing phase

[Reuters] Russia central bank trims key rate to 7.25%, says more cuts on way

[Reuters] North Korea's Kim says missile test a warning to South Korean 'warmongers'

[Bloomberg] U.S. Growth Slows to 2.1% as Trade War Weighs on Businesses

[Bloomberg] Japan’s Banks Are Running Out of Room to Cope With Negative Rates

[Bloomberg] Das: When It Comes to Debt, Size Doesn’t Matter Anymore

[NYT] China Needs New Places to Sell Its Mountain of Stuff

[WSJ] Tech Backlash Frays Cozy Ties to Washington

[WSJ] Markets Hope ECB Easing Package Could Be a Big One

[FT] Junk bond issuers snap up chance to stretch out borrowing

[FT] Big Tech is heading for a Wall Street-style cost explosion

Thursday Evening Links

[Reuters] Wall Street gives up record high following weak results, Draghi

[Reuters] U.S. to pay farmers $15-$150 per acre from August, part of $16-billion trade aid

[Bloomberg] Homeownership Rate in the U.S. Falls to the Lowest Since 2017

[Bloomberg] Germany Not in Crisis Nor Mulling Stimulus, Finance Chief Says

[Bloomberg] EU Rejects Johnson's Bid to Reopen Divorce Deal: Brexit Update

[Bloomberg] Lagarde’s Future ECB Colleagues Aren’t All Convinced About Her

[WSJ] ECB Signals Rate Cut, Possible Stimulus Relaunch

[FT] Tett: The business case against Bretton Woods