Monday, August 19, 2019

Tuesday's News Links

[Reuters] Wall Street lower; Home Depot caps losses

[Reuters] Gold reclaims $1,500 mark as focus turns to Fed

[Reuters] Oil edges lower, but hopes on easing trade tensions cap losses

[CNBC] Italian Prime Minister Conte announces resignation, bringing Rome closer to a snap election

[Reuters] Italian PM Conte denounces Salvini for toppling government

[CNBC] White House official denies administration is looking at a payroll tax cut

[Reuters] China sets new lending reference rate slightly lower on first day

[CNBC] Huawei calls US move to blacklist more affiliates ‘unjust’ and ‘politically motivated’

[Reuters] Italy's Di Maio signals imminent end of government, thanks Conte

[Reuters] Italy needs 50 billion euro budget for 'shock' stimulus: Salvini

[Reuters] New Argentine treasury minister set to take charge of troubled economy

[Reuters] U.S. yield curve: Invert, steepen, repeat

[Bloomberg] McKinsey Sees ‘Ominous’ Signs of Another Asian Debt Crisis

[Bloomberg] It's Getting Harder to Make Easy Money in Asia Bonds as Junk Takes a Hit

[Bloomberg] Leveraged Loan Casualty List Grows After Three Pulled Deals

[Bloomberg] Hong Kong Rates May Spike as Funds Depart, Morgan Stanley Says

[NYT] Trump Administration Considers Moves to Bolster Economy

[WSJ] Junk-Bond Investors Turn Picky as Slowdown Talk Swirls

[WSJ] Beijing Tiptoes Toward Cheaper Loans for Capital-Starved Companies

Monday Evening Links

[Reuters] Wall St. rallies on stimulus cheer, trade optimism

[Reuters] Senior White House officials eye tax cut to avert slowdown: Washington Post

[Reuters] Trump says Fed should cut interest rates by one percentage point

[Reuters] Fed's Rosengren says cutting rates could worsen next downturn: Bloomberg

[AP] China lashes out at Taiwan over Hong Kong asylum offer

[AP] Wide implications as Germany teeters toward recession

[Bloomberg] Argentina Bonds Eyeing Lows on Flurry of Negative Headlines

[Bloomberg] Apartments in Manhattan’s Financial District Are Languishing

[Bloomberg] Stock Whiplash Spurs Worst Run of ETF Withdrawals in Six Months

[WSJ] Trump Calls for a Big Fed Rate Cut, Again Criticizes Central Bank Chairman

[WSJ] States to Move Forward With Antitrust Probe of Big Tech Firms

[WSJ] ‘We Can’t Waste a Drop.’ India Is Running Out of Water.

[FT] Big global bond rally puts Bank of Japan in a bind