Friday, August 30, 2019

Friday's News Links

[Reuters] Wall St. rises on trade hopes, strong consumer spending data

[Reuters] Global stocks scale one-week high on trade hopes, yuan softens

[Reuters] Oil prices dip but set for solid weekly gains

[Reuters] U.S. consumer spending increases solidly; income tepid

[CNBC] US consumer sentiment falls to 89.8 in August for biggest monthly drop since 2012

[Reuters] China, U.S. trade negotiating teams maintaining 'effective communication': China

[Reuters] Month of bond market milestones - How low can you go?

[Reuters] S&P slashes Argentina's long-term debt three notches on maturity extension plan

[CNBC] China will likely wait out the trade war as it bets on its own economy

[CNN] Joshua Wong and other Hong Kong pro-democracy leaders arrested ahead of rally

[Reuters] Exclusive: Amid crisis, China rejected Hong Kong plan to appease protesters - sources

[Reuters] China banking regulator uncovers rule violations among smaller lenders

[Bloomberg] Draghi Gets Warnings From ECB Hawks as Stimulus Talks Near

[Bloomberg] Hong Kong Developers’ Stocks Drop as Protest Arrests Deepen Uncertainty

[Bloomberg] Modi Creates Bank Behemoths to Spur India’s Slowing Economy

[Bloomberg] Modi's $5 Trillion GDP Goal Hits a Hurdle: Debt at Road Builder

[WSJ] How ETFs Swallowed the Stock Market

[WSJ] Oil and Gas Bankruptcies Grow as Investors Lose Appetite for Shale

[WSJ] Historic Asset Boom Passes by Half of Families

[FT] China’s ‘helicopter money’ is blowing up a bubble