Thursday, October 24, 2019

Friday's News Links

[Reuters] Muted data and Brexit woes douse stocks rally

[Reuters] Gold hits 2-week high as weak U.S. data boosts rate-cut bets

[Reuters] Oil prices steady, on track for large weekly gain

[Reuters] China to ask U.S. to remove tariffs in exchange for ag buys in talks Friday: sources

[Reuters] EU shelves Brexit delay decision as Britain squabbles over election

[Reuters] Wall Street firms record best first-half profit in a decade: report

[Bloomberg] Fed Seen Cutting Rates Next Week and Then Hitting Pause Button

[Bloomberg] China Fires Back at Pence, Says U.S. Should Get House in Order

[Bloomberg] Bond Funds Learn to Exploit Ratings System to Buy Riskier Debt

[Bloomberg] New Normal for India’s Record Borrowing Spree Puts Heat on Bonds

[Bloomberg] Subprime Auto Giant’s Loans Souring at Fastest Clip Since 2008

[NYT] As Mario Draghi Departs, the E.C.B. Is Divided Over His Policies

[WSJ] Businesses Fear U.S., China Won’t Reach Deal on Core Issues

Thursday Evening Links

[Reuters] Strong tech results propel S&P 500, Nasdaq

[Reuters] Gold gains on rate-cut bets; platinum hits over 3-week high

[Reuters] Amazon's gloomy holiday forecast misses estimates, shares fall 7%

[Reuters] New York Fed offers to inject more liquidity into the banking system

[CNBC] Goldman Sachs predicts the Fed will make two big changes next week

[Reuters] British PM Johnson calls for December 12 election to break Brexit deadlock

[Reuters] Pence backs Hong Kong protesters in China speech, slams NBA and Nike

[Reuters] As protests grip Lebanon, banks to stay shut until calm returns

[Bloomberg] Australian Property Is Starting to Boom Again. That's a Worry

[WSJ] The Fall of WeWork: How a Startup Darling Came Unglued