Thursday's News Links

[Reuters] Stocks drop as U.S.-China trade worries resurface

[Reuters] Oil prices dip as U.S. crude stocks and demand outlook weigh

[Reuters] U.S. consumer spending rises moderately, wages flat

[Reuters] China's factory activity shrinks for sixth month as trade war clouds outlook

[Reuters] China's probe of rural bank chief renews worries over small banks' health

[Reuters] Pompeo says U.S. must confront China's Communist Party

[CNBC] A ‘growing club’ of ‘very powerful countries’ is steering away from using the dollar

[Reuters] Japan September factory output rebounds, but risks cloud outlook

[Reuters] Hong Kong falls into first recession in 10 years as protests, trade war weigh

[Bloomberg] China Doubts Long-Term Trade Deal Possible With Trump

[Bloomberg] China’s Rising Sovereign Yields Are Stirring Its Corporate Bonds

[Bloomberg] China Warns Risks Are Increasing After Biggest Party Meeting

[Bloomberg] China’s Financial Hub Moves to Shut Down P2P Lending

[Bloomberg] Negative Interest Rate Skepticism Grows at the European Central Bank

[Bloomberg] Guindos Joins ECB Officials Warning Against Policy Side Effects

[FT] China manufacturers divert cash into financial products

Wednesday Evening Links

[Reuters] S&P closes at record on Fed bump

[CNBC] Fed cuts rates but indicates a pause is ahead

[Reuters] U.S. Treasury yield curve flattens after Fed cuts rates

[CNBC] Here’s what changed in the new Fed statement

[CNBC] The international summit where Trump and Xi were planning to sign a trade deal has been suddenly canceled

[Reuters] Consumers support U.S. economy as business spending slumps

[Reuters] U.S. natgas glut dims outlook for big producers as prices head to 25-yr low

[Bloomberg] Powell Says Fed Wants to Amp Repo Liquidity Without Rewriting Rules

[Bloomberg] Trump-Xi Trade Deal Hits Another Hurdle After Chile Cancels APEC

[NYT] Federal Reserve Cuts Interest Rates for Third Time in 2019

[WSJ] Fed Cuts Rate for Third Time This Year, Signals Pause

[FT] Federal Reserve delivers third rate cut but signals it is done for now