Tuesday, November 19, 2019

Wednesday's News Links

[Reuters] Wall Street lower as Hong Kong bill escalates U.S.-China tensions

[Reuters] Sino-U.S. spat over Hong Kong knocks world shares off 22-month high

[CNBC] China accuses US of interference after Senate passes bills supporting Hong Kong protesters

[Reuters] Beijing tariff demands may expand U.S.-China 'phase one' trade deal significantly

[Reuters] Junk loan market tensions signal end of buyout-led binge

[Reuters] China cuts new benchmark lending rate to lower costs, shore up economy

[Reuters] Japan's exports post worst fall in 3 years as shipments to U.S., China drop

[Reuters] Options fade for last Hong Kong campus protesters as U.S. bill angers China

[Bloomberg] Congress Gets a Lesson in MMT Even as Deficit Nears $1 Trillion

[Bloomberg] China Struggles to Hit Back at U.S. Without Hurting Itself

[Bloomberg] China Bank Guarantor Pays Distressed Tewoo’s Bond Interest

[Bloomberg] Defaults in China’s Private Sector Mount as Tunghsu Joins List

[Bloomberg] ECB Flags Risks to Financial Stability From Its Own Stimulus

[Bloomberg] Yields of 100% Push Lebanon’s Bonds Into Venezuela Territory

[Bloomberg] India’s Central Bank Takes Control of Dewan Housing Board

[WSJ] Stalled U.S.-China Trade Talks Raise Threat of Another Impasse

[FT] France and Italy warned by Brussels over high debt levels

Tuesday Evening Links

[Reuters] Retail sector weighs on Wall Street; Dow and S&P end lower

[Reuters] Oversupply angst drags oil lower, stocks drift near highs

[Reuters] U.S. Senate unanimously passes Hong Kong rights bill

[CNBC] Trump threatens higher tariffs if China doesn’t make a trade deal

[Reuters] Without a China trade deal, the U.S. will hike tariffs: Trump

[Reuters] U.S. services data suggests upward revision to third-quarter GDP

[CNBC] Renting a single-family house just got more expensive

[Yahoo/Bloomberg] Many Americans Over 65 Face Economic Insecurity, Even If They’re Healthy

[Reuters] Besieged Hong Kong campus protesters seek escape routes

[Bloomberg] Inside the PBOC’s Struggle to Balance China’s Growth and Debt

[Bloomberg] The $15 Billion Reason Why Asia Bond Defaults Could Rise

[Bloomberg] U.S., China to Tie Tariff Relief to Failed Deal From May

[Bloomberg] Pence Warns Trade Deal ‘Very Hard’ If Hong Kong Uses Violence

[WSJ] Stalled U.S.-China Trade Talks Raise Threat of Another Impasse

[WSJ] Foreign Holdings of U.S. Government Debt Fall by Most Since 2017

[WSJ] Retailer Results Send Mixed Signals on Consumer Spending

[WSJ] Why Cheap Money Hasn’t Led to a Corporate Spending Boom

[FT] Easy money is papering over big cracks in India