Wednesday, December 4, 2019

Thursday's News Links

[Reuters] Stocks keep the faith, sterling gallops higher

[Reuters] OPEC and allies prepare to deepen oil output cuts

[Reuters] China maintains tariffs must be reduced for phase one trade deal with U.S.

[CNBC] China gives little indication US trade talks are progressing

[Reuters] Beijing envoy warns of 'destructive forces' trying to undermine U.S.-China ties

[Reuters] China official media blasts U.S. Uighur bill, calls for reprisals

[Reuters] World food prices surge in November, lifted by meat, vegetable oils: U.N. FAO

[MarketWatch] The repo market is ‘broken’ and Fed injections are not a lasting solution, market pros warn

[Bloomberg] This $1.2 Trillion China Bond Market Is Studded With ‘Fakes’

[Bloomberg] Japan Leans on Fiscal Stimulus to Keep Recession at Bay

[Bloomberg] Moody’s Warns on Outlook for Global Banks, Citing Trade Tensions

[WSJ] China Offers Official Reassurance on Trade Talks With U.S.

[WSJ] A Growing Share of S&P 500 Companies’ Earnings Are Contracting

[FT] Two-thirds of Americans miss out on market gains

Wednesday Evening Links

[Reuters] Wall Street bounces back on renewed trade optimism

[Reuters] U.S. regulators signal openness to rethinking practices that caused repo market woes

[CNBC] Bull markets often end with a euphoric rally called a ‘blow-off top.’ We may have just had one

[Reuters] Illinois' unfunded pension liability rises to $137.3 billion

[Bloomberg] Repo Turmoil Prompts U.S. Regulators to Scrutinize Market Dangers

[Bloomberg] Odd Calm in China Markets Has Traders Suspecting State Support

[WSJ] New Link Between Stocks, Bonds Shows How Markets Have Changed

[FT] Fed’s Quarles implicates regulators in repo turmoil

[FT] Latin America sell-off sparks contagion fears