Tuesday's News Links

[Reuters] Wall St. dips as U.S.-China tensions heat up over TikTok

[Reuters] World shares hit five-month high; mixed earnings knock European shares

[AP] ‘A line in the sand’: Both sides dig in on virus relief bill

[CNBC] Chinese state media slams U.S. as a ‘rogue country’ for its planned ‘smash and grab’ of TikTok

[CNBC] Home prices see strong June bounce, but economists warn it likely won’t last

[Reuters] White House adviser Navarro suggests Microsoft divest China holdings

[CNBC] Coronavirus live updates: Regeneron reports positive results for antibody drug; WHO explores virus origin in China

[Reuters] Local governments ‘overwhelmed’ in race to trace U.S. COVID contacts

[AP] Wave of evictions expected as moratoriums end in many states

[Reuters] U.N. chief warns world facing 'generational catastrophe' on education

[Reuters] China to retaliate if U.S. forces out Chinese journalists: Global Times editor

[Reuters] Turkish annual July inflation dips below 12%, lira firms

[SCMP] Xiao Jianhua’s Tomorrow Group duped Baoshang Bank out of US$22 billion in loans, triggering Chinese lender’s collapse, PBOC says

[Bloomberg] Turkish Stocks Slump to Lowest Since May on Lira Concerns

[Bloomberg] ‘Too Big to Fail’ Is the New Mantra for Bulls in Stock Market

[Bloomberg] The Fed’s Stocks Policy Is Exuberantly Asymmetric

[Bloomberg] Riskiest U.S. Junk Bonds Exit Distress, Back to Pre-Covid Levels

[WSJ] Beleaguered Public Pension Funds Make Record Gains in Second Quarter

[WSJ] Argentina Nears $65 Billion Restructuring Deal With Bondholders

[FT] Virus resurgence could plunge emerging economies into debt crisis, warns IMF

Monday Evening Links

[Reuters] Asia shares set to gain after manufacturing data, tech stocks boost

[Reuters] Dollar falters as investors await U.S. stimulus deal

[Reuters] Nasdaq hits record high close as traders eye M&A and stimulus

[CNBC] Democrats and Trump officials leave ‘productive’ meeting, but still don’t have a coronavirus relief deal

[CNBC] Coronavirus live updates: California governor reports ‘early good signs’ as cases trend downward

[Reuters] Trump says China or Microsoft should pay U.S. a share of any TikTok sale proceeds

[Reuters] Fed policymakers call for fiscal support to save U.S. economy

[Bloomberg] Hedge Fund Boosts Cash on Growing Risk of U.S.-China Armed Clash

Monday Afternoon Links

[Reuters] Microsoft, Apple lift Wall St. as investors await stimulus

[CNBC] Coronavirus relief talks restart as jobless aid divides GOP and Democrats

[Reuters] U.S. manufacturing activity near 1-1/2-year high, factory job losses persist

[Reuters] Construction spending falls to one-year low in June

[Reuters] Fed's Bullard: Recovery looks to have slowed in July, no smooth track ahead

[CNBC] Coronavirus live updates: Eli Lilly begins late-stage trials; outbreaks in Florida, California on the decline

[WSJ] Covid Supercharges Federal Reserve as Backup Lender to the World

[WSJ] Microsoft’s Talks to Buy TikTok’s U.S. Operations Raise Ire in China