Monday Evening Links

[AP] Stocks, bonds and the dollar drift after the latest downgrade to the US government’s credit rating

[Axios] The real message of the Moody's downgrade

[Axios] Two-hour Trump-Putin call ends without ceasefire

[Reuters] Europeans to pressure Russia with sanctions, Germany says

[Yahoo/Reuters] Moody's downgrades JPM, BofA and Wells Fargo after US credit rating cut

[Yahoo/Reuters] JPMorgan’s Dimon sees 'extraordinary amount of complacency' as markets recover from tariff shock

[Yahoo/Reuters] Trade deals not expected at G7 meeting, joint statement must serve US priorities, source says

[Yahoo/Bloomberg] LA Port Shipments Fell 30% in Early May After Trump Tariffs

[Yahoo/Reuters] Tariff truce will not spark cargo boom at busiest US seaport, executive director says

[Yahoo Finance] Fed's Powell has sounded the alarm for years about the nation's 'unsustainable' fiscal path

[Bloomberg] Retail Traders Go on Record Dip Buying Spree, Calming a Jumpy Stock Market

[Bloomberg] Dimon Warns Markets Are Underestimating Geopolitical, Inflation Risks

[Bloomberg] Trump Hands Putin a Win With Retreat From Ukraine Peace Talks

[NYT] Trump Berates Companies for Warning About Tariff Price Increases

[NYT] Trump Wants to Fulfill His ‘No Tax on Tips’ Promise. The Details Get Tricky.

[WSJ] Washington Deserved a Downgrade

[WSJ] Trump-Putin Call Yields No Breakthrough on Ukraine Cease-Fire

[FT] Donald Trump leaves Russia and Ukraine to settle war in talks