Wednesday's News Links

[Yahoo/Bloomberg] Gold Tops $4,000 for First Time Fueled by US Shutdown 

[CNBC] Stock futures were little changed after S&P 500 snaps 7-day win streak: Live updates

[Yahoo/Bloomberg] Yen Slumps to Weakest Since February in LDP-Results Aftermath

[CNBC] The global M&A engine is roaring, fueled by megadeals and rate-cut bets

[CNBC] New Zealand delivers outsized cut, bringing policy rate to over 3-year low in bid to boost growth

[WSJ] What Is the Price of Gold Telling Us?

[WSJ] America’s Soybean Farmers Are Panicking Over the Loss of Chinese Buyers

[WSJ] How China Threatens to Force Taiwan Into a Total Blackout

[FT] The populist shadow hanging over central banks and QE

Tuesday Evening Links

[CNBC] Stock futures were little changed after S&P 500 snaps 7-day win streak: Live updates

[Axios] Congress erupts over Trump's shutdown back-pay threat

[AP] Staffing shortages cause more US flight delays as government shutdown reaches 7th day

[CNBC] Consumer outlook sours as inflation expectations rise, New York Fed survey finds

[Yahoo/Bloomberg] Trump Says US and Canada Working on Formula for Tariff Deal

[Yahoo/Reuters] Trump mulls cutting billions in funds from list of clean energy projects

[Yahoo/Reuters] Private credit cash pivots from 'risky' West to emerging markets

[Bloomberg] Weakening Credit Market Exposes Growing Vulnerabilities, UBS Says

[Bloomberg] BOJ Faces Rate-Hike Dilemma After Takaichi Victory, Yen Slump

[Bloomberg] US Consumer Borrowing Rises at Slowest Pace in Six Months

[WSJ] Thin Air-Traffic Staffing Spurs Delays at U.S. Airports

[FT] China’s Golden Week tourism shows little sign of spending splurge

Tuesday Afternoon Links

[CNBC] S&P 500 heads for first decline in 8 days on Oracle slide, shutdown angst: Live updates 

[Reuters] Trump says government programs, jobs to be cut amid shutdown

[AP] Trump talks ‘love’ and ‘conflict’ with Carney during Canadian prime minister’s visit

[Yahoo/Bloomberg] Trump Threatens No Back Pay for Shutdown’s Furloughed Workers

[Reuters] IMF warns banks and supervisors of liquidity risks in $9.6 trillion FX market

[Yahoo/Reuters] Fed's Miran says calm bond market shows support for rate cuts

[Bloomberg] Consumers See Higher Inflation in Year Ahead, NY Fed Survey Shows

[Bloomberg] At $1.2 Trillion, More High-Grade Debt Now Tied to AI Than Banks

[Bloomberg] AI-Power Boom to Drive $1.1 Trillion in US Utility Grid Spending

[Bloomberg] Fed’s Balance Sheet Runoff in Focus as Bank Reserves Are Ebbing

[Bloomberg] Fed’s Kashkari Warns Drastic Rate Cuts Would Stoke Inflation

[Bloomberg] Dalio Echoes Griffin in Seeing Gold as Safer Than the US Dollar

[Bloomberg] Data Center Boom Brings Risks of Overbuilding, Ares’ Says

[NYT] E.U. Proposes 50% Steel Tariffs as Trump Effect Ripples Around World

[WSJ] The Vulnerability of a Divided Nation

[FT] Japan’s next PM needs Takanomics, not Abenomics

[FT] France’s political crisis leaves budget plans in disarray

[FT] El-Erian: What is happening in France may not stay in France