Tuesday, December 24, 2019

American allies ‘needed for targeted decoupling from China’

https://www.scmp.com/news/china/diplomacy/article/3043304/american-allies-needed-targeted-decoupling-china

Dow’s Mind-Blowing Rally at Risk as Economic Index Flirts with Recession

https://www.ccn.com/dow-jones-analysis-12-20-2019/

As stock indexes hit record heights, Guggenheim’s Minerd says we’re near a ‘Minsky moment’ and ‘silly season in risk assets’

http://www.marketwatch.com/story/as-stock-indexes-hit-record-heights-guggenheims-minerd-says-were-near-a-minsky-moment-and-silly-season-in-risk-assets-2019-12-23

Short bets against long-term Treasury bonds hit record as economic pessimism wanes

http://www.marketwatch.com/story/short-bets-against-long-term-treasury-bonds-hit-record-as-economic-pessimism-wanes-2019-12-23

U.S. durable-goods orders sink in November; decline is sharpest in six months

http://www.marketwatch.com/story/us-durable-goods-orders-sink-in-november-by-most-in-six-months-2019-12-23

Don’t count on a real de-escalation of the U.S.-China trade war

http://www.marketwatch.com/story/dont-count-on-a-real-de-escalation-of-the-us-china-trade-war-2019-12-23

Wall Street Leveraged Debt Desks Set to Dial Up Risk in New Year

https://www.bloomberg.com/news/articles/2019-12-23/wall-street-leveraged-debt-desks-set-to-dial-up-risk-in-new-year

U.S. New-Home Sales Rise to Cap Best Three Months Since 2007

https://www.bloomberg.com/news/articles/2019-12-23/u-s-new-home-sales-rise-capping-best-three-months-since-2007

Fed May Be Quietly Masking Extent of Efforts to Calm Repo Market

https://www.bloomberg.com/news/articles/2019-12-23/the-fed-may-quietly-be-doing-more-to-calm-repo-than-you-realize

'It's a complete mess': Energy market in flux ahead of a global shipping revolution, analysts warn

https://www.cnbc.com/2019/12/23/oil-energy-market-braces-for-imo-2020-as-analysts-warn-of-uncertainty.html

Monday, December 23, 2019

IMF calls for 'urgent' action by India amid slowdown

https://this.kiji.is/en/581975674554090593

Economists like annuities; consumers don’t — here’s the disconnect

http://www.marketwatch.com/story/economists-like-annuities-consumers-dont-heres-the-disconnect-2019-12-23

America Turns From Tea Party to MMT in a Decade

https://www.bloomberg.com/view/articles/2019-12-23/america-turns-from-tea-party-to-mmt-in-a-decade

Caught in Trump’s Trade Crossfire, Israel Chases Deal With China

https://www.bloomberg.com/news/articles/2019-12-23/caught-in-trump-s-trade-crossfire-israel-chases-deal-with-china

Two years into Trump’s tax cut, the results are not promising

https://qz.com/1769421/trumps-tax-cuts-and-jobs-act-shows-poor-results-after-two-years/

Here’s What Credit Pros Are Watching as China Defaults Rise

https://www.bloomberg.com/news/articles/2019-12-22/here-s-what-credit-pros-are-watching-as-defaults-rise-in-china

'Rates Were Pushed Off The Cliff By The Central Banks'

https://seekingalpha.com/article/4313777-rates-pushed-off-cliff-central-banks?utm_source=smartnews.com&utm_medium=referral

Federal Spending Explodes at Nearly $300,000 Per Household Since 2010

https://www.dailysignal.com/2019/12/22/federal-spending-explodes-at-nearly-300000-per-household-since-2010/

The City of London Starts to Crack Over Brexit

https://www.bloomberg.com/view/articles/2019-12-23/the-city-of-london-starts-to-crack-over-brexit

Stocks Face 50% Odds of Correction in 2020, Vanguard’s Davis Says

https://www.bloomberg.com/news/articles/2019-12-23/stocks-face-50-odds-of-correction-in-20-vanguard-s-davis-says

Friday, December 20, 2019

Opinion: I'm on Medicare, but I still got stuck with a $25,000 hospital bill

https://www.latimes.com/opinion/story/2019-12-20/medicare-coverage-hospitalization-patient-costs

Trade War Turns Seasons Upside Down for Truckers at L.A. Port

https://www.bloomberg.com/news/articles/2019-12-20/trade-war-turns-seasons-upside-down-for-truckers-at-l-a-port

Cox Communications hit with $1B music piracy verdict - CNET

https://www.cnet.com/news/cox-communications-hit-with-1b-music-piracy-verdict/?taid=5dfc6e1630ffb60001e65f3d

This yield-curve measure touches its steepest level this year, as bond market takes heart in economy again

http://www.marketwatch.com/story/this-yield-curve-measure-touches-its-steepest-level-this-year-as-bond-market-takes-heart-in-economy-again-2019-12-19

U.S. Steel to lay off workers, cut dividend and terminate stock buybacks

http://www.marketwatch.com/story/us-steel-to-lay-off-workers-cut-dividend-and-terminate-stock-buybacks-2019-12-19

A helpless Europe is verging on economic and political humiliation

http://www.marketwatch.com/story/a-helpless-europe-is-verging-on-economic-and-political-humiliation-2019-12-20

U.S. Companies' Repatriated Cash Hits $1 Trillion Under Tax Law

https://www.bloomberg.com/news/articles/2019-12-19/u-s-companies-repatriated-cash-hits-1-trillion-under-tax-law

These Are the Big Brexit Battles Ahead

https://www.bloomberg.com/news/articles/2019-12-20/after-johnson-gets-brexit-done-a-bigger-battle-begins-in-europe

Almonds and Pecans May Be Key to U.S.-China Farm Deal

https://www.bloomberg.com/news/articles/2019-12-20/it-s-nuts-almonds-and-pecans-may-be-key-to-u-s-china-farm-deal

Food bank braces for surge in demand after Trump strips 700,000 of benefits

https://www.theguardian.com/society/2019/dec/19/food-stamps-bank-georgia-african-americans

Chipotle accused of violating U.S. labor law on union organizing

https://www.reuters.com/article/us-usa-chipotle-labor-idUSKBN1YO076

Tuesday, December 17, 2019

Alan Greenspan says inflation 'is inevitably going to rise' as deficit balloons over $1 trillion

https://www.cnbc.com/2019/12/17/alan-greenspan-says-inflation-is-inevitably-going-to-rise-as-deficit-balloons-over-1-trillion.html

Rising debt used for financial risk-taking could leave major economies vulnerable, IMF says

https://www.cnbc.com/2019/12/17/imf-rising-debt-used-for-financial-risk-taking-could-endanger-major-economies.html

Chinese corporate debt is the ‘biggest threat’ to the global economy, says Moody’s chief economist

https://www.cnbc.com/2019/12/17/chinas-corporate-debt-is-biggest-threat-to-global-economy-moodys.html

Dangerous Debt Hidden Reason for Monetary Madness

https://spectator.org/dangerous-debt-hidden-reason-for-monetary-madness/

‘System failure’ is what investors got from the Federal Reserve in 2019

http://www.marketwatch.com/story/system-failure-is-what-investors-got-from-the-federal-reserve-in-2019-2019-12-17

‘We did not cheer': China hints at breaking trade deal before it is signed

https://www.washingtonexaminer.com/policy/defense-national-security/we-did-not-cheer-china-hints-at-breaking-trade-deal-before-it-is-signed

Spending Bill Includes Seismic Retirement Changes, Curtails Stretch IRAs

https://www.forbes.com/sites/ashleaebeling/2019/12/16/spending-bill-includes-seismic-retirement-changes-curtails-stretch-iras/

U.S.-China Deal Will Be a Short-Term Truce

https://www.bloomberg.com/view/articles/2019-12-17/u-s-china-trade-deal-will-be-a-short-truce-not-a-lasting-peace

Japan Widens Lead on China as Top Foreign Treasuries Holder

https://www.bloomberg.com/news/articles/2019-12-16/japan-widens-lead-over-china-as-top-foreign-treasuries-holder

Trump Helped Nix Electric Car Tax Measure Sought by Tesla, GM

https://www.bloomberg.com/news/articles/2019-12-16/trump-helped-nix-electric-car-tax-measure-sought-by-tesla-gm

China’s Oil Imports Are Most World’s Ever Seen And Still Growing

https://www.bloomberg.com/news/articles/2019-12-17/china-s-oil-imports-are-most-world-s-ever-seen-and-still-growing

Goldman Sachs becomes 1st major US bank to pledge no funding for Arctic oil projects

https://abcnews.go.com/Business/goldman-sachs-1st-major-us-bank-pledge-funding/story?id=67757750

Friday, December 13, 2019

Chinese officials give details about the proposed trade agreement with the US

https://www.cnbc.com/2019/12/13/china-is-awfully-quiet-amid-reports-it-has-agreed-to-phase-one-trade-deal-with-the-us-in-principle.html

Trump casts doubt on China deal

https://thehill.com/policy/finance/474426-trump-casts-doubt-on-china-deal

Democrats, GOP Reach Deal to Avert Government Shutdown

https://www.bloomberg.com/news/articles/2019-12-12/deal-reached-to-avert-government-shutdown-democrat-lowey-says-k437yj94

Europe’s ‘Green Deal’ Opens Door to Economic Renewal—And Risks

https://www.bloomberg.com/news/articles/2019-12-13/europe-s-green-gamble-opens-door-to-economic-renewal-and-risks

World Is Stuck With the Dollar as the Reserve Currency

https://www.bloomberg.com/view/articles/2019-12-11/world-is-stuck-with-the-dollar-as-the-reserve-currency

60% of big US corporations say a head count reduction is coming in 2020

https://www.cnbc.com/2019/12/12/60percent-of-big-us-corporations-say-head-count-reduction-is-coming-in-2020.html

Jobless claims suddenly jumped to a two-year high

https://www.cnn.com/2019/12/12/economy/unemployment-benefits-jobless-claims/index.html

The world has its first $2 trillion company. But for how long?

https://www.cnn.com/2019/12/12/investing/saudi-aramco-2-trillion/index.html

Home Depot blames the opioid crisis for shoplifters stealing millions

https://www.dailymail.co.uk/news/article-7783201/Home-Depot-blames-opioid-crisis-wave-shoplifters-stealing-millions-goods.html

Thursday, December 12, 2019

These 4 changes helped Trump and Democrats agree to the USMCA trade deal

https://www.pbs.org/newshour/economy/making-sense/these-4-changes-helped-trump-and-democrats-agree-to-the-usmca-trade-deal

China, Turkey and Brazil top emerging market CDS trading volumes

https://www.reuters.com/article/uk-emerging-market-cds-idUKKBN1YG015

China retaliatory tariffs cost billions in lost consumption: study

https://www.reuters.com/article/us-usa-trade-china-economy-idUSKBN1YF23W

Watch Out For China’s Currency In Case Of No-Deal Scenario

https://www.forbes.com/sites/aliciagarciaherrero/2019/12/11/watch-out-for-chinas-currency-in-case-of-no-deal-scenario/

Opinion: Congress might have to actually cough up for everything it promises to pay for. Imagine that

https://www.latimes.com/opinion/story/2019-12-11/supreme-court-insurers-owed-by-congress

The Federal Reserve’s ‘dot plot’ sent the wrong signal again

http://www.marketwatch.com/story/the-federal-reserves-dot-plot-sent-the-wrong-signal-again-2019-12-11

Powell says changes to Fed’s inflation-fighting framework will be meaningful

http://www.marketwatch.com/story/powell-says-changes-to-feds-inflation-fighting-framework-will-be-meaningful-2019-12-11

Argentina to Hold Talks With Bondholders to Delay Debt

https://www.bloomberg.com/news/articles/2019-12-11/argentina-says-it-will-open-talks-with-bondolders-to-delay-debt

Fed Leaves Rates on Hold; Forecasts Show No Change Through 2020

https://www.bloomberg.com/news/articles/2019-12-11/fed-leaves-rates-unchanged-and-forecasts-show-no-change-in-2020

Tuesday, December 10, 2019

US deficit soars to $342 billion in two months

https://www.foxbusiness.com/markets/us-deficit-soars-by-342-billion-in-first-2-months-of-fiscal-year

Americans keep gorging on debt, thanks to the Federal Reserve

http://www.marketwatch.com/story/americans-keep-gorging-on-debt-thanks-to-the-federal-reserve-2019-12-10

World trade without rules? US shuts down WTO appeals court

https://apnews.com/8e0accfe7fb3fc10b97c87c2b7e00cd8

Africa Borrowing Like It’s the 1990s Worries the IMF

https://www.bloomberg.com/news/articles/2019-12-10/african-countries-borrowing-like-it-s-the-1990s-worries-the-imf

Water Levels at World’s Biggest Dam Sink to Two-Decade Low

https://www.bloomberg.com/news/articles/2019-12-10/world-s-biggest-dam-at-its-emptiest-in-more-than-two-decades

Refinancing surges as homeowners pull out the most cash in 12 years

https://www.cnbc.com/2019/12/09/refinancing-surges-as-homeowners-pull-out-the-most-cash-in-12-years.html

Gundlach: The 2020s will see 'real turmoil' as US debt woes come home to roost

https://finance.yahoo.com/news/jeffrey-gundlach-on-outlook-for-2020-decade-182455166.html

Investors are terrified of something a year from now and they're placing bets to hedge themselves

https://www.cnbc.com/2019/12/09/investors-are-terrified-of-something-a-year-from-now-and-theyre-placing-bets-to-hedge-themselves.html

‘End of the world’: This futurist has some grim news for the middle class

http://www.marketwatch.com/story/end-of-the-world-this-futurist-has-some-grim-news-for-the-middle-class-2019-12-09

U.K. Economy Fails to Grow Ahead of Brexit-Dominated Election

https://www.bloomberg.com/news/articles/2019-12-10/u-k-economy-fails-to-grow-ahead-of-brexit-dominated-election

Friday, December 6, 2019

World Bank adopts $1 billion-plus annual China lending plan over U.S. objections

https://www.reuters.com/article/us-worldbank-china-idUSKBN1YA038

As China’s ‘Belt And Road’ Initiative Replaces U.S. On Global Stage, The Implications For Energy And Trade

https://www.forbes.com/sites/kensilverstein/2019/12/05/as-the-us-becomes-isolationist-china-is-becoming-globalist-the-implications-for-energy-and-trade/

German Industrial Slump Deepens With Worst Output Drop in Decade

https://www.bloomberg.com/news/articles/2019-12-06/german-industry-gets-nasty-reminder-of-fragility-as-output-drops

One of Wall Street’s Most Lucrative Businesses Is at Risk

https://www.bloomberg.com/news/articles/2019-12-06/silicon-valley-curbs-ipo-fees-with-help-from-citadel-securities

The Federal Reserve is prolonging the trade war, keeping the biggest financial bubble in history going – and risking the entire global system

https://www.scmp.com/comment/opinion/article/3040618/federal-reserve-prolonging-trade-war-keeping-biggest-financial

Germany factory output unexpectedly falls — its 'industrial recession may be getting worse'

https://www.insider.com/germany-october-factory-output-falls-industrial-recession-getting-worse-2019-12

A ‘clear, unambiguous and broad-based’ economic slowdown means stocks go nowhere in 2020, says Deutsche Bank strategist

http://www.marketwatch.com/story/a-clear-unambiguous-and-broad-based-economic-slowdown-means-stocks-go-nowhere-in-2020-says-deutsche-bank-strategist-2019-12-05