Friday, January 24, 2020

Goldman to Refuse IPOs If All Directors Are White, Straight Men

Why the record $1.2 trillion pile of junk-rated debt coming due is a worry

http://www.marketwatch.com/story/why-the-record-12-trillion-pile-of-junk-rated-debt-coming-due-is-a-worry-2020-01-24

U.S. oil prices slip and on track for more than 5% weekly skid as coronavirus, supply fears punish market

http://www.marketwatch.com/story/us-oil-prices-slip-and-on-track-for-more-than-5-weekly-skid-as-coronavirus-supply-fears-punish-market-2020-01-24

EU, China, 15 Others Form Alliance to Settle Trade Disputes

https://www.bloomberg.com/news/articles/2020-01-24/eu-china-15-others-form-alliance-to-settle-trade-disputes

Amateur Investors Are Making Risky Bets That Could Wipe Them Out

https://www.bloomberg.com/news/articles/2020-01-22/amateur-investors-risk-losing-everything-in-hunt-for-yields

The rich have had enough of negative interest rates. Some are pulling cash out of Swiss banks

https://www.cnn.com/2020/01/23/investing/switzerland-cash-negative-rates/index.html

China To Ramp Up Shale Gas Production At Home | OilPrice.com

https://oilprice.com/Energy/Natural-Gas/China-To-Ramp-Up-Shale-Gas-Production-At-Home.html

As Coronavirus Spreads, Economists Run the Numbers on China

https://www.bloomberg.com/news/articles/2020-01-21/as-coronavirus-spreads-economists-start-to-run-numbers-on-china

A $46 Billion Bad-Loan Mirage Hints at U.S. Bank Rule’s Flaw

https://www.bloomberg.com/news/articles/2020-01-23/a-46-billion-bad-loan-mirage-hints-at-flaw-in-u-s-bank-rule

Friday, January 17, 2020

Trump just ran a two-year trade war experiment. It failed.

https://theweek.com/articles/889875/trump-just-ran-twoyear-trade-war-experiment-failed

Angela Merkel warns against demonizing China for its success

https://www.axios.com/angela-merkel-warns-demonizing-china-success-2fb61a28-8bc2-4a69-9f9d-d0a0e4a61194.html

The Federal Reserve is stuck in quantitative-easing hell

http://www.marketwatch.com/story/the-federal-reserve-is-stuck-in-quantitative-easing-hell-2020-01-16

Economists Don’t See Any U.S. Growth Bump From U.S.-China Deal

https://www.bloomberg.com/news/articles/2020-01-16/economists-don-t-see-any-u-s-growth-bump-from-u-s-china-deal

U.S. to Start Issuing 20-Year Bonds to Fund Rising Deficit

https://www.bloomberg.com/news/articles/2020-01-16/u-s-to-issue-20-year-bond-in-early-2020-to-finance-rising-debt

Europe Scrambles to Fight Off Threat of U.S. Tariffs on France

https://www.bloomberg.com/news/articles/2020-01-17/europe-scrambles-to-fight-off-threat-of-u-s-tariffs-on-france

U.K. Retail Sales Extend Worst Run on Record

https://www.bloomberg.com/news/articles/2020-01-17/u-k-retail-sales-extend-worst-run-on-record-despite-discounting

Student debt is over $1.6 trillion and hardly anyone is paying down their loans

https://www.cnbc.com/2020/01/16/student-loan-debt-is-over-1point6-trillion-and-balances-arent-going-down.html

Jerome Powell Secretly Knows the Federal Reserve Is About to Crash the U.S. Stock Market

https://www.ccn.com/jerome-powell-knows-federal-reserve-destroy-us-stock-market/

The Hidden Recession That Everyone Is Overlooking

https://www.fool.com/investing/2020/01/16/the-hidden-recession-that-everyone-is-overlooking.aspx

Under-the-radar bullish trend suggests the global economy is turning a corner

https://www.cnbc.com/2020/01/16/under-the-radar-bullish-trend-suggests-the-economy-is-turning-a-corner.html

Thursday, January 16, 2020

U.S. Retail Sales Post Solid Advance to Close Out Moderate 2019

https://www.bloomberg.com/news/articles/2020-01-16/u-s-retail-sales-post-solid-advance-to-close-out-moderate-2019

China's 'market condition' caveat on U.S. ag purchases adds to trade deal doubts

https://www.reuters.com/article/us-usa-trade-china-agriculture-idUSKBN1ZE2QE

US-China trade deal: Five things that aren't in it

https://www.bbc.com/news/business-51130434

Millennials prefer White Claw over wine — and it’s shaking up the alcohol industry

http://www.marketwatch.com/story/millennials-prefer-white-claw-over-wine-and-its-shaking-up-the-alcohol-industry-2020-01-15

Merkel makes clear she won’t join Trump in challenging China

http://www.marketwatch.com/story/merkel-makes-clear-she-wont-join-trump-in-challenging-china-2020-01-16

Jury Still Out As U.S. China Trade War Throws Up Winners, Losers

https://www.bloomberg.com/news/articles/2020-01-16/and-the-winner-of-the-u-s-china-phase-one-trade-deal-is

U.S.-China Trade Deal Reality Check: What’s New, What’s Unclear

https://www.bloomberg.com/news/articles/2020-01-16/u-s-china-trade-deal-reality-check-what-s-new-what-s-unclear

Militant Coal Miners Occupy Kentucky Railroad Over Unpaid Wages

https://www.vice.com/en_us/article/xgqd87/militant-coal-miners-occupy-kentucky-railroad-over-unpaid-wages

This free cash plan would pay you $1,320 per month and wouldn’t cost the government a cent

https://www.cnbc.com/2020/01/14/budget-neutral-universal-basic-income-plan-would-pay-1320-per-month.html

The last time this ‘clear danger sign’ flashed in the stock market was in 1999, and we all know what happened next

http://www.marketwatch.com/story/the-last-time-this-clear-danger-sign-flashed-was-in-1999-and-we-all-know-what-happened-next-fund-manager-warns-2020-01-15

Tuesday, January 14, 2020

Housing Upswing to Cushion U.S. Economy From Sluggish Investment

https://www.bloomberg.com/news/articles/2020-01-14/housing-upswing-to-cushion-u-s-economy-from-sluggish-investment

Oklahoma sues three opioid distributors over ‘man-made crisis’

http://www.marketwatch.com/story/oklahoma-sues-three-opioid-distributors-over-man-made-crisis-2020-01-13

US reverses China 'currency manipulator' label

https://www.bbc.com/news/business-51098294

US budget deficit running 11.8% higher this year

https://apnews.com/179b7a049feebdc199d1699408bb5310

America’s CFOs Are Warning Of A Recession. Here’s Why That’s An Important Indicator

https://www.forbes.com/sites/sergeiklebnikov/2020/01/13/americas-cfos-are-warning-of-a-recession-heres-why-thats-an-important-indicator/

SB50 Could Make California Livable Again - The Atlantic

https://www.theatlantic.com/ideas/archive/2020/01/sb50-california/604786/

Global Debt-to-GDP Ratio Hit an All-Time High Last Year

https://www.bloomberg.com/news/articles/2020-01-13/global-debt-to-gdp-ratio-hit-an-all-time-high-last-year

China Used the Rest of the World to Cushion Itself From Trump’s Tariff Barrage

https://www.bloomberg.com/news/articles/2020-01-14/china-used-rest-of-world-to-cushion-trump-s-2019-tariff-barrage

China’s 2019 Exports Edged Up as Total Trade With U.S. Declined

https://www.bloomberg.com/news/articles/2020-01-14/china-s-trade-with-u-s-fell-in-2019-global-surplus-widened

The world is drowning in debt

https://www.cnn.com/2020/01/13/economy/global-debt-record/index.html

Tesla is an ‘existential threat’ to automakers, says analyst with $612 price target

https://www.cnbc.com/2020/01/13/oppenheimer-analyst-tesla-is-an-existential-threat-to-automakers.html

Coal-fired power plants closing at near-record pace: report | TheHill

https://thehill.com/policy/energy-environment/478004-coal-fired-power-plants-closing-at-near-record-pace-report

Tuesday, January 7, 2020

The Student Loan Forgiveness Tax Bomb

https://www.forbes.com/sites/robertfarrington/2020/01/06/the-student-loan-forgiveness-tax-bomb/

Middle-income households haven’t recovered since the Great Recession — here’s a reason why

http://www.marketwatch.com/story/middle-income-households-havent-recovered-since-the-great-recession-heres-a-reason-why-2020-01-07

Red Sea Desert Locust Outbreak Threatens South Sudan, Uganda

https://www.bloomberg.com/news/articles/2020-01-07/red-sea-desert-locust-outbreak-threatens-south-sudan-uganda

Coal’s Collapse Has America’s Greenhouse Gas Emissions Falling

https://www.bloomberg.com/news/articles/2020-01-07/coal-s-collapse-has-america-s-greenhouse-gas-emissions-falling

Trade war: China’s refusal to lift grain quotas make Trump’s phase one import demands ‘more difficult’

https://www.scmp.com/economy/china-economy/article/3044958/trade-war-chinas-refusal-lift-grain-quotas-make-trumps-phase

Americans Rank A Google Internship Over A Harvard Degree

https://www.forbes.com/sites/brandonbusteed/2020/01/06/americans-rank-a-google-internship-over-a-harvard-degree/

China’s Tax Cuts Lifted Growth Almost 1 Percentage Point in 2019

https://www.bloomberg.com/news/articles/2020-01-07/china-s-tax-cuts-lifted-growth-almost-1-percentage-point-in-2019

Fed officials are increasingly warning that climate change could damage the economy

https://www.businessinsider.com/fed-warnings-comments-on-climate-change-could-damage-the-economy-2020-1

The Iran crisis could bring a bigger economic problem than surging oil prices: Morning Brief

https://finance.yahoo.com/news/iran-crisis-could-bring-bigger-problem-than-surging-oil-prices-morning-brief-110442656.html

Enjoy That 29% Rally? You Have These Folks to Thank

https://www.bloomberg.com/view/articles/2020-01-06/central-bank-easing-enabled-stock-rally-in-2019-expect-more

Saturday, January 4, 2020

Debt will kill the global economy. But it seems no one cares | Phillip Inman

https://www.theguardian.com/business/2020/jan/04/debt-will-kill-global-economy-pensions-ageing-population

America's economy needs to pull more workers into the labor force: Fed officials

https://finance.yahoo.com/news/federal-reserve-officials-us-economy-needs-to-pull-more-workers-into-the-labor-force-130043767.html

‘If you are wondering who benefits’: Weapons makers see stocks surge as Trump moves closer to war with Iran

https://www.rawstory.com/2020/01/if-you-are-wondering-who-benefits-weapons-makers-see-stocks-surge-as-trump-moves-closer-to-war-with-iran/

U.S. Factory Gauge Unexpectedly Falls to Lowest Since 2009

https://www.bloomberg.com/news/articles/2020-01-03/u-s-factory-gauge-unexpectedly-falls-to-lowest-level-since-2009

Yellen Says U.S. Minorities Are Being Driven Away From Economics

https://www.bloomberg.com/news/articles/2020-01-04/yellen-says-u-s-minorities-are-being-driven-away-from-economics

US manufacturing plunges deeper into recession

https://www.cnn.com/2020/01/03/economy/december-manufacturing-downturn/index.html

The Return To Misery

https://seekingalpha.com/article/4315097-return-to-misery?utm_source=smartnews.com&utm_medium=referral

Sales of Manhattan’s priciest apartments plunge almost 40% in fourth quarter

https://www.cnbc.com/2020/01/03/sales-of-manhattans-priciest-apartments-plunge-almost-40percent.html

Bill Gates: My $109 billion net worth shows the economy is not fair

https://www.cnbc.com/2020/01/03/bill-gates-americas-tax-system-is-not-fair.html

Thursday, January 2, 2020

An unknown ‘international shock’ will likely cause the next recession, Burton Malkiel says

https://www.cnbc.com/2020/01/02/burton-malkiel-unknown-international-shock-may-cause-next-recession.html

'The salt they pump back in kills everything': is the cost of Chile's fresh water too high?

https://www.theguardian.com/cities/2020/jan/02/the-salt-they-pump-back-in-kills-everything-is-the-cost-of-chiles-fresh-water-too-high

The Dollar’s Losses May Just Be Getting Started

https://www.bloomberg.com/news/articles/2020-01-02/dollar-s-losses-may-be-just-getting-started-on-trade-truce-fed

Music Streaming Soared From 7% to 80% of U.S. Market in the 2010s, RIAA Stats Show

https://variety.com/2019/biz/news/music-streaming-soared-2010s-decade-riaa-1203454233/

Is your 2020 Medicare plan messed up? Here’s how to fix it | The Kansas City Star

https://www.kansascity.com/news/business/health-care/article238273393.html

Negative Interest Rates Aren’t Such a Departure After All

https://www.bloomberg.com/view/articles/2020-01-02/negative-interest-rates-aren-t-such-a-departure-after-all

What Could Possibly Repair The U.S.-Chinese Relationship? U.S. Energy Exports

https://www.forbes.com/sites/kensilverstein/2020/01/01/what-could-possibly-repair-the-us-chinese-relationship-us-energy-exports/

UK economy starting 2020 in ‘stagnation’ and uncertainty, British Chambers of Commerce warn

https://www.independent.co.uk/news/uk/politics/uk-economy-brexit-boris-johnson-trade-deal-eu-a9266491.html

Major Cities Face High Risk of Flooding According to a Goldman Sachs Report | ArchDaily

https://www.archdaily.com/930963/major-cities-face-high-risk-of-flooding-according-to-a-goldman-sachs-report