Tuesday, May 3, 2016

Tuesday Evening Links

[Bloomberg] The $571 Billion Debt Wall That Points to More Defaults in China

[Bloomberg] China's Improbable Commodities Frenzy Leaves Stocks in the Dust

[Bloomberg] Venezuela Bonds Tumble After Oil Output Falls More Than Expected

[WSJ] China Presses Economists to Brighten Their Outlooks

[CNBC] Million-dollar home market slumps

[FT] Commodities become China’s hottest new casino

[FT] Italian banks extend share price rout

[NYT] China’s Steel Makers Undercut Rivals as Economy Slows

[NYT, Irwin] Workers Are Getting a Bit More of the Economic Pie (and Shareholders Less)

Tuesday's News Links

[Bloomberg] Stocks Slide on Lackluster Growth as Yen Gains; Treasuries Rise

[Reuters] Global stocks slide as yen, euro gains question policy thrust

[Bloomberg] Brazil Real Declines Amid Intervention as Emerging Markets Slump

[Reuters] Puerto Rico Defaults on Principal of $422 Million Debt Payment

[Bloomberg] Chinese Stocks in Hong Kong Fall Most in Five Weeks on Insurers

[Bloomberg] China's Caixin PMI Slips in April as Pockets of Weakness Remain

[Bloomberg] Freddie Mac Won't Pay Treasury Dividend After $354 Million Loss

[Bloomberg] Hedge Funds Under Attack as Steve Cohen Says Talent Is Thin

[Reuters] Steven Cohen: hedge fund crowding caused major February loss

[Bloomberg] The Super Rich Were the First to Bail During the Financial Crisis

[Bloomberg] Australia's Central Bank Cuts Rates to Record Low

[Reuters] China's banking regulator moves to contain off-balance sheet risk

[Bloomberg] China Clamps Down on Tool for Banks to Report Lower Bad Loans

[Reuters] China statistics bureau halts some commodities data amid probe

[Reuters] China home prices grow faster in April despite tightening in big cities

[FT] China financial regulator clamps down on shadow banking

[ABC] Puerto Rico Debt Crisis: Everything You Need to Know