Monday, October 30, 2017

Tuesday's News Links

[Bloomberg] Stocks Extend Gains; Euro Drops as Inflation Slows: Markets Wrap

[Bloomberg] Home-Price Gains in 20 U.S. Cities Showed Acceleration in August

[Bloomberg] U.S. Employment Costs Pick Up on Faster Wage Gains at Factories

[Politico] Trump’s unusual chance to stack the Fed

[Bloomberg] BOJ Keeps Stimulus Unchanged as It Trims Inflation Outlook

[Bloomberg] China Factory PMI Falls From Five-Year High on Pollution Cleanup

[Bloomberg] China Takes Action After Bond Market Sell-off With One-Two Punch

[Bloomberg] Another China Company Defaults on Bond Payment as Borrowing Costs Jump

[Bloomberg] You Wanna See Something Really Scary? Try These Market Charts

[Reuters] Beijing seen poised for fresh South China Sea assertiveness

[NYT] Thanks to Wall St., There May Be Too Many Restaurants

[FT] IMF warns volatility products loom as next big market shock

[WSJ] China’s Dangerous Return to One-Man Reign

Monday Evening Links

[Bloomberg] U.S. Stocks Fall, Dollar Slumps as Treasuries Gain: Markets Wrap

[Bloomberg] House to Consider Five-Year Phase-in for Corporate Tax Cut

[Reuters] Trump likely to pick Fed's Powell to lead central bank: source

[CNBC] There are plenty of things that might be in this tax bill that could give the market indigestion

[CNBC] Savings rate hits lowest since financial crisis as Americans take on more risk

[Bloomberg] Homes Are Getting Snapped Up at the Fastest Pace in 30 Years

[Reuters] U.S. consumer spending grows at fastest pace since 2009, savings drop

[Bloomberg] Bitcoin's Market Cap Surges Past $100 Billion

[Reuters] China warns against attempts to contain Beijing before Trump visit

[NYT] Trump Is Expected to Name Jerome Powell as Next Fed Chairman

[WSJ] Bets on the Next Fed Chair: A History of Speculation Gone Wrong

[WSJ] ECB Decision Reopens Divide Atop Central Bank