MARKET NEWS / CREDIT BUBBLE DAILY

Wednesday, August 28, 2019

MARKET NEWS / CREDIT BUBBLE DAILY
Wednesday, August 28, 2019
Doug Noland Posted on August 27, 2019

[Reuters] Global stocks under pressure as bond markets ring recession alarms

[Reuters] Pound plunges as Johnson restricts parliament’s time before Brexit

[Reuters] U.S. yield curve inverts further, 30-year yields hit new record low

[Reuters] Argentine country risk rises to 2,037 basis points, a 14-year high

[Reuters] Gold holds near 6-year peak on slowdown fears, trade jitters

[Reuters] Oil gains as inventory decline eases recession concerns

[BBC] Boris Johnson asks Queen to suspend Parliament

[Reuters] Uproar as Johnson cuts parliament time before Brex

[Reuters] Italy inches closer to new government as parties haggle

[Reuters] U.S. mortgage activity posts biggest fall in four months: MBA

[Reuters] Exclusive: China denies Qingdao port visit for U.S. warship amid tensions

[Reuters] U.S. warship sails in disputed South China Sea amid trade tensions

[Bloomberg] Boris Johnson to Suspend Parliament, Triggers Backlash: Brexit Update

[Bloomberg] Yuan’s Longest Drop Since 2015 Hangs in Balance After Strong Fix

[Bloomberg] Crazy Midwest Weather Spurs Hardest Year Ever for U.S. Farmers

[NYT] Chinese Currency’s Drop Isn’t Entirely in Beijing’s Control

[WSJ] National-Security Concerns Threaten Undersea Data Link Backed by Google, Facebook

[WSJ] China’s Potential New Trade Weapon: Corporate Social Credits

[FT] China to impose ‘social credit’ system on foreign companies

[FT] Why Japan-South Korea relations have soured

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