MARKET NEWS / CREDIT BUBBLE DAILY

Tuesday, September 3, 2019

MARKET NEWS / CREDIT BUBBLE DAILY
Tuesday, September 3, 2019
Doug Noland Posted on September 2, 2019

[Reuters] Global stocks stumble toward two-month lows as U.S. data looms

[Reuters] Argentina’s peso under scrutiny following capital controls, as U.S. markets reopen

[AP] Pound slides on Brexit, on track for lowest close since 1985

[Reuters] Oil drops 2% as trade war rumbles on and output swells

[CNBC] It’s up to Trump to break the standstill in US-China trade war, says advisor to Beijing

[Reuters] Brexit showdown: British lawmakers bid to block PM leaving EU with no deal

[Reuters] China stimulus splurge would hurt rating – S&P Global

[SCMP] China concessions to US would be ‘grave error’ in any trade deal

[SCMP] China in new growth push to fight prolonged US trade war, top policy body indicates

[Yahoo/FT] Central banks are locked in currency wars they cannot win

[CNBC] Here’s a list of recession signals that are flashing red

[Bloomberg] China’s Most Indebted Firm Is Too Big to Fail

[WSJ] U.S.-China Trade War’s Global Impact Grows

[WSJ] Thinning Liquidity Adds to Headaches for Traders

[WSJ] Ailing Chinese Bank Stops Paying Coupons on CoCo Bonds

[WSJ] Chinese Steel Slowdown Slams Iron-Ore Prices

[FT] Argentina’s creditors face debt restructuring dilemma

[FT] Central banks are locked in currency wars they cannot win

[FT] Summer turns up the heat in corporate bond markets

[FT] Why central bankers may be hurting rather than helping lenders

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