MARKET NEWS / CREDIT BUBBLE DAILY

Friday, May 29, 2020

MARKET NEWS / CREDIT BUBBLE DAILY
Friday, May 29, 2020
Doug Noland Posted on May 28, 2020

[Reuters] Stocks slip as investors await Trump’s Hong Kong response

[AP] US consumer spending sinks by record 13.6% in face of virus

[Reuters] U.S. consumer spending tumbles in April

[CNBC] Trump’s China press conference could mark the end of his cautious approach to Beijing

[Reuters] China may buy less American farm products if U.S. issues severe HK response: sources

[Yahoo/Bloomberg] Battle for Hong Kong Is Shifting to City’s Financial Markets

[CNBC] Coronavirus live updates: Russia sees most deaths in a day; FDA to face delays on clinical trials

[CNBC] Corporations raise $1 trillion in the bond market amid Fed backstop, double the pace of last year

[Reuters] Explainer: More central banks eye yield curve control. How does Japan’s work?

[Reuters] Attack on Taiwan an option to stop independence, top China general says

[Reuters] China says wants ‘peaceful reunification’ with Taiwan

[Bloomberg] U.S. Merchandise Trade Fell in April to Lowest Level in a Decade

[Bloomberg] U.S. Consumer Spending Plunges, Government Aid Boosts Incomes

[Bloomberg] China Markets Show Anxiety Over Looming $380 Billion Funding Gap

[Bloomberg] Taiwan Welcomes Those Resisting China in Face of Rising Pressure

[WSJ] Federal Reserve Ramps Up Deliberations on Asset Purchases, Rate Guidance

[WSJ] U.S. to Cancel Visas for Some Chinese Graduate Students

[FT] China threatens countermeasures after US criticism of Hong Kong law

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