MARKET NEWS / CREDIT BUBBLE DAILY

Thursday, May 24, 2018

MARKET NEWS / CREDIT BUBBLE DAILY
Thursday, May 24, 2018
Doug Noland Posted on May 23, 2018

[CNBC] Dow falls 100 points after President Trump says North Korean summit is off

[BloombergQ] Stocks Struggle as Trade Fears Linger; Euro Gains: Markets Wrap

[Reuters] Tariff fears hit car shares, lira back on the rack

[Reuters] Trump calls off meeting with North Korea’s Kim

[Reuters] Nikkei drops to over 2-week lows as U.S probe hits automakers

[Reuters] Trump urges a new ‘structure’ for U.S.-China trade deal

[BloombergQ] Trump’s Auto Tariffs Threat Targets Heart of German Economy

[BloombergQ] U.S. Home Values Are Rising at Their Fastest Pace in 12 Years

[Reuters] Merkel woos China as Trump poses new trade challenge

[Reuters] Any systemic risk from Italy could push euro down ‘5 big figures’ – Goldman

[BloombergQ] A Big Chill Silences Turkey’s Market Analysts Amid Lira’s Plunge

[CNBC] Take ‘trade tensions very seriously,’ Stephen Roach warns a painful US-China trade war could still hit stocks

[DailyBeast] Trump Adviser Peter Navarro Slams Steve Mnuchin as ‘Neville Chamberlain’

[NYT] Trump Initiates Trade Inquiry That Could Lead to Tariffs on Foreign Cars

[WSJ] Trump Tariff Threat Vexes Allies and Global Auto Makers

[WSJ] From Housing to Stocks, Rising U.S. Bond Yields Are Being Felt

[WSJ] Swamped by Growth, Silicon Valley Weighs Taxing Big Employers

[WSJ] Turkey’s Currency Meltdown

[WSJ] Taxpayers Are on the Hook in Banks’ Financial Engineering

[FT] Trump car tariff threat prompts global condemnation

[FT] ECB to maintain ‘steady hand’ in face of eurozone growth slowdown

[FT] ECB warns indebted countries on risk of flight from bonds

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