MARKET NEWS / CREDIT BUBBLE DAILY

Tuesday, July 2, 2019

MARKET NEWS / CREDIT BUBBLE DAILY
Tuesday, July 2, 2019
Doug Noland Posted on July 1, 2019

[Reuters] Relief rally fades as growth fears loom

[Reuters] Oil falls on demand worries even as OPEC, allies extend cuts

[Reuters] Gold gains as weak economic data hints at global slowdown

[Reuters] Treasuries – U.S. bond yields fall in early U.S. trading

[Reuters] USTR proposes $4 billion in potential additional tariffs over EU aircraft subsidies

[Reuters] Rich get richer, everyone else not so much in record U.S. expansion

[Reuters] China says only small number of firms moving supply chains out of the country

[Reuters] China to use RRR cuts to help reduce funding costs for small firms: Premier Li

[AP] Australia’s central bank cuts key interest rate 0.25% to 1%

[Reuters] Trump says Iran ‘playing with fire’ with uranium enrichment

[CNBC] IMF’s Lagarde in the running to replace Draghi at the ECB

[Reuters] China condemns violent Hong Kong protests as ‘undisguised challenge’ to its rule

[Reuters] UK warns China of serious consequences if Hong Kong rights not honored

[Reuters] Chinese newspaper calls for ‘zero tolerance’ over HK protests

[Bloomberg] Trump-Xi Love Arrives Too Late to Repair Trade-War Damage

[Bloomberg] ECB Policy Makers See No Rush for July Interest-Rate Cut

[Bloomberg] Hong Kong on Edge After Historic Night of Vandalism and Tear Gas

[NYT] $2 Trillion Worth of Deals Were Struck in the First Half of 2019, but Caution Crept In

[WSJ] Trade Progress Hides Undercurrent of Risks for Investors

[WSJ] Decline in Share Buybacks Deals Blow to Stock Market

[FT] Danger lurks beneath the consensus on Fed’s next rate move

[FT] Stocks are marching higher but corporate profits are not

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