TOP MARKETS NEWS: Week 01/13 – 01/19

Weekend 01/18 & 01/19

944 Trillion Reasons Why The Fed Is Quietly Bailing Out Hedge Funds – Zerohedge



Friday 01/17

China’s growth rate hits 29-year low; Alphabet joins $1tn club – business live – guardian
Hang Seng Index gives up gains to end morning session lower – live – scmp

Lipper U.S. Weekly FundFlows Insight Report: Fixed Income Funds Drive the Week’s Overall Net Inflows – lipperalpha
US Industrial Production Suffers Worst Year Since 2015 – Zerohedge

‘A new world disorder’: Global leaders head to Davos 2020 in search of stability – cnbc
China Growth Slows To 29 Year Low In 2019 Despite Q4 Rebound – Zerohedge



Thursday 01/16

Doubts linger over US-China trade deal – business live – guardian
Hang Seng Index fluctuates to trade marginally higher in afternoon session – scmp

What Could Spoil 2020? – Zerohedge
Fink’s Climate Pledge Pays Off With BlackRock’s Green ETF Adding Record Cash – Bloomberg
Managed trade: Centerpiece of US-China phase one deal – piie
Trump Tax Cut Hands $32 Billion Windfall to America’s Top Banks – Bloomberg

China’s Largest Utility Company Warns “Growth To Decelerate Sharply Through 2024” – Zerohedge
December Retail Sales Upside Surprise Despite Online Sales Slowdown – Zerohedge
EU says will assess if U.S.-China deal meets global trade rules – Reuters
German Consumer prices in 2019: +1.4% on a year earlier – destatis
Kyle Bass’s Doomsday Call on Hong Kong Isn’t Convincing Markets – Bloomberg
German Industry “Stuck In Recession,” No Signs Of Bottom, Warns BDI – Zerohedge
China’s middle class frets the ‘good times’ are over amid sliding house prices, stagnant wages – scmp
Russia reshuffle: mind the budget policy – ing
Text of the U.S.-China Phase One Trade Deal – caixin




Wednesday 01/15

Climate emergency and extreme weather are top risks to global economy – business live – guardian
Hang Seng Index slips as sell-off continues amid renewed concerns over trade deal – scmp

Stocks touch record highs before giving up most of those gains into the close – cnbc
Crop Markets Show Little Excitement Over U.S.-China Deal – Bloomberg
Here’s what China agreed to buy from the US in the phase one trade deal – cnbc
Here Is The Full Text Of The “Phase One” US-China Trade Deal – Zerohedge

The U.S.-China War Over Trade and Tariffs, Explained – Bloomberg
Hong Kong on Verge of ‘Full-Fledged Banking Crisis,’ Hayman’s Bass Says –  – Bloomberg
“What Utter Madness”: Albert Edwards Finds The PEG Ratio Has Never Been Higher – Zerohedge
Beige Book Cites Even Worse Labor Shortages (But No Wage Increases), Some Tariff Costs Passed On To Consumers – Zerohedge
Saxo Bank: “We Are Putting Out An Early Warning: A Sharp Correction In Equities Could Be Imminent” – Zerohedge

Bank of America beats analysts’ profit estimate on rebound in bond-trading revenue – cnbc

Phase one trade deal should boost 2020 profits, Invesco’s Kristina Hooper predicts – cnbc
Treasury Secretary Mnuchin says a ‘phase 2’ US-China trade deal will reverse more tariffs – businessinsider
Fed could use negative rates if US recession strikes, Goldman Sachs chief economist predicts – cnbc
Debt Eruption Coming: Kudlow Says “Tax Cut 2.0” Will Be Unveiled Later This Year – Zerohedge
Four Charts Show How Europe’s Credit Market Keeps on Growing – Bloomberg
The world’s largest hedge fund sees gold rising 30% to $2,000: ‘There is so much boiling conflict’ – cnbc
The Swiss Franc Is Rallying, But Will the Central Bank Intervene? – Bloomberg
Goldman Sachs fourth-quarter revenue tops expectations on trading rebound – cnbc
Germany posts worst annual growth since 2013 – cnbc


Tuesday 01/14

Investment giant BlackRock bows to climate emergency pressure – business live – guardian
Hang Seng Index snaps three-day winning streak with Tencent and AAC Tech leading the decline – live – scmp

Yen gains, yuan weakens on report tariffs on China to stay through U.S. election – Reuters
Trump administration plans to restrict media access to market data: report – thehill
The Fed could cut interest rates 3 times this year, UBS predicts – cnbc
U.S. bank executives offer cautious optimism heading into 2020 – Reuters

Reality Versus The Repo Lightening – Zerohedge

Stocks Slip From Record Highs As Risk Demand Reaches “Historic Turning Point” – Zerohedge

Repo Shrinkage Begins In February: That’s When Fed Cuts Each Term Repo By $5 Billion – Zerohedge
Fed Considering Lending Cash Directly To Hedge Funds In Next Repo Market Crisis  – Zerohedge

Hedge funds could make potential repo market fix hard to stomach – fnlondon

Swiss franc hits 33-month high after U.S. watchlist inclusion – Reuters
BlackRock threatens backlash against firms who delay climate change action – Reuters
Consumer prices rise in 2019 at fastest pace in eight years, CPI shows, but inflation still muted – Marketwatch
Wells Fargo shares slide 2.8% premarket after profit and revenue miss – Marketwatch
Visa Is Buying Plaid for $5.3 Billion. Here’s Why – barrons
JPMorgan beats estimates on strong trading, underwriting – Reuters
Annual global PC sales grow for the first time in 8 years – Marketwatch
China to ramp up U.S. car, aircraft, energy purchases in trade deal: source – Reuters

China’s stock market to attract US$43.5 billion in fresh foreign capital this year, UBS says – scmp
China posts strong December exports as world awaits Sino-U.S. trade deal signing – Reuters



Monday 01/13

Business live – guardian
Notes From the Trading Desk – Europe – franklintempleton
Hang Seng Index jumps 0.8 per cent on the back of gains in Tencent, Alibaba – live – scmp

Equity Funds Suffer Largest One-Year Net Redemptions on Record Despite Strongest Returns Since 2009 – lipperalpha
An “Unprecedented Divergence” Has Opened Between Stocks And Earnings – Zerohedge

Global debt shattering records: IIF  – Reuters
Vanguard’s 1% U.S. Growth Call Is Rooted in Bond Market’s Wisdom – Bloomberg
China is really worried about unemployment. Here’s what it’s doing to avoid mass layoffs – cnn
It’s Time To Pay Attention To Commercial & Industrial Loans – Zerohedge
TSLA Tops $500 For First Time – Zerohedge
Auto industry cautious as China starts 2020 with forecast of a 2% sales decline – Reuters
UK economic growth weakest since 2012 in November – Reuters
Phase One And Done: Key Events In The Busy Week Ahead – Zerohedge