TOP NEWS: Week 11/13 – 11/19

Weekend 11/18 & 11/19

ECB Proposes End To Deposit Protection – Zerohedge
Before You Book That Vacation, JPM Warns Multiple Spoilers Are Converging In November – Zerohedge
China Home Prices Stop Three-Month Drop as Market Stabilizes – Bloomberg


Friday 11/17

Business Live – guardian

Erdogan Ends Rates Truce, Decrying Central Bank’s `Wrong Path’ – Bloomberg
Euro Junk-Bond ETF Assets Plunge to Lowest Since June ’16: Chart – Bloomberg

VW Is Said to Budget $85 Billion for Five-Year Spending Plan – Bloomberg
Bitcoin Is the New Crisis Currency – Bloomberg
The 1000-year bond: A Danish energy company just issued debt with a maturity date of 3017 – businessinsider
India: Recovery ahead – Nomura – fxstreet
Tesla Unveils ‘World’s Fastest Production Car’ and Electric Big Rig – Bloomberg
Norway Idea to Exit Oil Stocks Is ‘Shot Heard Around the World’  – Bloomberg
Carillion Plunges as U.K. Builder Warns on Covenants – Bloomberg

Moody’s First India Upgrade in 14 Years Bets on Modi Reforms – Bloomberg


Thursday 11/16

Business Live – guardian

Venezuela, PDVSA CDS Triggered: ISDA Says Credit Event Has Occured – Zerohedge
Swiss Help Bitcoin Bears Profit With World’s First Short Notes – Bloomberg
Predicting the Electric Car Crash – handelsblatt
Bitcoin Hits Record Just Days After a 29% Plunge – Bloomberg
UBS Reveals The Stunning Reason Behind The 2017 Stock Market Rally – Zerohedge
House Passes Tax Bill in First Step Toward Historic Overhaul – Bloomberg
eldstein warns $9.5 trillion of stock market value at risk from loose Fed policy – Marketwatch
Goldman Reveals Its Top Trade Recommendations For 2018 – Zerohedge

US industrial production rose 0.9% in Oct, vs 0.5% increase expected – cnbc

Norway’s $1 Trillion Wealth Fund Wants Out of Oil and Gas Stocks – Bloomberg

`Warren in a Box’ to Pick Stocks for First Nordic AI Fund – Bloomberg
Window-Dressing May Help Markets Regain Momentum Into Year-End – Bloomberg
Housing Shock Conjures Swedish Crisis Ghost – Bloomberg
Italy’s Carige struggling with cash call as ECB deadline looms – Reuters
Dollar in Danger of Weakening for Six Years, Morgan Stanley Says – Bloomberg

Deutsche Bank Says Junk Bonds Are a Buy, But Be Ready to Get Out – Bloomberg
Central bank continues to inject liquidity into market – xinhuanet



Wednesday 11/15

Business Live – guardian

Albert Edwards On The Selloff: “Comparisons With October 1987 Are Entirely Justified” – Zerohedge
Republican Sen. Ron Johnson will oppose current GOP tax bill – cnbc

Activists, Including Cerberus, Take 6.9% Stake In Deutsche Bank – Zerohedge
Private Equity Giant Cerberus Emerges as New Deutsche Bank Shareholder – Bloomberg
Empire Fed Tumbles Most In 7 Months, But ‘Hope’ Surges To 5 Year Highs – Zerohedge
Retail Sales Growth Slows In October As Storm Surge Fades – Zerohedge
U.S. Core-Inflation Gauge Picks Up for First Time Since January – Bloomberg
Russia says Venezuela to pay it back $3.15 billion over 10 years – Reuters
A Turning Point for Greece – Bloomberg

The best-performing tech IPO this year may have just hit a wall – cnbc

The Federal Reserve doesn’t understand what’s happening to a key economic model, Fed’s Charles Evans says – cnbc

OPEC Approaches Meeting Without Clear Plan on How to Extend Cuts – Bloomberg
Morgan Stanley is upbeat about China’s ‘new economy with scale’ – cnbc
Dollar under pressure after economic data – Marketwatch
U.K. Labor Market Shows Signs of Slowing as Employment Falls – Bloomberg
Italy’s finance minister: ‘We expect debt to decline aggressively’ – cnbc
Economists at Odds With Bond Traders on Global Inflation Outlook – Bloomberg
Sweden: The World’s Biggest Housing Bubble Cracks – Zerohedge
This Chinese tech giant could soon be worth more than Facebook – cnn
Is Zimbabwean President Mugabe on the Way Out?: QuickTake Q&A – Bloomberg
Japan’s economy posts longest growth streak since 2001 – bbc



Tuesday 11/14

Business Live – guardian

Tax cut plan: Affordable housing could lose big in Republican proposals – usatoday
High-Yield Canary Isn’t Singing About Markets Doom – wsj
Household debt rises by $116 billion as credit-card delinquencies pile up – Marketwatch
Roku Stock Downgraded On Valuation After Spiking To Record High – investors
GE’s Market Cap Surpassed By Boeing for First Time Ever – wsj
Why GE shares could be a value trap for years to come – cnbc
Silicon Valley blasts Senate proposal to tax startup options – Reuters
Fitch Downgrades Venezuela’s LTFC Rating to ‘RD’ – fitch
Wall Street is stunned after General Electric’s ‘unsettling’ investor day, expects more bad news – cnbc

Producer Prices Surge At Fastest Rate In Almost 6 Years – Zerohedge

Deutsche Bank cuts German equities to ‘underweight’, ups Switzerland – Reuters

U.K. Inflation Holds at 3% as Cheaper Fuel Offsets Food Prices – Bloomberg

Millionaire Bankers Feel Sorry for Struggling Millennials – Bloomberg

Euro Takes out 1.1700 – bk

German Economy Beats Forecasts, Heads for Best Year Since 2011 – Bloomberg
U.S. will dominate oil and gas by 2025 after historic shale boom, IEA says – Marketwatch
More Pain Ahead for China Bonds After 10-Year Yield Breaches 4%  – Bloomberg
Chinese government bonds are under pressure – businessinsider
Economist Jim O’Neill on why you should stop getting scared about China’s debt pile – cnbc
China’s Economy Moderates as Retail, Factories, Investment Slow – Bloomberg
Venezuela offers chocolates but little else to creditors – cnbc

Venezuela Declared in Default by S&P After Missing Bond Payments – Bloomberg


Monday 11/13

Business Live – guardian

Ray Dalio Goes On Gold Buying Spree, Adds 575% To GLD Holdings, Becomes 8th Largest Holder – Zerohedge

Roku Founder Becomes Billionaire After Shares Double in Three Days – Bloomberg
Kuroda Says Not Easy to Dispel Japan’s Deflationary Mindset – Bloomberg
UBS Makes A Striking Discovery: Ex-Energy, US GDP Growth Is The Slowest Since 2010 – Zerohedge
Bond Investors Just Swapped Credit Risk for Duration Risk – Bloomberg
Emerging-Market Bonds See Biggest Yield Jump Since Trump Victory – Bloomberg

Morgan Stanley: Amazon could be $1 trillion company within a year – cnbc

“This Doesn’t End Well”: SocGen Explains Why US Balance Sheets Are Far Worse Than They Appear – Zerohedge

OPEC Boosts 2018 Demand Forecast, Signaling Faster Rebalancing – Bloomberg
Qualcomm Rising: Rejects Broadcom Bid for ‘Significantly Undervaluing’ – barrons
The U.S. Yield Curve Is Flattening and Here’s Why It Matters – Bloomberg

How Saudi Crown Prince Mohammed Bin Salman Purged Rivals – nbcnews
For The First Time Since The Financial Crisis GE Slashes Dividend In Half – Zerohedge
BP CEO reveals Venezuela is his main geopolitical concern for the oil industry – not the Middle East – CNBC
Forget Vanguard, Insurers Now Have Their Own ETFs to Sell You – Bloomberg
OPEC likely to extend supply cuts in bid to rebalance the market, UAE energy minister says – cnbc
Five Things You Need to Know to Start Your Day – Bloomberg
Junk-Bond ETFs Shed $1.3 Billion in a Week as Rout Picks Up Pace – Bloomberg
Bitcoin Plunges 29% From Record High – Bloomberg
Iceland House Prices Soar 56%, But This $1 Billion Fund Keeps Buying – Bloomberg
China shopping festival smashes record with $25 billion haul – foxbusiness


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