Bond Investors Are Bracing for a Bubble And Being Smart About It

(Bloomberg) — The fear of a global bond bubble bursting has the market on edge, but it takes a brave investor to bet against a rally that smashed so many records.Instead, those seeking to guard against a sell-off are favoring less direct ways — shifting into shorter-dated debt that’s less vulnerable
— Read on ca.finance.yahoo.com/news/bond-investors-bracing-bubble-being-040001654.html

The Unlikely Chinese Cities Where House Prices Rival London

(Bloomberg) — Sign up for Next China, a weekly email on where the nation stands now and where it’s going next.London, Seattle, Manchester and, um, Xiamen.Some of the world’s priciest housing markets aren’t where you might think. A four-year property boom in China has elevated a collection of little-known
— Read on ca.finance.yahoo.com/news/unlikely-chinese-cities-where-house-210000283.html

China and US agree to meet in October for trade negotiations

China’s top trade negotiator Liu He spoke with USTR Robert Lighthizer and Treasury Secretary Steven Mnuchin Thursday, the Commerce Ministry said.
— Read on www.cnbc.com/2019/09/05/china-and-us-agree-to-meet-in-october-for-trade-negotiations-chinese-state-media.html

The Big Short’s Michael Burry says he has found the next market bubble

Michael Burry, one of the first investors to call and profit from the subprime mortgage crisis, is seeing a similar bubble in passive investing, according to Bloomberg News.
— Read on www.cnbc.com/2019/09/04/the-big-shorts-michael-burry-says-he-has-found-the-next-market-bubble.html

Capitalism is in a moment of crisis – and business leaders know it

The financial crisis and the Great Recession bared and exacerbated the consequences that came from embracing market forces in ways that 10 years of recovery have not erased, writes John Harwood.
— Read on www.cnbc.com/2019/09/04/capitalism-is-in-a-moment-of-crisis-and-business-leaders-know-it.html

Bank of Canada Balks at Joining the Global Rate-Cutting Trend – Bloomberg

The Bank of Canada resisted pressure from investors to signal it will soon follow global peers in easing monetary policy.
— Read on www.bloomberg.com/news/articles/2019-09-04/bank-of-canada-holds-rates-steady-even-amid-global-easing-trend

Traders Say More Rates Cuts After 32 in 2019 – Bloomberg

Central banks have delivered 32 interest-rate cuts globally this year as a worsening U.S.-China trade war drags down global economic growth. Swap markets suggest we’re not even at the halfway mark for cuts yet.
— Read on www.bloomberg.com/news/articles/2019-09-05/after-32-rate-cuts-in-2019-traders-say-much-much-more-to-come

Central Banks Dust Off Old Tools to Stem Risks From Easy Money – Bloomberg

As global central banks swing back into easing mode, old tools long frowned upon by monetary purists are being embraced to ensure cash goes where it’s needed.
— Read on www.bloomberg.com/news/articles/2019-09-04/central-banks-dust-off-old-tools-to-stem-risks-from-easy-money

Nobel Laureate Shiller Says U.S. Home Prices Could Start Falling – Bloomberg

Nobel laureate Robert Shiller said he “wouldn’t be at all surprised” if U.S. house prices soon started to decline.
— Read on www.bloomberg.com/news/articles/2019-09-05/nobel-laureate-shiller-says-u-s-home-prices-could-start-falling