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Hillary Clinton Lashes Out At China's "Bullying", Blasts Trump's "Bluster"

Hillary Clinton Lashes Out At China's "Bullying", Blasts Trump's "Bluster"

Seemingly in capable of heeding Senator John McCain's advice to stop whining and "just shut up," failed US presidential candidate Hillary Clinton slammed both U.S. President Donald Trump and Chinese leader Xi Jinping in remarks via video to a conference in Beijing on Tuesday.

As Bloomberg reports, Clinton said the Trump administration had retreated from diplomacy.

Stocks Whipsawed As Europe, US Futures Rebound From China Selloff; Dollar Slides

Stocks Whipsawed As Europe, US Futures Rebound From China Selloff; Dollar Slides

The traditionally illiquid post-Thanksgiving week has started with a series of whipsaws across stocks and bonds, as European stocks turned positive after starting the day on the back foot, initially mirroring a slide in Chinese stocks and price action in U.S. equity futures as investors look to a possible - and absolutely critical - tax-plan vote in the Senate this week.

Chinese Stock Rout Resumes As Top Fund Sees "High Probability" Of Bond Carnage

Chinese Stock Rout Resumes As Top Fund Sees "High Probability" Of Bond Carnage

In early November, we discussed how commentators were disturbed by the sell-off in Chinese government bonds after the Party Congress, which saw yields rise to 4.0%. The anomaly was that yields in less-liquid, unsecured Chinese corporate bonds had barely moved. Some sleuthing on the part of the Wall Street Journal discovered that the most likely explanation was that redemptions in China’s shadow banking sector, especially in the infamous $4 trillion Wealth Management Products (WMP), meant that cash needed to be raised…quickly. Highly liquid government bonds were the easiest option.

This Is The "Dilemma From Hell Facing CBs"

This Is The "Dilemma From Hell Facing CBs"

We present some somber reading on this holiday Sunday from Macquarie Capital’s Viktor Shvets, who in this exclusive to ZH readers excerpt from his year-ahead preview, explains why central banks can no longer exit the “doomsday highway” as a result of a “dilemma from hell” which no longer has a practical, real-world resolution, entirely as a result of previous actions by the same central bankers who are now left with no way out from a trap they themselves have created.

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