News 

Morning Rundown: Harvey Weinstein confronted in bar, California wildfires, troops to protect Syria oil and Astros fire exec

“The Justice Department’s review of the Russia probe turns into a criminal investigation, thousands flee California wildfires and a joyful flip in the week in pictures” writes Petra Cahill Is for nbcnews.com. Adam Schiff, who is chairman of the House Intelligence Committee, and Jerrold Nadler, who heads the House Judiciary Committee, called the reports of a criminal investigation troubling.A probe by Attorney General William Barr into the origins of the Russia investigation has changed from an administrative review into a criminal investigation, a person familiar with the review confirmed to…

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Markets News 

Corporate bonds may be paying too little spread to offset fourth-quarter selloff risks

“Risks of a U.S. corporate bond selloff often run high into the final months of the year when liquidity can get pinched and credit spreads widen” writes Sunny Oh for marketwatch.com. The week also saw several additional warnings about corporate leverage, with the International Monetary Fund pointing to a potential $19 trillion corporate debt mess if the next recession is half the magnitude of the 2007-2008 crisis.Check out: Credit-rating firms raise more alarms about the weakest corporate borrowers Bank of America Merrill Lynch analysts estimate the net amount of bonds…

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Trading ideas, multicharts, and live widgets – SimpleFX unveils new features with lower spreads

“If you need a fast and reliable trading app with 1:500 leverage the “March Madness” promo a great opportunity togive SimpleFX.com a try” reports forexlive.com. Trading Ideas solve this problem as SimpleFX traders can publish and share direct instructions and tips.The publisher will get up to 25% lifetime revenue share from any transaction spread ever generated by the new SimpleFX customer.Each Trading Idea carries the user’s referral link that will track the registrations and trades to pay out the lifetime revenue share. Source: forexlive.com

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Markets News 

Modern Monetary Theory could cause one big problem for financial markets

“For financial markets, that could mean serious consequences for long-term rates and credit spreads” writes Gina Heeb for businessinsider.com. Interest would become a new expenditure in the budget, she said, but that payment would be made by instructing the Federal Reserve to credit the bondholders’ account.You can probably guess how markets would react if the government suddenly decided to just print money to fund its projects. Source: businessinsider.com

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Europe’s satellites flying blind as space junk spreads: ESA adviser

“We are getting around 100 alarms a day about approaching particles,” said Thomas Reiter, an adviser to the European Space Agency (ESA)” writes Midwest Communications Inc for 95kqds.com. BERLIN (Reuters) – Europe needs its own technology to guard against a growing threat to its satellites from space junk ranging from dead satellites to tiny particles, according to a top adviser to the European Space Agency (ESA). Source: 95kqds.com

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Markets News Regulators 

Focused on Powell, markets missed signs Fed would pause

“However, the Powell Fed caught markets off guard with extremely dovish messaging both in its post-meeting statement and in the Fed chair’s news conference that followed” writes Midwest Communications Inc for 95kqds.com. Though they missed earlier signs of a pause, markets and economists are now fully on board. Source: 95kqds.com

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Ebola spreads to high-risk area of Congo: WHO

“GENEVA (Reuters) – Democratic Republic of Congo’s Ebola outbreak has spread southwards into an area with high security risks, the World Health Organization said” writes Midwest Communications Inc for 95kqds.com. “The outbreak has also extended southwards to Kayina health zone, a high security risk area,” the WHO said in its statement late on Thursday.The fight against Ebola depends on tracing people who may have had contact with the disease and could fall ill and spread it further. Source: 95kqds.com

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Outside DC circus, shutdown havoc spreads…

“Yet some Coast Guard families have faced food emergencies and other crises because of the shutdown, said Katie Walvatne, 34, president of the south-east Connecticut Coast Guard Spouses Association” writes Tom Mccarthy for theguardian.com. Some federal employees have had to tap into their retirement plans.Unpaid Coast Guard enlistees have had to turn to food banks to feed their families.Elsewhere, the shutdown has interrupted basic government functions, such as processing tax returns, providing food assistance and supporting low-income housing. Source: theguardian.com

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