Here are some stories doing the rounds:
1) Orders to prop up Chinese stocks came from the top
Bloomberg reveals that a handwritten message from President Xi Jinping was written in July and instructed stock market regulators to "make sure to protect the interests of small and mid-level investors."
The Shanghai Composite bounced 24% from the July low but subsequently tumbled in August and again early this year. Bloombeg also reveals that state-backed funds bought stocks Friday ahead of the NPC.
2) The rich and powerful met on how to stop Trump
The Huffington Post reports that at a secretive American Enterprise Institute gathering off the coast of Georgia some of the most powerful people in the world, including CEOs, billionares and both Republicans and Democrats, met on how to stop Donald Trump.
Karl Rove made a presentation about a focus group's findings on Trump. These kinds of reports strengthen Trump as an anti-establishment figure, something he's more openly touting.
For more on Trump see: Trump represents America vs Washington (and why he's just the start)
3) Junk vs BB-rated
Bloomberg notes that the spread between bonds rated CCC and BB is at the widest since 2009. Despite the better tone in markets, no one wants to bet on high-yield debt.
