wiar 01-18-19

Mary FanslauWhat I Am Reading

January 18 (Friday) Markets Stocks rise after report says US considering easing China tariffs during negotiations (C) Investors pulled a record $143 billion out of active funds during December’s plunge (C) Midcap Stocks Try to Shed the ‘Orphaned Index’ Label (W) The view from a long-standing stockmarket bear (E) Central banks Central bankers lack the weapons to fight the next big recession (NN) Evans Says Fed Can Easily Be Patient and Assess Economic Outlook (B) Fed’s Quarles Upbeat on U.S. Economy (W) More BOJ Watchers See Kuroda Locked In to Policy for 2019 (B) US Inflation Is Nowhere in Sight (B) US politics Trump stops Pelosi’s trip to visit troops in Afghanistan right before plane was due to take off (C) Trump Pulls U.S. Delegation Out of Davos Forum, Citing Shutdown (B) Microsoft’s top lawyer says the government shutdown is ‘not good for business’ (C) Cohen Hired IT Firm to Rig Early CNBC, Drudge Polls to Favor Trump (W) Geopolitics & trade U.S. Debates Lifting China Tariffs to Hasten Trade Deal (W) Trump’s Trade War Forces Chinese Firms to Adapt or Die (B) China Offers Iran $3 Billion Oil Deal (W) Industries & companies FAANGs: Shareholders are pressuring Amazon to stop selling facial recognition tech to the government (C) Financials: American Express drops after missing Wall Street’s fourth-quarter expectations (C) Financials: The major bank earnings reports are all in and Morgan Stanley was the biggest loser (C) Media: Netflix Reports Paid Customers Rise on Strength Overseas (W) Retail: Walmart abandons plans for video streaming service and will focus instead on Vudu (C) Technology Driverless Cars Tap the Brakes After Years of Hype (W) Offbeat Globalization in transition: The future of trade and value chains Get Ready for the ‘Super Blood Wolf Moon’ (W)

wiar 01-17-19

Mary FanslauWhat I Am Reading

January 17 (Thursday) YRI Video Podcast. Analysts Lower the Bar for Earnings Season Video Podcast. Bull-Bear Ratio Is Bearish, Which Is Bullish Daily Markets Overview Markets Dow gains more than 100 points as Goldman posts best day in 10 years (C) Upbeat bank earnings send Wall Street to one-month highs (R) Stocks rally on average 30 percent when this happens in DC (C) BlackRock’s Assets Fall Sharply (W) Dollar-Hungry Chinese Borrowers Flock to Junk Bond Market (W) US U.S. labor market tightens, wages grow moderately: Fed Beige Book (R) Fed’s Beige Book Shows Concerns Mounting Among U.S. Businesses (W) Student loan debt is keeping young people from buying homes, Fed study finds (C) After a Strong 2018 for Retail Sales, Caution Flags Pop Up (W) Europe May wins confidence vote, seeks end to Brexit standoff (R) China Will China’s Economy Hit a Great Wall? (N) US politics Nancy Pelosi to Trump: Reschedule State of the Union or just submit it in writing (C) Homeland Security chief Nielsen: We can protect Trump’s State of the Union despite Pelosi claim (C) Geopolitics & trade China goes all out to boost its economy during trade talks, while the effect of U.S. stimulus fades (C) US pursuing criminal charges against Huawei for alleged theft of trade secrets: WSJ (C) Europe Restricts Steel Imports to Counter U.S. Trade Policies (W) Trump ‘inclined’ to impose new U.S. auto tariffs: senator (R) Industries & companies Autos: Ford Warns on Earnings (W) FAANGs: Apple is reportedly planning to cut back on hiring as iPhone sales weaken (C) FAANGs: Apple’s Guidance on Its Services Revenue Left Analysts With More Questions (W) FAANGs: Amazon is on a hiring spree in India, even as new restrictions on foreign sellers loom (C) FAANGs: ‘They Own the System’: Amazon Rewrites the Rules for Publishing (W) Financials: Bankers Shine, Traders Stumble as Goldman Profit Jumps (W) Retail: Nordstrom says sales at some stores ‘below expectations’ this holiday season (C) Corporate finance Fiserv to Acquire First Data in $22 Billion All-Stock Deal (W) Tribune Publishing Recently Tried to Rekindle Merger Talks With Gannett (W) Offbeat John Bogle, Vanguard founder and low-cost investing pioneer, dies at 89 (R)

wiar 01-16-19

Mary FanslauWhat I Am Reading

January 16 (Wednesday) YRI YRI Video Podcast: Bull-Bear Ratio Is Bearish, Which Is Bullish! Daily Markets Overview Markets Tech Shares Lead U.S. Stocks Higher (W) Don’t get too excited by earnings beats – the bar is set very low (C) Surging oil output will push US towards energy independence in 2020, Dept of Energy says (C) Shares of Italian Banks Fall as ECB Urges Bad-Loans Protection (W) Central banks The Fed’s Esther George indicates it’s time for a pause from rate hikes (C) Fed’s Robert Kaplan Urges Rate-Hike Patience for ‘Months, Not Weeks’ (B) Draghi Says Eurozone Economy Weaker Than Expected (W) US Weak U.S. producer prices support tame inflation picture (R) Europe Theresa May lost big on her Brexit deal vote — here’s what could happen now (C) Brexit bedlam: May’s deal defeated by 230 votes (R) Geopolitics & trade China Is a Dangerous Rival, and America Should Treat It Like One (N) Stung by Daughter’s Arrest, Huawei CEO Breaks Silence, Denies Spying (W) Industries & companies FAANGs: Apple reportedly replaced about 10 times more iPhone batteries than it expected to (C) FAANGs: Apple just announced $129 battery pack cases for its new iPhones (C) FAANGs: Great things are expected for (most) FAANG stocks in 2019 (MW) FAANGs: Netflix Raises Prices on All of Its Subscription Plans (W) FAANGs: This may be an even bigger issue for Netflix than the $2-a-month price hike (MW) Financials: Big Banks Find Sweet Spot (W) Financials: Wells Fargo Reports Revenue Drop, Extended Ban on Asset Growth (B) Financials: JPMorgan Debt-Trading Revenue Plunges to Lowest Since Crisis (B) Utilities: PG&E misses interest payment; bonds, shares dive (R) Offbeat Hackers broke into an SEC database and made millions from inside information, says DOJ (C)

wiar 01-15-19

Mary FanslauWhat I Am Reading

January 15 (Tuesday) With some ugly earnings reports rolling in, investors hope the bad news is ‘priced in’ (C) Apple Rattled Markets With China Warning. Who’s Next? (W) All Eyes on Corporate Guidance After Weak Economic Data (W) Investors are hiding out in cash: Assets in money market funds surge past $3 trillion (C) Central banks Richard Clarida Hints Fed May Not Raise Rates as Much as Projected (B) Clarida Says Fed Can Be Patient With Interest-Rate Increases (W) Yellen Warns Anecdotal Signs Show Businesses Putting a Pause on Spending (B) China’s Banks Can Handle a Rate Cut (B) Global OECD Sees Further Slowdown in Global Economy This Year (W) US US workers are winning, big time (P) US politics Why Democrats are unlikely to cave on Trump’s border wall as longest shutdown ever drags on (C) White House says Ivanka Trump is not under consideration for World Bank chief but helping search (C) GOP’s John Kasich is looking to join CNN or MSNBC as he considers running for president in 2020 (C) Geopolitics & trade Trump Bullish on China Trade Deal Ahead of Speech to U.S. Farmers (W) Spy Charges Put Huawei’s European Ambitions in Jeopardy (W) Industries & companies FAANGs: Alphabet Unit Tests New System to Identify Airborne Drones (W) Financials: Citigroup Swings to Profit Despite Trading Weakness (W) Industrials: The end of the GE ‘apocalypse’ is here, analyst says (C) Utilities: PG&E stock crashes nearly 50% as utility says it will file for bankruptcy because of wildfires liability (C) Technology Robot Hotel Loses Love for Robots (W) Offbeat Security Waits Top an Hour at Atlanta Airport Amid Shutdown (B) Suit Says Airbnb Used in $20 Million Illegal Hotel Scheme (W)

wiar 01-14-19

Mary FanslauWhat I Am Reading

January 14 (Monday) Markets Goodbye to Gloom (BR) Slow Earnings Growth, Dim Forecasts Weigh on Stocks (W) Slashed profit expectations may set stage for gains (R) Saudi energy minister says oil market on ‘right track’ (R) Qatar Investment Authority aims to reach $45 billion in U.S. investments: CEO (R) Central banks Why the Fed Backed Off (BR) Bank of China to enable payment in yuan on U.S. e-commerce platforms: Xinhua (R) US U.S. government shutdown may depress January job growth (R) China China to roll out measures to maintain stable employment: Xinhua (R) US politics The partial government shutdown is now the longest ever as Trump border wall fight rages on (C) GOP Senator Pushes Temporary Deal to Open Government (W) Getting rid of debt is a pressing issue for Gen X and younger boomers as retirement nears (C) Geopolitics & trade The White House reportedly asked the Pentagon for military plans to strike Iran (C) Industries & companies Airlines: Airline Stocks Are Pricing In a Downturn. We Disagree. (BR) Autos: Small Cars Are Losing Their Place in U.S. Auto Lineups (W) Autos: Ford has a lot riding on the Detroit auto show this year (C) Consumer: Exclusive: PG&E talking to banks on multibillion dollar bankruptcy financing – sources (R) FAANGs: Apple’s famous walled garden is starting to show cracks (C) Financials: Tax Cut Helped Banks’ Earnings Growth—But Not for Much Longer (W) Media: How ‘Aquaman’s’ $1 billion windfall is helping to lead the box-office charge of ‘B-list’ superheroes (C) Pharma: Why Bristol-Myers Squibb Can Be a Sweet Pill for Investors (BR) Retail: Macy’s just had its worst day ever, but there are still bargain buys in the retail space (C) Corporate finance Viacom Weighs Stake Sale in China (W) The Merger That Made a U.S. Gas Giant Is Failing (W)

wiar 01-12-19

Mary FanslauWhat I Am Reading

January 12 (Saturday) Markets Earnings season may turn up some stock market winners after December’s battering (C) US U.S. Consumer Prices Ticked Lower in December (W) U.S. Core Inflation Holds Steady as Energy Drags Down Main Index (B) U.S. Restaurant Prices Jump the Most Since 2011 (B) Japan How Aging Japan Defied Demographics and Revived Its Economy (W) China As world economy stumbles into 2019, eyes turn to China (R) US politics Trump Ends Talks on Shutdown, Raising Odds He’ll Declare Emergency (B) Trump says not in a rush to declare emergency in border wall fight (R) What Qualifies as a National Emergency? These Historic Events Offer a Guide (B) If the shutdown lasts two more weeks, the cost to the economy will exceed price of Trump’s wall (C) Republican senators roll out bill that would end all future shutdowns (MW) US politics II Ocasio-Cortez reportedly in line for banking post, and that could be bad news for Wall Street (C) Alexandria Ocasio-Cortez has kick-started the Democratic tax debate with her 70% marginal rate idea (C) Geopolitics & trade Xi’s Top Trade Aide to Visit U.S. for Talks, Shutdown Permitting (W) For Huawei, another week of bad headlines means the company is facing trouble on a global scale (C) Huawei Executive Is Charged With Espionage in Poland (W) Industries & companies FAANGs: The Fate of Apple in China (N) FAANGs: Apple Plans Three iPhones This Year, Plays Catch-Up on Cameras (W) FAANGs: Amazon and Google are going to be in every aspect of your life whether you want them to or not (C) Financials: Battered U.S. bank stocks may get a boost this year (R) Industrials: GM Surges After Surprise Forecast for Annual Profit Gain (B) Corporate finance Slack Plans to Follow Spotify on Unconventional IPO Route (W) Offbeat Some Airport Security Lanes to Shut as Shutdown Squeezes TSA (B)

wiar 01-11-19

Mary FanslauWhat I Am Reading

January 11 (Friday) Markets S&P 500 posts first 5-day winning streak since September (C) Big Mac Index shows the dollar is at its strongest in 30 years (MW) Investors Were Spooked About Profits. Now Come the Facts. (N) From Jaguar to Macy’s, Global Gloom Spreads Across Industries (B) Central banks Powell Says Fed Is ‘Waiting and Watching’ With Patience on Rates (B) Fed’s Powell again stresses patience as U.S. economy’s ‘narrative’ unfolds (R) Fed Chairman Powell says he is ‘very worried’ about growing amount of U.S. debt (C) Powell says Fed’s balance sheet will be ‘substantially smaller,’ indicating more tightening ahead (C) Fed chief Jerome Powell says an extended government shutdown could start to show in economic data (C) Fed chair Jerome Powell frets over stocks more than you think (P) Bond-Market Inflation Gauges Give Fed Plenty of Room to Pause (B) US politics Government shutdown threatens to be longer and more painful as it moves into uncharted territory (C) Trump Cancels Davos Trip, Digs In on Border-Wall Funding (W) Trump warns of possible emergency declaration (R) Trump says he ‘never meant Mexico would write a check’ for the wall (C) Lindsey Graham Says ‘I Think We’re Stuck’ on Shutdown Talks (B) Geopolitics & trade Trump says U.S. is having tremendous success with China on trade (R) U.S.-China Trade Fight Shakes Global Economy, but Isn’t All Bad for Bystanders (W) U.S. Military Prepares for Syria Pullout Amid Uncertainty (W) Industries & companies Autos: Ford to Slash Jobs, Shut Plants in Major European Revamp (W) Autos: Carmakers Are Facing a Perfect Storm in Europe (B) FAANGs: Amazon will let you stream free movies and TV shows through IMDb (C) FAANGs: Netflix shares rise after hours on upgrade by UBS (C) Retail: Department stores are ‘fighting for their lives,’ says ex-Target exec Gerald Storch (C) Retail: Strong Economy Can’t Save Retailers From Holiday Blues (W) Retail: Macy’s shares tank 17 percent on disappointing holiday sales (P)

wiar 01-10-19

Mary FanslauWhat I Am Reading

January 10 (Thursday) Markets Stocks Jump as Fed Shifts on Rates (W) Stock market comeback faces big test with earnings season starting (C) We’re finding out now why the stock market tanked in December (C) Trump Wants Trade Deal With China to Boost Stocks, Sources Say (B) Computer Models to Investors: Short Everything (W) Credit & currencies Should You Fear the Yield Curve? (W) China’s Currency Proves a Surprise Oasis of Calm (W) Central banks FOMC Minutes (FRB) Fed Minutes Make Powell’s Press Conference Look Like a Flub (B) Fed Is Unlikely to Raise Rates in Next Months (W) Most New Voting Members of Fed Back Rate Pause (W) Europe Roadmap to a second Brexit referendum: Here’s how pro-EU campaigners want to make it happen (C) China China’s slowdown is the biggest threat to world economy (WP) Belt and Road Is More Chaos Than Conspiracy (B) US politics Trump calls meeting with Chuck Schumer and Nancy Pelosi a ‘total waste of time’ after he storms out (C) Trump Nears Declaration Of Crisis as Talks Collapse (W) Tom Steyer Won’t Run for President, Will Focus Efforts on Trump Impeachment (W) Infrastructure Projects May Start Feeling the Bite of Government Shutdown (W) Trump Poised for Battle With His Own Party on Trade-War Powers (B) Geopolitics & trade U.S. and China Make Progress on Trade, but Major Hurdles Remain (W) U.S. Pushes China on Promises After ‘In-Depth’ Trade Meetings (B) Beijing says latest US-China trade talks were extensive, promoted mutual understanding (C) Industries & companies Autos: Ford unveils the new 2020 Explorer, the popular SUV’s first redesign in 8 years (C) FAANGs: Apple’s Tim Cook Gets 22% Increase in Pay (W) Industrials: What GE Needs to Do to Avoid Junk Territory (W) Corporate finance Shutdown Paralyzes IPOs, Imperiling Expectations for 2019 (W) Technology Beware the 5G Hype: Wireless Rivals Fuel Confusion (W) Offbeat Jeff Bezos and His Wife, MacKenzie, Are Divorcing (W) El Chapo was brought down by his own IT guy (P)

wiar 01-09-19

Mary FanslauWhat I Am Reading

January 9 (Wednesday) Markets Tying American Stocks to the Rest of the World (W) Barclays becomes latest on Wall Street to slash 2019 stock forecast on fear of an earnings slowdown (C) Lot of Moving Parts, Plenty of Opportunities for Active Investors in 2019 (MW) Small-Cap Stocks Take On New Shine (W) US Small-Business Confidence in U.S. Economy Weakens (W) Mohamed El-Erian: An economic slowdown doesn’t mean recession or financial crisis is in the cards (C) Europe Italy government support for Carige is temporary: PM (R) US politics Trump Undecided on Emergency Declaration for Border Wall (W) Can Trump Build a Wall Under a National Emergency? (W) Democratic leaders Nancy Pelosi and Chuck Schumer will respond to Trump’s border wall address (C) NYC to Fund Health Care for All, Including the Undocumented, Mayor Says (B) Geopolitics & trade US-China negotiators reportedly narrow differences on trade (C) U.S., China Narrow Differences on Trade (W) U.S.-China trade talks to continue for third day: U.S. officials (R) China Offers Trump a Trade Peace Deal. It May Not Be Enough. (N) Apple CEO Tim Cook: ‘I’m very optimistic’ about US-China trade talks (C) China gives long-awaited GM crop approvals amid U.S. trade talks (R) New documents link Huawei to suspected front companies in Iran, Syria (R) Industries & companies Energy: BP just discovered a billion barrels of oil in the Gulf of Mexico (C) FAANGs: Tim Cook to Apple naysayers: ‘The ecosystem has never been stronger’ (C) FAANGs: Inside Facebook’s ‘cult-like’ workplace, where dissent is discouraged and employees pretend to be happy all the time (C) Retail: Court gives Sears new life, allows Chairman Eddie Lampert another chance to save retailer (C Offbeat No Tuition, but You Pay a Percentage of Your Income (if You Find a Job) (N) Cancer Deaths Decline 27% Over 25 Years (W)

wiar 01-08-19

Mary FanslauWhat I Am Reading

January 8 (Tuesday) Markets Signs Point to Strong January for Stocks (W) Central banks Fed’s Bostic sees one U.S. interest rate hike this year (R) US U.S. Service-Sector Growth Slowed in December (W) How Estimates of the Gig Economy Went Wrong (W) More Americans think it’s a bad time to buy a home (C) Falling Mortgage Rates Raise Hopes for Housing Market (W) China WSJ Investigation: China Offered to Bail Out Troubled Malaysian Fund in Return for Deals (W) US politics Biden in 2020? Allies Say He Sees Himself as Democrats’ Best Hope (N) White House promises tax refunds will go out, but there’s hardly anyone at the IRS to do the work (C) Geopolitics & trade I U.S. Pushes China to Follow Through on Trade Promises (W) Xi’s Top Trade Official Unexpectedly Attended China-U.S. Talks (B) U.S., China can reach trade deal ‘we can live with’: U.S. Commerce secretary (R) Commerce Secretary Wilbur Ross: US tariffs pressure China’s ability to create jobs to stave off social unrest (C) Commerce Secretary Ross denies Apple’s revenue warning is tied to China (C) Geopolitics & trade II Trump is winning the game of economic chicken right now with China, but that could soon change (C) Chinese tech investors flee Silicon Valley as Trump tightens scrutiny (R) Elon Musk’s China Factory—Now a Field—Is Aiming for Its First Tesla This Year (W) North Korea leader visits China after warning of alternate path to U.S. talks (R) Industries & companies Consumer: PG&E Shares Slump as Bankruptcy Fears Grow (W) FAANGs: Apple hasn’t been this unloved by Wall Street since 2005 (C) FAANGs: Three big factors behind Apple’s major sales slump and dire warning about China (C) FAANGs: The Best iPhone Apple Can’t Sell (W) FAANGs: How Amazon became the world’s most valuable public company (C) FAANGs: Here’s why Amazon would buy an obscure Israeli company that specializes in disaster recovery (C) FAANGs: Amazon will soon offer to deliver packages to your garage so they don’t get stolen (C) Restaurants: How Starbucks went from a single coffee bean store to an $80 billion business (C) Tech: Samsung Electronics flags first profit drop in two years on weak chip demand (R) Corporate finance Eli Lilly to Buy Loxo Oncology in $8 Billion Deal (W) SoftBank Scraps $16 Billion Plan to Buy Most of WeWork (W) Offbeat ‘Bohemian Rhapsody’ takes upset win at Netflix-dominated Golden Globes (R) Former Fed Chair Alan Greenspan thinks the Ocasio-Cortez 70% tax plan is ‘a terrible idea’ (C)