wiar 11-14-18

Mary FanslauWhat I Am Reading

November 14 (Wednesday) YRI Yardeni Named in LinkedIn Top Voices 2018: Economy & Finance Daily Markets Overview Markets Dow falls in wild session as Wall Street fails to recover from sharp losses (C) Stock market charts point to more trouble ahead: Small-cap stocks close to ‘death cross’ (C) If Trump and Democrats get serious about an infrastructure bill, these stocks should benefit (C) Alarm Bells Ring in Markets as Nomura and Goldman Worry About Growth (B) Commodities & credit Oil markets struggle to find footing after 7 percent slump (R) 5 reasons oil prices are in a history-setting tailspin (MW) Europe Is Ground Zero for Global Credit Fears (B) Curve Inversion May Lead U.S. Banks to Tighten Lending Standards (B) US Better Family Policies Could Draw Millions of Workers Into Labor Force (W) Japan Japan econmin Motegi says economy recovering moderately (R) US politics White House economic advisors clash: Kudlow says Navarro’s China comments are ‘way off base’ (C) Trump Weighs Replacing Kelly in White House Shake-Up (W) A week later it’s clear the midterms did produce a blue wave (C) Geopolitics & trade China Trade Deal or New Cold War? (W) EU’s Malmstrom assumes U.S. won’t slap autos tariffs during talks (R) Industries & companies FANGs: Amazon confirms Long Island City, N.Y., and Arlington County, Va., as its ‘HQ2’ selections; Nashville facility announced (MW) FANGs: Amazon Is a Long Way From Settling Down in Chosen NYC Home (B) FANGs: Amazon, Google Poised for Race to Hire High-Tech Talent (W) Financials: Goldman’s Stock Decline Has Wall Street Wondering When It Ends (B) Financials: UBS Says Markets Poised for a Positive 2019, But Risks Abound (B) Retail: Starbucks to cut 5% of its corporate workforce (C) Technology Chinese tech giant Huawei plans to introduce ‘augmented reality’ glasses in next one or two years (C) Smarter Cameras Are Poised to Transform Everyday Life (W)

wiar 11-13-18

Mary FanslauWhat I Am Reading

November 13 (Tuesday) Markets Dow plunges 600 points as Apple leads tech rout (C) The reasons to be bearish on the stock market now are swamping the bull case (C) Don’t blame Monday’s market rout entirely on Apple. Global growth and the Fed are issues (C) Goldman’s ‘bear market risk indicator’ signals returns will be zero the next 12 months (C) There’s something behind this market sell-off that no one is talking about: The strong dollar (C) Commodities Trump warns OPEC against cutting oil production: ‘Prices should be much lower based on supply’ (C) Oil Market Reliance on U.S. Shale Potential Is Risky, IEA Says (B) Gas to overtake coal as world’s second largest energy source by 2030: IEA (R) China Is Expected to Become World’s Biggest Natural Gas Buyer by 2040 (B) US The Truth About Poverty In America (IBD) China China’s Government Has More Room to Leverage Up as Growth Slows (B) Trade war and censors blow chill wind through China’s giant tech scene (R) US politics Democrat Sinema Wins Arizona U.S. Senate Seat Long Held by GOP (B) Russian Hackers Largely Skipped the Midterms, and No One Knows Why (W) Geopolitics & trade Mnuchin and top Chinese official are reportedly talking trade ahead of Trump-Xi meeting (C) White House to consider Commerce Department auto tariff recommendations: officials (C) Tariffs are having a negative impact for only about 9 percent of companies, earnings calls show (C) Industries & companies FANGs: Apple Shares Sink After iPhone Suppliers Lower Outlooks (W) Financials: Goldman Sachs Tumbles on 1MDB Scandal and ‘Fear of the Unknown’ (B) Industrials: GE Shares Fall Again, Hit New Low (W) Retail: Macy’s Radical Plan to Save Itself: Shrink (W) Corporate finance Palantir Has a $20 Billion Valuation and a Bigger Problem: It Keeps Losing Money (W) SoftBank Targets $20 Billion IPO for Japanese Mobile Unit (W) Technology Robots Are Coming for Europe’s Jobs (B) Offbeat Steve Ballmer Needed a 10-K for the U.S. So He Made One. (W) Photos show California’s devastating wildfires raging in Malibu and Butte County (C)

wiar 11-12-18

Mary FanslauWhat I Am Reading

November 12 (Monday) Markets This bull market may be just two weeks old (MW) Stock-market investors wrestle with a glut of bearish signs as oil prices plunge (MW) Things Could Get Worse for Corporate Bond Funds Before They Get Better (BR) Saudi Arabia to ship less oil in December as it considers a coordinated output cut (C) Central banks Sessions’s ouster suggests Trump’s Fed fight is about to get uglier (WP) US As Tariffs Hit, Supply Chains Become a Hot Topic for Investors (BR) China Forget the trade war, China’s economy has other big problems (NN) A Fifth of China’s Homes Are Empty. That’s 50 Million Apartments (B) China’s trade expo logs nearly $58 billion of deals: state media (C) What slowdown in China? Alibaba’s results reveal a record for opening minutes of Singles’ Day (MW) US politics U.S. on a Course to Spend More on Debt Than Defense (W) Florida election recount underway, tensions rise (C) Democrats to investigate whether Trump administration sought to punish AT&T, Amazon (C) Impeaching Trump an Option Top Democrats Don’t Want to Touch (B) Infrastructure, Impeachment Are Washington’s Hottest Topics, Says Pimco’s Cantrill (BR) Geopolitics & trade Trump, Macron agree on European defense after Trump’s ‘very insulting’ comment (C) Macron: ‘Nationalism Is a Betrayal of Patriotism’ (B) Calls for open trade to greet Pence as Trump skips Asia summit (C) Industries & companies Consumer: P&G, McDonald’s Power Dow Rebound as Investors Play Defense (W) FANGs: Apple says some iPhone X and MacBook models have quality issues (C) Media: At Netflix, Who Wins When It’s Hollywood vs. the Algorithm? (W) Media: ‘Grinch’ Brings Holiday Cheer With Decisive Box-Office Victory (B) Retail: With Retail Earnings on Tap, Investors Expect a Tale of Two Worlds (W) Offbeat Death toll climbs to 23 in California’s deadliest fire since 1991 (C) Trump again threatens to take away federal funding for California wildfires over ‘gross mismanagement’ (MW) Why “Qualified Opportunity Zones” May Be the Next Hot Thing in Investing (BR)

wiar 11-10-18

Mary FanslauWhat I Am Reading

November 10 (Saturday) Markets Dow drops 200 points on worries about slowing global economic growth (C) Trying to Salvage a Ruined Year in Stocks With Seven Weeks to Go (B) Struggling commodity prices signal more trouble could be ahead for the stock market (C) Goldman Sachs Sees S&P 500 Profit Growth Slowing to 4% in 2020 (B) US crude oil posts longest losing streak in over 34 years, falling for 10th day (C) The Dollar Is a Haven in Sea of Uncertainty (B) Central banks China’s Central Bank Ready to Tackle ‘Profound’ Economic Changes (B) US U.S. Producer Prices Surged in October (W) Consumers Poised to Pick Up Spending Heading Into Holiday Season (W) Tax-Cut Split: Consumers Are Spending but Businesses Are Cautious (W) China Is China’s massive bear market a buying opportunity? (MoneyWeek) US politics Trump jumps into tight Senate races wielding conspiracy theories (C) Former Starbucks CEO Howard Schultz assembles an elite PR team as he considers running for president (C) Trump is telling people he wants to replace Commerce Secretary Wilbur Ross by the end of the year (C) Geopolitics & trade White House trade advisor Navarro says China trade deal will be on Trump’s terms, not Wall Street’s (C) Top U.S., China Officials Discuss Trade, North Korea, South China Sea (W) Industries & companies FANGs: More Apple products are coming to Amazon under a new deal (C) Financials: Almost Half of Big U.S. Banks Are Failing to Satisfy Fed Supervisors (B) Homebuilders: Homebuilders are facing a make-or-break level, according to charts (C) Pot: Pot companies set to reveal earnings less than a month after Canadian legalization (MW) Retail: Investors focus on retailers as wages rise (R) Technology Robot Design Goes Back to Nature (W) Offbeat Like Alexandria Ocasio-Cortez, many Americans can’t afford an apartment when they move for work (MW)

wiar 11-09-18

Mary FanslauWhat I Am Reading

November 09 (Friday) Markets Quants Are Facing a Crisis of Confidence (B) Checking China’s Market Pulse After State Stabilizes Stocks (B) The oil rout just became a bear market for U.S. crude (MW) Buy ‘Cheap’ Yen Before Its Big Awakening in 2019, SocGen Says (B) Wall Street Muni-Bond Bankers Need Work. Voters Gave Them Plenty (B) US Fed leaves rates unchanged, says U.S. economy strong (R) Parsing the Fed: How the November Statement Changed From September (W) Howard Gold: The housing slump is not (yet) a recession (MW) Europe Eurozone Economy Seen Cooling as Risks Mount (W) Europe’s Center-Right Parties Face Threats on Continental Stage (W) US politics Justice Ruth Bader Ginsburg Is Hospitalized After Fall (W) Unclaimed Senate, House Seats as Counting Continues (W) Geopolitics & trade Trump’s Tariffs Have Fully Kicked In—Yet China Exports Grow (W) Industries & companies Autos: Meet Tesla’s New Chairman, Who Has to Oversee Elon Musk (W) Consumer: P&G to restructure company as maker of Gillette razors simplifies business units (C) Media: Disney gains after reporting that studio revenue grew 50% year over year (C) Media: Disney’s new Netflix rival will be called Disney+ and launch late 2019 (C) Media: Disney’s Iger Plots Online Future With a Little ‘Star Wars’ Help (B) Retail: Sears is closing another 40 stores. Here’s a map of where they are (C) Tech: Alibaba aims to make cloud computing its ‘main business’ (C) Technology Get Ready for 3-D Printed Yachts (W) Here Comes ‘Smart Dust,’ the Tiny Computers That Pull Power From the Air (W) Offbeat FDA plans to restrict flavored e-cigarette sales, ban menthol cigarettes from market (C)

wiar 11-08-18

Mary FanslauWhat I Am Reading

November 08 (Thursday) Markets S&P 500 and Dow surge in best rally after midterm elections since 1982 (C) Stock Markets Are Too Happy With the Election Outcome (W) U.S. Oil Falls for 8th Day in a Row as Supplies Surge (W) Bond Traders Are ‘Back to a Flattening Curve’ With Focus on Fed (B) Central banks Fed likely on steady course even as U.S. political landscape shifts (R) Cramer: With midterms over, we could get ‘the rallies of all rallies’ if the Fed pauses rate hikes (C) US Job Openings Outnumbered the Unemployed by More Than One Million (W) U.S. Consumer Credit Rose by Less Than Estimated in September (B) Europe France’s Macron Calls for Creating a ‘European Army’ (W) Japan Japan Leaves No Stone Unturned as It Prepares for Sales-Tax Blow (B) China China Has More Distressed Corporate Debt Than All of EM Combined (B) Emerging Only Locals Are Buying Into Brazil’s Record-Breaking Rally (B) US politics I Good for Trump, Bad for Trump: How midterm results will help — and hurt — the president (C) Trump Today: President blasts Republican candidates who lost in midterms and signals willingness to work with Democrats (MW) Democrats ready to pursue aggressive Trump oversight: Pelosi (R) Democrats to push for big infrastructure bill with ‘real money’ in 2019 (R) US politics II Jeff Sessions Pushed Out as Attorney General (W) Trump’s new Acting Attorney General Matthew Whitaker will take over Mueller probe oversight (C) Trump Vows ‘War-Like Posture’ If Democrats Investigate Him (B) Mike Bloomberg and Tom Steyer become kingmakers for Democrats as both billionaires mull a 2020 run (C) 29-year-old Alexandria Ocasio-Cortez makes history as the youngest woman ever elected to Congress (C) Geopolitics & trade U.S.-China Trade Tensions on Display at Shanghai Expo (W) Migrant Caravan Makes a Stop in Mexico City (W) Industries & companies FANGs: Facebook got through the midterms mostly unscathed, although it’s still got lots of work ahead (C) FANGs: Google Plans Large New York City Expansion (W) FANGs: Amazon HQ2 Plans Could Make Defense Hiring Even More Competitive (W) Hotels: Wynn Resorts shares fall 12 percent as it misses earnings estimates (C) Media: Comcast is developing a video-streaming box for broadband-only customers (C) Pot: Marijuana stock Tilray up 30% after cannabis foe Jeff Sessions resigns under pressure (C) Retail: Michael Kors Fumbles Sales Opportunity (W) Tech: Samsung just announced a new smartphone that can fold in half (C) Tech: Zillow sheds a quarter of its market value as rising interest rates weigh on home sales (C) Technology Your Tesla Can Go Zero to 60 in 2.5 Seconds But Can’t Get AM Radio (W)

wiar 11-07-18

Mary FanslauWhat I Am Reading

November 07 (Wednesday) Markets Oil prices extend falls on well supplied market, Iran sanction waivers (R) Central banks Powell’s Monetary Policy Gets Muddled by Jittery Markets, White House (B) Janet Yellen Warns Tools Are Inadequate to Tackle Global Risk (B) US A Kink in the Phillips Curve? Wall Street Economists Are Divided (B) China Xi Jinping makes fresh promises to open China’s economy and boost imports (SCMP) Crazy Work Hours and Lots of Cameras: Silicon Valley Goes to China (NYT) US politics Midterms May Spur Increased U.S. Fiscal Spending, Not Gridlock (B) Geopolitics & trade Foxconn mulls importing Chinese skilled workers for Wisconsin plant (MW) Industries & companies FANGs: Amazon is reportedly moving into Long Island City, Queens: Here’s what the neighborhood is like (C) FANGs: Amazon Said No to Cactus, Yes to Data in Hunt for New Office (B) FANGs: Was Amazon’s Headquarters Contest a Bait-and-Switch? Critics Say Yes (NYT) Healthcare: Alphabet kicks off a private two-day conference dedicated to health, featuring AI chief Jeff Dean (C) Corporate finance China’s IPO Drought Features 35 Exhausted Regulators (B) Offbeat Kavanaugh signals possible break with fellow conservatives in death penalty case (C)

wiar 11-06-18

Mary FanslauWhat I Am Reading

November 06 (Tuesday) Markets Dow rises nearly 200 points as Berkshire Hathaway jumps, but Apple drags down Nasdaq (C) This is what’s happened to stocks after every midterm election since World War II (MW) Trump’s trade war with China matters more to the market than the elections and it’s not going well (C) Record Number of Markets Now in the Red in Worst Year Since 1901 (B) Central banks Haruhiko Kuroda: Japan’s economy and monetary policy (BIS) Minutes of the Monetary Policy Meeting on September 18 and 19, 2018 (BOJ) US Companies Face the Tariff Squeeze (W) Service-Sector Activity Cools Slightly in October (W) Europe Theresa May to Set Out Brexit Options to Her Divided Team, Sources Say (B) China ‘Mounting downward pressure’: Chinese companies are doing it tough as new orders dry up (BI) Alibaba and the Slowing Chinese Economy (W) Jack Ma Says the Trade War Is the ‘Most Stupid Thing’ (B) US politics Midterms Speed Read: All You Need to Know About Tuesday’s Vote (B) Moore: Five midterm races that matter most (Washington Times) Fox News, NBC and Facebook Pull Trump-Backed Anti-Migrant Ad (B) How Far Have the Democrats Moved to the Left? (The Atlantic) Trump says his administration is ‘looking at’ whether Amazon, Facebook and Google are violating antitrust laws (BI) Geopolitics & trade FT Op-Ed: Renewed sanctions will push Iran towards a better nuclear deal (Treasury) U.S. Issues Eight Waivers on Iran Oil Sanctions (W) Trump says China wants to make a deal on trade, he wants right deal (R) Xi’s Swipes at Trump Show China Standing Its Ground in Trade War (B) Trophy Infrastructure, Troublesome Debt: China Makes Inroads in Europe (W) Industries & companies Autos: How Tesla Made a Record Profit (W) FANGs: As Amazon HQ2 talk grows, Crystal City expects rising property prices, heavy traffic and lots of jobs (C) FANGs: Amazon will reportedly split HQ2 between two cities (C) Industrials: GE dismisses talk that it may owe billions of dollars in taxes (R) Corporate finance Warren Buffett sends ‘strong signal’ to market with Berkshire Hathaway’s $1 billion buyback (C) Offbeat Last Flights of Crashed Indonesia Jet Had Airspeed-Indicator Problem (W)

wiar 11-05-18

Mary FanslauWhat I Am Reading

November 05 (Monday) Markets Why U.S.-China trade talks are the biggest catalyst for the stock market (MW) Reversals in the Stock Market Are Landing With Record Force (B) What the bear market in home construction stocks tells us (MW) Credit Bond Traders Prepare for Week Full of Risk by Dumping Treasuries (B) Municipal Bond Funds Are on Sale. Buyers Should Be Cautious. (BR) Central banks Fed Will Likely Raise Rates After Strong Jobs Report (W) Fed was afraid of negative interest rates: ex vice chair Fischer (R) Europe How the Fight Over Italy’s Budget Could Have Been Avoided (BR) China China’s boulevard to nowhere: The battle for influence in APEC’s Pacific host (R) China to Tighten Rules on Five Financial Giants (W) US politics Trump says he’s focused on Senate as potential loss of House looms (MW) Democrats hold 7 point advantage ahead of midterm election as Trump base ‘comes home’: NBC-WSJ poll (C) Geopolitics & trade How a New Arms Race Could Boost Defense Stocks (BR) Industries & companies FANGs: Apple is a ‘buy buy buy’ right now, and other FAANG stocks are bargains, too (MW) Energy: Marathon Petroleum Looks Like a Long-Run Winner (BR) Technology With Red Hat, IBM Makes a Big Cloud Promise. The Reality Is Far More Hazy. (BR) Offbeat Buffett Shows His Appetite for Buying Stocks, Including His Own (B)

wiar 11-03-18

Mary FanslauWhat I Am Reading

November 03 (Saturday) Markets Global markets are surging after reports Trump is ready to back down in his trade war with China (BI) Apple Shares Pull Down U.S. Stocks (W) Investors Have Plenty to Worry About as Market Clouds Gather (B) Sometimes, It’s Bonds, not Stocks, for the Long Run (W) Central banks Prime-Age Participation Is Picking Up, Creating Puzzle for Fed (B) US U.S. Goods Imports Hit New Record (W) U.S. Manufacturing Forges Own Path Amid Global Slowdown (B) Hiring Accelerates as Wages Strengthen (W) Over 35% of workers making over $100,000 say they would quit a job without a new one (C) Grappling with an acute labor shortage, the construction industry is being forced to get creative (C) Europe Many Expect Disruption After Merkel. German History Says Otherwise. (W) China ‘Made in China 2025’: world’s biggest auto market wants to be the most powerful maker of electric cars (SCMP) China’s aviation industry has a steep climb to ‘Made in China 2025’ goals (SCMP) ‘Made in China 2025’: How 5G could put China in charge of the wireless backbone and ahead of the pack (SCMP) US politics What could happen to markets if Republicans win big or lose big on Tuesday (C) What a Democratic House Would Mean for Your Taxes (W) Everything You Need to Know About the New Tax Law (W) Geopolitics & trade Trump Says He Thinks U.S. Will Reach Trade Deal With China (B) Why Are People Fleeing Central America? A New Breed of Gangs Is Taking Over (W) Industries & companies Energy: Exxon, Chevron Profits Soar as Big Oil Returns to Dominance (W) FANGs: The iPhone has reached its peak, and now it’s time to change how you think about Apple (C) Retail: Five Below, the Amazon-Proof Store (W) Technology Slightly heavier than a toothpick, the first wireless insect-size robot takes flight (C) Your Smartphone’s Location Data Is Worth Big Money to Wall Street (W) Offbeat Kudlow Jokes He Asked Trump Not to Tweet Job Data Prematurely (B) HBO criticizes Trump tweet using ‘Game of Thrones’ imagery and slogan (C)