wiar 5-04-17

Mary FanslauWhat I Am Reading

May 04 (Thursday)

Markets
No, Five Stocks Are Not Exerting Any Unusual Influence on Market (B)
The Mystery of the Stubbornly-Low Volatility Index Is Deepening (B)
Why Greenspan’s Bond Conundrum Looks Like the New Normal (B)
Wall Street Pushes Back on Mnuchin’s Idea of Ultralong Debt (W)

Commodities
Trump’s Commodities Rally Is Almost Gone (B)
Coal Country Is Back, Along With Signing Bonuses and Pay Raises (B)
Gold Miners See Super-Sized Stock Moves on Earnings Surprises (B)
Oil Decline Eases as Industry Said to Report Stockpile Plunge (B)

Central banks
Fed Holds Rates Steady, Sees Recent Economic Slowdown as Temporary (W)
Fed Remains on Track for Two More Rate Rises in 2017 (W)
Why Rallying Bank Stocks Should Worry the Fed (W)

US
ADP Reports 177,000 Rise in Private Payrolls (W)
U.S. Service-Sector Activity Accelerated in April (W)
Most U.S. Homes Are Worth Less Than Before the Crash (B)

Europe
Le Pen Against Macron: The French Presidential Debate (W)
Renzi provides cautionary tale for Macron (FT)
Far-Right Vies With Center-Left for German Workers (W)
StanChart picks Frankfurt for post-Brexit subsidiary (FT)

US politics
Trump Says a Shutdown May Be Needed to Get His Priorities Passed (W)
House Passes Spending Bill That Omits Most Trump Priorities (B)
Changes to Health Bill Bring Back Two GOP Holdouts (W)
GOP Struggles to Find Last Few Votes to Pass Obamacare Repeal (B)
Bernanke Questions Strategy and Timing of Trump Tax Cut Plans (B)
What Is Washington Doing to My 401(k) Tax Break? (B)
Comey Defends Handling of Clinton Email Investigation (W)

Geopolitics & trade
Ross Says TPP Could Form Starting Point for U.S. on Nafta Talks (B)
Global Trade Growth Is About to Roll Over (B)
Trump Meets Abbas, Says of Peace: ‘We’ll Get It Done’ (W)

Industries & companies
Airlines: American Airlines Plans to Squeeze You In Even Tighter (B)
Airlines: What Caused an Epic Meltdown at Delta (W)
Autos: Banks Pull Back on Car Loans as Used-Auto Prices Plummet (W)
Autos: A $50,000 Chrysler Minivan Explains Slowing U.S. Auto Sales (B)
Autos: Tesla Bulls Can Exhale as Musk on Time With Dawn of Model 3 Era (B)
Consumer: Kraft Heinz Faces Pressure to Do a Deal as Sales Stagnate (B)
Tech: Qualcomm Said to Seek U.S. Import Ban for iPhones (B)
Tech: Facebook beats with $8 billion revenue and closes in on 2 billion users (BI)
Tech: Facebook’s Social Network Fuels Growth as Ad Slowdown Looms (B)
Tech: After Posting of Violent Videos, Facebook Will Add 3,000 Content Monitors (W)

Offbeat
BlackRock Warns It Would Be ‘Folly’ to Ignore Home Capital Woes (B)
Einhorn Says Tesla Investors ‘Hypnotized’ in Dot-Com-Like Bubble (B)