wiar 6-09-17

Mary FanslauWhat I Am Reading

Jun 09 (Friday)

Markets
Stocks Notch Slight Gains as Financial Shares Climb (W)
Why Stock Pickers Are Having a Good Year: Tech Giants (W)
Goldman Sachs Mulls the Death of Value Investing (B)
Death of Value? ETFs Show Strategy Favored Over Growth: Chart (B)
Junk bond investors win rare victory over covenants (FT)

Central banks
ECB Drops Reference to Future Interest-Rate Cut (W)
ECB rules out rate cut but confirms QE continues (FT)
Draghi Says ECB Needs Patience as Inflation Stays Subdued (B)
Kuroda Says Japan Still a ‘Long Way’ From Meeting Inflation Goal (B)
Phasing out QE challenges Fed and Treasury (FT)

US
U.S. Household Net Worth Climbs to $94.8 Trillion (W)
Jobless Claims in U.S. Resume Decline Amid Tight Labor Market (B)

Europe
Eurozone Economy Grows at Fastest Rate Since 2015 (W)
Spain’s Wounds Run Deep as Economy Retraces Crisis Losses (B)
Pound falls after UK exit poll shows hung parliament (FT)
How the UK election result affects Brexit (FT)
Elections in U.K. and France Reveal Diverging EU Paths (W)

China
What You Need to Know About China’s Booming Internet (W)
China’s Kingmakers Tangle Over the Internet of Everything (W)

US politics
Comey and Trump Accuse Each Other of Lying in Wake of Hearing (B)
Comey stages command performance in Trump’s drama (FT)
Comey: I Felt Directed to End Probe (W)
Comey Shared Memos Hoping to Prompt Naming of Special Counsel (W)
Trump Lawyer Disputes Claims (W)
How the Comey Relationship Turned Into a Problem for Trump (W)
House Set to Pass Bill That Rips Up Post-Crisis Bank Rules (B)

Geopolitics
Qatar Crisis Turns Into Proxy Battle of Mideast Rivals (W)
U.S. Pilot Shoots Down Armed Drone in Syria (W)

Industries & companies
Financials: Wells Fargo’s New Mission: Growth, Not Scandal (W)
Financials: JPMorgan Loses Another Possible Dimon Successor (B)
Retail: Nordstrom Family Weighs Taking Retailer Private (W)
Tech: Uber in Talks to Acquire Team of Car-Parking Startup Luxe (W)
Telecom: Verizon to Cut 2,100 Jobs at Yahoo, AOL After Merger (W)

Offbeat
Democracy Never Faced a Threat Like Facebook (B)
These Companies Stand to Gain the Most From the Cryptocurrency Rush (B)