wiar 7-20-17

Mary FanslauWhat I Am Reading

Jul 20 (Thursday)

Markets
Tech Stocks Eclipse Record from Dot-Com Era (W)
Markets’ Steady Climb in 2017 Defies Historic Odds (W)
Markets to Fed: Please Leave Us Alone (W)
Money Managers Are the Most Underweight U.S. Stocks Since 2008 (B)
How to Get a Free ETF: Forget the Fee Wars, Find Short Sellers (B)

Credit, currencies, & commodities
Debt Ceiling Concerns Start to Surface in Treasury Bills (B)
Corporate Bond Traders Play Chicken (B)
Goldman Sachs Says Take Profit on Emerging-Market Carry Trade (B)
Traders Hurt by Worst Start for Commodities Since 2010 (W)
Coal has no future, says US railroad boss (FT)

Central banks
Fed chair hopefuls back 3% Trump growth target (FT)
Kuroda Lingers Alone in Land of Stimulus as Peers Move On: Chart (B)

US
U.S. Housing Starts Jumped in June (W)
This chart reveals a huge difference in how millennials and their parents spend money (BI)

Europe
US banks eye Europe’s non-performing loans (FT)
Where Will Banks Go After Brexit? Frankfurt Takes Early Lead (W)
Brussels warns Poland against moves on judiciary (FT)

US politics
Trump to Senate GOP: Don’t Leave Town Without a Health-Care Plan (B)

Geopolitics, trade, & cybersecurity
US and China step up steel talks to avert trade war (FT)
Veteran U.S. Official to Lead Nafta Talks (W)
Cyberattack on Medical Software Exposes Industry’s Vulnerability (B)

Industries & companies
Airlines: United Airlines Investors Lose Patience Following Tepid Outlook (B)
FAANGs: Apple Picks New Chief for One of Its Toughest Markets: China (W)
FAANGs: Amazon Lures Publishers to New Social Network by Paying Them to Post (W)
FAANGS: Facebook Launches News Analytics Tool in Partnership with Nielsen (W)
Financials: Morgan Stanley Tops Goldman in Trading Again (W)
Financials: AmEx Starts Spending More on Reward Points to Retain Customers (B)
Health care: Hospitals Fight to Keep Medicare Drug Subsidies (W)
Restaurants: Nocera: Now the Cloud Over Ackman’s Head Says ‘Chipotle’ (B)
Wireless: T-Mobile Raises Subscriber Forecast as Price War Rages On (B)

Corporate finance
Uber, Amazon and Microsoft brace for accounting shake-up (FT)
Jana Sells Whole Foods Stake (W)
BP is thinking about an IPO for its US pipeline assets (BI)
Univision Draws Interest From Potential Bidders Amid IPO Delays (W)

Technology
Robots Take Over Retail Jobs (W)