wiar 8-25-17

Mary FanslauWhat I Am Reading

Aug 25 (Friday)

Markets
Stocks Slide, Dragged Lower by Consumer Staples (W)
Big News for Stock Pickers: You Only Lost $100 Billion This Year (B)
The U.S. Replaces Europe as the Market’s Political Problem Child (B)

Oil
OPEC Keeps Options Open, Including Extending Cuts (W)

Central banks
Fed’s George and Kaplan Stake Out Inflation Debate at Jackson Hole (B)
Video: Fed’s George Sees Another 2017 Hike Despite Low Inflation (B)
Dallas Fed chief rejects looser curbs on big banks (FT)
Future of Fed Chief Hangs Over Meeting at Jackson Hole (W)
Amazon’s Plans to Cut Food Prices Will Be a Headache for the Fed (B)
YRI Press: We could do without investing commentary from the Federal Reserve’s Janet Yellen (MW)

US
Home Sales Decline in July to Slowest Pace This Year (W)

Japan
Japan Stuck in Inflation Doldrums With Core CPI at 0.5% (B)

China
Xi’s Great Deleveraging Is Set to Collide With Rising Real Rates (B)
China reliance on infrastructure stimulus surges (FT)
The News Reads You in China—and People Can’t Get Enough of It (W)

Emerging
India court deals blow to biometric ID system (FT)

US politics
Markets Eye Looming U.S. Debt-Ceiling Deadline With Unease (W)
Trump Blames Debt Ceiling ‘Mess’ on GOP Leaders (B)
All U.S. Counties to Have an ACA Plan After Ohio Plugs Gap (W)
How Obamacare’s Marketplaces Are Shaping Up for 2018 (B)

Geopolitics
Russia sends strategic bombers around Korean peninsula (FT)
China’s Big Businesses Risk Trump’s Punishment Over North Korea (B)
China prepares for an era of asymmetric warfare (FT)

Industries & companies
Autos: Tesla’s Self-Driving Push Sparked Dissent Among Its Engineers (W)
FAANGs: Amazon Clobbers Grocers With Price Cuts at Whole Foods (W)
Retail: Sears posts double-digit sales slide (FT)
Technology: Apple Is Planning a 4K Upgrade for Its TV Box (B)

Corporate finance
SoftBank Finalizes $4.4 Billion WeWork Investment (W)

Offbeat
Labor Department Names Ronald Reagan to Hall of Honor (W)