wiar 03-20-18

Mary FanslauWhat I Am Reading

Mar 20 (Tuesday)

Markets
Goldman Sees ‘Financial Fragility’ Rising in Markets (B)
Facebook, Tech Shares Pull Stocks Sharply Lower (W)
Facebook data storm wipes nearly $37bn off market value (FT)

Central banks
Use Fiscal Policy, Not the Fed, to Fight the Next Slump (B)
China’s New Central Banker Is Just as Important as the Fed’s (N)
China’s New PBOC Chief Promises Quick Change (W)

US
Signs of US economic cycle breakdown gather pace (FT)

Europe
EU Agrees on Brexit Transition Terms; Ireland Issue Remains (W)

Japan
Cronyism Allegations Chip Away at Support for Japan’s Abe (W)

China
Key Takeaways for Investors from China’s National People’s Congress (B)
Alibaba Bets Another $2 Billion on Southeast Asia (W)

Emerging
Putin’s Victory Magnifies Deep Divide (W)
Vladimir Putin is not as scary as he looks (FT)

US politics
Trump Pledges to ‘Get Very Tough,’ Rein In Opioid Crisis (W)
Trump Calls for Death Penalty for Drug Dealers in Opioid Plan (B)
Cynthia Nixon Will Challenge New York Gov. Cuomo in Democratic Primary (W)

Trade
U.S. Tariffs to Be in Spotlight at G-20 Summit (W)
Mnuchin Takes Heat From Global Finance Chiefs Over Trade (B)
Brussels offers to be US ally in steel trade fight (FT)
EU and U.S. can still avoid trade conflict: German economy minister (R)
Trump ‘enthusiastic’ about reaching NAFTA deal: Canada’s Trudeau (R)
From Exemption to Escalation: Japan’s Options on U.S. Tariffs (B)

Industries & companies
FANGs: Facebook Says Cambridge Analytica Agreed to Forensic Data Audit (B)
FANGs: Facebook’s Role in Data Misuse (N)
Financials: Higher Deposit Rates May Be Coming to Your Bank Account (W)

Corporate finance
Dropbox IPO oversubscribed: sources (R)
Aramco Scales Back IPO Plan, Eyes Saudi-Only Listing (W)

Technology
Uber Suspends Driverless-Car Program After Pedestrian Death (W)
Don’t Call It a Car: China Tech Giants Want to Sell ‘Mobile Living Spaces’ (W)
FedEx Follows Amazon into Robotic Future (N)

Offbeat
Austin Police Seek ‘Serial Bomber’ After Fourth Explosion This Month (W)