wiar 04-11-18

Mary FanslauWhat I Am Reading

Apr 11 (Wednesday)

Dow jumps 425 points after Xi Jinping calms trade fears
Bank of America knows what it’ll take to send the market into a ‘full bull detox’ — and we’re dangerously close (BI)
GOLDMAN SACHS: There’s one huge mistake traders should avoid making this earnings season (BI)
Don’t Use the 200-Day Moving Average as a Sell Signal (B)

Central banks
Fed Floats First Major Big-Bank Rule Change of Trump Era (W)
Two More Rate Increases This Year, Fed’s Kaplan Says (W)

U.S. Business Price Growth Came in Hotter Than Expected Last Month (W)
For Many New Homeowners, Debt Consumes Half of Income (W)
How Death Strikes Around the U.S. (W)

Euro area’s banking union enters ‘critical phase’ (FT)

US politics
Trump Decries FBI Raid on His Lawyer in Morning Tweets (W)
White House Says Trump Can Fire Mueller. Republicans Warn It’d Be a Mistake (B)
Trump to Sign Executive Order for Revamp of Federal Aid Programs (W)

Geopolitics & trade
Xi Pledges a More Open China, Increased Imports and Lower Auto Tariffs (W)
China Talks Stalled Over Trump’s Demands on High-Tech Industries, Source Says (B)
Chinese Investment Into the U.S. Fell Sharply in 2017 (W)
U.S. Accuses Chinese Firms of Rerouting Goods to Disguise Origin (W)
Trump to decide on Syria response ‘very quickly’ (FT)
Watchdog Agency to Investigate Syria Chemical Strike Site (W)

Industries & companies
FANGs: Facebook co-founder says data use debate is ‘overdue’ (FT)
FANGs: Facebook, Google, Apple, and Amazon have too much power — so it’s time for regulators to take on tech’s titans (BI)
Financials: Big Banks Find a Back Door to Finance Subprime Loans (W)
Tech: MORGAN STANLEY: Internet companies could be stuck ‘in the penalty box’ for a while — here are the corners of tech we’d rather own (BI)

Corporate finance
Sprint, T-Mobile Restart Deal Talks, Once Again (W)
Ma’s Ant Financial to Raise $9 Billion, Become Biggest Unicorn (W)

The Key to Smarter AI: Copy the Brain (W)
Miami Real-Estate Developer Readies for Flying Cars (W)
Can Humans Understand How Robots Invest? (B)

How Pizza Night Can Cost More in Data Than Dollars (W)
A $105 Billion ‘Fat-Finger’ Accident Is Samsung’s Latest Headache (W)