wiar 04-24-18

Mary FanslauWhat I Am Reading

Apr 24 (Tuesday)

Markets
Stocks could see more turbulence as 10-year yield inches to important 3 percent level (C)
Aluminum Sells Off as U.S. Takes Softer Sanctions Stance (W)

US
U.S. Existing-Home Sales Rose in March (W)
First-time home buyers are the biggest losers when it comes to rising inflation (BI)

Europe
Italy Running Out of Ways to Form Government (W)
Five Star suffers setback in quest for government (FT)

China
The Chinese Car Invasion Is Coming (B)

US taxes
A 20% Business Deduction? Here Are the Obstacles (W)
Tax bill will slash by half the number of homeowners using the mortgage deduction (C)

Geopolitics
Trump’s Message to Congress: New Nafta or No Nafta (W)
Europe Confronts Blowback From U.S. Economic Moves (W)

Industries & companies
Airlines: United Airlines CEO to Skip Bonus, Chairman Will Step Aside (B)
Autos: Ferrari Quietly—Very Quietly—Tests Electric Car (B)
FANGs: Google Parent’s Net Soars as Sales Continue to Climb (W)
FANGs: Google’s capital expenditures tripled from a year ago (C)
FANGs: Google CEO tells investors not to worry about Europe’s upcoming privacy rules (C)
FANGs: EU Probes Apple’s Planned Acquisition of Shazam (W)
FANGs: Amazon Baffles Investors With Meaningless Numbers (B)
FANGs: Facebook Removes More ISIS Content by Actively Looking for It (B)
FANGs: Jeff Gundlach Says It’s Time to Go Short on Facebook (B)

Technology
Amazon Has a Top-Secret Plan to Build Home Robots (B)

Offbeat
Sean Hannity linked to shell companies that spent $90M on property: report (Hill)