wiar 05-04-18

Mary FanslauWhat I Am Reading

May 04 (Friday)

Stocks recover from rocky drop on jitters over interest rates, trade wars and geopolitics (WP)
Daily Markets Overview

Stocks unsettled by US-China trade uncertainty (FT)
Lower Tax Bills Fuel Best Earnings Quarter Since 2011 (W)
It Took a While, But the S&P 500 Bond ETF Is Now Here (B)
Bond investors pull money from emerging markets (FT)

Central banks
How the Fed’s removal of two words set off a firestorm of confusion (MW)

U.S. Nonmanufacturing Pace Slowed in April (W)
U.S. Workers’ Productivity Edged Up in First Quarter (W)
U.S. Foreign-Trade Deficit Narrowed in March (W)
With no let-up in home prices, the California exodus surges (MW)

Geopolitics & trade
U.S. and China Dive In for Prolonged Trade Talks (W)
China braced for surprises in US trade talks (FT)
Farmers may be worried about China’s canceled soybean orders, but other countries are filling the void right now (C)
Trump Tariff Plans Drive Wedge Between France and Germany (W)
Laser From Chinese Base Aimed at U.S. Military in Africa’s Skies (W)
Kim Jong Un Repeats Commitment to Denuclearization to China (W)

Industries & companies
Autos: Is Musk Unhinged, and Other Questions for Cash-Constrained Tesla (B)
Autos: The Analyst Musk Cut Off Says Investors Are Worried About Tesla (B)
Real Estate: Warren Buffett’s Berkshire Is Now America’s Second Largest Real-Estate Broker (W)
Retail: Retail Stocks Are Coming Out of Amazon’s Shadow (W)

Technology & cybersecurity
Twitter Finds Bug, Tells Users to Change Passwords (W)

Facebook’s Double Standard on Privacy: Employees vs. Everyone Else (W)