wiar 05-09-18

Mary FanslauWhat I Am Reading

May 09 (Wednesday)

Markets
Dimon Says Prepare for 4% Yields, Potential Volatility Rise (B)
Cord-Cutting Pain Spreads to High-Yield Bond Market (W)
FANG Investors Appear Torn (B)
China’s Tech Comeback Outpaces the U.S. (B)

Central banks & BIS
Powell Warns Against Overstating Impact of Fed Policy on Global Financial Conditions (W)
The enduring link between demography and inflation (BIS)

US
Why It’s a Good Time to Look for a Job (W)
U.S. Job Openings at Record, Almost Matching Unemployed Workers (B)
Employment Trends Index Rose in April (W)

Japan
Japan Seeks Its Economic Mojo in the Stuff That Makes the Stuff (N)

Emerging
Argentina seeks IMF aid as peso sell-off resumes (FT)

Geopolitics & trade
Trump Withdraws U.S. From Iran Deal (W)
European Firms Plot Strategy Amid Trump Withdraw from Iran Deal (W)
China-U.S. Trade Gap Widens as Firms Run to Beat Looming Tariffs (W)
US-China tech wars threaten global sector disruption (FT)
Xi and Kim hold second meeting in China (FT)

Industries & companies
Autos: Tesla Gets a Vote of Confidence With Supplier Orders Accelerating (B)
Financials: Deutsche Bank Weighs Cutting U.S. Staff by About 20% (B)
Financials: Goldman, Wells Fargo Look to Credit Cards for Bigger Returns (B)
Industrials: Boeing may lose $20 billion in aircraft deals as Trump to pull US out of Iran nuclear pact (C)
Retail: Why beauty is beating the rest of the retail sector (FT)

Corporate finance
Vodafone to Buy Liberty Global’s European Assets (W)
Toshiba Pessimistic About Prospects for $18 Billion Chip Deal (W)
Comcast Sets Stage for Possible Fox Bid, With Eye on Thwarting Disney (W)
Comcast Bid Would Create ‘Huge Behemoth’ With $170 Billion Debt (B)
Xiaomi Cuts IPO Valuation Target to $70 Billion to $80 Billion (W)