wiar 05-29-18

Mary FanslauWhat I Am Reading

May 29 (Tuesday)

YRI
Why the FANG Stocks’ Dominance May Not Be So Bad for the Market (The Street)
Daily Markets Overview

Markets
The Real Danger for Stocks (BR)
China’s Equity Market Is About to Score a Rare and Timely Win (B)
China’s Hottest Stocks Are Drugmakers as Other Industries Falter (B)
Italian Banks Lead Stock Declines After Government Plan Unravels (B)
Emerging markets turmoil can be navigated profitably (FT)
Playing the Oil Rally Ahead of a Key OPEC Meeting (BR)

US
As Global Growth Loses Steam, U.S. Investors Find There’s No Place Like Home (W)

Europe
The growing strains between Angela Merkel and Emmanuel Macron (E)
Italy’s Populists Mobilize in Protest for Early Elections (B)
Fresh Elections in Sight for Italy After Political Crisis (W)
Spain’s Rajoy to face no confidence vote on Friday (FT)

China
When the Chips are Down, China’s Tech Giants Will Step Up (W)
Chinese Smartphone Maker Xiaomi Stakes Its Future on Europe (W)
Volkswagen Opening Three New Factories in China to Handle SUV, Electric Boom (B)
China’s $10 Trillion Shadow Bank Crackdown Has a Long Way to Go (B)

Emerging
Argentina and Turkey: A Tale of 2 Crises (BR)

Geopolitics
New U.S. Sanctions On Hold as North Korea Talks Progress (W)
For Trump, the Challenges From China Multiply (W)
China Set to Approve Qualcomm-NXP Deal, a Sign of Easing Trade Tensions (W)

Industries & companies
Health Care: J&J Gets Different Outcomes in Baby-Powder Trials (W)
Retail: India’s Biggest Competitors to Walmart and Amazon? Mom and Pop (W)

Technology
AI Technology Revolution Is Just Getting Started (BR)

Offbeat
EU plans to ban plastic straws, cutlery and plates (FT)