wiar 06-04-18

Mary FanslauWhat I Am Reading

June 04 (Monday)

YRI
Veteran strategist Ed Yardeni on what’s keeping him so bullish (C)
Consumer Staples ETFs Could Find Some Relief (ETF Trends)
Daily Markets Overview
Markets
Dow Shows Nerves of Steel Amid Trade Tensions (BR)
Global Growth Story Fades, Dimming Market Optimism (W)
Where to Find Safe 5% Yields (BR)
Emerging markets face a dollar double whammy (FT)
Dollar’s Strength Adds Stress to Emerging Market Currencies (W)

Europe
Merkel sets out views on eurozone reform (FT)
Lack of reform, not Italy, will break the eurozone (FT)
Italy’s Crisis Is Also Europe’s Opportunity (BR)
Tragedy or farce? Italy’s political crisis (E)
Italy needs to be handled with care (E)
How Do You Solve a Problem Like Italy? (BR)

Europe II
Why Italy Is Flirting with Euro Exit and Spain Isn’t (W)
Italy Likely to Keep Euro, Even Under Populists (BR)
Italy’s eclectic new cabinet raises eyebrows (FT)
Matteo Salvini’s quest for power (E)
UniCredit pushes for merger with SocGen (FT)

US politics
Trump probably has power to pardon himself, says lawyer (FT)
In Race to Succeed Paul Ryan, More Names Pop Up (W)

Trade
U.S., China End Latest Trade Talks Without Settlement (W)
Kudlow Says Don’t Blame Trump as China Warns of Trade Pullback (B)
Trump’s ‘America First’ Disrupts Yet Another European Project (B)
U.S. Allies Issue Rare Rebuke of American Trade Actions (W)
Steel Tariffs Are Taxing Some American Companies (W)
Tariffs Won’t Dent Steelmakers (BR)

Geopolitics
Potential Summit Between Trump and Putin Is Being Discussed (W)
US pledges total N Korean de-nuclearisation (FT)

Industries & companies
Autos: GM’s Rebuilt Finance Arm: Profits Minus the Mortgage Mess (W)
FANGs: Facebook to Drop Trending-Topics Feature (W)
Health Care: In Health Care, Fidelity Targets Secular Growth (BR)
Media: ‘Solo’ Plummets in Second Weekend Despite Little New Competition (B)
Pharma: Merck cements its dominance of immunotherapy (FT)
Tech: American tech giants are making life tough for startups (E)

Technology
Does China’s digital police state have echoes in the West? (E)
Google to disclose ethical framework on use of AI (FT)
Blockchain start-up raises more than $4bn (FT)

Offbeat
Doctors Suggest Less Chemo, Surgery for Some Cancer Treatments (W)