wiar 06-05-18

Mary FanslauWhat I Am Reading

June 05 (Tuesday)

Markets
Nasdaq Composite Climbs to Record (W)
Goldman Sachs Doesn’t Think There’s a Bubble in Tech Stocks (B)
A Decade Later, Stocks Behave Like Lehman Never Happened (W)
Value Investors Face Existential Crisis After Long Market Rally (W)
Italian companies insulated from market turbulence (FT)
Investor Confidence in Euro Economy Knocked by Italy Turmoil (B)

Central banks
ECB bond buying under scrutiny from Rome (FT)

Europe
Italy’s Populist Government Prepares to Face Parliament Vote (B)
Italy’s Sovereign Debt Holdings Still Manageable, Data Show (B)
Pro-Europe Spain looks to keep its distance from Italy (FT)

US politics
President Trump Asserts ‘Absolute Right’ to Pardon Himself (W)
Bernie Sanders—So 2016? His Support Does Little for Candidates in 2018 (W)

Trade
Global Trade Tensions Intensify (W)
How China Skirts America’s Antidumping Tariffs on Steel (W)
Canada Growth at Risk Due to Heightened Trade Anxiety: IMF (W)
Trump thinks he’s saving trade. The rest of the world thinks he’s blowing it up. (WP)

Geopolitics
Trump and Kim to Meet at 9 A.M. Singapore Time on June 12, White House Says (B)
As Trump Plans North Korea Summit, Defectors Tell Harrowing Stories (W)
South Korea Tamps Down Hopes for Peace Declaration With North (W)

Industries & companies
FANGs: Apple Unveils Ways to Help Limit iPhone Usage (W)
FANGs: Apple Upgrades Augmented-Reality Features With Multi-Player Mode (B)
FANGs: Facebook’s Latest Data Lapse Draws Critique From Lawmakers (B)
Restaurants: Starbucks Says Howard Schultz Is Stepping Down as Executive Chairman (B)
Retail: Walmart Sheds Majority Stake in Brazil Operation (W)
Tech: Microsoft’s GitHub Deal Is a Clean Break From Its Past (W)

Offbeat
Book Retailing Woes Undercut Excitement Over Clinton, Obama Titles (W)