wiar 06-06-18

Mary FanslauWhat I Am Reading

June 06 (Wednesday)

Markets
Tech stocks rally offsets trade dispute concerns (FT)
This Latest Tech Stock Record Is All About the FANGs (B)
Investors Are Getting Used to Trade War Bluster (B)
Emerging Markets in May Saw Biggest Outflows in 18 Months (B)
Italian bond prices fall after Conte speech (FT)

Central banks & IMF
Fed’s dilemma grows after EM and Europe turmoil (FT)
ECB QE Debate Next Week Might Lead to Policy Change (B)
Global Growth Set to Ebb as Expansion Shows Age, World Bank Says (B)

US
U.S. Job Openings Rise to Record, Exceeding Number of Unemployed (B)
Services Sector Businesses Are Struggling to Get Supplies They Need (W)
Social Security Expected to Dip Into Its Reserves This Year (W)
Medicare Fund Falls Short in 2026, Sooner Than Last Forecast (B)

Europe
Italy’s Euroskeptic Agenda Reflects Weakening Public Support for the EU (W)
Conte bullish on Italy’s ‘negotiating power’ with EU (FT)

US politics
Schultz 2020? Other C.E.O.s Will Be Watching Closely (N)
Expat Americans given reprieve on US repatriation tax (FT)

Geopolitics & trade
China Offers to Buy $70 Billion in Goods to Fend Off Tariffs (W)
A Trump-Kim Deal Could Send China’s Trade With North Korea Soaring (N)
Trump Wants to Divide Nafta Talks Into 2 Separate Deals (N)
Mexico Lists Retaliatory Tariffs Against U.S., Adds Bourbon (W)
Mattis attacks Beijing for ‘coercion’ in South China Sea (FT)

Industries & companies
FANGs: Behind the Messy, Expensive Split Between Facebook and WhatsApp’s Founders (W)
FANGs: Apple’s New Features Take Aim at Facebook (W)
Finance: Wells Fargo to Sell 52 Branches to Flagstar (W)

Technology
Driverless Cars Still Handled by Humans—From Afar (W)