wiar 06-21-18

Mary FanslauWhat I Am Reading

June 21 (Thursday)

Markets
Investors Agree With Trump: The U.S. Will ‘Win’ Any Trade War (B)
These Stocks Have Left Amazon Behind This Year (W)
Flat yield curve sends a grim message (FT)
Limitations Facing Other Oil Producers Enhance OPEC’s Power (W)
SoftBank: inside the $100bn fund shaking the tech world (FT)

Central banks
Monetary Policy at a Time of Uncertainty and Tight Labor Markets (Powell Speech, FRB)
Powell Says Solid Economy Supports More Fed Rate Rises (W)
Fed’s Powell says US can add more jobs without triggering 70s-style inflation (FT)
U.S. Trade Brawls Get Top Central Bankers Worried for Growth (B)
Central bankers play inflation waiting game (FT)

US
Disability Applications Plunge as the Economy Strengthens (N)

Emerging
Economic scramble for North Korea picks up pace (FT)

US politics
Trump Signs Order to End Separation of Immigrant Families Amid Firestorm (W)
American Airlines Asks Government Not to Use Its Flights to Carry Immigrant Children (N)
Michael Bloomberg: Why I’m Supporting Democrats in 2018 (B)

Trade I
Germany’s Largest Auto Makers Back Scrapping EU-U.S. Car Import Tariffs (W)
White House Sees Edge in Trade Dispute With China (W)
Wilbur Ross Announces First Results From 20,000 Tariff-Exclusion Requests (W)
Opinion: Trump is right to confront China’s high-tech theft (MW)
Why the U.S. Should Drop All Tariffs (N)

Trade II
Ross blames speculators for driving up steel price (FT)
There Are Signs China Soy Buyers Are Already Reacting to Tariffs (B)
US consumers poised for impact of China tariffs (FT)

Industries & companies
Autos: As Auto Industry Transforms, Ford and Volkswagen Consider an Alliance (N)
FANGs: How Amazon Became One of Washington’s Most Powerful Players (W)
FANGs: Facebook Surges Past $200 as Privacy Woes Fade, Instagram Grows (B)
Health Care: Berkshire, Amazon, JPMorgan Pick Surgeon to Lead Health-Care Venture (W)
Retail: Walgreens Is What You Get When You Can’t Put Amazon in the Dow (B)
Retail: Starbucks Shares Slide as Company Plans More Store Closures (W)
Tech: Oracle’s Cloud Thickens (W)

Corporate finance
Disney Sweetens Deal for Fox Assets, Topping Comcast Bid (W)
Disney Is Near U.S. Antitrust Approval on Fox in a Blow to Comcast (B)

Offbeat
Immigration Myths and Global Realities (N)
How Tech Companies Conquered America’s Cities (N)