wiar 06-28-18

Mary FanslauWhat I Am Reading

June 28 (Thursday)

Markets
Tech Stocks Slide With Trade Angst Growing (B)
This Inverted Market Curve Is Already Causing Investors Pain (B)

US
For Young Adults, Economic Security Matters for Marriage (Census)
The Economic Effects of the Opioid Crisis (FRB-RIC)
The GDPNow estimate for real GDP growth (saar) in Q2 is 4.5% on 6/27, down from 4.7% on 6/19 (FRB-ATL)

US politics
A huge Democratic upset, and Trump’s choices prevail: Here are Tuesday’s notable primary results (C)
Trump says search to replace Supreme Court Justice Anthony Kennedy ‘will begin immediately’ (C)
Ex-Fox News Executive to Be Offered White House Communications Post (W)
Lawsuit Challenges Trump’s Authority to Impose Tariffs (W)

Geopolitics & trade
Trump Decides Against Harshest Measures on China Investments (B)
Trump hits Harley Davidson again: ‘I’ve done so much for you, and then this.’ (C)
North Korea Upgrading Nuclear Site Despite Promises (W)

Industries & companies
Autos: Automakers to Trump: Tariffs will drive up auto prices and cost thousands of jobs (C)
Autos: Musk Says ‘Rude Awakening’ Awaits Bearish Goldman Sachs Analyst (B)
FANGs: This Amazon job post may reveal the e-commerce giant’s next move in China (C)
FANGs: Google just rebranded its $100 billion advertising business because the desktop is dying (C)
FANGs: Facebook’s Latest Problem: Tracking Where the Data Went (W)
Retail: Amazon Prime deals roll out to Whole Foods stores this week — here’s what you can expect (C)

Corporate finance
U.S. Gives Approval for Disney’s $71 Billion Deal for Fox Assets (W)
A Frozen Foods Deal to Melt the Competition (W)
Lyft is now worth $15.1 billion (C)

Technology
We Have Reached Peak Screen. Now Revolution Is in the Air. (N)
AI Is About to Make Video Ads a Lot Less Annoying (FN)
Fancy a Margherita? Robot serves up pizzas in France (R)
I answered the restaurant phone when Google’s human-sounding AI called — this is what it’s like (C)