wiar 07-11-18

Mary FanslauWhat I Am Reading

July 11 (Wednesday)

Markets
Global Markets Are Shaking Off China’s Flashback to 2015 (B)
China Bulls Keep Faith in Soaring Earnings After Stock Rout (B)
What Foreign Investors are Buying and Selling After China’s Rout (B)
Trade Conflict Ripples Through Emerging Markets (W)
Investors face ‘devastating losses’ if this ‘remarkably accurate’ indicator flashes (MW)

Earnings
Amid Market Lull, Investors Pin Hopes on Earnings Boom (W)
Tech companies and banks are expected to post big numbers this earnings season (C)
Bank earnings are expected to shine, but their stocks may not (MW)

Commodities
U.S. Is Set to Become World’s Top Oil Producer, Government Says (B)
Supply Crunch Lifts Oil to 3½-Year High (W)

Central banks
Chart of Century Gives Powell Gloomy Glimpse of Trade-War World (B)

US
Tax Law May Stimulate Economy Less Than Expected, or Maybe Not at All (W) | FRB-SF Economic Letter
Employers are looking to fill millions of jobs. Here’s where to find one (C)
Americans quitting their jobs at fastest rate since 2001 — and that’s a good thing (MW)
Factory Workers Don’t Get Laid Off Like They Did Before the Recession (W)

Europe
Germany’s Interior Minister Unveils ‘Master Plan’ to Cut Immigration (W)

US politics
Kavanaugh Could Usher In Even More Business-Friendly Era on Supreme Court (B)
Kavanaugh’s Record: Regulations, Guns, ACA and Abortion (W)
Kavanaugh paper chase threatens to draw out confirmation battle (PO)
Supreme Court Pick Fuels Senate and Midterm Battles (W)

Trade
Tariff Dispute Threatens Exports of American-Made Cars (W)

Industries & companies
Autos: Tesla to Build Shanghai Plant (W)
Autos: Tesla’s Missing Number in China Factory Agreement: The Price Tag (B)
Consumer: PepsiCo Reports Slowing Decline in Beverage Sales (W)
FANGs: Apple put Google’s former AI boss in charge of Siri and machine learning (C)
Financials: Morgan Stanley Elevates CEO Contender (W)
Media: AT&T’s Troubling Plan to Change HBO (The Atlantic)
Retail: Stitch Fix jumps 9 percent after launching kids clothing service, bullish analyst call (C)
Tech: Microsoft Adds a Lower-Cost Tablet in Challenge to Apple’s iPad (W)

Corporate finance
Why a $1 Trillion Mountain of Private-Equity Cash Matters (W)

Offbeat
All 12 Thai Boys, Coach Rescued From Cave (W)
China Bans Ads on Booming Video App (W)