wiar 07-12-18

Mary FanslauWhat I Am Reading

July 12 (Thursday)

Markets
Fresh Trade Threats Drag on U.S. Stocks (W)
China has its currency to use as a weapon in trade war with Trump (C)
Trump’s Trade War Sinks China’s Yuan Most Since 2015 Devaluation (B)
These are the 3 biggest things to worry about this earnings season (MW)
Stocks Quants Are Reeling From the Worst Run in 8 Years (B)

Central banks
Fed Could Avert an Inverted Yield Curve. But It Won’t. (B)
Stronger Economy Brings More Fed Officials on Board With Rate-Rise Plans (W)

US
U.S. producer inflation rises on strong services gains (R)
Average Gas Price Nears $3 a Gallon, Raising Worries for U.S. Economy (W)

US politics
The Supreme Court Won’t Stop Executive Overreach (W)

Geopolitics & trade
U.S.-China Trade Talks Grind to a Halt (B)
China Seeks Ways to Retaliate After U.S. Plans New Tariffs (W)
China tells the U.S. to stop hurting itself in the trade war (WP)
U.S. Promises a ‘Reckoning’ If China Doesn’t Change Trade Policy (B)
China and U.S. Impose Tariffs on Trade Flows That Don’t Exist (B)
Opinion: If Trump’s tariffs sink China, be on high alert for the U.S. to follow suit (MW)
Trump Floats Idea NATO Allies Should Double Defense Spending Target (B)

Industries & companies
Financials: Investors Look to Earnings to Snap Big-Bank Share Slump (W)

Corporate finance
Comcast Expected to Raise Sky Offer, After Fox Sweetened Bid (W)

Offbeat
How 20-Year-Old Kylie Jenner Built A $900 Million Fortune In Less Than 3 Years (FR)