wiar 07-18-18

Mary FanslauWhat I Am Reading

July 18 (Wednesday)

As China Slows, Dividends Might Cushion the Blow (BR)
Daily Markets Overview

The Rising Dollar Is Weighing on Corporate Earnings (W)
Treasury Yield Curve Is Heading for Inversion, Fund Managers Say (B)

Central banks
Powell Says Fed Should Keep Gradually Raising Interest Rates (W)
Trade Barriers Threaten Wages and Growth, Fed’s Powell Says (B)
Powell: ‘Rising chorus of concern’ from business over tariffs (C)

U.S. Industrial Production Rebounded in June (W)
Without Better Training, U.S. Will Fall Short on Workers, Economists Say (W)
Wages aren’t growing when adjusted for inflation, new data finds (MW)

Geopolitics & trade
Trump Reverses Summit Remarks, Saying He Accepts Russia Meddled in Election (B)
Japan, EU Sign Trade Deal: ‘We Stand Together Against Protectionism’ (W)
Why U.S. Metals Tariffs Are Unlikely to Change Trade Patterns (W)

Industries & companies
Consumer: Johnson & Johnson’s Pharma Business Fuels Sales Growth (W)
FANGs: Amazon says US Prime Day sales ‘so far bigger than ever’ as glitch is resolved (C)
FANGs: Netflix Shares Skid as Subscriber Growth Misses Mark (W)
Financials: Goldman Names Solomon CEO, Ending 12-Year Run For Lloyd Blankfein (W)
Financials: Five things on the ‘to-do’ list for the new Goldman Sachs CEO (MW)
Health Care: UnitedHealth Raises Profit Outlook (W)
Media: Over 5 million U.S. consumers will cut the cord in 2018: survey (MW)
Retail: Amazon Foes Walmart and Microsoft Deepen Tech Partnership (W)

Astronomers Discover 12 New Moons Around Jupiter (W)
Chinese Hit Movie ‘Dying to Survive’ Injects Urgency in Drug-Price Push (W)