wiar 07-23-18

Mary FanslauWhat I Am Reading

July 23 (Monday)

Markets
Stocks at a Standstill as Earnings Offset Tariffs (BR)
Prolonged Slump in Bond Liquidity Rattles Investors (W)
Biggest risk in bond market isn’t rising rates or Fed vs. Trump. It’s the inverted yield curve. (C)

Central banks
Trump’s Fed Smackdown Could Backfire (BR)
Is the Fed Partly to Blame for Wage Stagnation? (BR)

US politics
Democrats need a blue wave in Pennsylvania to win the House. So they’re focusing on towns like Bethlehem (C)

Trade
Mexico, Canada optimistic about NAFTA despite G20 trade tensions (R)
Trade Tensions Threaten Global Economic Growth, G-20 Cautions (B)
German industry groups warn U.S. on tariffs before Trump-Juncker meeting (R)
2.5 Billion Pounds of Meat Piles Up in U.S. as Exports Slow (W)

Geopolitics
Russian-backed air strikes hit Islamic State in southern Syria: sources (R)
Russia unveils ‘fake news’ legislation designed to police ‘inaccurate’ user comments (C)
Accused Russian agent met U.S. Treasury, Fed officials (R)
Top US commander in Korea: Material needed for North Korea to make nuclear bombs is still intact (C)

Industries & companies
Autos: Here’s why Tesla’s Model 3 may face declining demand, despite Elon Musk’s claims (C)
FANGs: The Story Behind Google’s Secret Offer to Settle EU’s Android Probe (B)
FANGs: China Targets Apple With Push Into Advanced Screens (W)

Corporate finance
Papa John’s board reportedly set to discuss ‘poison pill’ to prevent Schnattner from taking control (C)