wiar 08-18-18

Mary FanslauWhat I Am Reading

August 18 (Saturday)

YRI
Video podcast: The longest bull market in history? Sure, why not? It is discounting what may soon be the longest economic expansion in history.
Daily Markets Overview

Markets
Wild Week Was Just Like All the Others in a Near-Record Bull Run (B)
Blue Chips Rise as Fears Over Turkish Lira Crisis Ease (W)
Is the Turkish crisis a buying opportunity? (MoneyWeek)
Trade talks and Fed Jackson Hole meeting could create more than the usual late August volatility (C)
The Case for Stock-Picking (W)
Flat Yield Curves Are No Reason to Sell Stocks (B)

US
U.S. Leading Economic Indicators Rose in July (W)
U.S. Consumer Sentiment Soured in August (W)
Youth Summer Jobless Rate at 50-Year Low (W)

Emerging
White House’s Kudlow says China looks ‘terrible.’ Numbers paint a murkier picture (C)
How Erdogan’s Push for Endless Growth Brought Turkey to the Brink (W)
S&P cuts Turkey credit rating deeper into junk territory (C)

Geopolitics & trade
U.S., China Draw Up Plan to Settle Trade Dispute by November (W)
U.S., Mexico Bridge Differences on Nafta Farm Goods (B)

Industries & companies
Autos: The Game Has Changed at Tesla (W)
Autos: Tesla Board Torn Between Service to Shareholders and Iconic CEO (B)
FANGs: Google Defends Push Into China Amid Censorship Concerns (W)
Industrials: Get in Line: Backlog for Big Rigs Stretches to 2019 (W)
Industrials: Deere Reports Strong Demand Despite Tariff-Concerned Farmers (W)
Industrials: Deere Says Trade Anxiety Is Getting Overblown in the Farm World (B)
Retail: Nordstrom Deserves Better (W)
Tech: Foxconn Pursues Chip Ambitions With Plans for China Plant (W)

Corporate earnings reporting
Trump Ignites Wall Street Debate With His Tweet on Earnings (B)
Trump Asks SEC to Study Six-Month Earnings Reporting (W)
A Guide to the Pros and Cons of Trump’s 6-Month Earnings Plan (B)
The End of Quarterly Reporting? Not Much to Cheer About (W)

Offbeat
US government is reportedly trying to force Facebook to help it wiretap Messenger (C)