wiar 08-30-18

Mary FanslauWhat I Am Reading

August 30 (Thursday)

Nasdaq and S&P 500 reach all-time highs as Amazon, Alphabet and Apple rally (C)
Is This a Market Melt-Up? Here Are Some Ways to Tell: QuickTake (B)
Small Stocks Hang On to Big Gains, for Now (W)
Corporate America Is On a Roll With Best Profit Gain Since 2014 (B)
Here’s how a ‘tug of war’ in the bond market could send yields tumbling (MW)

Central banks
It Would Be a Whole New Economy If the Fed Pauses at ‘Neutral’ (B)
Does Amazon Have More Power Than the Federal Reserve? (New Republic)

U.S. GDP Growth Revised Up in Second Quarter (W)
U.S. Workers Report Highest Job Satisfaction Since 2005 (W)
U.S. Pending Home Sales Fell in July Amid ‘Overheated’ Markets (B)

A Chinese Tesla Rival Launches $1.3 Billion U.S. IPO (W)

The Turkish lira is diving after Moody’s warns the worst is yet to come for the country’s banks (BI)

US politics
Elizabeth Warren’s Theory of Capitalism (Atlantic)
New York Gov. Cuomo and Challenger Cynthia Nixon Set to Square Off in Debate (W)
The New Lobbying: Qatar Targeted 250 Trump ‘Influencers’ to Change U.S. Policy (W)

Geopolitics & trade
Trump Sees Nafta Deal Likely This Week After Canada Talks Go ‘Well’ (B)
Canada Voices Optimism on Nafta, Says Auto Deal Was Reached (W)
‘Made in Japan’ Is Now Big in China (W)

Industries & companies
Home Builders: Home-Builder Shares Miss Out on Stock Rally (W)
Tech: Tech Sector Drives U.S. Stocks Higher (W)
Tech: Micron: Spend While You’ve Got It (W)