wiar 09-19-18

Mary FanslauWhat I Am Reading

September 19 (Wednesday)

Markets
Stocks Shrug Off New Tariffs to Post Gains (W)
America First Won’t Last Much Longer in Stocks, JPMorgan Warns (B)
Investors load up on U.S. stocks while growing cautious about the rest of the world, survey shows (MW)
China’s Plunge-Protection Team Is Poised to Save Stock Markets (B)

Credit
China Cuts U.S. Treasury Holdings as Trade War Starts Heating Up (B)
Giant Debt Offer Shows Appetite for Low-Rated Companies (W)

Central banks
ECB Succession Race Tests German Faith in Bundesbank Model (W)

US
Benefit Gains Exceed Wage Growth, New Labor Data Show (W)
Here’s how much members of Generation X have racked up in debt (C)

Europe
Germany’s Intelligence Chief Loses Post Over Comments on Far-Right Protests (W)

US politics I
Senators Get Their Message Out Ahead of Kavanaugh Hearing (W)
Kavanaugh accuser Ford has yet to confirm she will testify before the Senate Judiciary Committee (C)
Trump Says He Feels ‘Terrible’ for Kavanaugh Over Claim He Assaulted Woman (B)

US politics II
Kudlow suggests entitlement reform is coming, which is just what Democrats wanted to hear as they hammer GOP (C)
‘Another trillion in debt, here we come’: Cohn sees Trump working with Democrats on infrastructure (C)
Ted Cruz holds solid lead over Democrat Beto O’Rourke as GOP aims to avoid Texas disaster, poll says (C)

Geopolitics & trade
China Retaliates With Tariffs on More U.S. Goods (W)
U.S. Orders Chinese Media Firms to Register as Foreign Agents (W)
Canada’s Trudeau under growing pressure to get NAFTA deal done (C)
Koreas’ Talks Begin With Goodwill, if No Quick Results (W)

Industries & companies
FANGs: Facebook and Financial Firms Tussled for Years Over Access to User Data (W)
FANGs: iPhone XS and XS Max Review: Sit Tight for the XR (W)
Media: HBO and Netflix Tie for Emmy Awards (W)

Corporate finance
DOJ Opened Probe of Tesla After Musk’s Going-Private Tweet (W)

Offbeat
SpaceX’s First Moon Tourist Is a Japanese Billionaire (W)
Elon Musk considers going to the moon: ‘Maybe I would join on this’ SpaceX flight (C)
Three Crypto Exchanges May Be Operating Illegally, N.Y. Says (B)