wiar 09-25-18

Mary FanslauWhat I Am Reading

September 25 (Tuesday)

Markets
Dow Industrials Fall as Hopes for Trade Truce Fade (W)
Meet the Bear-Market Stocks Hiding in S&P 500’s Record Run (W)
The Strong Dollar Is Driving Profits for U.S.-Focused Companies (B)
Brent Crude Tops $80, Closes at Highest Level Since 2014 (W)

Central banks
Policy Makers Rethink a 2% Inflation Target (W)

US
Builders Slump as U.S. Housing Market Shifts to the Slow Lane (B)

Europe
France Unveils Billions in Tax Cuts as Support for Macron Ebbs (W)

US politics
Republicans Vow to Back Kavanaugh Amid New Allegation (W)
Kavanaugh Says He’s ‘Not Going Anywhere’ in Fox News Interview (B)
Rosenstein Will Meet Trump to Consider His Future at DOJ (W)

Geopolitics & trade
Trump Pursues Trade Deals in Asia, Europe Amid Frostiness With China (W)
China Says Trump Administration Is a Trade Bully (W)
Navarro: China’s ‘egregious practices’ make it tougher to get a trade deal (C)
Navarro says Trump’s trade strategy may create market volatility, but will be bullish long term (C)
U.S. Reliance on Obscure Imports From China Points to Vulnerability (W)
New Chinese tariffs are about to make your home renovation more expensive (C)

Industries & companies
Restaurants: Starbucks Plans ‘Significant Changes’ to Company’s Structure (B)

Corporate finance
Kors Nears Deal to Buy Versace for Around $2.4 Billion (W)
Sirius Plunges Most Since 2011 After $3.5 Billion Pandora Deal (B)
Sears CEO Pushes a Rescue Plan to Avoid Bankruptcy (W)