wiar 09-29-18

Mary FanslauWhat I Am Reading

September 29 (Saturday)

Markets
Stocks End Little Changed on Last Trading Day of Third Quarter (W)
S&P 500 posts best quarter since 2013 (C)
Blowout Quarter for Stocks Has Mom and Pop All In, Pros Cautious (B)
Investors Stay Cautious on Bank Stocks (W)
Emerging Markets Face Expensive Oil, Weak Currencies (W)
After Another Quarter of Losses, Is Worst Over for Commodities? (B)

Central banks & OECD
OECD Business and Finance Outlook 2018 Highlights (OECD)
Summary of Opinions at the Monetary Policy Meeting on September 18 and 19, 2018 (BOJ)

US
U.S. Economic Growth Slated to Cool in Third Quarter (W)
Consumers Pulled Back Slightly on Spending in August (W)
Lower-Income Americans Drive Up Consumer Sentiment in September (W)
Core Inflation Remained Near Fed’s Target in August (W)
Trillion-Dollar Deficit? Whatever, Says New Washington Consensus (B)

China
Why So Many Underestimate China’s True Economic Power (Wharton)

US politics
Trump Orders Kavanaugh FBI Probe After Senate Delays Confirmation Vote (B)
Video: Women Protesters Confront Sen. Flake Outside Senate Meeting (W)
Rosenstein to Meet with Lawmakers Over Secret Recording Report (W)
House Passes Extension of Individual Tax Cuts (W)

Geopolitics & trade
Mexico Pushes to Keep Canada in Nafta (W)

Industries & companies
Autos: Tesla Enlists Employees to Be ‘Full Self-Driving’ Beta Testers (B)
FANGs: Facebook Security Flaw Affected Nearly 50 Million Accounts (W)
FANGs: Apple Scores a Win in Qualcomm Trade Spat (W)
FANGs: Amazon Enters Bed Market With Low-Cost Basic Foam Mattress (B)
Industrials: GE shares post one of the worst weeks of the year, down 7% (C)
Tech: Intel Chip Shortage Ripples Through PC Industry (W)

Corporate finance
Global M&A volume flattens in third quarter as trade tensions loom (BI)
Slack Readies Early 2019 IPO (W)

Technology
How Dirty Money Disappears Into the Black Hole of Cryptocurrency (W)

Offbeat
Elon Musk Believed He Had Verbal Deal for Tesla Buyout (W)
35-Year-Old Unknown Creates the World’s Most Valuable Startup (B)
Writing in a Changing World (OECD)