wiar 10-15-18

Mary FanslauWhat I Am Reading

October 15 (Monday)

Why it’s never a good idea to sell when the market goes down quickly (C)
Here’s why one analyst thinks the sell-off could be saved by earnings (C)
Why the Stock Market Went Loco (BR)
Investors’ Curious Comfort With Junk Bonds (W)

Central banks
Draghi Says Key Global Risk Is Sudden Jump in Interest Rates (B)
BOJ’s Kuroda warns of darkening global prospects as trade tensions weigh (C)
Kuroda Says Signal for Stimulus Exit Would Be Change in Target Rate (B)

Tremors Rattling World Economy: Takeaways From IMF Talks in Bali (B)
Nobel Prize-Winning Economist Joseph Stiglitz on Why Globalization Is Under Threat (BR)

Housing Market Positioned for a Gentler Slowdown Than in 2007 (W)

Germany’s Merkel is facing a crucial test of one of her key alliances (C)

Japan manufacturers’ mood rises, trade worries weigh on outlook: Reuters Tankan (R)

China property market feels fresh chill, ‘winter’ is coming (R)
In China, a Dot-Com Déjà-Vu (W)
‘Innocent bystanders’: Emerging economies struggle to contain capital outflows (R)

US politics
A ‘Kavanaugh bump’ is boosting GOP Senate candidates. But Trump is a different story. (C)

Geopolitics & trade I
Why international pressure against Saudi Arabia could ‘escalate very quickly’ and bring pain for everyone else (C)
Saudi Arabia warns against sanctions over Khashoggi (R)
JP Morgan’s Jamie Dimon pulls out of Saudi conference (C)

Geopolitics & trade II
Trump Threatens Another Round of China Tariffs (B)
China finds Trump’s team ‘very confusing’ to diplomats, ambassador to US says (C)
Mnuchin Says He’s Not Worried China Would Unload Treasuries (B)
Tariffs Hit Those Trump Wants to Help: U.S. Factories (W)

Industries & companies
FANGs: Why Amazon’s minimum wage hike was ‘inevitable’, and how others may soon follow in its footsteps (C)
Financials: Banks Will Benefit from Rising Rates. Other Sectors, Not So Much (BR)
Tech: Tech Stocks Could Rebound Again but the Risks Are Growing (BR)

Corporate finance
Harris to merge with L3 in all stock deal, creating US defense giant with $34 billion market value (C)
Sears’ habit of liquidating outside bankruptcy is making it harder to save itself now (C)

Not everyone is ready to ride as autonomous vehicles take to the road in ever-increasing numbers (C)

Mega Millions jackpot soars to $654 million after no one wins Friday drawing (MW)