wiar 10-16-18

Mary FanslauWhat I Am Reading

October 16 (Tuesday)

Markets
Why the market is suddenly concerned Saudi Arabia will weaponize oil in Khashoggi dispute (C)
Goldman says the sell-off is just about over and tells investors to get back into growth stocks (C)
Small Caps Become Latest Winning Trade to Collapse (W)
FAANG Stock Losses Continue to Mount (B)
Emerging-Markets Selloffs: This One Is Different (W)
U.S. Tax Changes Hit Global Investment Flows (W)

Credit, currencies, & commodities
The Treasury 10-Year Yield May Not Be Above 3% for Long (B)
U.S. to Blame for Weaker China Currency (W)
U.S.-Saudi Tensions Put Oil-Price Discounts Into Play (W)

Central banks
Yellen Calls Trump’s Attack on Fed Counterproductive (W)

US
U.S. Retail Sales Rise Less Than Expected in September (W)
Actual Storms, Not Economic Ones, Explain Retail Sales Dip (W)

Europe
Merkel’s Allies Hit With Worst Election Showing Since 1950 (W)
May and Macron Strike Dovish Tone Before Big Brexit Summit (B)

US politics
Trump’s First Annual Budget Deficit Rises to a Six-Year High (B)
Trump, Calling Mattis a Democrat, Opens Door to His Exit (W)
Exclusive: Facebook to ban misinformation on voting in upcoming U.S. elections (R)
Why This Election Is So Hard to Predict (W)

Geopolitics & trade
Trump hints at ‘rogue killers’ in journalist disappearance (R)
It would’ve been nearly impossible for journalist Khashoggi to record inside the Saudi consulate using his Apple Watch (C)
JP Morgan and Ford cancel plans for Saudi investor event (R)

Industries & companies
FANGs: Google’s new Pixel 3 and Pixel 3 XL are two of the best Android phones you can buy (C)
Financials: Bank of America Profit Rises 32% (W)
Media: A Drama CBS Can’t Cancel—the One in Its Boardroom (W)
Media: Attention Shoppers: The Background Music You Hear May Not Be Licensed (W)
Retail: U.S. Retail Sales Miss Forecasts as Restaurant Receipts Drop (B)

Corporate finance
Sears, Finally Bankrupt, Now Tries to Avoid ‘Dustbin of History’ (B)
Icahn to Oppose Dell’s Purchase of DVMT Tracking Shares (W)

Technology
Jeff Bezos says tech’s biggest problems don’t have solutions yet, but ‘we’ll figure them out’ (C)

Offbeat
Hurricanes Blamed for Biggest Cuts to S&P 500 Earnings Estimates (B)