wiar 11-10-18

Mary FanslauWhat I Am Reading

November 10 (Saturday)

Markets
Dow drops 200 points on worries about slowing global economic growth (C)
Trying to Salvage a Ruined Year in Stocks With Seven Weeks to Go (B)
Struggling commodity prices signal more trouble could be ahead for the stock market (C)
Goldman Sachs Sees S&P 500 Profit Growth Slowing to 4% in 2020 (B)
US crude oil posts longest losing streak in over 34 years, falling for 10th day (C)
The Dollar Is a Haven in Sea of Uncertainty (B)

Central banks
China’s Central Bank Ready to Tackle ‘Profound’ Economic Changes (B)

US
U.S. Producer Prices Surged in October (W)
Consumers Poised to Pick Up Spending Heading Into Holiday Season (W)
Tax-Cut Split: Consumers Are Spending but Businesses Are Cautious (W)

China
Is China’s massive bear market a buying opportunity? (MoneyWeek)

US politics
Trump jumps into tight Senate races wielding conspiracy theories (C)
Former Starbucks CEO Howard Schultz assembles an elite PR team as he considers running for president (C)
Trump is telling people he wants to replace Commerce Secretary Wilbur Ross by the end of the year (C)

Geopolitics & trade
White House trade advisor Navarro says China trade deal will be on Trump’s terms, not Wall Street’s (C)
Top U.S., China Officials Discuss Trade, North Korea, South China Sea (W)

Industries & companies
FANGs: More Apple products are coming to Amazon under a new deal (C)
Financials: Almost Half of Big U.S. Banks Are Failing to Satisfy Fed Supervisors (B)
Homebuilders: Homebuilders are facing a make-or-break level, according to charts (C)
Pot: Pot companies set to reveal earnings less than a month after Canadian legalization (MW)
Retail: Investors focus on retailers as wages rise (R)

Technology
Robot Design Goes Back to Nature (W)

Offbeat
Like Alexandria Ocasio-Cortez, many Americans can’t afford an apartment when they move for work (MW)