wiar 11-23-18

Mary FanslauWhat I Am Reading

November 23 (Friday)

Markets
Amidst Roaring Economy, Markets Sound Alarms (W)
Global Selloff Tests Changed Credit Market (W)
A $9 trillion corporate debt bomb is ‘bubbling’ in the US economy (C)

Energy
Texas Is About to Create OPEC’s Worst Nightmare (B)
Natural High: Gas Sellers Spared From China’s Market Slump (W)

Central banks
ECB Mentions Inflation Less as Rate Holds Near Target: Chart (B)

US
Durable-Goods Orders Fall, Signaling Slowing Momentum (W)
Home Sales Suffer Largest Annual Drop in Four Years (W)
U.S. Consumer Sentiment Pressured by Volatile Stocks (W)

Europe
The U.K. and the European Union reach agreement on outline of post-Brexit relationship (MW)
Theresa May’s Brexit deal is ‘worst of all worlds,’ opposition Labour leader says (C)

Japan
Want a free country house in Japan? They’re giving them away (C)

US politics
Trump warns of government shutdown next month over border security (C)
Trump’s written answers to special counsel questions come after a long, tortured road (C)
Trump Says He Closed Mexican Border and Authorized Lethal Force (B)

Geopolitics & trade
Global Tariffs Surge Ahead of Trump-Xi Talks at G-20, Study Says (B)
US-China trade war could go on until 2020 presidential elections (C)

Industries & companies
Airlines: Thanksgiving travel is busy, but smooth, at airports. It’s everything investors want (C)
Autos: Tesla cuts China car prices to absorb hit from trade war tariffs (C)
FAANGs: Not So Big in Japan: Apple Cuts Price of iPhone XR to Boost Sales (W)
FAANGs: Half of Jobs at Amazon’s Two New Headquarters Won’t Be Tech Positions (W)
Financials: Rising Rates Are Roiling Nonbank Mortgage Lenders (W)
Retail: The holiday season gives Macy’s the chance to prove its turnaround plan is working (C)
Retail: Retail’s Survivors Get a Lift (W)