wiar 11-28-18

Mary FanslauWhat I Am Reading

November 28 (Wednesday)

Markets
Wall Street bull sees 12%+ market surge over next 5 weeks (C)
Stock selloff is only half-done and final leg will come in 2019, warns Morgan Stanley (MW)
Why Oil Prices Took Such a Tumble, and What Comes Next (W)
When Blue Chip Corps Pile on Debt, It’s Time to Worry (N)

US
Another Warning Sign That the U.S. Economy Will Slow Next Year (B)
Nine Million Fewer Americans Shopped This Black Friday Weekend (B)
Home-Price Gains Continue to Slow in September (W)
U.S. Consumer Confidence Slips From 18-Year High (W)

China
Drugmakers Gain More Access to China, But at a Price (W)

Central banks
Fed Officials Acknowledge Economic Weaknesses Yet Remain Upbeat (B)
Transcript: Q&A With Fed Chairman Jerome Powell in Dallas (W)
Missing Word in Clarida Speech Creates Some Mystery on Fed Rates (B)
Fed Enters a New, Less Predictable Policy-Making Phase (W)
Here’s what to expect from Fed Chief Powell’s most important speech yet (C)
Fed Balance Sheet in Focus: These Are the Market Clues to Watch (B)
Fed talk is changing so quickly that markets may soon expect a ‘Powell put,’ El-Erian says (MW)
3 Words and $3 Trillion: The Inside Story of How Mario Draghi Saved the Euro (B)

US Politics
GM shares fall after Trump threatens to cut subsidies for company as retaliation for layoffs (C)
Trump threatens to strip GM of a tax credit its about to lose anyway (C)
Last-minute tax break bill likely won’t pass in Congress (C)

Geopolitics & trade
Trump and Xi to Meet for Dinner Saturday in Pivotal Moment for Trade War (B)
Kudlow: White House and China are holding trade talks ‘at all levels’ ahead of Trump-Xi meeting (C)
Trump Expects to Move Ahead With Boost on China Tariffs (W)

Industries & companies
FAANGs: Amazon says it had its biggest shopping day ever on Cyber Monday (C)
FAANGs: Amazon Starts Selling Software to Mine Patient Health Records (W)
FAANGs: Amazon launches cloud service to capture data from satellites (C)
FAANGs: Here’s what top analysts think of Apple after the iPhone tariffs threat: ‘Trump piles on’ (C)
Financials: Deutsche Bank Weighs New Shake-Up (W)
Industrials: GM plan is good for GM — and it could shake up things at Tesla and Ford, too (MW)
Media: Disney Consolidates Ad-Serving With Google, Ends Relationship With Comcast’s Freewheel (W)