wiar 11-30-18

Mary FanslauWhat I Am Reading

November 30 (Friday)

Markets
Did Fed’s Powell ‘light the fuse’ for a year-end stock-market rally? (MW)
Deutsche Bank Warns Powell’s Remarks Were ‘Misunderstood’ by Markets (B)
Markets, the Fed is not your man (FT)
This ‘elephant in the room’ could slam stocks, Wall Street bear David Rosenberg warns (C)
Is Wall Street still too bullish on FAANG? Some say so (C)
Why Lower Oil Prices Might Be Trouble For Trump (WP)

Central banks
Fed points to December rate hike but is worried about tariffs and debt (C)
The Fed is still tweaking its balance sheet unwind (C)
Cramer: Fed’s Powell made a ‘rookie mistake’ but is now doing the ‘sensible thing’ on rates (C)
Bond Traders Everywhere Reprice Rate Outlook as Growth Sputters (B)

US
Consumers Step Up Spending to Start Fourth Quarter (W)
Pending Home Sales in U.S. Declined to Four-Year Low in October (B)

US politics
President Trump Bashes the Fed. This Is How the Fed Chief Responds. (W)
New Hampshire Democrats invite rising star Beto O’Rourke to the crucial presidential primary state (C)
White House to Hold Roundtable With Tech Executives (W)
Trump touts his tariffs for generating ‘billions’ in revenue, but that’s just a drop in the bucket (C)

Geopolitics & trade
U.S. and China Exploring Deal to Ease Trade Tensions (W)
Trump Hints at China Trade Deal Ahead of G-20 (B)

Industries & companies
FAANGs: Amazon Makes Inroads Selling Medical Supplies (W)
FAANGs: Amazon has a new way to record HD TV shows even if you don’t pay for cable — here’s how it works (C)
FAANGs: Facebook Considered Charging for Access to User Data (W)
FAANGs: Mark Zuckerberg Has Lost Control of Facebook
Retail: More trouble for malls: A new wave of closures from Gap, Victoria’s Secret and others (C)
Retail: Dollar Tree Sales Rise (W)
Tech: HP Profit Surges as PC Business Remains Strong (W)

Technology
Robot Reality Check: They Create Wealth—and Jobs (W)