wiar 12-06-18

Mary FanslauWhat I Am Reading

December 06 (Thursday)

Markets
Global Stocks Drop as Hopes for Trade Truce Fade (W)
A flattening yield curve has investors spooked – three experts weigh in on what happens next (C)
Flatter Yield Curves Aren’t Always Bad News—but This One Is (W)
Apollo’s Leon Black Says Credit Markets Are In ‘Bubble Status’ (B)
Italian Bond Yields Fall to Five-Month Low as Budget Hopes Grow (B)

Currencies & commodities
EU Takes on Dollar’s Global Dominance in New Push For Euro (B)
OPEC+ Recommends Oil Cuts, But No Deal Yet on Size of Curbs (B)

US
Tariff effects broaden across U.S., wage growth higher: Fed (R)
Business’s Climate Challenge: Getting Customers to Pay (W)
Slowing consumption makes economies more vulnerable to ‘negative shocks,’ St. Louis Fed says (C)

Europe
France Tops OECD Table as Most Taxed Country (W)

Geopolitics & trade
China Says There Is ‘Clear Timeline’ on Trade Negotiations (W)
China confident on U.S. trade pact, Trump cites Xi’s ‘strong signals’ (R)
It was a ‘mistake’ for Trump to agree on a trade cease-fire with China at G-20, researcher says (C)
Foreign Steel Keeps Flowing Into U.S. Despite Tariffs (W)
Huawei Loses Business From Top U.K. Carrier as Scrutiny Intensifies (W)

Industries & companies
Airlines: Behind Boeing’s Omission of Details on Safety in Manual (W)
FAANGs: Facebook Wielded Data to Reward, Punish Rivals, Emails Show (B)
Financials: Wells Fargo Firing Dozens of Regional Managers in Retail-Bank Cleanup (W)

Offbeat
‘A Noble Man’: U.S. Honors George H.W. Bush (W)
Mike Bloomberg says he’d try to sell Bloomberg LP if he becomes president (C)