wiar 12-11-18

Mary FanslauWhat I Am Reading

December 11 (Tuesday)

YRI
Video: The Huawei issue will be ‘compartmentalized’: Ed Yardeni (C)
Daily Markets Overview

Markets
Dow erases 500-point drop and closes higher in another wild session on Wall Street (C)
Global Recession Alarms Aren’t Ringing, Despite Market Mayhem (W)
The Economy Faces Big Risks in 2019. Markets Are Only Now Facing Up to Them. (N)
The next worry for U.S. stocks: shrinking profit forecasts (R)

Central banks
Fear of interest rate hikes is fading as next Fed meeting approaches (C)
Fed seen slowing, or even stopping, rate hikes next year (R)
The Pros and Cons of a PBOC Rate Cut as China’s Economy Slows (B)

US
U.S. job openings data points to growing worker shortage (R)
Unfilled Jobs Grow in Low-Skilled Fields (W)
Businesses Less Optimistic About Coming Year Than 12 Months Ago (W)
Small-business optimism dips over fears of an economic slowdown: Survey (C)

China
How Asia Fell Out of Love With China’s Belt and Road Initiative (B)

Geopolitics & trade
The Huawei case will finally force the US to prove some claims it’s made about Chinese companies (C)
Arrest of Huawei CFO Hinges on an Offshore Puzzle (W)
Judge in Huawei Hearing Not Satisfied With Meng Bail Conditions (B)
Two British Banks Ensnared in Huawei Dispute (W)

Industries & companies
Energy: Cheaper Oil Ripples Through the Global Economy (W)
FAANGs: Apple files appeal to overturn iPhone sales ban in China (C)
FAANGs: Google to Accelerate Closure of Google+ Social Network (W)
FAANGs: Amazon Cracks Down on Scams, Fires Employees Over Data Leak (W)

Corporate finance
In race to IPO, Uber is bigger but Lyft is friendlier, survey finds (C)