wiar 12-14-18

Mary FanslauWhat I Am Reading

December 14 (Friday)

YRI
Legendary economist Ed Yardeni gave a presentation to Trump’s top economic advisers at the White House – here’s what he told them (BI)
Daily Markets Overview

Markets
Opinion: Look to these stock market sectors in 2019 instead of FAANGs and tech (MW)
Four experts weigh in on key market factors for 2019. Here’s what you need to know (C)
The perils of trying to time the market (E)
Growth Fears Pinch Commodities (W)

Central banks
ECB Cuts Growth Forecasts as It Ends Bond-Buying Program (W)
After a hike next week, the Fed would be ‘nuts to keep tightening’: Cramer (C)

US
US auto sales are expected to drop below 17 million for first time since 2014 (C)
Trump’s Tax Cuts Made a Difference in 2018. Just Not the One Backers Were Hoping For (B)

Europe
EU to Step Up Plans for No-Deal Brexit as Bloc Plays Hardball With May (B)

Japan
Japan business mood steady but outlook sours: BOJ tankan (R)

China
China Shows Off the Transformation It Wants You to See (B)

US politics
Trump inauguration spending reportedly under criminal investigation by federal prosecutors (C)
Trump: Campaign finance charges against Cohen were meant ‘to embarrass me’ (C)

Geopolitics & trade
White House to Officially Delay China Tariff Hike to March, Sources Say (B)
Aides Warn Trump Against Intervening in Huawei Case (W)

Industries & companies
Autos: Trump says GM shift to electric vehicles is ‘not going to work’ (R)
Airlines: Delta forecasts higher profits, revenue in 2019. Here’s what’s ahead for investor day (C)
FAANGs: Apple Says China iPhone Ban Would Force Settlement With Qualcomm (B)
FAANGs: Apple to invest $1 billion in new Texas campus (C)
FAANGs: Amazon Invasion in New York and Virginia Will Be a Slow One (W)
FAANGs: Amazon ran a sting to root out counterfeit textbooks, but some small sellers were unfairly targeted (C)
Retail: Sales Rise at Costco, but Fall Short of Expectations (W)
Retail: Starbucks cuts long-term earnings per share forecast; shares fall (C)
Retail: Starbucks to Offer Coffee Delivery Across U.S. (W)

Technology
Researchers are turning bumblebees into live drones (C)
Once More With Feeling: Teaching Empathy to Machines (W)

Offbeat
Does Anyone Care About Year-Ahead Outlooks? (II)
Making of a Computer-Generated Influencer (W)
Vitaminwater is offering $100,000 if you can stay off smartphones for a year (C)