wiar 12-18-18

Mary FanslauWhat I Am Reading

December 18 (Tuesday)

Markets
Stocks Fall Sharply as Investors Fret Over Growth Outlook (W)
The stock market is on pace for its worst December since the Great Depression (C)
Jeffrey Gundlach says the S&P 500 is headed to new lows: ‘I’m pretty sure this is a bear market’ (C)
Small-cap stocks enter bear market, with Russell 2000 benchmark down 20% from highs (C)
Oversupply Fears Drag U.S. Crude Under $50 (W)

Central banks
Fed Faces Communication Challenge on Rates (W)

US politics
Trump: ‘Incredible’ That Fed Is Considering Another Rate Increase (W)
Trump Opposes Short-Term Funding to Avoid Shutdown (B)
These Democrats Will Soon Have the Power to Investigate the White House (N)
Social Media’s Forever War (N)

Geopolitics & trade
Why the US thinks Huawei has been a massive national security threat for years (C)
From Silk to Smartphones: China’s Emergence as a Trade Leviathan (W)

Industries & companies
FAANGs: Amazon Cutting the CRaP (W)
Financials: Malaysia Files Criminal Charges Against Goldman Sachs Over 1MDB Scandal (N)
Mobile: T-Mobile Takeover of Sprint Clears U.S. Security Panel (W)
Tech: Oracle quarterly results beat on strength in cloud business (R)

Corporate finance
Boeing raises its dividend 20%, boosts buyback plan to $20 billion, reaffirming its bullish outlook (C)
J&J announces $5 billion share buyback program after report wipes out $50 billion in market value (C)

Cybersecurity
Twitter tumbles on concerns about hacking activity (R)