wiar 12-28-18

Mary FanslauWhat I Am Reading

December 28 (Friday)

Markets I
Biggest Stock Reversal Since 2010 Rings of Bear Market Bounce (B)
JP Morgan sees a ‘window of opportunity’ for stocks in the first months of 2019 (C)
The market is pricing in ‘widespread disaster’ that’s hard to see (C)
Omega, Jabre Capital Among Hedge Fund Casualties in Dismal 2018 (B)
Cramer says the Fed is ‘recklessly’ confusing the market — ‘it’s a good time to be quiet’ (C)

Central banks
Don’t laugh: The Fed will be cutting rates ‘in coming months,’ David Rosenberg says (C)
Opinion: 3 reasons why the Fed wants to keep raising interest rates (MW)

US
Inverted Curves Not Only Signal Recession. They Might Cause One (B)
U.S. Consumer Confidence Fades in December (W)

China
December Early Indicators Show China Slowed for a Seventh Month (B)

US politics
Mike Bloomberg prepared to spend at least $100 million on a 2020 campaign if he decides to run (C)
Shutdown likely to extend into next year as Trump and Congress fail to break border wall stalemate (C)
Democratic megadonor meets with Pelosi, Schumer to propose 2020 economic policy agenda (C)
House Democrats Weigh Risks of Medicare-for-All Push in 2019 (W)

Geopolitics & trade
White House considering new executive order to bar Huawei, ZTE purchases (C)

Industries & companies
FAANGs: Apple Has Lost $9 Billion on Its Own Stock (W)
Financials: European Banks Hope 2019 Won’t Be Another Year to Forget (W)
Retail: McDonald’s Bets on Breakfast—Again (W)

Corporate finance
Trump’s Tax Cut One Year Later: What Happened? (N)
Sears may be down to its last 24 hours. Iconic retailer likely liquidates if no bid by tomorrow. (C)

Offbeat
A Single Cell Hints at a Solution to the Biggest Problem in Computer Science
Queen Elizabeth goes viral for urging ‘generosity and self-sacrifice’ in front of an ornate gold piano (C)