wiar 01-07-19

Mary FanslauWhat I Am Reading

January 7 (Monday)

Markets
Market Swings Push Analysts to Revise 2019 Wall Street Forecasts (W)
It’s Been a Rough 20 Years for Stocks. The Next 20 Should Be a Lot Better (BR)
These Low P/E Stocks Have Better Days Ahead (BR)

Central banks
Despite Jobs Report, Fed Likely Won’t Feel More Urgency to Raise Rates (W)

US
Payroll Gains Send a Positive Signal (W)

US politics
Millions face delayed tax refunds, cuts to food stamps as White House scrambles to deal with shutdown’s consequences (WP)
Trump Renews Threat to Declare Emergency Over Border Wall (B)
U.S. shutdown: White House signals compromise (R)
Each side accusing the other of giving no ground on US government shutdown (C)

Geopolitics & trade
Trade Tensions Hit China’s Economy (W)
Trump: Weakness in China economy gives Beijing incentive for trade deal (R)
Seven Key Issues to Determine Success of U.S.-China Trade Talks (B)
Trump to Examine Steel Barriers, Repeats National Emergency Threat (W)
Southeast Asia wary of China’s Belt and Road project, skeptical of U.S.: survey (R)
US withdrawal from Syria won’t happen without a deal to protect the Kurds, White House says (C)

Industries & companies
FAANGs: There’s a bright spot in Apple’s bleak warning about its outlook, even if investors aren’t convinced: EPS (C)
FAANGs: Why There’s Still Plenty of Value in Apple’s Core (BR)
FAANGs: The Phone That’s Failing Apple: iPhone XR (W)

Offbeat
Ocasio-Cortez wants higher taxes on very rich Americans. Here’s how much money that could raise. (WP)