wiar 01-11-19

Mary FanslauWhat I Am Reading

January 11 (Friday)

Markets
S&P 500 posts first 5-day winning streak since September (C)
Big Mac Index shows the dollar is at its strongest in 30 years (MW)
Investors Were Spooked About Profits. Now Come the Facts. (N)
From Jaguar to Macy’s, Global Gloom Spreads Across Industries (B)

Central banks
Powell Says Fed Is ‘Waiting and Watching’ With Patience on Rates (B)
Fed’s Powell again stresses patience as U.S. economy’s ‘narrative’ unfolds (R)
Fed Chairman Powell says he is ‘very worried’ about growing amount of U.S. debt (C)
Powell says Fed’s balance sheet will be ‘substantially smaller,’ indicating more tightening ahead (C)
Fed chief Jerome Powell says an extended government shutdown could start to show in economic data (C)
Fed chair Jerome Powell frets over stocks more than you think (P)
Bond-Market Inflation Gauges Give Fed Plenty of Room to Pause (B)

US politics
Government shutdown threatens to be longer and more painful as it moves into uncharted territory (C)
Trump Cancels Davos Trip, Digs In on Border-Wall Funding (W)
Trump warns of possible emergency declaration (R)
Trump says he ‘never meant Mexico would write a check’ for the wall (C)
Lindsey Graham Says ‘I Think We’re Stuck’ on Shutdown Talks (B)

Geopolitics & trade
Trump says U.S. is having tremendous success with China on trade (R)
U.S.-China Trade Fight Shakes Global Economy, but Isn’t All Bad for Bystanders (W)
U.S. Military Prepares for Syria Pullout Amid Uncertainty (W)

Industries & companies
Autos: Ford to Slash Jobs, Shut Plants in Major European Revamp (W)
Autos: Carmakers Are Facing a Perfect Storm in Europe (B)
FAANGs: Amazon will let you stream free movies and TV shows through IMDb (C)
FAANGs: Netflix shares rise after hours on upgrade by UBS (C)
Retail: Department stores are ‘fighting for their lives,’ says ex-Target exec Gerald Storch (C)
Retail: Strong Economy Can’t Save Retailers From Holiday Blues (W)
Retail: Macy’s shares tank 17 percent on disappointing holiday sales (P)