wiar 01-15-19

Mary FanslauWhat I Am Reading

January 15 (Tuesday)

With some ugly earnings reports rolling in, investors hope the bad news is ‘priced in’ (C)
Apple Rattled Markets With China Warning. Who’s Next? (W)
All Eyes on Corporate Guidance After Weak Economic Data (W)
Investors are hiding out in cash: Assets in money market funds surge past $3 trillion (C)

Central banks
Richard Clarida Hints Fed May Not Raise Rates as Much as Projected (B)
Clarida Says Fed Can Be Patient With Interest-Rate Increases (W)
Yellen Warns Anecdotal Signs Show Businesses Putting a Pause on Spending (B)
China’s Banks Can Handle a Rate Cut (B)

Global
OECD Sees Further Slowdown in Global Economy This Year (W)

US
US workers are winning, big time (P)

US politics
Why Democrats are unlikely to cave on Trump’s border wall as longest shutdown ever drags on (C)
White House says Ivanka Trump is not under consideration for World Bank chief but helping search (C)
GOP’s John Kasich is looking to join CNN or MSNBC as he considers running for president in 2020 (C)

Geopolitics & trade
Trump Bullish on China Trade Deal Ahead of Speech to U.S. Farmers (W)
Spy Charges Put Huawei’s European Ambitions in Jeopardy (W)

Industries & companies
FAANGs: Alphabet Unit Tests New System to Identify Airborne Drones (W)
Financials: Citigroup Swings to Profit Despite Trading Weakness (W)
Industrials: The end of the GE ‘apocalypse’ is here, analyst says (C)
Utilities: PG&E stock crashes nearly 50% as utility says it will file for bankruptcy because of wildfires liability (C)

Technology
Robot Hotel Loses Love for Robots (W)

Offbeat
Security Waits Top an Hour at Atlanta Airport Amid Shutdown (B)
Suit Says Airbnb Used in $20 Million Illegal Hotel Scheme (W)