wiar 01-30-19

Mary FanslauWhat I Am Reading

January 30 (Wednesday)

More cracks are appearing in the market for loans that helped cause the financial crisis (C)

Central banks
Fed’s Powell works Congress as Trump stews over rate hikes (R)
Plain-Spoken Fed Chairman Sometimes Leaves Markets Confused (W)

Cooling Housing Market Prompts Closer Scrutiny of Some Lenders (W)
Bond King Jeffrey Gundlach says we just got ‘the most recessionary signal’ yet (C)
Odds of a recession spike to a three-year high, according to CNBC’s Fed survey (C)

May Gets Mandate From Parliament to Renegotiate Brexit Deal (B)

Chinese Exit U.S. Commercial Real Estate as Beijing Directs Money Home (W)

US politics
Democrats do not plan to consider ‘Dreamers’ issue in U.S. border fund talks: Hoyer (R)
U.S. lawmaker Yarmuth says Democrats to begin Medicare for All hearings (R)
Trump Won’t Act Alone to Move Fannie, Freddie Out of Government Control (W)

Geopolitics & trade
Mnuchin Signals Chance to End China Trade War Ahead of Talks (B)
Big Divides Remain as U.S.-China Trade Talks Resume (W)
As China and Russia Align, U.S. Security Threats Grow (W)

Industries & companies
FAANGs: Amazon plans to launch a new Middle East marketplace, two years after buying Souq for $580 million (C)
FAANGs: Apple’s Revenue and Profit Drop: ‘The iPhone Has Matured’ (W)
FAANGs: Apple Scrambles to Fix FaceTime Bug That Allows Eavesdropping (W)
Industrials: GE shares turn negative after top analyst Stephen Tusa of JP Morgan gives warning before earnings (C)
Media: AT&T’s Media Ambitions Hindered By DirecTV Deal (W)
Retail: Skip the dentist’s office: Walgreens and CVS are offering ways to fix your teeth in their stores (C)

Corporate finance
FedEx stock Is so cheap that Amazon really should buy the company, analyst says (MW)
PG&E Files for Bankruptcy, Setting Up Complex Restructuring Case (W)

Uber Wants You to Catch the Bus or Train—if They Can Drive You There (W)