wiar 02-05-19

Mary FanslauWhat I Am Reading

February 05 (Tuesday)

Markets
Dow rises more than 150 points as tech shares jump ahead of Alphabet earnings (C)
China Fears Loom Over Stocks After January Surge (W)
The Sanders-Schumer proposal to limit buybacks could be a very big negative for the stock market (C)

Credit, currencies, & commodities
Dollar Trapped in Negative Feedback Loop as Foreigners May Flee (B)
Stronger Yen May Be Coming, Another BOJ Official Warns (B)
Why Wall Street’s Muni-Bond Desks Welcome the Tax-the-Rich Push (B)
Sanctions on Venezuela’s Crude Hit Oil Market in Vulnerable Spot (W)

Central banks
Fed’s Kashkari Says Powell ‘Coming Around’ to Wait-and-See View (B)
How Low Interest Rates Can Freeze the Economy (W) | Paper

US
U.S. factory orders fall; core capital goods unrevised (R)
Loan demand falls among U.S. businesses, households: Fed banking survey (R)
Small Businesses Are Waving the Caution Flag (W)

Emerging
This Is What You Need To Understand About India Ahead Of The Upcoming Election (B)

US politics
Bernie Sanders and Chuck Schumer’s plan to limit buybacks shows how Democrats see an opening to hammer Trump on tax cuts in 2020 (C)
Sanders asks why drug, once free, now costs $375k (R)
Trump says he will nominate Bernhardt for secretary of interior (R)
Fannie-Freddie Overhaul Plan in Senate Falls Flat on Wall Street (B)
Wealth Tax Fails The Test Around The World (IBD)

Geopolitics & trade
Trump Threatens to Bust Border Deal as Shutdown Deadline Nears (B)
The Malaise in Global Trade Is Only Getting Worse (W)
Foxconn Says It Will Move Forward With Wisconsin Plant After Conversation with Trump (W)

Industries & companies
Airlines: Boeing shares hit another record, bucking China slowdown concerns: ‘Things are just heating up’ (C)
FAANGs: Alphabet fourth-quarter revenue, profit beat estimates (R)
Tech: Behind Tech’s Shine, Some Warnings Signs Appear (N)
Tech: Slack is setting itself up for the $3.5 trillion health care sector (C)

Corporate finance
Ultimate Software agrees to $11 billion buyout by investor group (R)
Tesla to buy energy tech company Maxwell Technologies for about $218 million (C)
Slack Files Confidentially to Go Public With Direct Listing (W)

Offbeat
Robots’ Lead Role in Super Bowl Ads Hint at Tech Anxieties (W)
Bill Gross, Onetime Bond King, Retiring After Messy Last Act (W)
This start-up buys your home, rents it back to you and lets you profit if the value grows (C)
The ‘Winter Friday’ Off Is Now a Thing (N)