wiar 02-07-19

Mary FanslauWhat I Am Reading

February 07 (Thursday)

Markets
Tech Rally Puts Nasdaq on Verge of Exiting Bear Market (W)
Earnings forecasts are very negative but here’s why it’s not all bad (C)
Domestic Investors Pick Up Foreign Creditors’ U.S. Debt (W)
How the Fed’s Wait-and-see Stance Helps the Markets

Central banks
Janet Yellen: Possible next Fed move is a cut if global growth continues to slow (C)
Former Fed Chief Yellen Says Rates Next Move Could Be Up or Down (B)
Trump and Powell Had Productive Dinner Meeting, Mnuchin Says (W)

US
U.S. Trade Deficit Narrowed in November (W)
U.S. Factory Worker Productivity Rises; Shutdown Limits Picture (W)
Seniors are to blame for housing shortage, study finds (MW)

US politics
Trump’s Address Seemed Focused on Re-Election Bid (W)
Expect Trump to make more ‘socialism’ jabs as he faces tough 2020 re-election fight (C)
Abrams Targets Trump’s Immigration Policy in Democratic Response (W)
Trump Preparing Plan to Boost AI, 5G Technology (W)
Top Democrat Expects Border Deal, But Trump Remains the Wild Card (B)
Trump Formally Picks Malpass as Nominee to Head World Bank (W)
House Panel to Probe Any Foreign ‘Financial Leverage’ Over Trump (B)

Geopolitics & trade
U.S.’s Mnuchin to visit China next week for trade talks: CNBC interview (R)

Industries & companies
Autos: Tesla Cuts the Model 3 Price Again (W)
Autos: GM Leans on U.S. Truck Buyers to Counter Weakness in China (W)
Autos: GM says ‘we are already seeing savings from restructuring’ (C)
FAANGs: Apple is once again the most valuable public company in the world (C)
Financials: Banks weigh how to handle progressive Ocasio-Cortez (R)
Media: 21st Century Fox Posts Higher Profit on Increased Revenue, Sale of Sky Stake (W)
Restaurants: Chipotle’s Comeback Takes Hold as Chief Pushes Digital Sales (B)

Corporate finance
SoftBank Vision Fund, Pouring Billions Into Startups, Considers Raising More (W)

Offbeat
2018 was Earth’s fourth-hottest year on record, NOAA and NASA report (C)
A Crypto-Mystery: Is $140 Million Stuck or Missing? (W)