wiar 02-09-19

Mary FanslauWhat I Am Reading

February 09 (Saturday)

Markets
Stocks Poised for Worst Week Since December (W)
Opinion: This market can’t go sideways for long, so get ready for a breakout or breakdown (MW)
Three Big Banks Say It’s Time to Hedge Against Emerging-Market Risk (B)
Does Jay Powell Have the Stock Market’s Back? (B)

Central banks
Fed’s Bullard Says No Need to Raise Rates Again (W)

US
Number of Work Stoppages Across the U.S. Jumped in 2018 (W)

China
High-Rollers Cool Bets as Chinese Economy Slows (W)

US politics
‘Green New Deal’ Democrats Raise Climate Change as 2020 Issue (W)

Geopolitics & trade
Trade war headlines could get much worse before they get better as the US looks to Europe (C)
Huawei Says U.K. Software Issues Will Take Years to Fix (W)

Industries & companies
Autos: One of Tesla’s largest investors just increased its stake (C)
FAANGs: People are holding on to their iPhones for a lot longer, spelling trouble for Apple, says analyst (C)
FAANGs: Amazon could be reconsidering its NYC headquarters site due to local opposition (C)
FAANGs: ‘We need Amazon,’ Gov Cuomo says after report that it might cancel New York HQ2 plans (C)
FAANGs: Amazon’s India Site Restocked After Joint-Venture Stake Cut (W)
Financials: Regional banks are soaring. Here are two names you can still buy (C)
Financials: Wells Fargo says it is working to fully restore systems as outage spills into day two (C)
Manufacturing: Arconic Plans to Break Itself Apart (W)
Pharma: Big Pharma’s Big Cancer Hope Is Fizzling (W)
Retail: A tale of two toymakers: Mattel soars, Hasbro sinks, but there’s more to the story (C)
Retail: Payless Prepares Second Bankruptcy With Store Closures (B)
Wireless: Sprint Accuses AT&T of False Advertising of 5G Service (W)

Offbeat
Experiment With Guaranteed Income Creates Less Stress but No Jobs (W)