wiar 02-12-19

Mary FanslauWhat I Am Reading

February 12 (Tuesday)

Markets I
Transports Are Rallying but Aren’t Yet Sending ‘An All Clear’ on Economy (W)
Mediocre Earnings Drive Big Stock Gains After Bad December (B)
Weird Market Moves Mean No One Knows If It’s Goldilocks Or Bust (B)

Markets II
Vanguard cuts expected return for stock market over the next decade (C)
Goldman is closing the investing thesis it’s held for the past 2 years (C)
Morgan Stanley Has Bad News for Investors Comforted by Earnings (B)
Bernstein: There is now a ‘strong case’ for gold over bonds, stocks (C)
Hedge-fund legend Paul Tudor Jones: ‘I’m very bullish on US stocks’ (C)

Central banks
Europe’s Biggest Job Opening in Years: President of the ECB (W)

Krugman Sees Possible U.S. Recession With Little Fed Wiggle Room (B)
As more Americans ‘age in place,’ millennials struggle to buy (C)
Millions of Americans could be stunned as their tax refunds shrink (WP)
Why you shouldn’t celebrate that big tax refund (C)

Italian Populists Target Huge Gold Reserves and Some Cry Foul (B)

How Bad Is the China Slowdown? U.S. Companies Offer Some Answers (W)
Two Large Chinese Borrowers Are Said to Miss Bond Payments (B)

US politics
Lawmakers Reach Agreement in Principle to Fund Border Security (W)
U.S. Deficit 2019: Debt Ceiling Looms Over Shutdown Talks (B)
Medicare for All Bill Puts Pressure on Democrats’ 2020 Field (W)
Democratic Sen. Amy Klobuchar will reject corporate PAC money in 2020 bid (C)

Industries & companies
Autos: Morgan Stanley: Serious Tesla electric vehicle competition from Rivian (C)
FAANGs: Apple (AAPL) Shares Ignore Report on Weak iPhone Demand in China (B)
FAANGs: Apple VA deal: Putting patients in control of their health info (C)
Financials: Morgan Stanley, in Its Biggest Deal Since Crisis, Courts Future Millionaires (W)
Health Care: New Rules Could Ease Patients’ Access to Their Own Health Records (W)
Media: Disney pens deal with Hulu to make 4 animated Marvel superhero series (C)
Pharma: FDA Challenges Dietary Supplement Makers (W)
Retail: Toys ‘R’ Us Remnant Looks to Revive Brand in U.S., U.K. (B)

Geopolitics & trade
Chinese Investment in Israel Raises Security Fears (W)
Here’s what happens next in the Huawei case, and what it means (C)

Corporate finance
Paul Tudor Jones says there’s a ‘mania’ in share buybacks, worries about ‘social consequences’ (C)
SoftBank Invests $940 Million in Nuro for Driverless Deliveries (W)

Have four or more babies in Hungary and you’ll pay no income tax for life, prime minister says (C)
Next Up for Fukushima Clean Up: What Does Melted Fuel Feel Like? (B)
Hey, Democrats, I’ve lived in a socialist country with income ‘equality’ and it was miserable (FBN)