wiar 02-15-19

Mary FanslauWhat I Am Reading

February 15 (Friday)

Markets
Dow Closes Lower After Disappointing Retail Sales (W)
Earnings Season to Offer Next Test for Retail Stocks (W)
Should stock-market investors freak out over an earnings recession? These charts say no (MW)
Brief Price Gaps in Stocks May Cost Investors $2 Billion a Year (W)
Debt Investors Embrace ‘Upside Down’ World After Fed Shift (W)

Central banks
Fed Officials Near Plan to Finish Portfolio Wind-Down (W)
#FedValentines is back; roses, rates and job market slack (R)

US
Retail Sales Declined at Fastest Pace Since 2009 in December (W)

US politics
Senate passes a spending bill to prevent another government shutdown, sends it to the House (C)
Trump will sign spending bill, declare a national emergency and ‘other executive action’ to build wall (C)
Nancy Pelosi warns GOP that a Democratic president could declare gun violence a national emergency (C)
Tax Refund Data Puts Mnuchin in Hot Seat to Explain GOP Law (B)
Alexandria Ocasio-Cortez: Amazon abandoning its plans for a New York headquarters proves ‘anything is possible’ (C)

Geopolitics & trade
‘Trump Time’ Meets Reality as Trade Talks Test His Speed Demands (B)
China Seeks to Woo U.S. With Promise of Big Chip Purchases (W)
Ex-Coke Scientist Accused of Stealing Trade Secrets for China (W)

Industries & companies
FAANGs: Amazon says it will not build a headquarters in New York (C)
Financials: Credit Suisse Returns to Profit but Trading Weakness Remains (W)
Financials: Warren Buffett Doubles Down on Big Banks as Berkshire Trims Apple Stake (B)
Industrials: GE to Scale Back Boston HQ, Return $87 Million of Incentives (W)
Retail: Coca-Cola Expects Sales Growth to Slow in 2019 (W)
Tech: Nvidia’s Revenue Sinks 24%, but Wall Street Feared Worse (W)

Technology
JPMorgan Chase Moves to Be First Big U.S. Bank With Its Own Cryptocurrency (N)

Offbeat
Adam Smith’s hidden hand of empathy (CS Monitor)
Facebook uses its apps to track users it thinks could threaten employees and offices (C)
How one man received a $980,000 tax refund (C)