wiar 02-16-19

Mary FanslauWhat I Am Reading

February 16 (Saturday)

YRI Video Podcast: Lipstick on a Pig: US Federal Government Debt
Daily Markets Overview

Dow jumps nearly 450 points, clinches 8th straight weekly gain (C)
Nasdaq Exits Bear Market as Stocks Stage Rally (W)
Investors may have already missed out on the bulk of the market’s gains this year (C)
Opinion: Why the stock market might soon careen down a dangerous ‘slope of hope’ (MW)
CAPE Fear: The Bulls Are Wrong. Shiller’s Measure Is the Real Deal (Fortune)
Why investors should never mistake the economy for the stock market (MoneyWeek)
Opinion: The junk bond market has good things to say about the stock market (MW)

Markets II
We’re Suing the SEC to Protect the Stock Market (W)
Big Three Stock Exchanges Sue SEC Over Trading-Fee Plan (W)
ICE Wants to Bring First ‘Speed Bump’ to Futures Markets (W)

Central banks
Fed’s Daly Sees Good Chance of No Rate Rises This Year (W)
Fed’s Brainard Says Balance-Sheet Runoff Should Probably End This Year (W)
China’s Muted Inflation Likely to Spur Policy Easing (W)

Factory Output Contracts Unexpectedly in January (W)
U.S. Consumer Sentiment Rises (W)

US politics
Trump declares national emergency to build border wall, setting up massive legal fight (C)
Trump Promised to ‘Build That Wall,’ Then Ran Out of Time and Options (W)
Here’s where the money for Trump’s border wall will come from (C)
Democrats Take Aim at the Reagan Tax Revolution (W)

Geopolitics & trade
U.S. and China Inch Toward a Broad Trade Agreement (W)
EU’s Trade Surplus With U.S., a Bone of Contention for Trump, Hits Record (W)
New Tariffs Threaten to Boost Prices of Imported Cars, Parts (W)

Industries & companies
Financials: Purchases With Plastic Get Costlier for Merchants—and Consumers (W)
Industrials: Deere Says Trade Tensions Holding Down Sales (W)
Retail: Mattel has worst day in nearly 20 years after undercutting analysts’ 2019 estimates (C)

Corporate finance
Nissan Enlisted Japanese Government to Fend Off Renault Merger (W)
Uber Revenue Growth Slows, Losses Persist as 2019 IPO Draws Near (W)

Amazon Pivot Raises Scrutiny of Incentive Deals (W)
Why Amazon’s New York U-Turn Is Good for America’s Tech Economy (W)