wiar 02-23-19

Mary FanslauWhat I Am Reading

February 23 (Saturday)

Markets
S&P 500 posts highest close since November 8 on trade optimism (R)
Dow rises more than 180 points to retake 26,000, notches 9-week winning streak (C)
History Shows Stock Rally Could Have More Legs (W)
Don’t Be Fooled, This Boring Week in Stocks Was Full of Drama (B)
The Dollar Is Still King. How (in the World) Did That Happen? (N)
What the end of quantitative tightening means for markets (MW)

Central banks
Fed’s Balance-Sheet Runoff Could End in Latter Half of 2019 (W)
N.Y. Fed’s Williams Calls for Reassessing Inflation-Targeting Framework (W)
Clarida Outlines Scope for Fed Review of Interest-Rate Policy Strategies (W)
Federal Reserve Report Highlights ‘Resilient’ Financial System (W)
Trump’s economy ‘a little under’ 3 percent growth goal: Fed (R)
A Fed pivot, born of volatility, missteps, and new economic reality (R)
Fed gets earful from Fidelity executive for roiling global financial markets (MW)
Economists’ Advice to Fed: Look at Rising Prices and Tight Labor Market (W)

US politics
Democratic Governors Push for State-Tax Reversal (W)
Robert Mueller won’t submit report to attorney general next week, DOJ official tells NBC News (C)

Geopolitics & trade
US, China extend trade talks as Trump and Xi express optimism (C)
Trump, Xi summit being discussed for late March as China commits to buying $1.2 trillion in US goods (C)
Trump says inclined to extend China trade deadline, to meet Xi soon (R)
No more MOUs! USTR Lighthizer tweaks trade terminology after dispute with Trump (R)

Industries & companies
Autos: First Tesla Model 3s Zoom Into China, Outracing Tariff Threat (W)
Consumer: Kraft Heinz has lost the one thing that distinguished it from General Mills and Mondelez (C)
Consumer: Why the $15.4 billion Kraft Heinz brand write-down was unusual (MW)
FAANGs: Apps Send Sensitive User Information Directly to Facebook (W)
Tech: Microsoft workers demand it drop $480 million U.S. Army contract (R)
Tech: How Fast 5G Mobile Internet Feels (W)