wiar 03-08-19

Mary FanslauWhat I Am Reading

March 08 (Friday)

Markets
U.S. Stocks End Lower After the ECB Launches Fresh Stimulus Measures (W)
Here’s why the ECB’s surprise policy move is sending shivers through global stock markets (MW)
The Dow is on the verge of a bullish golden cross, but stock-market analysts aren’t exactly cheering (MW)
Stock-Market Volatility Takes a Bite Out of U.S. Households’ Net Worth (W)
Asia stocks shudder as ECB reversal spooks markets (R)

China
China tightens rules on wealth management, boosting prospects for foreign banks (R)

Central banks
Slow Growth Likely Keeps Fed on Hold, Spurs ECB Action (W)
ECB to Launch New Stimulus in Major Policy Reversal (W)
‘Pervasive uncertainty’ pushes top central banks to patient stance (R)
The Fed doesn’t have to worry about high inflation anymore, and that’s a problem (C)

US
February’s jobs report should show whether there’s anything to really fear about economy (C)
US households see biggest decline in net worth since the financial crisis (C)
Productivity Growth Shows Signs of Long-Awaited Strength (W)

US politics
Manafort Sentenced To 47 Months for Tax Evasion, Bank Fraud (W)
Trump Administration Weighs Publicizing Rates Hospitals Negotiate With Insurers (W)

Industries & companies
Airlines: American Airlines takes jets out of service, cancels flights due to overhead bin problem (C)
Autos: Tesla doesn’t know where it will build the Model Y as it rolls out more layoffs and cost cuts (C)
FAANGs: Amazon to Shut Its U.S. Pop-Up Stores Amid Strategy Shift (W)
FAANGs: When Mark Zuckerberg Said Privacy, He Didn’t Mean Privacy From Facebook (W)
Media: Disney Shareholders Support Company in Say-on-Pay Vote (W)
Retail: Philadelphia Is First U.S. City to Ban Cashless Stores (W)
Retail: Kroger Shares Fall as Online Investments Dent Profit (W)

Geopolitics & trade
Trump’s Huge Trade Deficit Means America Is Doing Great (B)
Huawei’s Lawsuit Marks Shift to War Footing (W)

Offbeat
Exclusive: SEC scrutinizes fairness of stock exchange pricing (R)
The Tiny Plastics in Your Clothes Are Becoming a Big Problem (W)