wiar 03-09-19

Mary FanslauWhat I Am Reading

March 09 (Saturday)

The Conventional Wisdom About Stock Buybacks Is Wrong (B)
Daily Markets Overview

Wall Street Reacts to Jobs Report by Putting ‘Abysmal’ Data in Context (B)
This 135-year-old stock index is poised to log its longest skid in about 50 years (MW)
Morgan Stanley CEO James Gorman: A trade deal will not lead to a ‘meaningful’ rally in stocks (C)
China’s $345 Billion Stock Rout Shows Beijing’s Fear of Bubbles (B)

Central banks
The Fed and ECB Confront a New Normal That Looks a Lot Like Japan’s (B)
February’s Hiring Chill Will Make the Fed Even More Patient (W)

U.S. February job growth weakest in nearly one and a half years (R)
Hiring Growth Slows Sharply as U.S. Adds Just 20,000 Jobs (W)
What If This Jobs Report Is No Fluke? (W)
U.S. Payrolls Shock Suggests Dawn of a Long-Forecast Slowdown (B)
Here’s where the jobs are — in one chart (C)
U.S. housing starts increase more than expected in January (R)

As Draghi Moves to Avert Recession, Eurozone Looks for a Jolt (W)

Venezuela Blackout Stretches Across Country (W)

US politics
Sen. Elizabeth Warren pushes to break up big tech companies like Amazon and Facebook (C)
Bill Shine resigns from the White House to advise Trump’s 2020 campaign (C)
House passes plan aiming to limit money in politics, require presidents to release tax returns (C)
Trump says ex-lawyer Cohen asked him for a pardon, but he declined (R)
IRS Looks for Ways to Squelch New York, Connecticut SALT Workarounds (B)

Geopolitics & trade
Trump ‘confident’ about getting a trade deal with China (R)
China’s Belt and Road plan could be good for Italy: Italian PM (R)
U.S.-China Trade Deal Isn’t Imminent, Envoy Says (W)
U.S. Seeks Access to North Korean Missile Base (W)

Industries & companies
FAANGs: How the epic ‘Lord of the Rings’ deal explains Amazon’s slow-burning media strategy (C)
Media: It Was Once ‘Game of Thrones’ Inside Time Warner. AT&T Said, Enough. (W)

Elon Musk’s SpaceX capsule splashes down off Florida coast (R)