wiar 03-19-19

Mary FanslauWhat I Am Reading

March 19 (Tuesday)

Markets
U.S. Stocks Close Higher Ahead of Fed Meeting (W)
Stock bulls hoping for a repeat of 2016 rebound will be disappointed: Morgan Stanley (MW)
Startups Aim to Overhaul Trading in Treasury Bonds (W)

Central banks
Fed Officials Wrestle With a ‘Dot Plot’ Dilemma (W)
How to understand the Fed’s dovish turn: Nouriel Roubini (MW)
Merkel hopes euro zone inflation hits target so ECB can hike rates (R)

US
Jamie Dimon says we’ve split the US economy, leaving the poor behind (C)

Europe
Speaker Wrecks Theresa May’s Brexit Plan by Banning Another Vote on Deal (B)

US politics
Investors Eagerly Await Trump Rules on Opportunity Zones (N)
Bernie Sanders Pledges To Do A Better Job Of Explaining Socialism (NPR)
O’Rourke Raised $6.1 Million in First 24 Hours of Campaign (W)

Geopolitics & trade
U.S. Chip Industry Is Cool on Chinese Purchase Offer (W)
Chip-Stocks Rally Could Be in Jeopardy if Trade Deal Disappoints (W)
U.S. Campaign to Ban Huawei Overseas Stumbles as Allies Resist (N)

Industries & companies
Aerospace: Crash parallels heap pressure on Boeing (R)
Autos: Maserati, Fiat Chrysler’s Crown Jewel, Has Lost Its Shine (W)
Consumer: Kraft Heinz shares hit 52-week low after S&P puts company on CreditWatch negative (C)
FAANGs: Apple unveils new iPad Air and iPad mini ahead of video streaming announcement (C)
FAANGs: Apple’s groundbreaking heart study signals a new era of medicine, and doctors are debating the results (C)
FAANGs: Facebook stock has worst day of 2019 after executive exodus, AG investigations and analyst downgrade (C)
Hospitality: Marriott Plans to Open Over 1,700 Hotels (W)

Corporate finance
Two Big IPOs Wake 2019’s Market From a Sleepy Start (B)
Global Payments Giant to Be Created With $35 Billion FIS-Worldpay Deal (W)
Lyft Seeks Valuation of Up to $23 Billion in IPO (W)

Cryptocurrency
Cboe to stop listing bitcoin futures as interest in crypto trading cools (C)
Bitcoin Breaches $4,000 for First Time in More Than Two Months (B)

Offbeat
Warren Buffett says US health care must be revamped (C)
Mayor de Blasio’s plan to mandate paid vacation will cripple NYC’s small businesses