wiar 03-21-19

Mary FanslauWhat I Am Reading

March 21 (Thursday)

Markets
10-year Treasury yield dives to the lowest in a year after Fed says no more rates hikes (C)
US crude rises 1.4%, settling at $59.83, after topping $60 for first time since November (C)

Central banks
Fed holds line on rates, says no more hikes ahead this year (C) | Fed Statement Tracker
Fed gives market what it wanted — it’s ending its balance-sheet reduction in September (C) | Balance Sheet Normalization Principles and Plans
Fed Chair Powell says Chinese and European economies have slowed ‘substantially’ (C)
The Fed’s New Dot Plot (B) | SEP

US
Loans Get Cheaper for Some (W)
U.S. Debt: Is It the Calm Before the Storm?

Europe
U.K. Requests Three-Month Brexit Extension (W)

US politics
Biden Tells Supporters He Plans 2020 Bid (W)
Democratic Candidates, Pressured by Party Base, Split on How Liberal to Be (W)
Gas-Tax Hike: A Rare Big Idea With Bipartisan Backing (W)

Geopolitics & trade
Trump says China tariffs could stay in place for a ‘substantial period of time’ as trade deal develops (C)
Trump says trade deal ‘coming along nicely’ with China (R)

Industries & companies
Airlines: Inside U.S. Airlines’ Decisions to Keep Flying the 737 MAX (W)
FAANGs: Jamie Dimon: Tech giants should get prepared for ‘full monty’ of regulatory onslaught (C)
FAANGs: Google Fined $1.7 Billion in EU Over Limiting Rivals’ Ads (W)
FAANGs: Apple Launches New AirPods in Wearables Push (W)
FAANGs: It’s starting to look like Apple’s long-awaited wireless charging pad will launch this week (C)
FAANGs: Google Unveils High-End Gaming Service Without a Console (C)
Financials: How One of the Worst-Ever Quarters Is Hurting Investment Banking (B)
Pharma: Bayer Shares Fall After Legal Setback on Roundup Weedkiller (W)

Corporate finance
Levi Strauss Set to Debut Amid IPO Boom (W)
Disney Closes $71.3 Billion Deal for 21st Century Fox Assets (W)
Disney Moves From Behemoth to Colossus With Closing of Fox Deal (N)

Offbeat
‘It Takes Over Your Life’: Waze Volunteers Work for the Love of Maps (W)