wiar 03-23-19

Mary FanslauWhat I Am Reading

March 23 (Saturday)

Video Podcast: Freaking Out Over Inverted Yield Curve
Daily Markets Overview

Dow drops more than 450 points, S&P 500 posts worst day since January amid global growth worries (C)
Finally a Stock Rout You Can’t Totally Blame on Jerome Powell (B)
Twin Troubles Strike the Bond Market (W)
Yield Curve, Federal Reserve and Recession Fears Go Mainstream (B)
The yield curve inverted — here are 5 things investors need to know (MW)

Central banks
Here’s how Trump decided to nominate Stephen Moore to the Fed – and what it means for Jerome Powell (C)
Fed Chairman Jerome Powell Shows His Flexible Side (W)
The Fed’s policy switch may be too late to save the economy from fading (C)
Fed’s Pivot Marks a Major Break (B)

U.S. Existing Home Sales Jumped 11.8% in February (W)
U.S. Budget Deficit Grew 39% in First Five Months of Fiscal 2019 (W)

US politics
Special counsel Mueller has no sealed indictments as Russia probe ends: NBC News (C)
MUELLER PROBE ENDS: Special counsel submits Russia report to Attorney General William Barr (C)
Attorney General William Barr says he may provide lawmakers with conclusions of Mueller report this weekend (C)
Explainer: Why Trump’s legal woes go beyond the Mueller report (R)

Geopolitics & trade
Trump Says Islamic State Caliphate Completely Eliminated (W)
Trump Reverses Additional North Korea Sanctions Announced a Day Ago (W)

Industries & companies
Aerospace: Airlines Review Plans as Boeing Faces First MAX Cancellation (W)
FAANGs: Apple is keeping partners in the dark about how it plans to package and price its video service (C)
Telecom: Nokia’s Shares Plunge After Warning of Possible Compliance Issues (W)

Corporate finance
Pinterest Makes IPO Filing Public (W)

The Risks of Marrying ‘Smart’ Tech With ‘Dumb’ Machines (W)

They’re magic! Eating mushrooms could slash risk of cognitive decline by 50% (MW)