wiar 03-28-19

Mary FanslauWhat I Am Reading

March 28 (Thursday)

Ten-Year Yield Drops Below 2.4%, Hitting Fresh Lows (W)
The bond market has been spooked and so the big interest rate slide is likely not over (C)
Why a ‘very ugly reporting season’ for small-caps is bad news for stock-market bulls (MW)
More Than a Third of China Is Now Invested in One Giant Mutual Fund (W)

Tax Changes Hit Overseas Profits of U.S. Companies (W)
US companies bring home $665 billion in overseas cash last year, falling short of Trump pledge (C)
Still More Signs of a Housing Slowdown (BR)

Central banks
He’s No ‘Sycophant’ for Trump, Expected Fed Nominee Says (N)
Moore’s call for half-point rate cut sets him apart from would-be Fed colleagues (MW)
Fed Officials Push Back on Market’s Rate-Cut Belief (W)
ECB’s Draghi Hints at Drawbacks of Negative Rates (W)

May Vows To Resign To Get Brexit Deal Through Parliament (W)
China to Reduce the Juice for Electric-Car Sales (W)
Trump says he can produce a better healthcare plan than Obamacare (R)

Geopolitics & trade
Trump Says Google CEO Told Him He’s Committed to U.S. Military, ‘Not Chinese’ (W)
U.S. Orders Chinese Company to Sell Grindr App (W)
U.S. starts anti-dumping probe of wooden cabinets imported from China (R)

Industries & companies
Aerospace: How Boeing’s 737 MAX Failed (W)
Aerospace: DOT Secretary Says Making Safety Systems Optional on Boeing Jet ‘Troubling’ (W)
Airlines: Southwest Flags Bullish Outlook Despite 737 MAX Groundings (W)
Media: Streaming Explosion Creates Dilemma: Too Many Choices (W)
Financials: Equifax, FICO Team Up to Sell Consumer Data to Banks (W)

Corporate finance
Saudi Aramco to Buy 70% Stake in State Petrochemicals Firm Sabic (W)
$15.3 Billion Merger Creates Big Provider of Government Plans (W)
Lyft to Price Shares Above Targeted Range of $62 to $68 in IPO (W)
Mattress Startup Casper Joins the Unicorn Club With Latest Funding (B)