wiar 03-29-19

Mary FanslauWhat I Am Reading

March 29 (Friday)

Markets
U.S. Stocks Rise as Investors Weigh Growth Concerns (W)
This time, an inverted yield curve suggests the stock market has already peaked, some analysts say (MW)
Trump Asks OPEC to ‘Increase the Flow of Oil’ (W)
Will Truckers Trade Futures? A New Market Seeks to Draw Freight Bets (W)

Central banks
Clarida Says Fed Must Pay Closer Attention to Global Growth Risks (W)
Fed done raising interest rates; significant chance of cut in 2020: Reuters poll (R)
Bullard says hard for any individual Fed appointee to ‘be dominant’ (R)

US
U.S. Economy Had Less Momentum Heading Into 2019 as Corporate Profits Stalled (W)
Mortgage rates plunge at the fastest pace in a decade as growth fears resurface (MW)
The 4% Mortgage Is Back (W)

Europe
Theresa May Gambles on Last-Ditch Vote to Avoid Long Brexit Delay (B)
Stuck in the Brexit Maze (W)

US politics
Trump renews attacks on Obamacare as he hits the 2020 campaign trail (C)
Pelosi Urges Fast Release of Mueller Report, Blasts Barr’s Summary (W)

Industries & companies
Health Care: Health-Care Politics Spark a $40 Billion Wipeout on Wall Street (B)
Financials: Wells Fargo CEO Tim Sloan is retiring, and shares jump (C)

Geopolitics & trade
Exclusive: China shifts position on tech transfers, trade talks progress – U.S. officials (R)
China Floats Cloud Concession as Part of U.S. Trade Talks (W)
Huawei Equipment Has Major Security Flaws, U.K. Says (W)

Corporate finance
Lyft valued at $24.3 billion in first ride-hailing IPO (R)

Offbeat
Purdue’s Sackler Family Accused of Fraud in Transfers of Opioid Profits (W)