wiar 04-03-19

Mary FanslauWhat I Am Reading

April 03 (Wednesday)

Markets
U.S. Stocks Tread Water as Walgreens Drags Dow (W)
This is the ‘canary in the coal mine’ for stocks, market analyst warns (C)
The legendary ‘gatekeeper’ of the stock market—whose picks dictated trillions in ETF holdings — is retiring (MW)
BlackRock Launches Sweeping Overhaul in Bid to Boost Growth (W)
Tech Stocks Return to Near-Record Levels (B)

Global
Affordable Housing Crisis Spreads Throughout World (W)

Central banks
Trump reportedly told Fed’s Powell that he’s ‘stuck’ with him (C)
Trump Called Powell in March as Stocks Slid Amid Growth Worries (B)
Moore is who President Trump needs to reform the Federal Reserve (USA)

US
U.S. Durable-Goods Orders Fell in February (W)
U.S. Auto Sales Stumbled in First Quarter (W)

US politics
House committee passes bill to upgrade 401(k) plans amid ‘retirement income crisis’ (C)
What Modern Monetary Theory Gets Right and Wrong (W)

Geopolitics & trade
Here’s what the U.S. buys and sells from Mexico (MW)
Trump steps back from Mexico border threat as companies warn of economic fallout (R)

Cybersecurity
If the Saudis actually hacked Jeff Bezos’ phone, here are the details security experts want to know (C)
Chinese national charged with entering Trump’s Mar-a-Lago was carrying ‘malicious software’ (C)

Industries & companies
FAANGs: Apple has started to bend its own rules as it seeks to grow subscribers for its digital services businesses (C)
Financials: Big Banks Reach for Small Deals as Merger Boom Slows (W)
Health Care: Firms Race to Help Consumers Manage Health-Care Records (W)
Pharma: Pharmacy Chains Feel the Pinch From Generic Drug Prices (W)
Pharma: Walgreens, Squeezed by Drug Prices, Slashes Outlook (W)

Corporate finance
Cramer: Investor apathy for Lyft is a big positive for this bull market (C)

Offbeat
In Search of Generation Z