wiar 04-09-19

Mary FanslauWhat I Am Reading

April 09 (Tuesday)

Stocks
The stock market is poised to overtake its record high set in September (C)
A Growth Surprise Could Shock Markets (W)
How’s Your ETF Portfolio Doing? Good Luck Finding Out (W)

Credit, currencies & commodities
JPMorgan Says Stock Traders Are Looking at the Wrong Yield Curve (B)
Yield-Hungry Investors Revive ‘Carry Trade’ in Emerging Markets (W)
Frackers, Chasing Fast Oil Output, Are on a Treadmill (W)
Steel Ingredient Iron Ore Hits Nearly Five-Year High (W)

Central banks
Fed hits back over Trump claims that monetary ‘tightening’ is hurting the economy (C)
ECB Is Said to Respond Only Slowly on Negative Rate Review (B)

US
Housing sentiment surges in March, and sellers are the most optimistic (C)
Forget everything you’ve heard about first-time homebuyers. They’re doing all right. (MW)
These 40 cities may see housing prices decline, survey says (C)

Europe
Europe Isn’t Japan in the 1990s. You Should Still Be Worried
EU Draws Closer to Deal on Brexit Delay as Core Leaders Plan to Meet (B)

US politics
American billionaires call for upgrades to capitalism, starting with higher taxes on themselves (C)

Industries & companies
FAANGs: What’s Been Lacking at Google’s Cloud? Enough Humans (W)
FAANGs: Facebook, Google in Crosshairs of New U.K. Policy to Control Tech Giants (W)
FAANGs: FAANG’s $800 Billion Rally Has Mom and Pop Investors Cashing Out (B)
Financials: Fed Moves to Ease ‘Living Wills’ for Large Banks (W)
Industrials: GE Shares Slump as Top Analyst Downgrades to ‘Sell’ Again (W)
Industrials: Caterpillar Digs for New Services Revenue (W)
Pharma: Botox Rivals Create New Wrinkles for Allergan (W)
Retail: Opinion: Walgreens and CVS stocks look like tempting values, but investors may be swallowing a bitter pill (MW)

Corporate finance
Pinterest Sets Planned IPO Price Below Last Valuation (W)

Offbeat
Felicity Huffman, others to plead guilty in U.S. college admissions scandal (C)
You don’t need a 4-year college degree for these high-paying jobs at Google, Apple, Netflix (MW)
Uber but for Xi Jinping (N)