wiar 04-11-19

Mary FanslauWhat I Am Reading

April 11 (Thursday)

YRI
The Bull Market in Stocks Has Room to Run, Ed Yardeni Says (BR)
Daily Markets Overview

Markets
U.S. Stocks End Day Higher as Investors Weigh Inflation, Fed Minutes (W)

Central banks I
Fed Minutes: Little Need Seen to Change Interest Rates This Year (W)
Fed Signals a Year of Patience Is Ahead With a Grab Bag of Growth Risks (B)
Fed Officials Can’t Agree How Big U.S. Bank Reserves Should Be (B)
Herman Cain’s Fed board bid is in danger as three GOP senators plan to vote against Trump’s pick (C)
Vice President Mike Pence backs Trump’s call to lower interest rates, citing low consumer inflation (C)

Central banks II
Japan’s 2% Price Goal Is Now Only Symbolic, Ex-BOJ Official Says (B)
Kuroda Foe Says Japan Will Prove Modern Monetary Theory a Mistake (B)
ECB Officials Are Said to Agree Growth Slowdown Hasn’t Worsened (B)

US
U.S. Inflation Stayed Tame in March (W)
From Coke to Macy’s, Pay for Typical Worker Takes Big Swings (W)

Europe
EU leaders offer to delay Brexit until the end of October (C)

China
China’s Property Market Is Feeling the Stimulus Effect (B)

US politics
Mnuchin Says Treasury Won’t Meet Deadline for Trump Tax Returns (W)

Geopolitics & trade
Treasury Secretary Mnuchin says US and China have agreed on the trade deal enforcement mechanism (C)

Industries & companies
Airlines: JetBlue plans to start flights to London in 2021, taking on entrenched rivals (C)
Airlines: Delta to Add Capacity Amid Improvement on Overseas Routes (W)
Financials: Big-Bank Chiefs, Democrats Spar at House Hearing (W)
Media: Disney’s Next Big Remake: Itself (W)
Retail: Bed Bath & Beyond Reports First Annual Sales Decline (W)

Corporate finance
Uber Aims for IPO Value of $100 Billion, Below Expectations (W)

Technology
Unicorns Bet Big on Amazon’s Cloud (W)
Amazon Workers Are Listening to What You Tell Alexa (B)