wiar 04-13-19

Mary FanslauWhat I Am Reading

April 13 (Saturday)

Markets
U.S. Stocks Close Higher as Bank Earnings Provide Lift (W)
Cash Out, or Go All In: When Stocks Are Up 16% and It’s Only April (B)
Individual investors finally turn bullish, as stock market nears all-time highs (MW)
Some optimistic corporate outlooks in the week ahead could lift the stock market to a record (C)
Stocks Rise as Bank Earnings Kick Off (W)

Global
IMF Warns Policymakers to ‘Do No Harm’ as World Economy Wobbles (B)

Central banks
The End of Fed Debt Unwind Is Set. So Treasury’s Looking at What’s Next (B)
Interview Transcripts Tell Story of Fed Over Past 50 Years (W)

US
U.S. Consumer Sentiment Drops as Tax-Cut Boost Fades (W)
U.S. Retail Stores’ Planned Closings Already Exceed 2018 Total (N)
Alan Greenspan says economy will start to fade ‘very dramatically’ because of entitlement burden (C)

Europe
As Brexit Deadline Slips, Nigel Farage Launches New Anti-EU Party (W)

Emerging
China Trade Data Raise Red Flags on Economic Recovery (W)
China Chops Price ‘Belt and Road’ Project in Malaysia (W)

US politics
President Trump announces new 5G initiatives: It’s a race ‘America must win’ (C)

Industries & companies
Airlines: Costs for Boeing Start to Pile Up as 737 Max Remains Grounded (N)
Autos: Tesla Halts Online Sales of $35,000 Version of Model 3 (W)
Financials: JPMorgan Posts Record Profit, but Interest Rates Cloud Outlook (W)
Media: Disney shares are surging but some analysts are not sold on the streaming service (C)
Media: Disney Prices New Streaming Service at $6.99 a Month (W)
Media: At Disney, Bob Iger’s Successor Will Inherit His Big Streaming Bet (W)
Utilities: PG&E Caps Best Day Since Going Bankrupt as California Offers Help (B)

Corporate finance
Global Competition Takes Toll on Uber’s Growth Ahead of IPO (W)
Why oil giant Chevron is buying Anadarko Petroleum for $33 billion (C)
Chevron to Buy Anadarko Petroleum in $33 Billion Cash-and-Stock Deal (W)
Bristol-Myers Shareholders Approve $74 Billion Deal For Celgene (W)

Offbeat
Here’s Where Active Management Actually Works (II)