wiar 08-14-19

Mary FanslauWhat I Am Reading

August 14 (Wednesday)

Markets
Trump delays tariffs on Chinese cellphones, laptops, toys; markets jump (R)
Bond Yields Make Stocks Hard to Ignore (W)
Main yield curve nearly inverts as 10-year yield tops 2-year rate by just 2 basis points (C)
Yield Curve Telegraphs Recession, but Its Wires Are Crossed (W)
Oil soars near 5% as U.S. delays tariffs on some Chinese goods (R)

Central banks
A $1 trillion US budget deficit is one big reason the Fed may have to cut rates (C)

US
Predicting the next U.S. recession (R)
Inflation Picked Up in July (W)
Mortgage Debt Hits Record, Tops 2008 Peak (W)

US politics
As 2020 race heats up, growing worries Warren and Sanders will split leftist vote (R)

Geopolitics & trade
Trump Bows to Economic Concerns in Move to Delay China Tariffs (B)
Trump just blinked, giving China a possible edge in trade war, some big Wall Street names say (C)
Trump Says China Moving Troops to Its Border With Hong Kong (B)
China denies Hong Kong port visit for U.S. Navy ships amid tensions (R)
Police, protesters clash at Hong Kong airport after flights halted for second day (R)
Putin’s Missile Is Far Better Than Trump’s Missile, Kremlin Says (B)

Industries & companies
Autos: GM, Volkswagen Say Goodbye to Hybrid Vehicles (W)
Energy: Shareholders Have No Love for Shale Companies (W)
FAANGs: EU Nears Decisions in Facebook Privacy Cases (W)
Retail: Trump’s Christmas Miracle Is Cold Comfort for Retailers (B)
Retail: Cashierless Stores Make Inroads in U.S. (W)
Utilities: PG&E Makes Final Push to Stay in Charge of Chapter 11 (W)

Corporate finance
CBS, Viacom Strike Deal for Long-Thwarted Merger (W)
FTC Chief Says Willing to Break Up Companies Amid Big Tech Probe (B)

Technology
What Your Voice Reveals About You (W)

Offbeat
Once Asking $1 Billion, L.A.’s Priciest Listing Is Scheduled to Sell at Auction (W)