wiar 08-15-19

Mary FanslauWhat I Am Reading

August 15 (Thursday)

Markets
Dow tanks 800 points in worst day of 2019 after bond market sends recession warning (C)
Dow futures are stable in overnight trading after Wednesday’s big rout (C)
The S&P 500 Tends to Rise After an Inverted Yield Curve (W)

Credit
Bond Rally Drives 30-Year Treasury Yield to Record Low (W)
The inverted yield curve explained and what it means for your money (C)
Repo Rates Fuel Concern Over Mounting U.S. Debt (W)
‘Negative’ Interest Rates Used to Be Unthinkable in the U.S.—Not Anymore (F)

Global
Warning Signs Point to a Global Slowdown (W)

Central banks
‘CRAZY INVERTED YIELD CURVE!’ — Trump rips ‘clueless Jay Powell’ and the Fed as the market slides (C)
Trump Says Fed Should Cut Rates as Growth Concerns Jar Markets (W)
Is Trump right to blame the Fed for recession fears? (R)

Geopolitics & trade
Hong Kong Movement That Thrived Without Leaders Veers Out of Control (W)
Trump suggests ‘personal meeting’ with China’s Xi over Hong Kong crisis (C)
Trump Ties Trade Deal to China Action in Hong Kong (W)
Trump officials see no Chinese concessions for tariff delays amid market rout (R)
U.S. Retreat on New Tariffs Gives Beijing Breathing Room on Trade Talks (W)
Huawei Technicians Helped African Governments Spy on Opponents (W)

Industries & companies
FAANGs: Amazon is launching a new program to donate unsold products, after reports that millions were being destroyed (C)
Financials: Embattled Bank Stocks Lose Billions (W)
Retail: Macy’s Turnaround Hits Harsh Retail Reality (W)
Tech: Cisco drops on poor guidance, says China business dropped 25% (C)
Tech: Samsung Tests How 5G Can Improve Chip-Making (W)

Corporate finance
Viacom-CBS Merger Could Boost Advertising Ambitions (W)
WeWork IPO Filing Shows Revenue Growth, Wide Losses (W)

Technology
AI Startup Boom Raises Questions of Exaggerated Tech Savvy (W)
Are You Ready for Facial Recognition at the Airport? (W)