wiar 09-06-19

Mary FanslauWhat I Am Reading

September 6 (Friday)

Markets
U.S., China agree to resume trade talks, markets jump (R)
OPEC is struggling to prove it can still arrest oil price declines in the age of Trump, RBC’s Croft says (C)
Precious Metals Enjoy Resurgence in Negative-Yield World (W)

Central banks
Fed Lines Up Another Quarter-Point Rate Cut (W)
The Fed is expected to cut rates only a quarter point, and that may not satisfy markets (C)
The White House says the Fed is the No. 1 problem facing the economy. That’s not true (NN)

US
U.S. services sector suggests economy weathering trade storm (R)
A Recession Isn’t Inevitable: The Case for Economic Optimism (N)

Europe
Boris Johnson ‘has lost control,’ experts say, but election could be a ‘lifeline’ (C)
A snap election could damage Boris Johnson’s party, or even see the UK break apart (C)

Geopolitics & trade
China and the U.S. Will Hold Trade Talks in Washington in October (W)
Reliable China insiders hint that this round of trade talks could lead to a ‘breakthrough’ (C)
No place like home: Chinese firms stung by trade war build up domestic brands (R)
Hong Kong leader says China ‘respects and supports’ withdrawal of extradition bill (R)
‘Half an Olive Branch’ Fails to Pacify Hong Kong Protesters (W)
U.S. Border Crossings Continue to Fall as Mexico Disrupts Migrant Flow (W)
The Secret History of the Push to Strike Iran (N)

Industries & companies
Autos: Opinion: Here’s how to capitalize on the electric car revolution — without buying Tesla’s stock (MW)
FAANGs: Amazon is testing a ‘New’ badge to highlight newly released products (C)
Utilities: PG&E’s Long Record of Run-Ins With Regulators: A ‘Cat and Mouse Game’ (W)

Corporate finance
WeWork is dramatically slashing its IPO valuation to less than $25 billion because of weak demand (C)

Offbeat
The Top-Ranked College Is… (W)
New York finds high levels of vitamin E oil in cannabis vaping products linked to lung disease (C)