wiar 09-10-19

Mary FanslauWhat I Am Reading

September 10 (Tuesday)

Markets
Dow Industrials Edge Up in Quiet Session (W)
Stocks are expected to break out to new highs, barring any errant presidential trade tweets (C)
Stocks Near Records, but Memories of 2018 Leave Investors Uneasy (W)
Hedge Funds Getting Burned as Growth Stocks Trounced by Value (B)

Credit
Top U.S. regulator warns over corporate debt, market risks (R)
US consumer borrowing posts $23.3 billion gain, biggest gain since late 2017 (C)
Real US debt levels could be 2,000% of economy, a Wall Street report suggests (C)

US
U.S. Treasury chief sees positive year for economy as China talks loom (R)
U.S. consumer inflation expectations decline to a new low: NY Fed survey (R)
Fall housing shifts quickly to a buyer’s market (C)
Amazon Has 30,000 Open Jobs. Yes, You Read That Right. (N)

US politics
Trump Calls GOP Challengers the ‘Three Stooges’ (W)

Europe
Boris Johnson Promises Oct. 31 Brexit as Law Passes to Rule Out No Deal (W)
MPs Demand Government Publish No-Deal Planning: Brexit Update (B)
Boris Johnson Faces Parliament Defeat on Snap Election: Trader’s Guide (B)
Corbyn, unlikely EU warrior, makes last stand on Brexit (R)
Germany Says Budget Change Possible to Counter Slump; Bunds Fall (B)

Geopolitics & trade
U.S. Files Criminal Charges Against Chinese Professor Linked to Huawei (W)
The World Expected a Chinese Tech Takeover. Alibaba Can’t Even Conquer Vietnam. (W)

Industries & companies
Energy: Fracking Buzzwords Evolve, From ‘Ramp Up’ to ‘Capital Discipline’ (W)
FAANGs: Google faces a new antitrust probe by 50 attorneys general (C)
FAANGs: The Government vs. Big Tech: Arguments Each Side Could Make (W)
eCommerce: Shopify will soon trail only Amazon for US e-commerce, and the stock is soaring (C)

Corporate finance
Elliott Discloses AT&T Stake and Calls for Shake-Up (W)

Offbeat
Early retirement sounds amazing, but it can take a toll on your mental health (MW)