wiar 10-12-19

Mary FanslauWhat I Am Reading

October 12 (Saturday)

Markets
Stocks Rally as U.S.-China Trade Talks Progress (W)
These stocks could be the biggest winners if the US completes this phased trade deal with China (C)
Wall Street jumps but ends off highs after partial trade deal (C)

Central banks
Trump says the Fed should cut rates anyway even though US and China have agreed to trade deal (C)
QE, or Not QE? Impact of Fed Bond-Buying Will Depend on Treasury (B)
Fed to Start Buying $60 Billion of Treasury Bills a Month From Oct. 15 (B)

US
A Bite-Size Trade Deal Won’t Save U.S. Industry (W)
Earnings Season May Not Be as Bad as Investors Think (W)

Europe
Brexit Bounce: U.K. Assets Surge on Divorce-Deal Optimism (W)

China
Who Willed the Electric Car? China, and Here’s Why (W)

US politics
Indicted Giuliani associate worked for Ukrainian oligarch Firtash (R)
Trump urges appeals court to shield tax returns from N.Y. prosecutors (R)
Trump’s Stonewalling on Impeachment Shows Cracks With Testimony (B)

Industries & companies
Aerospace: Boeing’s board separates CEO, chairman roles (R)
Autos: GM Talks With UAW Hit Impasse, Propelling Strike Into the Weekend (W)
FAANGs: Facebook’s libra cryptocurrency coalition is falling apart as eBay, Visa, Mastercard and Stripe jump ship (C)

Geopolitics & trade
Trump says the US has come to a substantial phase one deal with China (C)
US says China tariffs scheduled to rise on Tuesday suspended; no decision on other tariffs (C)
U.S., China agree ‘Phase 1’ trade deal; Trump suspends October tariff hike (R)
Trump administration clears the way for sanctions on Turkey: ‘We can shut down the Turkish economy’ (C)

Corporate finance
IAC Proposes to Spin Off Match (W)

Technology
Can an AI System Be Given a Patent? (W)

Offbeat
Secret Recordings Describe Extensive Corruption at Mexico’s Pemex (W)