wiar 01-15-20

MFwebsite2020researchWhat I Am Reading

January 15 (Wednesday)

Dow closes flat, bank shares jump led by JP Morgan C
The Fed (Mostly) Didn’t Cause the Latest Stock Market Melt-Up W
Phase one trade deal could be less than market hopes C

Credit & commodities
Wall Street’s Biggest Bond Trading Desks End 2019 With Roar B
A Decade Without Fed Hikes Comes Into View for Bond Investors B
Shale Discipline Seen Curbing U.S. Oil Output Growth by Over 50% B

Central banks
Fed Adds $82 Billion to Financial Markets W
Fed Set to Trim Size of Term Repo Operations From Next Month B
Fed’s George Says Keep Rates Steady ‘For Now’ to Assess Economy B
ECB Officials See Euro-Area Economy Stabilizing at Start of 2020 B

U.S. consumer prices gain slightly; underlying inflation tame R
In a Year of Trade War, U.S. Deficit With China Shrank W
U.S. Seeks Biggest Change to Economic Releases in Decades B

US politics
Senate Impeachment Trial Likely to Start Next Tuesday, McConnell Says W
Nancy Pelosi gambled and lost on the impeachment delay NN
Trump Administration Plans to Shift Additional $7.2 Billion for Border Wall W

Geopolitics & trade
China Tariffs to Stay Until 2020 Election Despite US Trade Deal B
Schumer Says Trump’s Phase-One China Deal Is Too Weak W
Trump’s Supporters See U.S. Victory in China Trade Deal N
China to ramp up U.S. car, aircraft, energy purchases in trade deal: source R
Phase 1 commodity targets likely more than China can chew: analysts R
U.S., EU, Japan agree new subsidy rules with China trade in focus R
European Powers Put Iran on Notice Over Nuclear Deal W

Industries & companies
Aerospace: Boeing Orders Fall to 16-Year Low W
Autos: Tesla stock surge positions Elon Musk for $346 million payout C
FAANGs: Amazon Lifts Ban on FedEx Ground for Third-Party Prime Shipments W
FAANGs: Amazon Publishes Books by Top Authors, and Rivals Fret W
FAANGs: Google Chrome to Phase Out Third-Party Cookies in Effort to Boost Privacy W
Financials: Big Banks Post Big Profits Thanks to Strong U.S. Economy W
Financials: JPMorgan (JPM) Trading Surge Helps Fuel Most Profitable Year Ever B
Financials: Dimon Says His Retirement From JPMorgan Is Still Five Years Away B
Tech: PC Shipments Rose in Fourth Quarter, Boosted by Windows Upgrades W

Corporate finance
Visa to Pay $5.3 Billion for Fintech Startup W
MGM Grand, Mandalay Bay Real Estate to be Sold to JV Including Blackstone W

How Congress made it easier to avoid the IRS C
Ex-Nissan boss Ghosn says French envoy told him of inside plot R

Daily Markets Overview