What I Am Reading

April 10 (Wednesday) Markets Wall Street drops on U.S. trade tensions with EU, IMF global outlook (R) Chipmakers’ lousy first quarter earnings could threaten sector’s strong stock market gains (C) Central banks Chuck Schumer says Stephen Moore, Herman Cain would not be good fit for Fed’s mission (C) ECB picks board member Mersch for key bank supervisory role (R) Global IMF Cuts 2019 Global Growth Outlook (W) US U.S. job openings hit 11-month low; quits rate stagnates (R) House Flipping Is Back to Pre-Crisis Levels. Here’s Why It’s Less of a Concern. (W) Europe Italy Warns of Bigger Budget Deficit (W) US politics Barr Says Release of Mueller Report Can Come Within a Week (W) ‘You Are Ordering Me to Stay’: Mnuchin and Waters Clash at Hearing (B) Geopolitics & trade In new attack, Trump threatens more tariffs against European Union (R) Canada looks at fresh tariffs on U.S. goods, silent on details revealed by envoy (R) The US could be locked in a ‘Forever Trade War’ that no one sees coming (C) U.S. Goes on the Offensive Against China’s Empire-Building Megaplan (W) Israel’s election too close to call as both sides claim victory (C) Industries & companies Aerospace: Orders for Boeing’s 737 Jet Drop After Crashes (W) Financials: Bank of America is raising its minimum wage for employees to $20 an hour (C) Financials: Languishing Wells Fargo Struggles to Boost Its Businesses (W) Utilities: PG&E Among Utilities Cited for Failing to Protect Against Attacks (W) Corporate finance Saudi Aramco Raises $12 Billion in Debut Bond Sale (W) Wynn Resorts Ends Merger Talks After Early Disclosure (W) Technology Walmart Rolls Out the Robots (W) Space Is Poised for Explosive Growth. Let’s Get It Right. (W) Offbeat New York declares measles emergency, blasts misinformation fueling outbreak (R) NYC Orders Mandatory Measles Vaccinations in Parts of Brooklyn (W) U.S. charges 24 in telemedicine healthcare fraud causing $1.2 billion losses (R)

April 09 (Tuesday) Stocks The stock market is poised to overtake its record high set in September (C) A Growth Surprise Could Shock Markets (W) How’s Your ETF Portfolio Doing? Good Luck Finding Out (W) Credit, currencies & commodities JPMorgan Says Stock Traders Are Looking at the Wrong Yield Curve (B) Yield-Hungry Investors Revive ‘Carry Trade’ in Emerging Markets (W) Frackers, Chasing Fast Oil Output, Are on a Treadmill (W) Steel Ingredient Iron Ore Hits Nearly Five-Year High (W) Central banks Fed hits back over Trump claims that monetary ‘tightening’ is hurting the economy (C) ECB Is Said to Respond Only Slowly on Negative Rate Review (B) US Housing sentiment surges in March, and sellers are the most optimistic (C) Forget everything you’ve heard about first-time homebuyers. They’re doing all right. (MW) These 40 cities may see housing prices decline, survey says (C) Europe Europe Isn’t Japan in the 1990s. You Should Still Be Worried EU Draws Closer to Deal on Brexit Delay as Core Leaders Plan to Meet (B) US politics American billionaires call for upgrades to capitalism, starting with higher taxes on themselves (C) Industries & companies FAANGs: What’s Been Lacking at Google’s Cloud? Enough Humans (W) FAANGs: Facebook, Google in Crosshairs of New U.K. Policy to Control Tech Giants (W) FAANGs: FAANG’s $800 Billion Rally Has Mom and Pop Investors Cashing Out (B) Financials: Fed Moves to Ease ‘Living Wills’ for Large Banks (W) Industrials: GE Shares Slump as Top Analyst Downgrades to ‘Sell’ Again (W) Industrials: Caterpillar Digs for New Services Revenue (W) Pharma: Botox Rivals Create New Wrinkles for Allergan (W) Retail: Opinion: Walgreens and CVS stocks look like tempting values, but investors may be swallowing a bitter pill (MW) Corporate finance Pinterest Sets Planned IPO Price Below Last Valuation (W) Offbeat Felicity Huffman, others to plead guilty in U.S. college admissions scandal (C) You don’t need a 4-year college degree for these high-paying jobs at Google, Apple, Netflix (MW) Uber but for Xi Jinping (N)

April 08 (Monday) Markets This Bull Market Has No Expiration Date (BR) Value Investing Will Beat Growth Again — but Maybe Not for Years to Come (BR) Wall Street will likely see worst earnings season in about three years, Nick Colas warns (C) Central banks Trump Wants the Fed to Cut Rates. It Just Might If Inflation Softens (B) US Spending Battle Clouds Outlook for U.S. Growth (W) China China’s Hard Edge: The leader of Beijing’s Muslim Crackdown Gains Influence (W) US politics Kirstjen Nielsen is out as Homeland Security chief as Trump pushes for tougher border policy (C) Trump Administration Officials Back Herman Cain Despite Scrutiny (W) Geopolitics & trade What the U.S. Gets Wrong About China—and Why That Spells Trouble (BR) Industries & companies Autos: Add-On Services Emerge as Car Dealers’ Profit Generator (W) FAANGs: Apple Music Overtakes Spotify in Paid U.S. Subscribers (W) Financials: Warren Buffett says next Wells Fargo CEO ‘shouldn’t come from JP Morgan or Goldman Sachs (C) Technology Here’s why Amazon is trying to reach every inch of the world with satellites providing internet (C) Bezos hired a SpaceX vice president to run Amazon’s satellite internet project after Musk fired him (C) Amazon Wants You to Use Alexa to Track Health Care (W) How the Army plans to use Microsoft’s high-tech HoloLens goggles on the battlefield (C) Corporate finance China’s IPOs Could Finally Break Out After a String of Flops (BR) Lyft threatens litigation against Morgan Stanley for allegedly supporting short-selling (C) Offbeat Nike ‘won’t respond’ to new Avenatti accusations, including alleged bribe to Zion Williamson’s mom (C)

April 06 (Saturday) Markets S&P 500 Closes Higher for Seventh Straight Session (W) First-quarter earnings are expected to be lousy, but the stock market may not care (C) ‘How is this possible?’ Analysts puzzle over stock market’s rally amid equity-fund exodus (MW) U.S. targets Cuba’s oil supply from Venezuela in new sanctions (R) Central banks Trump Urges Fed to Cut Rates, Resume Bond Purchases (W) US U.S. Adds 196,000 Jobs in March, a Return to Solid Growth (N) Opinion: The jobs report nails it: It’s a slowdown, not a recession (MW) Hiring Rebounded in March, Helping Ease Downturn Jitters (W) Cramer’s game plan: The March jobs number was enough to dim recession worries (C) America’s bustling jobs market is still leaving some people behind (C) US politics 70% of Wall Street thinks Trump will be reelected in 2020 (C) Trump hires law firm to fight bid by Congress to get his income tax returns (C) Geopolitics & trade US to designate elite Iranian force as terrorist organization (C) Industries & companies Aerospace: Boeing to cut 737 Max production beginning in mid-April (C) FAANGs: Apple Music Overtakes Spotify in Paid U.S. Subscribers (W) FAANGs: Amazon’s Rise in Ad Searches Dents Google’s Dominance (W) Pharma: Plan to End Drug Rebates Adds Protections for Insurers (W) Tech: Samsung Hopes Strong Chip Sales Aren’t Just a Memory (W) Tech: The Only Thing Going Right for Tech Companies Is the Stock Market (B) Cybersecurity Cisco finds dozens of open-air groups peddling cybercrimes to 385,000 users on Facebook (MW) Corporate finance Judge to Hold Hearings on Decision to Allow CVS-Aetna Merger (W) Several private firms still interested in buying Nielsen as sale process drags on (C) Gold Badges and Boozy Breakfasts: Inside the Frenetic Fight for IPO Listings (W)

April 05 (Friday) Markets Stocks Rise as U.S.-China Trade Talks Continue (W) Opinion: Stocks predict boom, bonds predict gloom, — which signal should you believe? (MW) Is Money Easy or Tight? It Depends on the Stock Market (W) Central banks Trump’s possible pick of Cain to Fed indicates fury at last year’s rate hikes (MW) Fed’s Harker Sees at Most One Rate Rise in 2019, Another In 2020 (W) US Friday’s jobs report could eliminate market’s recession fears (C) Economists Expect Hiring Rise, Wage Gains in March Jobs Report (W) Home prices hit a record, as higher-end listings dominate this spring’s market (C) Europe German Manufacturing Slump Piques Fears Over Europe’s Flagship Economy (W) Fearing a No-Deal Brexit, British Companies Hoard Like It’s Wartime (W) US politics Ohio Rep. Ryan Enters 2020 Presidential Race (W) Geopolitics & trade US, China make progress on trade, but enforcement is still a big sticking point (C) Trump Says U.S.-China Trade Deal Close (W) Trump Talks Up ‘Monumental’ China Trade Deal That Isn’t Done Yet (B) Trump delays closing US-Mexico border for at least a year (C) U.S. conducted secret surveillance of China’s Huawei, prosecutors say (R) Industries & companies Airlines: Boeing under pressure as Ethiopian investigators point crash blame to 737 Max software (C) Autos: Tesla stock roiled by ‘ugly’ delivery numbers (MW) Autos: Elon Musk’s job at Tesla likely safe even if held in contempt in SEC case (R) FAANGs: Amazon’s Rise in Ad Searches Dents Google’s Dominance (W) FAANGs: Amazon Is Making a Rival to Apple’s AirPods as Its First Alexa Wearable (B) Health Care: CVS, Walgreens Look to the Chronically Ill for a Pharmacy Cure (W) Offbeat Jeff Bezos to keep 75% of couple’s Amazon stock after finalizing divorce (C)

April 04 (Thursday) YRI Risk-reward is little more mixed in markets, says strategist (C) Daily Markets Overview Markets Stocks coiled to spring higher to new records if Friday’s jobs report doesn’t bomb again (C) Junk bonds suggest U.S. stocks may have further to run (R) Opinion: The ‘smart money’ is buying only five of 11 popular tech stocks — and selling one (MW) Opinion: This investing strategy gives you a little less return but a lot less risk (MW) US Investors Brace for Hit to Profits as Costs Rise (W) U.S. Services-Sector Growth Cooled in March (W) U.S. Private Sector Added 129,000 Jobs in March (W) Here’s why investors could be wiped out by a second disastrous jobs report (MW) Global Escalating U.S.-China trade war would hit manufacturing, agricultural jobs: IMF (R) US U.S. services, private payrolls data highlight slowing economy (R) US politics Biden promises in video message to be ‘more mindful and respectful of people’s personal space’ (C) Emerging China’s Belt-and-Road Initiative Puts a Squeeze on Pakistan (W) Geopolitics & trade China admits for the first time that U.S. officials ‘have a point’ on IP theft and hacking, Larry Kudlow says (C) White House’s Kudlow says U.S.-China talks making progress, could extend (R) U.S. Military Refocuses on Pacific to Counter Chinese Ambitions (W) Industries & companies Aerospace: Ethiopia to issue first Boeing investigation report (R) Autos: Ford Brings Out the Jumper Cables in China…Again (W) Consumer: P&G Faces Backlash Over Diaper, Sanitary Waste (W) FAANGs: Facebook dips on report that user records were exposed on Amazon cloud servers (C) Financials: After Cutting 802,000 Jobs, Some Big Banks Are Adding Staff (B) Financials: Accounting Rule Maker FASB Rejects Proposal on Loan Losses (W) Wireless: Verizon begins rolling out its 5G wireless network for smartphones (C) Wireless: T-Mobile to Offer Customers Viacom TV Channels (W) Technology Tech, Health Firms Race to Help Consumers Manage Personal Data (W) Offbeat Apple employee files complaint against U.S. Customs for asking to unlock his corporate laptop and phone (C)

April 03 (Wednesday) Markets U.S. Stocks Tread Water as Walgreens Drags Dow (W) This is the ‘canary in the coal mine’ for stocks, market analyst warns (C) The legendary ‘gatekeeper’ of the stock market—whose picks dictated trillions in ETF holdings — is retiring (MW) BlackRock Launches Sweeping Overhaul in Bid to Boost Growth (W) Tech Stocks Return to Near-Record Levels (B) Global Affordable Housing Crisis Spreads Throughout World (W) Central banks Trump reportedly told Fed’s Powell that he’s ‘stuck’ with him (C) Trump Called Powell in March as Stocks Slid Amid Growth Worries (B) Moore is who President Trump needs to reform the Federal Reserve (USA) US U.S. Durable-Goods Orders Fell in February (W) U.S. Auto Sales Stumbled in First Quarter (W) US politics House committee passes bill to upgrade 401(k) plans amid ‘retirement income crisis’ (C) What Modern Monetary Theory Gets Right and Wrong (W) Geopolitics & trade Here’s what the U.S. buys and sells from Mexico (MW) Trump steps back from Mexico border threat as companies warn of economic fallout (R) Cybersecurity If the Saudis actually hacked Jeff Bezos’ phone, here are the details security experts want to know (C) Chinese national charged with entering Trump’s Mar-a-Lago was carrying ‘malicious software’ (C) Industries & companies FAANGs: Apple has started to bend its own rules as it seeks to grow subscribers for its digital services businesses (C) Financials: Big Banks Reach for Small Deals as Merger Boom Slows (W) Health Care: Firms Race to Help Consumers Manage Health-Care Records (W) Pharma: Pharmacy Chains Feel the Pinch From Generic Drug Prices (W) Pharma: Walgreens, Squeezed by Drug Prices, Slashes Outlook (W) Corporate finance Cramer: Investor apathy for Lyft is a big positive for this bull market (C) Offbeat In Search of Generation Z

April 02 (Tuesday) Markets Stocks Rise as China Data Ease Concerns Over Global Growth (W) Wall Street rallies on upbeat China, U.S. manufacturing data (R) Central banks Trump wants the Federal Reserve to cut interest rates now. Wall Street is starting to agree. (WP) Things are only getting tougher for Chair Jerome Powell and his ‘all over the place’ Fed (C) Fed’s Kashkari Says It Isn’t Time to Cut Rates (W) Fed sets agenda for Chicago ‘framework’ conference in June (R) Official Says White House Stands Behind Moore’s Fed Nomination (W) Global U.S. and Chinese Manufacturing Stabilize, While Europe Lags Behind (W) US U.S. Retail Sales Fell 0.2% in February (W) Mixed data offer glimmers of hope for slowing U.S. economy (R) Gas Prices Creep Toward $3 a Gallon (W) Corporate America’s profits are set to drop. Are blue-collar workers the reason? (MW) There’s a retirement crisis in America where most will be unable to afford a ‘solid life’ (C) Nearly 5 million homeowners can now save money on their mortgages (C) China China’s Entrepreneurs Are Left High and Dry Despite a Flood of Credit (W) Industries & companies Aerospace: Boeing to submit final 737 Max fix for FAA review in ‘coming weeks’ (C) Airlines: U.S. Airlines Report Delays Caused by System Fault (W) FAANGs: Whole Foods will slash prices on hundreds of items starting Wednesday (C) Media: There Are Five Different Races in Streaming TV. Here’s Where Apple Fits In. (W) Retail: The Outlandish Story Of Ollie’s: A $5 Billion Retail Empire That Sells Nothing Online (But Is Beating Amazon) (F) Tech: Changes to H-1B visa lottery create ‘stress’ for tech companies and employees (C) Corporate finance Lyft’s Tumbling Stock Is a Worrying Sign for Other Unicorns (B) Three reasons why Lyft stumbled on the second day of trading (C) Think This Lyft Sell-off Is Bad? Wait ’Til Short Sellers Enter the Fray (B) Aramco Tops Apple As World’s Most Profitable Company (W)

April 01 (Monday) Markets Stock market at crossroads after strongest quarterly rise in a decade (MW) Investors Push Into Stocks on the ‘Fear of Missing Out’ (W) How the Dow Spinoff Could Unlock Value and Offer a Rich Dividend (BR) Central banks Debt Investors at a Crossroads as Fed Pivots (W) Global Global recession fears are overblown, even as growth will stay ‘sluggish’ in 2019: PNC (C) Europe Is Europe Ready for the Next Crisis? (BR) Japan For Some, Another Day Older and Deeper in Debt Doesn’t Sound So Bad (W) China China Manufacturing Gauge Rebounds (W) US politics Trump is trying to kill Obamacare again and Democrats couldn’t be happier (C) Mueller findings have little impact on views of Trump: NBC News/WSJ poll (C) Joe Biden responds to kiss accusation: ‘Never did I believe I acted inappropriately’ (C) Geopolitics & trade China will continue to suspend extra tariffs on U.S. vehicles, auto parts (R) Saudis accessed Amazon CEO Jeff Bezos’ phone and gained private data, security chief says (C) Industries & companies Aerospace: U.S., Ethiopian Investigators Tussle Over 737 MAX Crash Probe (W) FAANGs: Zuckerberg backs stronger Internet privacy and election laws: ‘We need a more active role for governments’ (C) FAANGs: Mark Zuckerberg’s call for tougher Internet regulation won’t save Facebook from these investigations (C) Food: Kellogg nears deal to sell Keebler and Famous Amos business to Nutella owner Ferrero (C) Media: Disney’s live-action ‘Dumbo’ falls short of box-office expectations (MW) Retail: Walgreens Isn’t Ready to Quit Cigarette Sales Yet (W) Wireless: AT&T vs. Verizon: Our Call (BR) Technology Your Drone-Delivered Coffee Is (Almost) Here (W)

March 30 (Saturday) Markets S&P 500 notches best start to a year since 1998, Dow rises more than 200 points on trade optimism (C) Central banks Fed policymakers do not want rate cuts, not even the doves (R) White House’s Kudlow calls for Fed to ‘immediately’ make half-point cut — and then walks it back a bit (MW) Stephen Moore’s Unusual Route to the Fed as a Political Warrior (W) US U.S. Consumer Sentiment Rose More Than First Reported in March (B) Consumers’ Cautious Start to 2019 Trims Expectations for Growth (W) U.S. New-Home Sales Advanced in February to 11-Month High (B) U.S. Inflation Gauge Slid in January to Slowest Pace Since 2016 (W) Europe May’s Brexit Deal Is Rejected for a Third Time by Lawmakers (W) US politics Trump, Congressional Republicans in Standoff Over Health Law (W) U.S. Attorney General to release redacted Mueller report to public by mid-April (R) Geopolitics & trade China Touts Progress With U.S. as Both Focus on a Final Deal (B) U.S. Trade Negotiators Take Aim at China’s Cybersecurity Law (W) Huawei Shakes Off U.S. Offensive to Post Strong Results (W) Industries & companies Autos: Tesla cars keep more data than you think, including this video of a crash that totaled a Model 3 (C) Energy: Florida utility to close natural gas plants, build massive solar-powered battery FAANGs: Apple cancels AirPower, the wireless charging pad it announced over a year ago (C) FAANGs: Major Apple Supplier Foxconn Suffers Profit Drop (W) Financials: Wells Fargo Seeks a CEO to Charm Washington, Fix Bank (W) Corporate finance Lyft stock pops on first day of trading in encouraging sign for unicorn pipeline (MW) How Tech Unicorns Are Raking In Cash but Losing Big Money (W) The IPO Millionaires Are Coming! (W) Technology & cybersecurity Why the Card Game Hanabi Is the Next Big Hurdle for Artificial Intelligence (W) FBI, Retooling Once Again, Sets Sights on Expanding Cyber Threats (W) Offbeat U.S. to Charge More People in College Scandal, Prosecutors Say (B)