wiar 05-09-19

MFwebsite2020researchWhat I Am Reading

May 09 (Thursday)

Markets
Trump’s tariff deadline looms as Wall Street hedges for all outcomes in trade showdown (C)
Here are the stocks to buy if an all-out U.S.-China trade-war erupts, says Goldman (MW)

Global
How our low inflation world was made (FT)

US politics
Senate Intelligence Committee subpoenas Donald Trump Jr. about prior claim to have limited role in Moscow deal (C)
House Judiciary Panel Votes to Hold Barr in Contempt (W)

Geopolitics & trade
Trump: China ‘broke the deal’ in trade talks (C)
Exclusive: China backtracked on almost all aspects of U.S. trade deal – sources (R)
China says it will take ‘necessary’ countermeasures if US raises tariffs Friday (C)
China Threatens Retaliation as U.S. Files Paperwork to Raise Tariffs (W)

Industries & companies
Financials: For Blackstone, Insurance Is Next Big Push on Route to $1 Trillion Goal (W)
Media: Disney earnings beat, but movie revenue drops ahead of ‘Endgame’ windfall (MW)
Media: Disney Spends Big on Its Streaming Bet (W)
Media: Fox Profit, Revenue Rise in First Quarter Since Spinoff (W)
Media: Fox Sports becomes the first big media company to put its brand on a sports betting product (C)
Pharma: Genetically Engineered Viruses Treat Antibiotic-Resistant Infection (W)
Retail: Walmart Store Managers Make $175,000 a Year on Average (W)

Corporate finance
Uber Set to Price IPO at Midpoint of Target Range or Below (W)

Cybersecurity
A malware attack against accounting software giant Wolters Kluwer is causing a ‘quiet panic’ at accounting firms (C)
Hackers Swipe More Than $40 Million of Bitcoin (W)
Amazon Hit by Extensive Fraud With Hackers Siphoning Merchant Funds (B)