wiar 06-15-19

MFwebsite2020researchWhat I Am Reading

June 15 (Saturday)

Markets
Stocks Slip Amid Middle East Tensions (W)
Here are three reasons why a Fed rate cut won’t save Wall Street (C)

Central banks
Emerging Markets Cut Rates Amid Expectations of Looser Fed Policy (W)

US
Strong U.S. retail sales improve economy’s fortunes (R)
Mortgage rates are dropping — so why aren’t more people buying homes? (MW)
Main Street feels the pinch from China tariffs (C)

Europe
Europe’s Populists Are Here to Stay (W)
Country-specific euro zone risks remain ‘very serious’: IMF (R)

China
China’s Economy Shows Fresh Signs of Weakness (W)
Huawei Postpones Launch of Mate X Foldable Phone (W)

US politics
Trump Says He Would Alert FBI Over Foreign Information on Rivals (W)

Geopolitics & trade
Tanker Attacks Force Shipping Firms to Tighten Security (W)
U.S., Iran Trade Accusations (W)
Japanese oil tanker owner disagrees with US military that a mine caused blast near Iran (C)
Trump Says ‘It Doesn’t Matter’ If Xi Agrees to Meeting at G-20 (B)
India to Impose Tariffs on Some Goods Imported From the U.S. (W)

Industries & companies
Autos: While Wall Street obsesses over Tesla, Ford is staging a quiet breakout (C)
Chemicals: Bayer to Invest Billions in Weedkillers in Wake of Roundup Controversy (W)
FAANGs: Facebook to Boost Ad Spending as It Tries to Regain Trust (W)
FAANGs: Facebook’s New Cryptocurrency, Libra, Gets Big Backers (W)

Corporate finance
Chewy Chases Twitter and LendingClub for Decade’s Best Mega-IPO Pop (B)
Chewy, PetSmart’s online business, soars as much 86% after IPO pricing at $22 per share (C)

Offbeat
Kids born today will probably live to be older than 100 — and they’ll need to pay for it (MW)