wiar 07-24-19

MFwebsite2020researchWhat I Am Reading

July 24 (Wednesday)

Markets
Dow jumps more than 150 points as US-China trade talks to begin next week, Coca-Cola earnings beat (C)
Stocks Climb on Upbeat Earnings (W)
Promise of Rate Cuts Lifts Range of Assets (W)
Investors Are Paying to Lend to McDonald’s, Not Just to Eat There (B)

Central banks
Who’s ready for decades of low or negative U.S. interest rates? (MW)

Global
IMF Cuts Global GDP Forecast for 2019, Citing Fallout From Trade Tensions (W)

US
Home Sales Stumble, as Pricey West Coast Markets Suffer Declines (W)

Europe
Johnson to Become U.K. Prime Minister as Brexit Test Looms (W)

Geopolitics & trade
U.S., China Set to Resume Trade Talks in Shanghai Next Week (W)
Trump Wants to Punish Guatemala Over Failed ‘Safe Third Country’ Deal (W)

Industries & companies
Autos: Tesla’s Sales of Higher-End Cars Erode in Key Market (W)
Consumer: Investors Guzzle Coca-Cola but Cool on Kraft (W)
FAANGs: Apple Dominates App Store Search Results, Thwarting Competitors (W)
FAANGs: How to Get a $5,000 Amazon Credit: Buy a House Through Realogy (N)
Financials: American Express to Refund $1.6 Million After Forex Probe (W)
Logistics: UPS to Start 7-Day Delivery (W)
Tech: Big Tech Hit With Broad U.S. Antitrust Probe as Scrutiny Mounts (B)
Tech: Snap Posts Record User Growth (W)
Wireless: The Hottest Phones for the Next Billion Users Aren’t Smartphones (W)

Cryptocurrencies
Facebook’s Libra currency spawns a wave of fakes, including on Facebook itself (WP)

Corporate finance
Apple’s pursuit of Intel’s modem unit is all about ‘doubling down’ on 5G (C)

Offbeat
Kylie Jenner can make more money in one Instagram post than many people earn in a lifetime (MW)