wiar 07-26-19

MFwebsite2020researchWhat I Am Reading

July 26 (Friday)

Markets
U.S. Stocks Fall After ECB Signals a Cut (W)
Dow drops 170 points on fears of a less aggressive Fed next week, Facebook falls (C)
Goldman sees stronger second-half growth, says to buy cyclical companies (C)
Investors Pour Money Into Bond Funds at a Record Pace (W)
Reversal in Oil Stockpiles Helps Support Crude Prices (W)

Central banks
ECB Signals Rate Cut, Possible Asset Purchases (W)
Why China’s Getting Ready to Shake Up Interest Rates (B)
Higher Fed Inflation Target Before Recession Would Have Led to Faster Recovery, Economists Find (W)
Japan’s Banks Are Running Out of Room to Cope With Negative Rates (B)

US
U.S. Durable Goods Orders Rose in June (W)

Europe
The Key to Boris Johnson’s Brexit Plan Is Held by Dublin (W)

US politics
Mueller’s Labored Performance Was a Departure From His Once-Fabled Stamina (N)
Trump being urged by advisors to avoid ‘prosperity killers’ like trade war and firing the Fed chief (C)
Plan to Save Truckers’ and Miners’ Pensions Is Running Out of Time (W)

Geopolitics & trade
An Old Feud Between U.S. Allies Rattles Tech Giants’ Supply Chains (W)
While Trump and Kim Talk, North Korea Appears to Expand Its Nuclear Arsenal (W)

Industries & companies
Aerospace: Boeing Drops Out of Giant Pentagon Program to Replace Nuclear Missiles (W)
Autos: Tesla is headed for its worst day since 2013 after brutal earnings report and loss of technology chief (C)
Autos: Nissan to Cut 12,500 Jobs as Profit Plunge Deepens Turmoil (W)
FAANGs: Amazon’s Streak of Record Profit Ends (W)
FAANGs: Amazon Warns Investors That One-Day Delivery Has a Big Price Tag (B)
FAANGs: Facebook Posts Strong Earnings, Brushing Off Fine (W)
FAANGs: Google Investors Fear Growth Slowdown Is No Blip (W)
FAANGs: Alphabet slumps heading into second-quarter earnings as investors fret over ad sales and regulation (C)
Tech: Samsung to Launch Foldable-Screen Phone in September (W)

Corporate finance
T-Mobile Investors Stuck in Waiting Game Over Sprint Deal (B)
Two Health-Tech Companies Join IPO Parade With Strong Debuts (W)

Offbeat
Europe Logs Record Heat, Struggles to Conserve Water (W)