wiar 07-30-19

MFwebsite2020researchWhat I Am Reading

July 30 (Tuesday)

Markets
S&P 500 Ticks Lower as Expected Fed Rate Cut Looms (W)
Strong Earnings Allay Fears Over Trade and Growth—for Now (W)
More Exchanges Add ‘Speed Bumps,’ Defying High-Frequency Traders (W)
Pound Falls Against Dollar Amid Brexit Fears (W)

Central banks
Trump Criticizes Expected Fed Rate Cut as ‘Not Enough’ (W)
If the Fed cuts rates this week, it could widen a growing rift within the central bank (C)
A Fed interest rate cut is in the bag. What then? (R)
Fed Prepares Rate Cut Amid Worries About Low Inflation (W)

US
U.S. auto sales seen slipping in July – J.D. Power, LMC Automotive (R)
U.S. More Than Doubles Borrowing Estimate on Debt-Limit Lifting (B)
Refinancing Boom Boosts Mortgage Lending (W)

US politics
Trump administration proposes rule requiring hospitals to publish the prices negotiated with insurers (C)
Kamala Harris proposes cancelling $20,000 in student debt for these low-income borrowers, unleashing backlash on Twitter (MW)
Treasury to Borrow Over $1 Trillion in 2019 for Second Year in a Row (W)

Geopolitics & trade
Sen. Elizabeth Warren wants to dramatically rewrite the rules on negotiating trade deals (C)

Industries & companies
Aerospace: Boeing better get its ‘s— together,’ Ryanair CEO warns as 737 Max grounding drags on (C)
Airlines: United Airlines Adds Biometric Clearance for Passengers (W)
FAANGs: Facebook Watch Draws More Advertisers—Gradually (W)
FAANGs: Surescripts ups its battle with Amazon PillPack: ‘We are turning the matter over to the FBI’ (C)
Health Care: Hospitals May Be Forced to Disclose Discount Rates Negotiated With Insurers (W)
Media: Netflix Splurges on Big-Budget Movies (W)
Pharma: Pfizer to Merge Off-Patent Drug Business With Mylan (W)
Pharma: For Many Diabetes Patients, Skin Patches and Phones Are Replacing Finger Pricks (W)
Tech: Cloud Computing Is Here. Cloud Recycling Is Next. (W)
Tech: DOJ’s tech probe needs to be mindful of corporate harassment (N)

Corporate finance
Companies are ramping up share buybacks, and they’re increasingly using debt to do so (C)
Beyond Meat posts mixed quarterly results, announces secondary share offering; stock dives (C)

Cybersecurity
China’s Cybersecurity Regulations Rattle U.S. Businesses (W)