wiar 08-02-19

MFwebsite2020researchWhat I Am Reading

August 02 (Friday)

Markets
Stocks, Bond Yields, Oil Fall on New China Tariffs (W)
Brutal 48 Hours for Stock Traders Caught in the Trump-Powell Squeeze (B)
Stock Traders Have Theories About the Timing of Trump’s Tariff Tweet (B)
Treasury Yields Dive to Lowest Since 2016 as Trade War Escalates (B)
China Bond Defaults Rebound Further in July (B)
Tariffs Trigger Glut Fears, Sending Oil to Biggest Drop in Four Years (W)

Central banks
Trump’s new tariffs may set stage for more Fed rate cuts (R)
Fed’s Conundrum: Can Lower Rates Combat Investment Chill (W)
Does Jerome Powell really believe what he’s saying about rate cuts? (NN)
BOE Chief Warns Messy Brexit Would Pressure Global Economy (W)

US
U.S. Manufacturing Slipped in July (W)
Going Out of Style: Tax-Driven Deals to Move Corporate HQs Outside U.S. (W)
Families Go Deep in Debt to Stay in the Middle Class (W)

US politics
Democratic Debates Leave Trio of Presidential Battles (W)
Joe Biden Defends Obama Legacy Against Democratic Criticism (B)
Senate Passes Two-Year Spending Deal That Suspends Debt Ceiling (W)
Comey Won’t Be Prosecuted Over Release of Classified Information (W)

Geopolitics & trade
Trump Ratchets Up Trade War With New China Tariffs (B)
China’s Army Just Released a Video Showing Soldiers Practicing Shooting Protesters (WP)
Hong Kong protests: Head of China’s military garrison condemns violence (NN)
U.S.-China Trade War May Finally Be Coming for Apple (B)
Your Next iPhone Might Be Made in Vietnam. Thank the Trade War. (N)
Next to Protest Against Hong Kong’s Government: Its Employees (N)
U.S., Japan Edge Closer to Limited Trade Pact (W)

Industries & companies
Autos: Trucks Shield Detroit Auto Makers From Global Headwinds (W)
FAANGs: FTC Antitrust Probe of Facebook Scrutinizes Its Acquisitions (W)
FAANGs: Fed Examined Amazon’s Cloud in New Scrutiny for Tech (W)
Industrials: GE’s New Billion-Dollar Problem? Boeing’s MAX (W)
Tech: Opinion: This growing tech giant is disguised as an unloved value stock (MW)
Wireless: Verizon Adds Wireless Customers at Faster Pace (W)

Corporate finance
WeWork Seeks $6 Billion Financing, Contingent on IPO Success (B)
Have Stock Buybacks Gone Too Far?

Cryptocurrency
Crypto Tax Avoiders Face IRS Roulette: Fess Up or Try Hiding (B)

Technology
People With Autism Are Hot Hires for AI Jobs (W)

Offbeat
Campari Sells ‘Most Expensive Home on Earth’ at 43% Discount (B)
Duped by a Robocall From Overseas? It Was Legal (W)