wiar 09-25-19

MFwebsite2020researchWhat I Am Reading

September 25 (Wednesday)

Market
S&P 500 drops the most in a month on Trump impeachment concerns (C)
Bull market could survive Trump impeachment effort but get battered in the process (C)

Central banks
Banks Flood the Fed With Demand for Two-Week Loans (W)

US
U.S. consumer confidence plunges in September (R)
U.S. Home Price Growth Continues to Lose Momentum (W)
More Workers to Qualify for Overtime (W)
Lower-Income Americans Increasingly Job Hopping (W)

Europe
UK court rules Johnson suspended parliament unlawfully, PM defiant (R)

China
China’s Labor Market Is Changing, but It Isn’t Because of a Trade War (W)

Emerging
IMF says it held ‘constructive meeting’ with Argentina’s Macri, senior officials (R)

US politics
House Speaker Nancy Pelosi expected to announce impeachment inquiry (C)
Trump authorizes release of transcript of controversial Ukraine call that mentioned Joe Biden (C)
House impeachment vote has suddenly become a real threat for Trump (C)
Explainer: What it would take for Congress to impeach Trump (C)
Sanders Calls for 8% Wealth Tax on Richest Americans (W)

Geopolitics & trade
Trump Urges Nations to Place Their Citizens First, Rejects ‘Globalists’ (W)
Trumps’ China trade rhetoric turns harsh at U.N., says won’t take ‘bad deal’ (R)
U.S.-China Trade Tensions Jeopardize Rollout of Self-Driving Vehicles (W)
Trump sees path to peace with Iran even as he denounces leadership for ‘bloodlust’ (R)

Industries & companies
Autos: Volkswagen Executives Charged With Misleading Shareholders (W)
Autos: Fiat Chrysler Manager Charged in Diesel Emissions Scandal (W)
FAANGs: U.S. securities chief ‘not prepared’ to say if Facebook‘s Libra a security (R)
Pharma: Drugmakers Lobby Hard to Preserve Pricing Power (W)
Retail: Nike Soars After First-Quarter Results Top Analysts’ Estimates (B)

Corporate finance
WeWork’s new co-CEOs have experience at tech giants like Amazon and AOL (C)

Offbeat
Vaping giant Juul is cutting staff in corporate restructuring as scrutiny intensifies (C)