wiar 10-26-19

MFwebsite2020researchWhat I Am Reading

October 26 (Saturday)

Markets
S&P 500 Flirts With Record Levels (W)
The Rumbling Sound in U.S. Stocks Is the Return of Risk Appetite (B)

Central banks
Russia Delivers Biggest Rate Cut Since 2017, Signals More Easing (B)

US
‘Stakes are high’ for the financial system to address rising corporate debt, Barclays CEO warns (C)
Subprime Auto Giant’s Loans Souring at Fastest Clip Since 2008 (B)
Federal deficit increases 26% to $984 billion for fiscal 2019, highest in 7 years (C)

China
What slowdown? China’s riding to the rescue of luxury brands (R)

US politics
Democrats Have an Impeachment Momentum Problem (B)
Judge calls Trump impeachment probe legal, says House must get Mueller grand jury information (C)

Geopolitics & trade
U.S., China ‘close to finalizing’ part of a Phase One trade deal: USTR (R)
Trump advisor Peter Navarro fighting ‘Phase One’ of China trade deal, sources say (C)
Businesses Fear U.S., China Won’t Reach Trade Deal on Core Issues (W)
China Sets Up New $29 Billion Semiconductor Fund (W)
Mexico expects U.S. Congress to start formal trade deal approval soon (R)
Clashes Break Out in Northern Syria, Testing Turkish Truce (W)
Trump Outsmarts Putin With Syria Retreat (B)

Industries & companies
Autos: UAW members approve labor deal to end strike with GM; union selects Ford next (C)
Energy: Tesla releases a new version of Solar Roof tiles, aiming to revitalize its clean energy business (C)
Financials: Exclusive: Wells Fargo lays off more than 200 business bankers in U.S. – sources (R)
Tech: Microsoft snags hotly contested $10 billion defense contract, beating out Amazon (C)
Utilities: PG&E Reels After Wildfire Breaks Out, Unsettling Investors (W)

Technology
The Drones Are Coming! Uber, Amazon, Alphabet Take Flight (W)
They Know What You Watched Last Night (N)

Offbeat
PG&E Warns of Biggest Blackout Ever as Windstorm Approaches (B)