wiar 10-31-19

MFwebsite2020researchWhat I Am Reading

October 31 (Thursday)

Markets
S&P 500 Closes at Fresh High After Rate Cut (W)
A ‘growing club’ of ‘very powerful countries’ is steering away from using the dollar (C)

Central banks
Fed cuts interest rates, but indicates a pause is ahead (C)
Powell aces tricky Fed transition to ending interest rate cuts, doing ’100% the right things’ (C)
Powell Signals Fed Policy on Hold as Economy Eyes Soft Landing (B)
Parsing the Fed: How the October Statement Changed From September (W)
Negative Interest Rate Skepticism Grows at the European Central Bank (B)

US
U.S. Growth Settles in at Low Gear in Third Quarter (W)
Consumers support U.S. economy as business spending slumps (R)
U.S. SEC considers relaxing post-crisis structured mortgage product rules (R)

Europe
Boris Johnson Stakes Brexit—and His Premiership—on an Election (W)
Consumer Confidence Slumps to Six-Year Low as Britons Fret About Finances (B)

China
Less Savings, More Debt: How Chinese Manage Money American-Style, in 17 Charts (W)

US politics
Trump impeachment inquiry hears more evidence of outside efforts to influence Ukraine policy (R)
U.S. handling of tariffs raises appearance of ‘improper influence’: watchdog (R)

Geopolitics & trade
Chile’s APEC cancellation raises new hurdle for U.S.-China trade deal (R)
How Long Will It Take Hong Kong to Bounce Back From Recession? (B)

Industries & companies
FAANGs: Apple tunes out trade war as new AirPods, services lift holiday outlook (R)
FAANGs: Apple is laying the groundwork for an iPhone subscription (C)
FAANGs: Mark Zuckerberg is adamant that Instagram should not be broken off from Facebook (C)
Tech: Twitter to ban political ads in apparent swipe at Facebook (R)

Corporate finance
Fiat Chrysler and Peugeot Owner PSA Agree to Merge (W)

Technology
Why 5G Is Fast But Spotty in the U.S. (W)

Offbeat
‘Ebola Is Now a Disease We Can Treat.’ How a Cure Emerged From a War Zone. (W)