wiar 11-26-19

MFwebsite2020researchWhat I Am Reading

November 26 (Tuesday)

Markets & investing
S&P 500, Nasdaq hit new highs as chips rally on trade optimism R
Stocks Are Finally Diverging After Trading in Tandem W
Goldman says political gridlock to propel stocks in 2020: ‘United we fall, divided we rise’ C
Bitcoin sinks to lowest level since May, falling $3,000 in a month as China accelerates crackdown C

Central banks
Fed economists warn of ‘economic ruin’ if Modern Monetary Theory policies are ever adopted C
ECB has made government borrowing 1 percentage point cheaper: Lane R

US
A Booming Corner of Private Credit Has Some Investors on Edge B

Europe
European Companies Hunt for Growth With $53 Billion Acquisition Spree B
Britain is a dangerous mess, former PM Blair says R
Socialist Group Works to Pull U.K. Labour Party Leftward W

China
Landslide democratic win puts pressure on leader of Chinese-ruled Hong Kong R
Going whole hog: U.S. tells exporters to report pig carcass sales as China buying soars R

US politics
On Trump impeachment, divisions between urban and rural Democrats R

Geopolitics & trade
China and U.S. moving closer to trade deal, but no agreement on tariff rollbacks: report R
Iran stages pro-government rallies after days of violent unrest R
Special Report: ‘Time to take out our swords’ – Inside Iran’s plot to attack Saudi Arabia R
Saudi Arabia Arrests More Opponents Despite Sensitivity Amid IPO Push W

Industries & companies
Auto: Elon Musk says Tesla has received 200,000 orders for its Cybertruck despite botched debut C
Financials: Charles Schwab to buy TD Ameritrade in a $26 billion all-stock deal C
Pharma: Teva, Drugmakers in Talks With U.S. to End Generics Probes B

Corporate finance
EBay to sell ticketing unit StubHub for $4.05 billion R
LVMH Bets It Can Restore Tiffany’s Shine With $16 Billion Deal W

Offbeat
‘China is the enemy’ on trade, not Trump — Cramer blasts media over love of Chinese leader Xi C
Israeli attorney-general declines to recommend Netanyahu step aside R
Trump Meets Conan, Military Dog Wounded in al-Baghdadi Raid B

YRI
Daily Markets Overview