wiar 11-30-19

MFwebsite2020researchWhat I Am Reading

November 30 (Saturday)

Markets & investing
Wall Street’s 2020 Prediction: The Stock Market Will Have a So-So Year W
Stocks fall to end November, but post biggest monthly gains since June C
Warren Buffett is sitting on $128 billion, raising questions about whether the market is overvalued C
Warren Buffett’s latest attempt to put his cash to work is thwarted C

Energy
U.S. Posts First Month in 70 Years as a Net Petroleum Exporter B
Oil Slides as Oversupply Fears Resurface W
Republican Fervor Ebbs for Offshore Drilling W

Central banks
Powell Says Fed’s Rate Cuts Reflect More Bearish View of Economy W

US
Shoppers ring up record Thanksgiving sales online. Black Friday’s tally to exceed $7 billion, Adobe says C
Shoppers might not be flocking to stores on Black Friday. But they’re still spending C
U.S. Consumer Spending Rose 0.3% in October W
The Richest U.S. Counties Are Getting Even Richer B

Europe
Daimler to ax at least 10,000 jobs in latest car industry cuts R
Block Friday: French activists try to disrupt discount shopping day R

China
China Financial Warning Signs Are Flashing Almost Everywhere B
Exclusive: U.S. weighs new regulations to further restrict Huawei suppliers – sources R

US politics
Judiciary Committee gives Trump deadline to call witnesses, present evidence in impeachment hearings C
Bloomberg has too many negatives to win the Democratic nomination, Barney Frank says C

Geopolitics & trade
Trump is expected to discuss China, Russia challenges with NATO leaders next week C
China threatens to take ‘strong counter-measures’ against US after Hong Kong bill signings C
The Big Question on Hong Kong: How Will China Hit Back at Trump? B
Canada PM: a ‘little more work’ is needed on USMCA trade deal R
After Trump’s Afghan visit, Taliban say they are ready to resume peace talks R

Global unrest
Iraq PM says he will quit after cleric’s call but violence rages on R
Why Iraqis Are Taking Aim at Their Leaders and Iran’s B
Students stage global strikes to pressure U.N. climate summit R

Industries & companies
Retail: Many retailers continue to lose against Amazon. But not Target and Best Buy, analyst says C
Retail: The direct-to-consumer strategy is making a run at Amazon’s throne C

Offbeat
Tourists Ruined Venice. Now Floods Are Making It Uninhabitable B

YRI
Daily Markets Overview