wiar 12-06-19

MFwebsite2020researchWhat I Am Reading

December 06 (Friday)

Markets
Wall Street inches higher as Dec. 15 tariff deadline looms R
OPEC meeting drags on with market expecting deep production cut C

US
Gazing into the recession crystal ball R
The $3.7 Trillion Corporate Debt Question W
The U.S. Furniture Industry Is Back—but There Aren’t Enough Workers W
Low Interest Rates Leave Retired Investors With Tough Choices W

Europe
France Grinds to a Halt as Massive Strike Begins W

Emerging
India’s Economy Is Sputtering. But Its Stock Market Powers Ahead B

US politics
Pelosi Says House Will Draft Trump Impeachment Articles B
Biden finally finds social media buzz with viral Trump video, voter spat R
Lawmakers Expand List of Issues to Resolve as Spending Deadline Nears W
Trump’s Tax Cuts Reduce U.S. Burden to One of Lowest in the World W

Geopolitics & trade I
U.S. Trade With China Extends Decline as Tariff Talks Drag On B
American Firms Import Fewer Chinese Goods W
Chinese Investment in U.S. Commercial Real Estate Is Plunging B
US and China disagree on the size of agriculture purchases, report says C

Geopolitics & trade II
China Says U.S. Trade Talks Remain on Track W
Trump upbeat on U.S.-China talks as Beijing underscores tariff-cut demands R
Huawei Unveils Latest Legal Challenge Against the U.S. W
Pentagon Official Says More Troops Might Be Sent to Mideast W

Industries & companies
Airlines: United Airlines CEO to Step Down W
Autos: GM, LG to Spend $2.3 Billion on Electric-Car Battery Venture W
FAANGs: How Amazon Dodges Responsibility for Unsafe Products: The Case of the Hoverboard W
Financials: MetLife Expands into Fast-Growing Sector: Pet Insurance W
Pharma: Sage Therapeutics Shares Plummet on Depression-Treatment Study Results W

Corporate finance
Saudi Aramco Raises $25.6 Billion in World’s Biggest IPO B
Digital bank Chime quadruples valuation in less than a year to $5.8 billion as it takes on megabanks  C
SoftBank Vision Fund 2 has held talks to invest $150 million in home health-care start-up Honor, sources say C

Offbeat
Shh! Companies Are Fixing Accounting Errors…Quietly W

YRI
Daily Markets Overview