wiar 12-11-19

MFwebsite2020researchWhat I Am Reading

December 11 (Wednesday)

Markets
Stocks Pare Losses on U.S.-Mexico-Canada Trade Pact W
Trade, Growth Uncertainties Weigh on Outlook for Materials Stocks W
China’s Yuan Punches Below Its Weight W
A Massive Loan Trade Highlights Rifts in Junk-Debt Markets W

Central banks
How Fed Chairman Forged Rate-Cut Consensus W
The Twittersphere may be shaping the Federal Reserve’s thinking more than we know C
Underpriced Repo Risks May Push Fed Toward QE4, Pozsar Says B

Europe
Worried, Scared and Paralyzed: Lives Caught in Brexit Limbo N

China
China’s Consumer Inflation Skyrockets, Boosted by Pricey Pork W

US politics
House Democrats announce articles of impeachment against Trump: Abuse of power, obstruction of Congress C
Democrats Plan to Impeach Trump for Abuse of Power, Obstruction B
Attorney General William Barr says FBI may have acted in ‘bad faith’ in Trump-Russia probe C
Attorney General Barr Calls FBI’s Trump Probe ‘Travesty’ W

Geopolitics & trade
U.S. and Chinese Negotiators Planning for Delay of Tariffs W
Larry Kudlow says December tariffs are ‘still on the table’ C
House Democrats and the White House have a deal to move forward with USMCA trade agreement C

Industries & companies
Aerospace: Boeing reports 30 new orders for the troubled 737 Max in November C
Biotech: Investors fear Pelosi’s drug price plan will kill small biotech firms C
FAANGs: Facebook Tells Barr It Won’t Open Up Encrypted Messages N
Tech: Big Tech’s Critics, Flush With Cash, Try to Build a Movement N

Corporate finance
Saudi Aramco Sounds Out Investors on Asia IPO W
New York Life in Talks to Buy Cigna’s Nonhealth Benefits Unit W
McAfee Considers Making Bid for Rival NortonLifeLock W

Offbeat
Exxon Found Not Guilty of Fraud in Climate-Change Accounting Case W
Inspector General Report Renews Scrutiny of FBI Surveillance Practices W
Oracle will move its annual OpenWorld conference to Las Vegas because San Francisco is too expensive C

YRI
Daily Markets Overview