wiar 01-21-20

MFwebsite2020researchWhat I Am Reading

January 21 (Tuesday)

Markets
How the Dow Could Hit 30,000 Five Years Ahead of Schedule BR
Stocks appear detached from reality, rallying for two things that may not happen C
Wealthy investors see nothing that will stop this relentless bull market C
A theory on who’s doing all the buying that’s pushing stocks higher and higher C
‘Where do we put our money?’ is biggest issue for the Davos crowd, top fund manager says C
Europe’s Cheap Debt Draws Record Borrowing by U.S. Companies W

Global
IMF Predicts Global Economy Will Rebound in 2020 W

US
Home ownership is the West’s biggest economic-policy mistake E

US politics I
Trump urges Senate to reject impeachment as affront to US Constitution C
Trump’s China Deal Is His Hedge Against Impeachment Damage B
In impeachment document, Democrats say Trump endangers security, Trump denies R
Impeachment Vote Will Test Senate’s Most Endangered Democrat W
How Trump Has Kept Solid GOP Support Through Impeachment W

US politics II
The 2020 Democratic field is outraising Trump by a huge margin — that didn’t happen to Obama or Bush C
Dershowitz Says Voters Should Judge President Trump’s Conduct B
Biden Says Video Released by Sanders Campaign Is ‘a Lie’ B
Trump Administration to Soon Issue Guidance on Medicaid Block Grants W
Pharma and Biotech Aren’t Worried About Democratic Candidates’ Attacks Against Drugmakers BR

Geopolitics & trade
China Trade Deal Looks Like a ‘Modest Positive.’ But Large Uncertainties Remain. BR
The Great U.S.-China Tech Divide W
Hong Kong Leaders Rebuff Protest Demand as Violence Persists B
Iran aims to examine downed plane’s black boxes, no plan yet to send them abroad R

Industries & companies
Aerospace: Boeing is in talks to borrow $10 billion or more as 737 Max crisis wears on C
Autos: Tesla blasts customer complaints of sudden unintended acceleration as ‘completely false’ C
Autos: The Investor Clash Behind Tesla’s Surge Toward $100 Billion in Market Value W
FAANGs: Cash, Plastic or Hand? Amazon Envisions Paying With a Wave W
Media: Disney Stock Looks Attractive for the Next 10 Years, Bill Priest Says BR
Media: ‘Bad Boys For Life’ breaks January box office record, ‘Dolittle’ meets expectations C

Corporate finance
‘Blank-Check’ Companies Are Hot on Wall Street. Investors Can’t Ignore Them. BR

Offbeat
China confirms coronavirus can pass person-to-person; WHO calls emergency meeting C
China Unveils Plan to Reduce Single-Use Plastic by 2025 B
An intensifying climate crisis threatens more than half of the world’s GDP, research claims C
Some Strategists Say Get Ready for ‘Peak Decade’ B
SpaceX capsule splashes down off Florida after rocket failure test R

YRI
Daily Markets Overview