wiar 01-23-20

MFwebsite2020researchWhat I Am Reading

January 23 (Thursday)

Markets
Stocks close little changed, IBM leads tech shares higher C
Tech sector pushes the S&P 500 to slight gain R
Investors Rattled by Coronavirus Look to Past Epidemics W
European High-Yield Bond Rally May Be Over-Hyped W

US
U.S. home sales surge to near two-year high; supply at record low R
U.S. Existing-Home Sales Wrapped Up 2019 on Solid Note W

Europe
Italy’s 5 Star Leader Resigns as Support SinksW

China
China’s Wuhan shuts down transport as global alarm mounts over virus spread C
WHO postpones decision on declaring China coronavirus a global health emergency C
China’s Trying to Break Its Addiction to Corporate Bank Loans B

US politics
Democrats Make Case for Removing Trump From Office W
Schiff Draws Dark Portrait of Trump in Impeachment Trial Opening B

Geopolitics & trade
China’s Finance World Opens Up to Foreigners, Sort Of B
After China trade deal, Europe and U.K. next on Trump’s to-do list R
Europe Girds for Trade Battle W
Soleimani killing adds dangerous new dimension to Iraq unrest R

Industries & companies
Aerospace: Boeing wants to resume 737 Max production months before the planes return to service C
Autos: Tesla short sellers could help Elon Musk score a payday worth hundreds of millions C
Autos: Germany’s Luxury Car Makers Lose their Shine W
Financials: U.S. regulators closing in on additional ‘Volcker Rule’ easing R
Financials: Opinion: Big banks’ businesses are improving, putting their stocks in a sweet spotMW
Media: CBS Bets Big on ‘Star Trek: Picard’ to Boost Streaming W
Pharma: Johnson & Johnson’s Profit, Sales RiseW

Technology
IBM Earnings Hint at Signs of Turnaround W

Offbeat
Davos Has a Credibility Problem N
Two UN Sleuths Linked Saudi Crown Prince to Bezos Phone Hack B
Congress to Weigh Surveillance Laws in Wake of Watchdog Report on FBI W
ByteDance Is Seeking a New CEO for Its TikTok Business B

YRI
Daily Markets Overview