Financial Review

Feb 14, 2019 Links

Feb 14, 2019 Links

What we are reading today:

U.S. Congress poised to vote on border measure without Trump wall – Reuters. It should be a done deal, maybe.

Retail sales sink 1.2% in December in the worst plunge in nine years – Marketwatch. Is this an indication the economy is slowing?

Fed Gov. Brainard sees ‘downside risks’ increasing, says balance sheet runoff should end this year – CNBC. Concerns about downside risk means the Fed takes a time out on rate hikes.

U.S. producer prices drop for second straight month – Reuters. Yesterday, the CPI was flat.

Paul Manafort’s day in court spells trouble for Trump – Washington Post. Pardon watch.

McCabe Says Justice Officials Discussed Recruiting Cabinet Members to Push Trump Out of Office – New York Times. What freaked them out?

Introducing ‘JPM Coin’: JPMorgan will be the first major US bank to launch its own cryptocurrency – Business Insider. Low expectations.

End of the superjumbo: Airbus is giving up on the A380 – CNN Money.

Amazon says it will not build a headquarters in New York after mounting opposition – CNBC.

The logic behind Apple’s give-us-half-your-revenue pitch to news publishers – Recode. Half of a big number or 100% of nothing.

Democrats go after political ‘dark money’ with anti-corruption measure – The Guardian.

In the year after Parkland, there was nearly one mass shooting a day – Vox.

February’s Full Snow Moon will be largest supermoon of the year – WTHR. How romantic. Happy Valentine’s Day

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