Archive for March, 2016

3 March 2016

Wednesday, March 2nd, 2016



Today’s Issue Cluster: Oil

World – Top of Art Market In Trouble but Middle Market Growing
Insurance – Google a potential rival: report
E-Cigs – US bans use on airline flights


MAJOR DATA POINTS

China – Feb: Caixin services PMI drops; 51.2 from 52.4 / WSJ

EZ – Feb: Markit Composite PMI at 13-month low; 53.0 from 53.6 / m

Brazil – Q4: Slumps to worst recession in decades; -1.4% from -1.7% / FT / AFP / FT *

US – Jan: Factory orders rebounded; +1.6% from -2.9% / R

US – Feb: ISM services declines; 53.4 from 53.5 / R

US – Q4: Productivity revised to show a less steep decline; -2.2% was -3.0% / R / WSJ

US – Week: Jobless Claims Rise Slightly; +6k to 278k / WSJ / R / AP


MARKETS



ECONOMICS

World – Is The Top of the Art Market In Trouble? B

World – Middle of art market growing B


POLITICS & FISCAL POLICY



MONETARY POLICY



FINANCE

Insurance – US industry shaken by rock-bottom rates FT *

Insurance – Google a potential rival: report R


REAL ESTATE



LABOR & EDUCATION



SERVICES

E-Cigs – Sales Rapidly Lose Steam WSJ *

E-Cigs – US bans use on airline flights AP

E-Cigs – Make quitting harder, contested study claims rn

E-Cigs – Vaping may lead teens to tobacco AFP

E-Cigs – Ads’ wide reach among US youth alarming: CDC R / AP

E-Cigs – BAT to launch iFuse hybrid FT

E-Cigs – Tobacco companies lukewarm FT

E-Cigs – ‘Un-Islamic’ vaping catches fire in Malaysia AFP


MANUFACTURING



TECH



TRADE & TRANSPORTATION

Ship – Tankers Wait to Unload Cargo in Another Sign of Glut WSJ

Rail – The New Oil Storage Space: Railcars WSJ *


COMMODITIES



ENERGY & ENVIRONMENT

Oil – ‘Critical Mass’ of Producing Countries Agree to Freeze WSJ / AP

Oil – Hedge Funds Turn Bullish WSJ *

Oil – US Shale Producers Cut Back Production WSJ *

Oil – US Shale Drillers are Finally Buckling B * *

Oil – Drillers in the US Ready to Party Like It’s 1859 B *

Oil – ‘US shale firms see output falling, but is it enough?’ r *

Oil – US shale: above $40, we are coming back R

Oil – Big Banks Slash Price Forecasts WSJ *

Oil – Stockpile surplus of 1b barrels will persist B *

Oil – The Big New Threat to Prices: A Glut of Gasoline WSJ *

Oil – Record-High Propane Shipments Leading US Energy Export Boom B *

Oil – Industry tormented by latest price slump FT *

Oil – Crash takes heavy toll on midstream energy companies FT *

Oil – Sector aims for profits at $50 crude FT *

Oil – Beyond the Bloodbath WSJ *

Oil – Gasoline’s unseasonable tumble roils US economic data B *

Oil – Saudi Arabia seeks US investment FT

Oil – China Said to Pitch HK Listing for Aramco IPO B *


HEALTH



ENDNOTE

And The Oscar Comes From ga*


2 March 2016

Tuesday, March 1st, 2016



Today’s Issue Cluster: Autos

Bonds – Global yields slump to new low
Hotels – Airbnb Faces Major Threat in Japan
AVs – Bus trial in Netherlands is first on public roads


MAJOR DATA POINTS

Australia – Q4: GDP growth rises; +3.0% from +2.7% / FT / AFP

Canada – Q4: Economic growth slows; +0.8% from +2.4% / AFP

US – Feb: ADP Says Companies Added Workers; +214k from +193k / B / R


MARKETS

Bonds – Investors Turn Finicky on Corporate Debt WSJ *

Bonds – Investors seek long-term debt as yields drop FT *

Bonds – Global yields slump to new low R *


ECONOMICS



POLITICS & FISCAL POLICY



MONETARY POLICY



FINANCE



REAL ESTATE



LABOR & EDUCATION



SERVICES

Hotels – Industry braced for demand crunch FT *

Hotels – Airbnb Faces Major Threat in Japan B *


MANUFACTURING

Autos – US: Sales Surged in February WSJ / FT / NYT * *

Autos – US: Best February Since 2000 Aided by Cheap Gas B *

Autos – SUVs: US Car Dealers Plea: More Trucks, Fewer Cars WSJ *

Autos – SUVs: Grab the Industry Spotlight WSJ

Autos – SUVs: Fiat Looks to Lift Maserati Sales WSJ *

Autos – SUVs: India Car Makers Roll Out Micro Versions WSJ *

Autos – Japan: Consolidation Arrives B *

Autos – Mexico: Ford to More Than Double Capacity in 2018 WSJ

Autos – Diesel: Sales Tumble in US WSJ

Autos – Electric: What the Combination With Software May Yield WSJ *

Autos – Electric: Starting to show exponential growth / t *

Autos – Tesla: Q4 Loss Nearly Triples WSJ / FT / WSJ *

Autos – GM: Sharks hunt for innovations an

Autos – Toyota: Plans Organizational Shake-Up WSJ *

Autos – Honda: Revives Pickup to Lessen Reliance on Cars in US WSJ *

Autos – Suzuki: Makes Pricier Play in India, Its Biggest Market WSJ *


TECH



TRADE & TRANSPORTATION

AVs – Google Self-Driving Car Hits Bus WSJ / R / FT

AVs – Struggle in the Snow B

AVs – Google Car Exposes Regulatory Divide NYT / R / FT / WSJ AP / R

AVs – Bus trial in Netherlands is first on public roads G / R *

AVs – Japan Road Tests to Keep Aging Motorists Mobile WSJ

AVs – ‘May Get Here Before We’re Ready’ NYT

AVs – Driverless Cars’ Limits Include Human Nature NYT


COMMODITIES

Olive Oil – Italy Moves to Toughen Penalties for Fraud NYT

Olive Oil – Europe feels pain from crisis FT *


ENERGY & ENVIRONMENT



HEALTH



ENDNOTE

London most expensive city to live and work Ind *