Today’s Issue Cluster: US Labor
Tesla – Forecast Changes the Trajectory of an Entire Industry
Tesla – Oil Isn’t the Only Threatened Commodity
Oil – Opec Leaves Us Exposed to Shock
China – Apr: Exports and imports fall; -1.8%, -10.9% / FT / B *
Germany – Mar: Foreign demand boosts factory orders; +1.9% from -0.8% / AFP *
Currencies – Bet On the Aussie Buck Bn *
Currencies – NK Can’t Stamp Out Its Unofficial Economy B *
SK – China awash with Korean Wave fever FT * *
Fed – Jobs Report Makes June Less Likely WSJ / WSJ
Fed – Trump Says He Would Replace Yellen WSJ / FT
Fed – Lack of conviction reflects negative mood FT *
US – Early Warning Signs of Recession Flash Faintly in Jobs Data B *
US – Labor-force participation is rising again, at last E *
US – Anemic Wage Growth Restraining Economy WSJ
US – Faces big labor shortage, says business group FT *
US – Can Quick-Service Franchises Digest $15 Minimum Wage? IBD
US – Push for $15 Raises Pay—And Tensions WSJ *
US – Full-Time Hires Buck the Trend at Fast-Food, Retail Chains WSJ *
US – As Oil Rigs Shut Down, Job Pain Spreads Across Cities WSJ
US – Laid-Off Oil Workers Struggle to Pay Loans WSJ *
US – State Laws Against Mandatory Union Fees Are Growing B *
US – Rare Good News on the Retirement Front B *
Tesla – Forecast Changes the Trajectory of an Entire Industry B * *
Tesla – Inside the Gigafactory That Will Decide Company’s Fate B *
Tesla – Oil Isn’t the Only Threatened Commodity B *
Tesla – Shakes Up Market for Lithium, Other Metals WSJ *
Oil – Opec Leaves Us Exposed to Shock b *
Oil – Canada’s wildfires could blaze for months FT / R / WSJ / G&M *
Oil – New Saudi era ignites old questions FT / WSJ / B *
Oil – China Imports Rise as Teapot Refinery Demand Overwhelms Port B *
Oil – Discoveries slump to 60-year low FT
Oil – Billionaire’s Bargain Reveals Risks for Creditors B *
Oil – Large-Company Bankruptcies at Highest Level Since 2009 / b *
Oil – Drillers dig for the bottom for rig counts R / npr *
Oil – Rally May Boost Allure of Drilled-But-Uncompleted Wells B *
“Obviously not a bubble” twitter *
