Your Daily Dose of Financial News

Demolition of an old house

After a pretty dismal 2017 on the IPO front, recent successful offerings by Dropbox and Spotify are ushering in a pent-up wave of tech IPOs – NYTimes

The SEC has opened a probe into Guggenheim Partners’ asset-management arm over an $85-million real-estate transaction and a series of other deals involving ABS Capital—including a loan to BCBG Max Azria just months before the fashion company’s collapse – WSJ

Some deeper analysis of the Fed’s march meeting minutes show some concerns that the central bank has about the prospect of the US heading into a global trade warNYTimes and Marketplace

It also showed that the Fed’s deflation fears are now all but officially gone – WSJ

So, you’ve been enjoying the return of volatility in the markets of late? Good news. It’s spreading – Bloomberg

The Journal takes a look at Elon Musk’s “strategy out of defiance”—a “from the hip” style that has worked for Musk so far but has some wondering how it well it will fly as Tesla and other Musk ventures grow in size and age – WSJ

Dealbook’s resident contrarians (the “Another View” feature) give us some reasons to feel a bit rosy about the future of retail, despite a spate of high-profile bankruptcies in recent weeks – NYTimes [and Bloomberg]

We’ll be keeping an eye on High Court arguments this week in South Dakota v. Wayfair Inc., a case challenging the 26-year-old precedent prohibiting states from requiring retailers to collect sales taxes unless the companies have a physical presence in the state. The Court’s decision could have a big impact on e-commerce giants like Amazon (and the small & medium companies that sell on their platforms) – WSJ

Take a listen to Bloomberg’s Odd Lots podcast for the intriguing (if unexpected) connection between 40s-era Florida orange groves and regulating ICOs right here in 2018 – Bloomberg

Last Friday, the U.S. House passed a bill aimed at overhauling the Dodd-Frank’s Volcker Rule by, among other things, “consolidating rulemaking under the Federal Reserve and exempting banks with less than $10 billion in assets from compliance” – Law360

Meanwhile, AIG’s ex-CEO Hank Greenberg is waging his own war on NY’s Martin Act and has teamed with the US Chamber of Commerce to do so – NYTimes

Fine.  I’ll say it. Uncle – MPR  [And get me to Beychella instead, please – Vulture]