wiar 9-18-17

MFwebsite2020researchWhat I Am Reading

Sep 18 (Monday) Markets Wall Street’s Real Earnings Surprises (BR) Political Misfires Mean Good News for Munis (BR) Central banks The Fed prepares for its balance-sheet—and its board—to shrink (E) What if Real People Ran the Fed? (BR) World’s Central Banks Can’t Ignore the Bitcoin Boom, BIS Says (B) Europe Five Star Movement: the unanswered questions (FT) Japan Japanese Prime Minister Abe May Call Snap General Election, NHK Reports (B) Emerging Ever more Indians are struggling to find work (E) US politics House, Senate Tax Proposals Likely to Diverge (W) Geopolitics U.S.: North Korea Must Give Up Nuclear Weapons (W) North Korea Is a ‘Global Problem,’ U.S. Says (W) Tillerson Vows ‘Peaceful Pressure Campaign’ Against North Korea (B) Trump Rejection of Chinese Deal Puts U.S. Policy in Focus (W) U.S. Seeks to Avoid Quitting Paris Deal, Top Officials Say (W) Industries & companies Financials: Low ETF Fees: Good for Investors, Bad for Business (BR) Financials: How Bank of America Ditched 1,597 Branches Across the U.S. (W) Offbeat Closing in on cancer (E) The Changing Landscape for Independent Advisors (BR) Hurricane Jose Aims for U.S. Northeast as Maria Strengthens (B)

wiar 9-16-17

MFwebsite2020researchWhat I Am Reading

Sep 16 (Saturday) Markets Stocks Brush Off North Korea’s New Missile Launch (W) U.S. Stocks Reach Another Milestone With S&P 500 Rising Past 2,500 (B) Central banks Money Is Still Flowing Through China’s Economy (B) Did QE lead banks to relax their lending standards? [yes] (FRB) US U.S. Retail Sales Fall After Weaker Results in Prior Months (B) Where Have All the Workers Gone? [drugs] (Brookings) No wonder so many American men feel like they’re falling behind. They earn as much as they did in 1972. (WP) New Data Shows Retirees Are on the Move, But Young Folks Are a Different Story (W) As U.S. marriage rate hovers at 50%, education gap in marital status widens (Pew) Europe Eurozone Wage Growth Hits Two-Year High (W) EU Seeks a Digital Tax to Stem the ‘Bags of Money’ Lost to Loopholes (B) US politics The strange case of Trump and infrastructure (FT) Tech Industry Faces Increased Scrutiny From Washington (W) California Poised to Become ‘Sanctuary State’ (W) Geopolitics North Korea fires another missile, less than 2 weeks after nuclear bomb test (BI) China Points Its Korea Rage South, Not North (W) On Trump’s Agenda at UN: North Korea, Iran and Other ‘Grave Dangers’ (B) Russia is about to kick off a war game that is freaking out NATO (BI) Terrorism Bomb exploded on the London Underground and injured 22 people (BI) Industries & companies Biotech: Biotech’s Cancer-Vaccine Insanity (B) Cruises: Carnival falls on hazy outlook for big cruise markets (FT) FANGs: Everything we know about Google’s upcoming smartphone, the Pixel 2 (BI) FANGs: Facebook to Open New Artificial Intelligence Lab in Montreal (B) FANGs: For Amazon, Can Two Headquarters Still Equal One Culture? (W) FANGs: New York City Wants Amazon’s New Headquarters (B) FANGS: Netflix’s Sarandos Aims to Build the Next Great Hollywood Studio (B) Health Care: Anthem Expands Obamacare Options in Virginia to Fill Gaps (B) Tech: Oracle’s profit, cloud growth forecasts drag down shares (R) Corporate finance Alphabet is reportedly considering investing $1 billion in Lyft (BI) Microsoft in vanguard as cash piles blur lines with Wall St (FT) Down $20 Billion, Boeing Stuffs Pension Fund With Its Own Shares (B) Technology 12 jobs robots are already taking over (BI) Technology and innovation in the insurance sector[: “Insurtech”] (OECD) Offbeat The 27 scariest moments of the financial crisis (BI) Morgan Stanley is using Snapchat to recruit the next generation of bankers (BI) Cassini Signs Off, Plunges in Flames Into Saturn (W)

wiar 9-15-17

MFwebsite2020researchWhat I Am Reading

Sep 15 (Friday) Markets Welcome to the ‘Seinfeld market’ — a bull market about nothing (C) Obama-Trump bull market is now up 268% (NN) Inflation’s Low. That’s Not Enough To Justify Expensive Stock Markets (W) ‘Davos for ETFs’ to convene in San Sebastián (FT) Central banks Fed to take historic leap into the unknown (MW) US inflation at seven-month high before Fed meeting (FT) BOE Signals Rate Rise as Banks Edge Away From Easy Money (W) US August Consumer Prices Rose 0.4% (W) One Reason to Discount U.S. Inflation Bounce: Hurricane Harvey (B) The Life of a Contract Worker Is a Grind of Snubs, Anxiety and Stagnation (W) Shortage of Insurance Adjusters Could Stall Florida’s Recovery (W) Emerging Why is China suddenly issuing $2 billion of dollar debt? (MW) Saudi Arabia Clamps Down as Prince Consolidates Power (W) US politics Trump Makes Deal Priority Over Party (W) GOP to Release Tax Overhaul as Trump Says Rich Won’t Benefit (W) What Trump Has Said About Taxing the Wealthy (W) Orrin Hatch says corporate-tax rate could go as low as 20%, favors retroactive cuts (MW) Bernie Sanders Is Changing the Democratic Party (B) Geopolitics North Korea Threatens to Use Nuclear Weapon to ‘Sink’ Japan (B) North Korea conflict could cripple these oil and chemical facilities (C) YouTube Pulls North Korean Videos (W) Tillerson Says Iran ‘Clearly in Default’ of Nuclear Deal’s Terms (B) U.S. Expected to Renew Waiver of Sanctions on Iran (W) Cybersecurity Equifax Blames Data Breach on Exploited Server Software (W) Thank You for Calling Equifax. Your Business Isn’t Important to Us (B) Industries & companies FANGs: Amazon Sees Snack Sales Surge as Part of Its Grocery Push (B) FANGs: Kroger Won’t Beat Amazon With a Restaurant (B) FANGs: Google set to change free access to news sites (FT) Financials: Big Banks Are Still Bullish on Big Banks (B) Financials: Fannie, Freddie Shares Jump on Hopes Companies Can Build Capital (B) Financials: Munich Re warning on hurricanes set to be first of many (FT) Tech: Oracle Delivers Revenue and Profit Increases (W) Tech: Don’t Expect Your Carrier to Help Pay for Your $1,000 iPhone (W) Corporate finance Amazon’s Grocery Threat Could Ramp Up Food M&A (B) Nestlé buys US hipster coffee business Blue Bottle (FT) Dole Food Exploring a Sale (W) United Tech-Rockwell Deal Faces Potential Antitrust Obstacle (W) SoftBank Wants Big Chunk of Uber, But at Steep Discount (W) Technology Tesla’s electric semi truck is a ‘beast,’ Elon Musk says (MW) Bitcoin Coincidence or Not? North Korea, China and the Bitcoin Bears (B) Bitcoin Crashes After Chinese Exchange Says It Will Halt Trading (B) Who Needs Venture Capitalists When You Have Initial Coin Offers? (W) Offbeat Investment consultants move into regulatory spotlight (FT) Why One Cardiologist Has Drunk His Last Diet Soda (W) Truckers Are in No Hurry to Have Their Hours Tracked (W)

wiar 9-14-17

MFwebsite2020researchWhat I Am Reading

Sep 14 (Thursday) Markets Leon Cooperman Says Market Correction Could Start ‘Very Soon’ (B) China Prepares Sale of $2 Billion in U.S.-Dollar Bonds (W) Dollar’s Fall from Grace Fuels Emerging-Markets Boom (W) Return of the stockpicker bolsters hedge fund performance (FT) Central banks Fed’s Bad Options for Addressing Too-Low Inflation (W) Act or Wait? Fed Debate Heats Up After Inflation Misses Target (B) Global Global Corporate Tax Cuts Widen Gap With U.S. (W) US Storms unlikely to knock US economy off growth path (FT) U.S. Producer Prices Rose 0.2% in August (W) Rich Americans Are Changing What It Means to Be Average (B) Europe EU to Champion Free Trade in Wake of ‘America First’ (W) Europe Steps Up Bid to Boost Taxes on Internet Giants (W) Merkel’s Rivals Target Her Russia Policy (W) US politics GOP Finalizes Plans for Tax Overhaul (W) Trump says tax hike on rich possible as he steps up talks with Democrats (R) Paul Ryan vows outlines of tax plan this month (FT) Senate Health Bills Struggle to Convince the White House (W) Bernie Sanders Unveils Single-Payer Health Legislation (W) Geopolitics & terrorism U.S. Orders Federal Agencies to Remove Kaspersky Software Over Security Concerns (W) 45,000 Evacuated Across Russia After Wave of Bomb Threats (B) Cybersecurity Hackers’ Latest Weapon: Cyber Extortion (W) After Equifax: A Hot Time to Freeze Your Credit (W) Industries & companies Airlines: Boeing to Boost Dreamliner Production (W) Retail: Target to Hire 100,000 Holiday Workers (W) Retail: Traditional retailers outperform Amazon this month (FT) Tech: iPhone 8: Apple’s Middle Child (W) Tech: Don’t Laugh. $1,000 iPhones Could Be a Genius Move for Apple (MW) Corporate finance Trump Blocks China-Backed Fund From Buying U.S. Chip Maker (W) Bain Signs Letter of Intent to Buy Toshiba’s Chip Business (W) Tenet Healthcare Exploring Options Including Possible Sale (W) Saudis Prepare for Possible Aramco IPO Delay to 2019 (B) Technology Can Apple Unlock Promise of Facial Recognition? (W) Leaf-Recognition Technology: Agriculture Digs Into Artificial Intelligence (W) IBM’s Rometty Sees AI Changing, Not Eliminating, Future Jobs (B) Offbeat Crews Face Herculean Task Restoring Power in Florida (W)

wiar 9-13-17

MFwebsite2020researchWhat I Am Reading

Sep 13 (Wednesday) Markets Julian Robertson Says FANG Stocks Aren’t Too Rich, the Market Is (B) Does the Weaker Dollar Push Up Commodities Prices? (W) Central banks Janet Yellen and Ivanka Trump Met Over Breakfast as the Fed Race Heated Up (B) US U.S. Household Incomes Rose in 2016 to New Record (W) Hurricanes Irma and Harvey cause Goldman Sachs to slash its outlook for the US economy (BI) Record Level of Job Openings Doesn’t Mean the Labor Market is Tight (W) Move Over, Millennials: Generation Z Enters the Workforce (W) US seeks a fix for its opioid addiction (FT) Europe Italian banks’ bad loans drop as economy rebounds (FT) French Protests Take Aim at Macron’s Labor Reforms (W) Britain Pledges to Lend Military Might to Europe After Brexit (W) China Some Alternative Methods for Tracking Chinese GDP (FRB-SL) Beijing Forces Markets to Cooperate as Party Congress Nears (W) Living in China Takes 3½ Years Off Your Life (W) Emerging President Moon’s tricky mission to tame Korea Inc (FT) US politics Trump Plans Aggressive Road Show to Sell Tax Overhaul (B) Trump Officials Temper Expectation of 15% Corporate Tax Rate (B) Mnuchin: Some Services Companies Won’t Get ‘Pass-Through’ Tax Rate (W) The US government just passed $20 trillion in debt for the first time ever (BI) Hicks Named Permanent White House Communications Director (W) Geopolitics U.S. Threatens China Over North Korea Sanctions (W) US threatens Chinese banks over North Korea (FT) Industries & companies FANGs: Apple’s iPhone X to Cost $999, Include Facial Recognition (W) FANGs: The Future of the IPhone Is Boring (W) FANGs: Amazon’s Rapid Rise Put Online Giant on EU’s Tax Hit List (B) FANGs: Amazon is ramping up its China-based hiring as part of Asian expansion strategy (BI) Financials: J.P. Morgan’s Dimon Says Trading Revenue Likely to Fall (W) Financials: Goldman’s New Obsession: Adding $5 Billion in Revenue (W) Financials: Goldman Sachs sees a $1 billion opportunity in a business aimed at Main Street (BI) Financials: Goldman Sachs has a plan for its misfiring bond business (BI) Pharma: Opioid Painkiller Makers Seek to Dismiss State Lawsuit (W) Retail: Wal-Mart Is Simplifying Its Sprawling U.S. Store Operations (B) Tech: Samsung Note 8 pre-orders outstrip expectations (FT) Technology Robots Are an ETF’s New Best Friend (B) An artificially intelligent baby could unlock the secrets of human nature (BI) Mother Nature A $150 Billion Misfire: How Disaster Models Got Irma Wrong (B) Irma Destroyed 25% of Homes in Florida Keys (W) Houston Rethinks Development After Harvey (W) Hurricane Irma Traumatizes St. Martin (W) Offbeat Jamie Dimon Slams Bitcoin as a ‘Fraud’ (B) There’s a Speeding Mass of Space Junk Orbiting Earth, Smashing Into Things (W)

wiar 9-12-17

MFwebsite2020researchWhat I Am Reading

Sep 12 (Tuesday) Markets U.S. Stocks Climb to Record as Irma Threat Recedes: Markets Wrap (B) Dow Industrials Climb Back Above 22000 as Fears Ease (W) Risk Appetite Returns After Weekend’s Worst-Case Scenarios Are Averted (B) Commodities & currencies Hurricanes Add to Problems for Oil Bulls (W) The Dollar’s Weakness Is a Good-News Story About Global Growth (B) China to Shut Bitcoin Exchanges (W) Bitcoin Diehards Are Undeterred by China (B) US Which Came First, the Opioids or the Despair? (B) The New Corporate Recruitment Pool: Workers in Dead-End Jobs (W) China China Pulls Back on Measures Aimed at Bolstering Currency (W) China Sends One of the West’s Most Critical Materials Soaring (B) US politics Inside the Government Program That Pays to Rebuild Areas Hit by Storms (W) Clinton Says Giving Paid Speeches to Wall Street Firms a Mistake (B) Geopolitics China’s biggest banks ban new North Korean accounts (FT) North Korea: U.S. Will Pay a Price if Tougher Sanctions Are Imposed (W) U.S. Waters Down North Korea Sanctions Draft Before Vote (B) Economic Sanctions Have Limited Reach (W) Industries & companies Autos: Toyota unlikely to launch another diesel car (FT) FANGs: Apple’s iPhone Event: What You Need to Know (W) FANGs: Amazon’s Big HQ2: A Sign of Hubris and Danger (W) FANGS: Google Appeals Record EU Antitrust Fine (W) Financials: Citi warns on sharp fall in Q3 trading revenues (FT) Retail: Whole Foods Deal Boosts Amazon’s Online Grocery Sales, Too (B) Pharma: Teva Appoints New Chief Executive After Months of Speculation (W) Cybersecurity Equifax Customer Complaints Keep Piling Up (W) Equifax Hack Is ‘Exhibit A’ in Case for Regulation, Durbin Says (B) Forget Equifax. Facebook and Google Have the Data That Should Worry You (B) Technology The Future of Home Wi-Fi Is Fast, Expensive and Exotic (W) VW to Build Electric Versions of All 300 Models by 2030 (B) Shell Retail Looks to the Future With Car Charging, Clean Fuels (B) Mother Nature Millions Lack Power in Irma’s Wake (W) Three Reasons Why Irma’s Florida Strike Wasn’t as Bad as Forecast (W) Insurance Stocks Recover as Irma Heads North (W) Reinsurers Will Foot the Irma Bill (W) The Same System Delivering Nice Weather Is Keeping Hurricane Jose at Bay (B)

wiar 9-11-17

MFwebsite2020researchWhat I Am Reading

Sep 11 (Monday) Markets Even Hurricanes Can’t Kill Off This Rally (BR) Why the Market Needs a 20% Drop (BR) Active Managers Are Getting to Work (BR) Five Solid Payout Plays (BR) Oil The Plastic Fantasy That’s Propping Up the Oil Market (B) Central banks The Trouble With the Fed’s Inflation Target (BR) China China Is Striving to Contain Its Once-Diving, Now-Thriving Yuan (W) Short Sellers Take Fight Against Chinese Companies to the Big Screen (W) China’s Global Buying Spree Hits Hurdles (W) US politics Nestled in House Spending Bill: Campaign Finance Deregulation (W) Clinton Says She Is ‘Done With Being a Candidate’ (B) Clinton Says Election Loss Still ‘Very Painful’ (W) Geopolitics China and U.S. Both Think the Other Can Solve North Korea Crisis (B) Japan Backs U.S. Proposal to Target North Korea’s Oil Supplies (B) North Korea’s nuclear test has left the South wanting nukes too (E) Industries & companies FANGs: Why Amazon’s Growth Ambitions Don’t Fit in Seattle (W) Media: A Smart Strategy for Cable and Telecom Investors (BR) Media: After a Slow Box-Office Summer, ‘It’ Shatters Records (W) Media: An MTV Reboot Won’t Make Viacom Cool Again (BR) Pharma: Lilly Breast Cancer Drug Results May Challenge Pfizer Pill (B) Retail: Nordstrom Tries On a New Look: Stores Without Merchandise (W) Retail: How Kirkland Signature Became One of Costco’s Biggest Success Stories (W) Retail: Thinking of Buying Nike Shares? Just Don’t (BR) Tech: Why You Might Spend $1,000 on a Smartphone (W) Tech: Apple’s Trillion Dollar iPhone (W) Tech: Apple’s Top New Phone to Be Called ‘iPhone X,’ Code Leaks Show (B) Cybersecuirty Equifax Hack Leaves Consumers, Firms Scrambling (W) Technology Ever better and cheaper, face-recognition technology is spreading (E) Uncle Sam Wants You … to Fight Alongside a Killer Robot (B) China’s Fossil Fuel Deadline Shifts Focus to Electric Car Race (B) Offbeat Hurricane Irma Makes Florida Landfall (B) Uber Gives Free Rides to Shelters in Hurricane Irma’s Path (B)

wiar 9-08-17

MFwebsite2020researchWhat I Am Reading

Sep 08 (Friday) Markets Financial Stocks Slide, Along With Treasury Yields (W) These Insurers Are Tumbling on Fears of Hurricane Irma Damage (B) Airline Stocks Tumble as Hurricanes Add to Growth Concerns (W) Goldman Sachs’s New Bond ETF Shuns the Riskiest Debt (B) Central banks White House Considering at Least Six for Fed Chair (B) Fischer’s departure shows weaknesses in the Fed (FT) Low Inflation Gives Fed Pause on Raising Rates Again This Year (W) ECB Weighs Ending Stimulus as Fed Calibrates Its Easy Money Stance (W) Europe’s Stock Market Bulls Don’t Need Draghi to Keep Buying (B) US Don’t Look Now, But Productivity Is Finally Rising (B) Three Dangerous Words for an Investor: Inflation Is Dead (W) Opioid Epidemic May Be Keeping Prime-Age Americans Out of the Workforce (W) U.S. Jobless Claims Soar by Most Since 2012 on Hurricane Harvey (B) 5 facts about Millennial households (Pew) China Yuan’s Sharp Rise Muddles China’s Growth Picture (W) US politics Senate Passes Debt-Limit Deal Trump Struck With Democrats (B) GOP Cites Progress in Tax Talks; 15% Corporate Rate Is Doubted (W) Paul Ryan just signaled that Republicans won’t deliver on one of Trump’s biggest tax cut promises (BI) Trump’s souring on Cohn has ominous implications for the one thing Wall Street cares about most (BI) Trump Jr. Hoped Russian Lawyer Had Insight on Clinton’s ‘Character’ (W) Geopolitics & cybersecurity As World Watches Kim, China Quietly Builds South China Sea Clout (B) Trump says N Korea military action ‘not inevitable’ (FT) Twitter Is Expected to Brief Senate Panel on Activity by Russians (W) Senator Says Facebook’s Russian Ads Suggest Need for New Law (B) Equifax Says Cyber Attack May Have Hit 143 Million Customers (B) Industries & companies Consumer: Benevolent Bacon? Nestle And Unilever Gobble Up Niche Brands (W) FANGs: Amazon Seeks Prime Location for $5 Billion Second HQ (W) FANGs: Few Cities Could Accommodate Amazon’s New Headquarters (B) Industrials: GE’s Slump to Deepen Even After $64 Billion Slide, JPMorgan Says (B) Media: Disney sinks after CEO Bob Iger gives disappointing guidance (BI) Media: Disney to Include ‘Star Wars,’ Marvel Movies on New Streaming Service (W) Media: Comcast warns it’s going to lose as many as 150,000 video subscribers in the third quarter (BI) Pharma: Eli Lilly to Cut 8% of Workforce (W) Retail: Restoration Hardware explodes after crushing earnings and raising guidance (BI) Retail: Starbucks could be an “indirect casualty” of the retail apocalypse (BI) Tech: iPhone’s Summer Production Glitches Create Holiday Jitters (W) Tech: Next iPhone’s Big Problem Is Winning Over China’s Jaded Consumers (B) Technology Brain-Computer Interfaces Are Already Here (B) Washington sets out rules of the driverless road (FT) Google parent backs machine-learning cancer treatment (FT) Irma Back-to Back Hurricanes to Test FEMA (W) Hurricane Irma to Test New Codes Put in Place After Andrew (W) Irma on Collision Course With Miami After Wrecking Caribbean (B) Why Florida Is Largely Insured by Companies You’ve Never Heard Of (W) Gas Shortage in Florida Gets Worse as Drivers Flee Irma (W) Harvey How Hurricane Harvey Will Ripple Through the U.S. Economy (W) Houston CEOs Race to Mend a Storm-Battered Workforce (W) The Next Hurricane-Related Shortage: Construction Workers (W) Offbeat Hurricane Jose is expected to become a major hurricane by Friday (BI) Hi Mom, Stop Sending Me Voice Messages (W)

wiar 9-07-17

MFwebsite2020researchWhat I Am Reading

Sep 07 (Thursday) Markets Comfortably Numb: Why the Economy Shrugs Off Risks (W) Goldman’s Blankfein on Markets: ‘Things Have Been Going Up for Too Long’ (W) Deutsche Bank’s Cryan Sees Increasing Signs of Asset Bubbles (B) North Korea Isn’t the Only Headwind for Asian Stocks (B) Currencies The Euro Is Partying Like It’s 1999 (W) Canadian dollar soars after rate tightening (FT) Central banks Fischer to Step Down in Mid-October as Fed Vacancies Mount (B) Here’s How Trump Can Reshape the Fed (B) Bank of Canada Raises Benchmark Rate to 1% (B) Central banks wake up to cryptocurrency threat (FT) US U.S. Trade Gap Widens Slightly in July (W) Where’s the Pricing Power? Little Sign of It in Fed’s Beige Book (B) The Market’s Big Puzzle: What Is Happening to Growth and Inflation? (W) Europe Surprise: These Are Unexpectedly Good Times for the EU (R) Catalonia passes bill for vote to break from Spain (FT) EU plans rule change to increase taxes on online giants (R) Sweden’s Biggest Bank Is Moving Because of Regulation (W) Tensions Grow as EU Rules Hungary Must Take Migrants (W) Emerging India Rises in Eyes of Investors (W) US politics Trump, Democrats Reach Deal on Debt Limit and Storm Aid (W) Ryan Pledges to Seek Compromise on ‘Dreamer’ Immigrants (W) Donald Trump Jr., Susan Rice Talking to Russia Panels (W) Hundreds of EPA Workers Leave in Recent Days (W) Geopolitics & trade Putin Bats Down North Korea Oil Ban (W) Behind North Korea’s Nuclear Advance: Scientists Who Bring Technology Home (W) Mexico signs e-commerce deal with China’s Alibaba Group (R) Industries & companies Airlines: Comfortable Planes? Airlines Say Passengers Don’t Care (W) Retail: More Shoppers Head to Whole Foods After Amazon Purchase (W) Retail: Gap Closing Hundreds of Stores in Shift Toward Old Navy, Athleta (B) Tech: Apple’s Bonds Are Acting More and More Like Government Debt (B) Corporate finance Goldman Halts IPO Work for China HNA Unit on Ownership Concerns (W) Offbeat Irma Barrels Toward Puerto Rico and Florida (B) Why It’s So Hard to Predict Hurricane Irma’s Path (B) FEMA Is Almost Out of Money and Hurricane Irma Is Approaching (B)

wiar 9-06-17

MFwebsite2020researchWhat I Am Reading

Sep 06 (Wednesday) Markets September’s Bringing Tons of Catalysts to Shatter Market Calm (B) Beneath the Surface, the Stock Market Is Going Wild (B) Does Massive Inflow Into Bond ETFs Spell Bubble? (IBD) Lots of Liquidity Isn’t Always Better (B) Traders are increasingly worried that the US government may soon run out of ways to pay its bills (BI) Copper prices surge to near three-year highs (FT) Central banks Fed’s Brainard: Weak Inflation Argues for Caution on Further Rate Rises (W) I Speech Kashkari: Fed May Have Harmed U.S. Economy With Rate Hikes (B) ECB Expected to Signal Stimulus Phase-Out (W) Why BOJ Should Stop Being Obsessed With 2% Inflation Goal (B) Europe Eurozone Growth Seen Easing Slightly (W) German vote takes back seat to monetary moves (FT) Liam Fox: Britain does not have capacity to strike trade deals now (PO) Japan The fears about Japan’s debt are overblown (FT) China China hits booming cryptocurrency market with coin fundraising ban (R) China’s Big Banks Still Have a Credibility Gap (W) China rewrites history with new censorship drive (FT) Emerging Russia’s inflation drops to its lowest level since the collapse of the Soviet Union (BI) Merkel Dials Down Tone on Ending Turkey’s EU Membership Bid (W) US politics ‘Big Six’ Policy Group Faces Decision Time on Tax Changes (W) Industry Groups Push for Repeal or Delay of Two Obamacare Taxes (W) Trump Rescinds Protections for DACA Immigrants (W) Trump Confronts Accelerating Russia Probes on Multiple Fronts (B) Geopolitics North Korea Gives Defiant Response to U.S. Over Latest Nuclear Test (W) Trump Says U.S. May Boost Arms Sales to Asia Allies (W) Putin Warns U.S. Against Sending Weapons to Ukraine (W) Putin Echoes China in Spurning U.S. on North Korea Sanctions (B) China’s Oil Lifeline to North Korea Targeted After Nuclear Blast (B) Why Xi Jinping Refuses to Go Ballistic Over North Korea (W) N Korea’s nuclear endgame: deterrence or aggression? (FT) What War Between North Korea and the U.S. Might Look Like (B) Industries & companies Airlines: The Five Biggest Airlines Plunged in August, Wiping Out $10 Billion (B) Cruise Lines: Cruise Line Stocks Plunge as Hurricane Irma Threatens Caribbean (B) Media: Verizon Wants to Build an Advertising Juggernaut—It Needs Your Data First (W) Pharma: Don’t Ignore Big Pharma’s New Breakthrough (W) Corporate finance United Technologies to Buy Rockwell Collins for $23 Billion (W) Airbus Warns United Tech to Deliver on Orders Rather Than Deals (B) Boeing Balks at United Tech-Rockwell Deal (W) Houston Slows But Doesn’t Stop Energy M&A (B) Retailers to Amazon: pick me, pick me (FT) Technology Take Elon Musk Seriously on the Russian AI Threat (B) Nvidia to Play Big Role in ‘Huge’ Wal-Mart Cloud Push, Says Global Equities (BR) Automation Kills Jobs in Retail—and Replaces Them With Better Ones (W) Offbeat Irma Tops Storm Scales as Florida Preps for Catastrophic System (B) Houston Rockets Sell for $2.2 Billion, Breaking NBA Record (B)