wiar 1-04-17

SRdata17What I Am Reading

January 4 (Wednesday)

Markets
Earnings Recovery Set to Propel Stocks Higher in 2017 (W)
Why chart master Louise Yamada is bullish on 2017 (C)
Summers and Eurasia Start the New Year With Dire Global Warnings (B)

US
ISM: U.S. Factory Activity Accelerated in December (W)
That Bubbling Sound Coming From U.S. Factories May Be Inflation (B)

Europe
German Inflation Jumps to Fastest Since 2013 on Oil Prices (B)
Paris Wants to Lure 20,000 Bankers From London (B)

China
China Caixin manufacturing PMI climbs to 51.9 in December, fastest improvement since January 2013 (C)
China tightens control of personal forex purchases (FT)
China’s Debt Boom Looks Eerily Familiar (W)
China’s Credit Engine Is Running Out of Gas (B)
China needs to let companies go bust to support the system (E)
China to London Freight Train Kicked Off as Xi Boosts Trade (B)
China Suffers From Glut of Shopping Malls (W)

Emerging
Mexican Economy Faces Tough 2017 With or Without Trump’s Wall (B)
Singapore’s Economy Expands More Than Economists Estimated (B)
Indonesia Cuts Ties With J.P. Morgan Over Downgrade (W)

US politics I
Trump Targets GM on Mexican Imports; Ford Drops Factory Plan (W)
Ford Decision Cements Mexico as ‘Front Line’ for Trump’s Policy Agenda (B)
Trump blasts General Motors: Make Chevy Cruze model in US or ‘pay big border tax’ (C)
Trade Representative Nominee Signals Focus on Curbing Imports (W)
Treasury Pick Mnuchin Declines Senator’s Policy Questions (B)

US politics II
GOP Congress Faces Sobering Moment as Trump Takes Power (B)
Battles Await Ambitious GOP Agenda, Including Repeal of ACA (W)
After Obama, Some Health Reforms May Prove Lasting (N)
Trump era needs more productivity: Strategist (C)

US politics III
Paul Ryan Re-Elected House Speaker (W)
President Obama to Give Farewell Address Jan. 10 (W)
Obama’s hesitant approach to foreign policy resulted in the biggest stain on his legacy (BI)
Inside Trump Defense Secretary Pick’s Efforts to Halt Torture (N)

Geopolitics & terrorism
2017 Will Be the Riskiest Year for Geopolitics Since WWII, Eurasia Group Says (B)
Trump, Putin, Xi and the rise of nostalgic nationalism (FT)
Trump aware of ‘urgency’ of North Korea nuclear threat: South Korea (R)
Trump Picks China Critic for U.S. Trade Representative: Source (B)
Trump Chides North Korea, China on Twitter (W)
China Shrugs Off Trump Twitter Jab on North Korea (W)
U.S. Gears Up to Restrict Chinese Investment in Chip Industry (W)
Tension in GOP Rises Over Russia (W)
Turkey Seeks to Extend State of Emergency (W)

Industries & companies
Energy: Oil business seen in strong position as Trump tackles tax reform (R)
Energy: Solar Could Beat Coal to Become the Cheapest Power on Earth (B)
Financials: Basel postpones bank reform vote amid policy differences (FT)

Offbeat
France’s 6pm e-mail ban: Not what it seemed (E)
Finland just launched an experiment giving 2,000 people free money until 2019 (BI)