wiar 1-11-17

Mary FanslauWhat I Am Reading

January 11  (Wednesday)

Markets
The World’s Best Stock Gains Are in Emerging Markets (B)
Fund That Made Money on Treasuries Says Rally Is About to End (B)
Europe’s Corporate Bond Indigestion (B)
Goldman: Here’s One Way Passive Investing Actually Looks A Little Marxist (B)

Oil
Problem with OPEC production cut (BI)
Libya Ramps Up Oil Production, Threatening OPEC Plans (W)

Central banks
Fed official eyes balance sheet as US inflation picks up (FT)
Fed’s Rosengren calls for faster interest rate hikes (R)

US
U.S. Small-Business Optimism Index Surges by Most Since 1980 (B)
America’s Fastest-Growing Loan Category Has Eerie Echoes of Subprime Crisis

Europe
BARCLAYS: These 66 key events will shape European politics and economics in 2017 (BI)
Report: German Vice Chancellor Sigmar Gabriel will challenge Angela Merkel in this year’s elections (BI)
Nicola Sturgeon ruled out a Scottish independence referendum this year (BI)

China
Jack Ma Bets $2.6 Billion He Can Revamp China’s Retail Industry (B)
One of the most brilliant China minds in the world has a warning (BI)
China Rolls Out New Graft Watchdog (W)
Chinese professor sacked after criticizing Mao online (R)

US politics
Trump’s Proposed Tax Cuts Could Boost U.S. and Global Growth, Says World Bank (W)
Ryan, Trump team discuss border tax at Capitol Hill meeting (R)
Trump Pressures GOP to Simultaneously Repeal, Replace Health Law (W)
Inside Tillerson’s Negotiating Style: Unbending and Theatrical (W)
Trump’s Commerce pick Wilbur Ross is no stranger to protectionism (R)
‘The Mooch’ Earns the Ear of Donald Trump (W)
California Republican challenges state’s hiring of Eric Holder to fight Trump policies (R)
Industry Lobbyists Champ at the Bit, Awaiting Business-Friendly Policies (W)

Geopolitics & terrorism
U.S. Intelligence Sees Gloomy Global Trends for Next Five Years (B)
Trump pressured to soften pro-Russia rhetoric (R)
U.S., Russian Pilots Playing Risky Game in Skies Over Syria (W)
U.S. Navy Ship Fires Shots to Deter Iranian Vessels (W)
FBI’s Comey Says Republican Data Also Hacked by Russians (W)
US intelligence ‘found no sign that Russia hacked Trump campaign’ (FT)

Industries & companies
Autos: GM Sees Higher Profit in 2017, Plans $5 Billion Buyback (B)
Autos: How GM’s Bailout Became China’s Bonanza (B)
Financials: Citigroup may benefit less from tax cuts than other U.S. banks (R)
Financials: Wall Street firm using blockchain to handle $11 trillion transactions (BI)
Media: Marissa Mayer to Leave Yahoo Board; Yahoo to Change Name to Altaba (W)
Pharma: Johnson & Johnson to Report Average U.S. Price Increases (W)
Tech: Samsung Display plans to invest another $2.5 billion in Vietnam: Yonhap (R)

Offbeat
Breitbart Nabs Wall Street Journal Vet to Expand Audience (B)
An asteroid just flew by Earth about 50% closer than the moon, and we barely saw it coming (BI)