wiar 1-17-17

Mary FanslauWhat I Am Reading

January 17  (Tuesday)

Markets
Every Stock Picking Opportunity Is a Way to Lose Money Too (W)

Davos
Davos Begins Amid New Chapter for Globalization (W)
Does Trump’s rise mark the end of Davos Man’s influence? (FT)

Central banks
Trump, Fed Headed for Clash Over Growth (B)
Fed Officials See Less Need for Government Stimulus (W)

US
IMF boosts U.S. growth forecasts on Trump spending, tax plans (R)
Uncertainty lingers over how Trump’s tax and infrastructure proposals will impact economy (BI)
Companies Examine Moving Production to U.S. Ahead of Tax Code Overhaul (W)
Oldest Boomers Begin Mandatory 401(k) Withdrawals (W)
How Does Business Dynamism Link to Productivity Growth? (FRB-SF)
Following the Overseas Money (FRB-ATL)

Europe
German Automakers Push Back Trump’s Warning Over Mexican Plants (B)
Luxottica and Essilor agree €50bn eyewear merger (FT)
Santander to be granted exemption in US stress test (FT)

Emerging
Investors in India await Modi’s long-promised reforms (FT)

US politics
Trump’s Vow to Erase Obama Orders Takes Aim at Diversity (B)
Workers Say Andrew Puzder Is ‘Not the One to Protect’ Them, But He’s Been Chosen To (N)
Democrats’ Fissures Re-Emerge as Party Seeks New Leader (W)
In Trump’s Feud With John Lewis, Blacks Perceive a Callous Rival (N)
Summers: A bitter comedown from Donald Trump’s sugar high (FT)
Martin Luther King’s daughter says ‘God can triumph over Trump’ (R)

Geopolitics
Trump flexes muscle against pillars of postwar order (FT)
Trump says NATO obsolete but still ‘very important to me’ (R)
Trump Slams NATO, Floats Russia Nuke Deal in European Interview (B)
Trump Offers Britain Quick Trade Accord as He Shuns Europe (B)
Hundreds of U.S. Marines land in Norway, irking Russia (R)
China warns Trump over Taiwan stance (R)
North Korean Defections Swell as Political Elite Look South (W)
Obama is marking the first anniversary of the Iran nuclear deal with a warning to Trump (BI)

Industries & companies
Autos: Trump threatens German carmakers with 35 percent import tariff (R)
Energy: Drilling Costs Rise as Oil Firms Return to Shale Fields (W)

Technology
Labor Force Needs to Work With Robots, Not Be Replaced by Them, Study Says (W)
Harnessing automation for a future that works (McKinsey)

Offbeat
2016 Was a Bad Year for Celebrity Deaths, by These Measures (N)