wiar 1-21-17

Mary FanslauWhat I Am Reading

January 21  (Saturday)

Markets
Dow Rises Nearly 100 Points as Trump Takes Office (W)
Markets give muted response to Trump speech (FT)
How Markets Reacted to U.S. Presidents’ First 100 Days (W)
Mexico’s Peso Is Top Performer on Trump’s Inauguration Day (B)

Oil
U.S. Oil Producers Ramp Up Spending (W)
Big Oil May Finally Get to Drill in the Arctic, But Is It Worth It? (B)

Central banks
Now (Jan. 2017): YELLEN: Running the economy ‘hot’ would be ‘risky and unwise’
Then (Oct. 2016): Yellen Cites Benefits to Running Economy Hot for Some Time (W)
Yellen Backs Gradual Rate Rises as Fed Not Behind the Curve (B)
ECB Survey Sees Draghi Wishing Farewell After Increasing Rates (B)

US
Trumponomics may be wrong medicine for U.S. economy today (R)
What to Expect from Trumponomics (B)
Trump Seeks 4% Annual GDP Growth, High End of Prior Goals (B)
Companies’ Job Pledges: Analyzing the Numbers (W)

China
China Leans on Stimulus to Hit 6.7% Growth (W)

US politics I
Trump Takes the Reins of a Deeply Divided Nation (B)
Trump’s Presidency Opens With Combative ‘America First’ Address (B)
Trump Indicts Political System, Remains the Outsider (W)
Trump Vows Sweeping Changes for U.S. (W)
How Trump Aims to Broadly Reshape Policy (W)
The government secrets Trump is about to discover (PO)

US politics II
Republican Governors Balk as Congress Races to End Obamacare (B)
Mnuchin Puts Pressure on Banks Over Volcker Rule, Glass-Steagall (B)
Trump Nominees Make Clear Plans to Sweep Away Obama Policies (N)
Conway blasts confirmation hearing ‘show trials’ (PO)

US politics III
Trump can’t stop talking about how he won (PO)
‘He Has This Deep Fear That He Is Not a Legitimate President’ (PO)
How Trump Left Hollywood in the Cold  (PO)
Who Is Paula White, Trump’s Spiritual Adviser Praying at His Inauguration? (NBC)

Geopolitics & trade
In Trump We Trust: Inauguration prompts celebration in Russia (R)
Trump Doctrine’ Upends Alliance With Europe (B)
Where Trump’s Protectionism Could Hit the Hardest (W)
Davos Elites See an ‘Abyss’: The Populist Surge Upending the Status Quo (N)

Industries & companies
Autos: Ford to record pre-tax remeasurement loss of $3 billion in 2016 (R)
Industrials: GE profit up 36 percent, sales slow; affirms 2017 forecast (R)
Industrials: GE Revenue Slips, Hurt by Oil Woes (W)
Pharma: Bristol-Myers shares slide on immunotherapy setback (FT)
Retail: Walgreens Faces U.S. Antitrust Concerns Over Rite Aid Deal (B)

Technology
Impact of job-stealing robots a growing concern at Davos (R)

Offbeat
Trump aides jockey for best White House real estate (PO)
Melania Trump’s blue dress channels Jackie Kennedy (FT)
Indian Travel Boom Is Sending Tourists Home With Superbugs (B)