wiar 1-26-17

Mary FanslauWhat I Am Reading

January 26  (Thursday)

Markets
Boom: Dow hits 20,000 for first time ever (NN)
Does Dow 20,000 Mean It’s Time to Get Out? (B)
Dow Index Vaults Over 20000 Milestone (W)
Earnings Feed Global Stock Rally as Bonds Retreat (B)
Who’s President Doesn’t Matter That Much to the Stock Market (B)

Oil
BP Warns Battle for Oil Market Share Could Return (W)
No Stopping Texas Shale Boom as Permian Fever Spreads to Pipes (B)

Central banks
New Keynesians, You Were Right All Along, ECB Economists Argue (B)

US
Americans Are Flipping Houses Like It’s 2006 (B)
Middle-Aged Americans Beat Millennials in Time Spent on Social Media (B)
Existing Home Sales Fell 2.8% in December (W)

Europe
German Business Expectations Fall as Protectionism Fears Grow (W)

China
China Likely to Stick to Two-Child Policy (W)
Drop in China corruption prosecutions (FT)

Emerging
Emerging Markets Greet Trump by Rushing to Sell Debt (W)
Dubai is officially home to the world’s busiest international airport (BI)

US politics I
Federal Debt Projected to Grow by Nearly $10 Trillion Over Next Decade (N)
Conservatives Collide With Trump Over Budget Plans (W)
Trump Calls for ‘Major Investigation’ Into Alleged Voter Fraud (B)
Jake Tapper issued the strongest takedown yet of Trump’s baseless voter-fraud claims (BI)
Trump vows federal intervention to quell Chicago gun violence (R)
Cohn to receive $100m-plus Goldman exit package (FT)

US politics II
Under Trump, It’s Make a Deal With the President—or Else (B)
Trump to sign executive orders on immigration (R)
Trump seen boosting border agents, targeting those in U.S. illegally (R)
Trump expected to order temporary ban on refugees (R)
Trump’s Immigration Revamp to Include Plans for Safe Zones Inside Syria (W)

Geopolitics & trade I
Trump to Unveil Mexico Border Wall Plans in Security Push (B)
Trump’s Orders on Border Wall Stir Concern Over Presidential Power (W)
Trump Border Wall Announcement Builds More Resentment in Mexico (W)
Mexico issued an ultimatum to the Trump administration (BI)
Mexico’s Potential Weapons if Trump Declares War on Nafta (N)

Geopolitics & trade II
High Tariffs on China, Mexico Wouldn’t Guarantee U.S. Jobs (W)
Trump Injects High Risk Into Relations With China (N)
As Trump stresses ‘America First’, China plays the world leader (R)
Trade war between China and the U.S. is a lose-lose: state media (R)
Trump’s allies claim the US could ‘do a trade deal in a week’ with the UK (BI)
Why Obama sent the Palestinians $221 million during his last hours in office (BI)

Industries & companies
Airlines: Boeing’s Quarterly Profit Climbs (W)
Autos: Toyota’s ‘Made in America’ Strategy Isn’t Enough to Shield It From Trump (B)
Media: AT&T Revenue Declines (W)
Media: Amazon Steals Netflix’s Spotlight to Become Toast of Hollywood (B)
Shipping: Amazon Expands Into Ocean Freight (W)
Tech: Cisco to buy AppDynamics for $3.7 billion in growth push (R)

Productivity
A Challenge to the ‘Secular Stagnation’ Theory (W)
Has the World Reached Peak Productivity? (B)

Offbeat
Wall Street Is Hiring … in Florida (B)
‘La La Land’ Dominates Oscar Nominations (W)