wiar 1-27-17

Mary FanslauWhat I Am Reading

January 27  (Friday)

Markets
We’re Already at Dow 30000, You Just Don’t Know It (W)
The Dow Hit 20,000. Now What? (N)
The Fragile Economic Foundation of Dow 20000 (W)
German bond yields hit year-high in broad sell-off (FT)

US
Donald Trump’s 4% Growth Target Is Easier Said Than Done (W)
Fourth-Quarter Growth Likely to Be Typical of Obama Era (B)
New U.S. Home Sales at 10-Month Low as Mortgage Rates Rise (B)

Europe
Le Pen uses environmental issue to broaden appeal (FT)

Emerging
Mexico Registered Small December Trade Surplus (W)
China Seeks to Calm U.S. Over Its Semiconductor Ambitions (W)

US politics I   
Trump’s Uncertainty Principle (B)
Trump’s Economic Approach Starts to Take Shape (B)
Corporate America split over radical import tax plan (FT)
What Obamacare Repeal Could Mean for Medicaid (B)
The EPA just delayed 30 environmental regulations created under Obama (BI)
How the Debt Ceiling Could Foil Trump Spending Plans (B)

US politics II
Trump Fulfills Conservative Wishes With Supreme Court Shortlist (B)
Trump’s voter fraud probe could pave way for tougher voting rules (R)
Sanctuary cities face huge cuts by Trump policy (R)
U.S. government scientists go ‘rogue’ in defiance of Trump (R)
Trump Strategist Steve Bannon Says Media Should ‘Keep Its Mouth Shut’ (N)
Mass exodus at the State Department of people who don’t want to work for Trump (BI)

Geopolitics & trade
Trump Wants to Build a Wall. Finding Workers Won’t Be Easy (B)
Mexico’s President Rejects U.S. Plan to Build a Wall (B)
How Donald Trump’s Wall Would Measure Up to World’s Barriers (W)
How Mexico’s Trump Whisperer Could Save Nafta (B)
Kyle Bass Calls Trump ‘Gasoline’ on Smoldering Fire in China (B)
Japan Open to Two-Way Trade Talks With U.S. (W)
Philippines says U.S. military to upgrade bases, defense deal intact (R)
Israeli Cybersecurity Industry Grows as Global Threats Multiply (B)

Industries & companies
Autos: Ford Motor quarterly profit matches Street expectations (R)
Consumer: Johnson & Johnson agrees $30bn deal for Actelion (FT) 
Fintech: China’s Ant Financial, Owned by Jack Ma, Makes U.S. Play (W)
Media: German Media Giant Betting on Ink and Paper as E-Books Falter (B)
Tech: Alphabet Earnings Miss Analyst Estimates on New Hardware Costs (B)

Offbeat
The Day Harvard Stopped Being a Hedge Fund (B)
Here’s how much people make working for a hedge fund (BI)