wiar 2-17-17

Mary FanslauWhat I Am Reading

February 17  (Friday)

Markets
Investors Look Past Headlines as Bull Market Roars Ahead (N)
Stocks pause for breath as reflation trade falters (FT)
BlackRock Backs Gold to Hedge Market Risk (B)
French bond trading soars on fear of populist wave (FT)

Central banks
Markets brace for a shakeup at the top of the Fed — Deutsche Bank economists (BI)
Scoring the Fed’s Decision: Will It Be Wise to Tighten in March? (B)
BOJ’s Kuroda warns low rates may sow the seeds of a new financial crisis (BI)

US
While We’re Distracted by the Drama, the Economy Seems to Be Taking Off (N)
Philly Fed index rockets to 33-year high in another postelection blast (MW)
Short-Run Effects of Lower Productivity Growth: A Twist on the Secular Stagnation Hypothesis
The US economy may be catching up to America’s Trump-inspired enthusiasm (BI)
U.S. Housing Starts Slide in January (W)
U.S. Household Debts Climbed in 2016 by Most in a Decade (W)

Europe
Eurozone set to miss deadline for Greek deal (FT)
Don’t Expect a Fake News Epidemic in Europe (B)

China
China Moves to Keep Its Deadly Opioids Out of U.S. (W)

US politics
Rahm Emanuel: The tax code will be easier for Trump to reform than Obamacare (C)
Administration Plans New Immigration Order Next Week (W)
Alexander Acosta Nominated for Labor Secretary (W)
Trump, in unprecedented fashion, airs grievances in an epic 77-minute press conference (BI)
Trump says ‘press is out of control’ in news conference (R)
Trump Defends Himself, Denies Links to Russia (W)
Trump Rejects Portrait of Chaotic White House in Attack on Media (B)
Trump says Flynn did nothing wrong in Russia calls (FT)

Geopolitics
Zuckerberg: Building Global Community
Trump, Meeting With Netanyahu, Backs Away From Palestinian State (N)
U.S. ambassador at U.N. says Trump supports two-state solution

Industries & companies
Financials: Goldman Sachs climbs to a record high (BI)
Tech: Google boasts of a big sudden improvement in its plan to connect the world with internet-beaming balloons (C)

Offbeat
Tillerson Forced to Stay at Sanitarium in German Village for G-20 (B)
Here’s a giant image of Putin caressing a pregnant Trump projected on a New York Apple store (BI)