wiar 2-18-17

Mary FanslauWhat I Am Reading

February 18  (Saturday)

Markets
The S&P could hit 2,500 by the end of the year: Yardeni (C)
Bank of America: Davos Man Vs. Joe Six-Pack (BI)

Oil
More Oil Drillers Decide to Leave It in the Ground (W)
Shale Drilling Is on a Roll as OPEC Cuts Keep Oil Above $50 (B)

Central banks
Bullard Speaks with Fox Business, Part 1: Monetary Policy Outlook (FRB-SL)

US
Why Small Business Favors Trump—So Far (BR)
Americans have $12.58 trillion of debt — here’s what it looks like (BI)
Student Debt in America Has Hit a New Record (B)

Europe
Marine Le Pen wants to leave the euro — here’s what that might mean for the ‘new French franc’ (BI)
French Left Weighs United Front Against Le Pen; Bonds Drop (B)
Brexit Bulletin: Blair Calls for an Uprising (B)
UK retail sales had a horrible month in January as post-Brexit inflation starts to bite (BI)
Greece will run out of money in July and its creditors can’t agree on what to do (BI)
OECD Economic Surveys: Italy

China
China’s Growth Odyssey

Japan
Japan Quietly Reflates, Buying Time for Reckoning With Debt (B)

US politics
As Tax Debate Heats Up, Lawmakers Struggle to Think of a Plan B (W)
Trump Team’s Growth Forecasts Far Rosier Than Those of CBO, Private Economists (W)
Climate doubter Pruitt takes EPA reins as Trump targets regulations (R)
Four Candidates ‘In Play’ for National Security Adviser (W)
Congress Goes Home, and Constituents Fired Up Over Health Care Are Waiting (N)
Popular Domestic Programs Face Ax Under First Trump Budget (N)
A Tale of Two Trumps (BR)
Trump’s approval rating is off to the worst start for a president in recent history (BI)
Trump goes to his comfort zone: campaigner-in-chief (R)
Trump’s In-Laws May Put Fannie Mae, Freddie Mac in a Tough Spot (B)

Geopolitics
Pence Pledges to Hold Russia Accountable (B)
Pence pledges U.S. support to Europe, NATO (R)
Tillerson Urges China to Confront North Korea (W)
China to suspend all imports of coal from North Korea (R)
North Korea’s young marshal flexes his muscle (FT)
German business chief hits back at Trump attack (FT)
Trump was going to be super tough on China — then they granted his company trademark rights (BI)

Industries & companies
Autos: GM Shares Could Drive 35% Higher (BR)
Autos: Auto Parts Maker Adient Could Have 35% Upside (BR)
Biotech: Why Biotech Looks Like a Good Bet in 2017 (BR)
Consumer: Nestlé Drops Targets as Consumer Giants Struggle (W)
Defense: Trump Hints at Large Order for Boeing’s Super Hornet Fighter Jet (B)
Financials: Fannie Mae Will Pay U.S. $5.5 Billion After Reporting Profit (B)
Financials: Pimco’s Turnaround Gathers Pace With $5 Billion in January (B)
Financials: Global insurance market trends (OECD)
Retail: At Home With Home Depot (BR)
Retail: US Census Bureau: Quarterly Retail e-Commerce Sales
Tech: AT&T to Sell Unlimited Wireless Data Plan Without Pay TV (W)
Tech: Future Phones: Technology You Can See and Touch (BR)

Technology
Bershidsky: Facebook Plans to Rewire Your Life. Be Afraid. (B)
Industrial Revolution Comparisons Aren’t Comforting (B)

Offbeat
Financials: Fund’s $600 Million Lost Week Captivates Traders (W)
Dog Walkers to Be More in Demand Than Teachers in Next Decade (B)