wiar 2-20-17

Mary FanslauWhat I Am Reading

February 20  (Monday)

Markets
‘Massive exodus’ continues from active funds, and Vanguard is reaping the gains (C)
European Bond Investors Seek Havens as Political Risks Increase (B)
Flows and France: big market questions this week (FT)
A Quiet Revolution May Be Underway in Japanese Stocks (B)
Gold Isn’t Doing in Practice What It Should in Theory, Yet Again (B)

US
There’s one thing going right for Trump: The economy (NN)
White House Weighs Change in Trade Deficit Calculation (W)

Europe
Schaeuble denies ‘Grexit’ threat, says Greece on right path (R)
Italy’s Ruling Party Faces Quandary as Renzi Steps Down (W)
EU targets UK’s €60bn exit bill before trade talks (FT)
Germany aims to deport record number of rejected asylum seekers in 2017 (R)

Japan
Japan’s Trade Deficit Widens on Drop in Car Exports, Oil Imports (B)

US politics
Trump, an Outsider Demanding Loyalty, Struggles to Fill Top Posts (N)
Trump administration drafts plan to raise asylum bar, speed deportations (R)
McCain defends a free press: ‘That’s how dictators get started’ (C)
Trump Says ‘Life Is a Campaign’ as He Seeks Validation From Fans (B)
Trump isn’t adjusting well to life in the White House — he’s reportedly experiencing ‘cabin fever’ (BI)
U.S. Weighs Prosecuting Parents Helping Children Enter Illegally (W)

Geopolitics
War Is the Climate Risk That Europe’s Leaders Are Talking About (B)
China’s Message to Trump With North Korea Coal Ban: Let’s Deal (B)
US sends strike group to South China Sea in ‘routine operation’ (C)
Lindsey Graham Says 2017 Is All About Hitting Back at Russia (B)
Priebus Says No Known Trump-Related Contacts With Russian Agents (B)
Iran Mocks Trump Threats, Sets Sights on Gulf Nation Deals (B)
How Do You Say ‘Drain the Swamp’ in Chinese? (B)
Trump cited a nonexistent incident in Sweden during his rally on Saturday (BI)

Corporate finance
Kraft Withdraws $143 Billion Offer for Unilever (W)

Technology
Bill Gates calls for income tax on robots (FT)

Offbeat
SpaceX just flew a rocket back to Cape Canaveral Air Force Station — and the footage is epic (BI)
Mexico City, Parched and Sinking, Faces a Water Crisis (N)
Trump’s ‘Winter White House’: A Peek at the Exclusive Members’ List at Mar-a-Lago (N)