wiar 3-10-17

Mary FanslauWhat I Am Reading

March 10  (Friday)

Markets
This Crazy, Expensive Market Is for Speculators Not Investors (W)
The Market Is Suddenly Having Second Thoughts on Reflation (B)
You Can’t Retire on the Trump Bump (B)
Dimon Says Trump Has Reawakened ‘Animal Spirits’ in the U.S. (B)
Hedge-Fund Trump Bump Turns to Slump (W)
Insider Stock Buying Lowest in Three Decades (W)

Oil
The OPEC Deal Is Facing Its Biggest Test (B)
OPEC Faces Quandary as U.S. Oil Inventories Swell (W)
Oil Settles Below $50 a Barrel for the First Time in 2017 (W)
Shale Billionaire Hamm Says Industry Binge Can ‘Kill’ Oil Market (B)

Commodities & currencies
Gold Suffers Worst Run Since October as Slide Below $1,200 Looms (B)
Gold looks vulnerable if Treasury yields push higher (FT)
Euro jumps as ECB declares victory against deflation (FT)
Investors’ itch to switch to euro foiled by Le Pen (FT)

Central banks
ECB Keeps Bond-Buying, Rates Unchanged Amid Inflation Flare-Up (B)
ECB Won’t Apply Brakes to Stimulus—Yet (W)
ECB exit strategy need not mimic the Fed’s (FT)

US
U.S. Consumer Comfort Just Reached Its Highest Level in a Decade (B)
U.S. Household Net Worth Reaches Record $92.8 Trillion (W)
U.S. Infrastructure Gets ‘D+’ Grade from Civil Engineers (W)
The Growing Gap Between Jobless Claims and Job Losses (W)
Led by Baby Boomers, divorce rates climb for America’s 50+ population (Pew)

Europe
The economy that France’s next president will inherit (FT)
Brexit Brings Absolutely `No Benefits’ — the View From Norway (B)
Netherlands election in the words of Dutch voters (FT)

China
China Tries Again to Stitch Together a Unified Civil Code of Law (W)
China’s Consumer Inflation Hits a Low Point (W)

Emerging
Micromanager-in-Chief Modi Upends How India Is Run (W)

US politics
GOP Health Plan Advances After Clearing Two Panels (W)
‘This Is Not the Obamacare Repeal Bill We’ve Been Waiting For’ (B)
A Key Part of the GOP’s Plan to Overhaul the Tax Code Is in Deep Trouble (B)
To Reduce Trade Deficit, White House Wants Partners to Buy American (W)
Trump Begins to Map Out $1 Trillion Infrastructure Plan (W)
Some States Aren’t Waiting for Trump to Fund Infrastructure (B)
Pruitt Says EPA to Take More Cues From States (W)
Are Trump’s Deleted Tweets Official Records? The House Oversight Committee Thinks So (W)

Geopolitics & cybersecurity
Senators Have More Questions After Viewing CIA Documents on Russian Influence (W)
FBI Eyes Contractors in CIA Leak (W)
It’s Time for VIPs to Take the Hacker Threat Seriously (W)

Industries & companies
Autos: Costlier Cars and Lost Jobs Give Trump Ammo to Ease Rules (B)
Consumer: Soda Loses Its U.S. Crown: Americans Now Drink More Bottled Water (W)
Energy: Energy sector weighs rewards and risks under Trump (FT)
Financials: Senate Banking Panel Advances Series of Deregulatory Bills (W)
Financials: Bank Analysts Signal End of Political Risk (B)
Financials: AIG CEO Hancock to Resign as Insurer’s Turnaround Falters (W)
Hotels: Hoteliers Cast Airbnb as Fast-Growing Professional Rival (W)
Telecom: A World Without Wi-Fi Looks Possible as Unlimited Plans Rise (B)

Corporate finance
Shell Cuts Debt With $7.25 Billion Sale of Canada Oil Sands (B)
PPG Makes $22 Billion Offer for Paint Rival Akzo Nobel, Is Rejected (W)
Stronger signal for US telecoms M&A (FT)
Airbnb completes $1bn fundraising (FT)

Offbeat
Chicago Wants to Be a Hub for China Stock Trading (B)