wiar 3-15-17

Mary FanslauWhat I Am Reading

March 15  (Wednesday)

Markets
Where are the bears? Stocks go 104 days without 1% drop (C)
Why Robert Shiller Is Worried About the Trump Rally (B)
Trump Waiting Game Turns a Stock Picker’s Paradise Into ETF Land (B)

Credit
The Great Corporate Bond Rush of 2017 Persists as Fed Mulls Hike (B)
Rising ‘Real’ Yields Signal Optimism on Economy (W)
Bond market complacency over Fed risks painful end (FT)
Junk’s stellar run under threat from a hawkish Fed (FT)
Fund Investors Load Up on Property Debt (W)

Oil
OPEC’s oil production ticks down in February as Saudis cut output more deeply (C)
How Plunging Oil Prices Are Hurting the Global Reflation Rally (B)
Saudis stand by commitment to oil production cuts (FT)

Central banks
Central Banks Set to Signal Monetary Mood Has Changed (W)
Fed to Hike But Avoid Signaling Faster Pace: Decision-Day Guide (B)
Fed, in shift, may move to faster pace of rate hikes (R)
CNBC survey: Look out for a more aggressive Fed this year (C)
Federal Reserve Ponders How To Do The Big Unwind (B)
Strategist Mark Grant says Trump Fed appointees may lack desire to hike rates (C)
These Fed Officials Give the Best Policy Signal (B)

US
CEOs’ Economic Optimism Jumps by Most in Seven Years (W)

Europe
Wilders’s Party Slumps in Final Dutch Polls (B)
Could France’s Marine Le Pen deliver Frexit? (FT)
Brexit bill approval overshadowed by Scotland demand (FT)
Scotland’s Next Independence Vote Needs Hard Facts (B)

Emerging
Why Emerging Markets Shouldn’t Fear the Fed (W)

US politics I
GOP Health Care Plan Takes Hit With CBO’s Dire Estimates (B)
WH’s estimate of coverage losses under the GOP’s health care plan is even larger than the CBO (BI)
Health Bill Would Add 24 Million Uninsured but Save $337 Billion, Report Says (N)
Paul Ryan: The CBO report ‘actually exceeded my expectations’ (BI)
“We disagree strenuously”: Trump team attack CBO’s unflattering “Trumpcare” report (BI)
Trump Warns It Could Take Several Years for Health Costs to Drop (B)
Health bill may cost more for low income seniors (C)
Young People to Pay Less Under GOP Health Plan, CBO Says (W)

US politics II
Debt Ceiling Fight May Be Too Tempting for Trump to Pass Up (B)
Justice Department seeks more time on Trump wiretap evidence (R)
Steve Bannon and the Making of an Economic Nationalist (W)
Preet Bharara: ‘Sheriff of Wall Street’ or Pragmatic Showman? (N)
EPA Deputy Accused of Working With Monsanto to Kill Cancer Study (B)

Geopolitics & trade
Trump Nominee Lighthizer Says U.S. Can Do Better in Trade Negotiations (W)
North Korea warns U.S. of ‘merciless’ strikes (R)
The leading presidential candidate in South Korea could thwart US plans to counter the North (BI)
To China, America Finally Looks Vulnerable (W)
China waits to hear why Japanese warship going to South China Sea (R)
Trump adviser makes first foray into MidEast talks (FT)

Industries & companies
Financials: FT Explainer: Dodd-Frank picked to pieces (FT)

Corporate finance
Saks Owner in Talks to Buy Neiman Marcus (W)
VW Is Open to Fiat Chrysler Talks (W)

Technology
Intel’s $15 billion purchase of Mobileye shakes up driverless car sector (R)
DeepMind Finds Way to Overcome AI’s Forgetfulness Problem (B)

Offbeat
Trump Force One Is Ready for Takeoff (B)
U.S. Applications for New Zealand Citizenship Jump 70% (B)
How To Build a Hack-Proof Smart Home (Mansion Global)
When the Children Crashed Dad’s BBC Interview: The Family Speaks (W)