wiar 3-21-17

Mary FanslauWhat I Am Reading

March 21  (Tuesday)

Markets
YRI Press: Top strategist says this will keep the bulls running on Wall Street (C)
ETFs Are Giving Mutual Funds a Run for Their Money (B)
Outlook for US corporate profits dims (FT)
Foreign investors net sellers of eurozone bonds (FT)
World’s Biggest Hedge Fund Joins Pivot to Local Emerging Bonds (B)
Why Not Everyone Thinks Smart Beta’s a Smart Idea: QuickTake Q&A (B)

Currencies & commodities
Oil Drops as U.S. Drilling Growth Threatens to Counter OPEC Cuts (B)
Dollar bulls checked by US rate policy concerns (FT)

Central banks
Fed Is Stuck in the Past With Its Forecasts of the Future (W)
Interest Rates After Inflation May Be a Real Bubble (B)

Europe
Investors ignore broader dangers of a Le Pen victory (FT)
U.K. Says It Will Start Formal Brexit Process Next Week (W)
Italy’s Struggling Economy Has World’s Healthiest People (B)

Emerging
China regulator warns on outbound M&A spree, says acquisitions like ‘a rose with thorns’ (C)
Default Fears Resurface Over Singapore’s Looming Debt Wall (B)

US politics
President Trump’s approval rating has hit a new low, says Gallup poll (C)
Comey Deals Trump a Political Blow When He Can Least Afford It (B)
Comey: No Evidence Found for Trump’s Wiretapping Claim (W)
Trump Mounts Lackluster Defense of Ryan’s Unpopular Health Bill (B)
Wall Street is getting worried ‘Trumpcare’ could delay the biggest thing it wants from Trump (BI)

Geopolitics & trade
We may have just moved closer to a global trade war (BI)
G-20 meeting was ‘disappointing’ and ‘disturbing’: Yale’s Stephen Roach (C)
Choice of I.M.F. Critic Highlights Trump’s Reversal of Global Policy (N)
Globalization is facing a ‘re-calibration,’ says Dow Chemical chief (C)
Germany Fires Back at U.S. Critique of Its Trade Surplus (W)
Trump Shifting Authority Over Military Operations Back to Pentagon (N)
Saudi Arabia and China just hit the ‘next level’ for strategic collaboration, Saudi CEO says (C)

Industries & companies
Financials: BofA poaches veteran Morgan Stanley dealmaker (FT)
Tech: Google apologises to advertisers for extremist videos (FT)
Tech: Uber president resigns over corporate culture (FT)
Tech: Snap’s stock is a buy, according to this analyst (MW)

Technology
Sorry, a Robot Is Not About to Replace Your Lawyer (N)

Offbeat
Norway ranked world’s happiest country as the US gets sadder (C)
Stephen Hawking plans to ride to the edge of space inside Richard Branson’s ship (BI)
What’s Attacking the Web? A Security Camera in a Colorado Laundromat (W)