wiar 3-31-17

Mary FanslauWhat I Am Reading

March 31  (Friday)

Corporate Profits Gain Steam (W)
Bargain Hunters Are Flocking to European Stocks (B)
Insatiable Demand for Long Bonds Isn’t Short Term (W)

Central banks
Fed Officials Say They May Need to Pick Up Pace of Rate Increases (W)
Fed’s Dudley Says Fiscal Stimulus Outlook Shifts Risks to Upside (B)
Draghi’s German Problem May Fizzle as ECB Sticks to Its Plan (B)
ECB’s Knot Says Central Bank Could Soon Start Unwinding Stimulus (W)

U.S. Fourth-Quarter Growth Revised Upward to 2.1% on Consumption (B)
Sentiment vs. Reality: The Economy Is Telling Two Different Stories (W)
U.S. debt to reach 150 percent of GDP in 30 years: CBO (R)
America Needs Small Apartment Buildings. Nobody Builds Them
U.S. College Grads See Slim-to-No Wage Gains Since Recession (B)

German inflation tumbles to 1.5% in March (FT)
Ian Bremmer Says Le Pen Can Really Win and Cause Crisis (B)
U.K. Steps Out of EU and Into a ‘Bureaucratic Jungle’ (W)

Japan’s tepid retail sales raise concerns about consumption, growth (C)

Ousted South Korean president Park Geun-hye arrested (FT)
Mexico Raises Rate as Inflation Hits Highest Since Recession (B)

US politics I
Trump says ‘we must fight’ Freedom Caucus (R)
Trump and Ryan Warn Republican Holdouts Amid Talk of Reviving Health Bill (B)
Paul Ryan is worried Trump will ditch the GOP to work with Democrats on healthcare (BI)
Top Republican senator takes shot at Paul Ryan for discouraging Trump from working with Democrats (BI)
Larry Summers: GOP’s ‘stunning’ lack of unity on health care undermines rest of Trump’s agenda (C)

US politics II
Keystone XL Pipeline Block Sought to Undo Trump’s Approval (B)
GE Chief Says ‘Climate Change Is Real’ in Rebuke to Trump Policy (W)
The Cheapest Way to Build Trump’s Wall (B)
Senate Panel Backs Labor Secretary Nominee Alexander Acosta (W)
Report: The FBI is using the explosive Trump-Russia dossier as a ‘roadmap’ for its investigation (BI)

Geopolitics & trade
Trump Administration Signals It Would Seek Mostly Modest Changes to Nafta (W)
Trump Backs Away From Document Suggesting Softer Nafta Stance (B)
Trump’s Hope for Rapid Reset With Russia Fades (W)
Putin Says He’s Ready to Meet Trump If Finland Hosts Summit (B)
China’s Xi to meet Trump in Florida next week (R)
China Poised to Take Lead on Climate After Trump’s Move to Undo Policies (N)
China says ‘no such thing’ as man-made islands in South China Sea (R)
All Signals Point Once Again to War in Gaza (B)
Netanyahu set to approve first West Bank settlement for 20 years (R)
Years After 9/11 Chaos, U.S. to Build Wireless First-Responder Network (W)

Industries & companies
Airlines: Boeing Makes Billion-Dollar Bet on the 747 Hauling Cargo (B)
Autos: Ford Hires BlackBerry Employees to Work on Connected Cars (W)
Financials: Banks’ Trading Desks Not Invited to Stock Market Party (W)
Restaurants: McDonald’s Upgrades Quarter Pounder, Using Fresh Beef (W)
Retail: Amazon Wants Cheerios, Oreos and Other Brands to Bypass Wal-Mart (B)
Retail: States’ Next Target on Sales Taxes: Sellers on Amazon (W)
Telecom: Telecom Giants Get the OK to Mine Your Web History (W)
Telecom: AT&T Lands Valuable Spectrum With Contract to Build First-Responder Network (W)

Corporate finance
US raids on cheaper rivals send Europe M&A soaring (FT)
Chinese capital constraints send shock through global M&A (FT)

Jeff Bezos Is Now the World’s Second Richest Person (B)
NASA’s $1 billion Jupiter probe just sent back breathtaking new images of the gas giant (BI)
Best cruise ships in the world (BI)