wiar 4-13-17

Mary FanslauWhat I Am Reading

April 13  (Thursday)

Markets
Financial Stocks Drop Ahead of Bank Earnings Season (W)
Trump Says Dollar ‘Getting Too Strong,’ Won’t Label China Currency Manipulator (W)
Wall Street Rout: Indexes Beat Stockpickers 92% of the Time (W)
Weird Thing Happening to Global Profit Estimates: They’re Rising (B)

Central banks
Trump Says He’s Open to Renominating Yellen at Fed, WSJ Says (B)

IMF
IMF Hails Global Momentum, Warns of Protectionism (W)
World Economic Outlook, April 2017 (IMF)

US
U.S. Budget Gap Reaches $176.2 Billion in March: Treasury (W)
Inflation Is Back, But Don’t Worry (W)

Europe
EU Threatens Hungary With Legal Action (W)
Forget France, Italy May Be Markets’ Big Risk (W)

China
Higher Yields Damp China’s Corporate Bond Market (W)

Geopolitics & trade
Trump Says NATO Allies Must Meet Defense Spending Obligation (B)
Trump Offered China Better Trade Terms for Help on North Korea (W)
Trump labels North Korea ‘menace’ after phone call with Xi (FT)
US and Russia try to tackle ‘low trust’ over Syria (FT)
Tillerson Says Russia Ties at Low Point After Putin Meeting (W)
Trump Taps Another Trade Hawk, Invokes New Import Penalties (W)

Industries & companies
Airlines: Delta upbeat on outlook despite higher fuel costs (FT)
Airlines: Delta Is Reviewing Its $14 Billion Wide-Body Jet Deal With Airbus (B)
Airlines: United Says It Won’t Use Police to Remove Paid Passengers (W)
Amazon: Bezos Discusses How He Keeps Amazon in Startup Mode (W)
Autos: GM Idling Truck, SUV Factories 10 Weeks to Retool for New Models (B)

Technology
Bezos Says Artificial Intelligence to Fuel Amazon’s Success (B)
How Technology Liberates Human Capital (W)

Offbeat
For Real Innovation, Try a Desktop PC (W)
People Love Talking About Bitcoin More Than Using It (W)