wiar 4-17-17

Mary FanslauWhat I Am Reading

April 17  (Monday)

Markets
A New Dawn for Active Investment Managers? (BR)
JPMorgan Is Watching for Treasury Yields to Break Out, One Way or the Other (B)
Commodities in Your Portfolio? It’s All Hogwash, Says Wall Street Dissenter (W)
ETFs Show Limits in World of Emerging-Market Bonds (W)
Calpers Is Sick Of Paying Too Much For Private Equity (W)

Central banks
YRI Press: The Great Unwinding: What Happens To Treasury Yields When The Fed Trims Its Balance Sheet? (BR)
Bond Investors: Don’t Panic as Fed Cuts Balance Sheet (BR)
Fed Tightening May Not Require Many Rate Hikes (BR)
Fed Puts Together Plan to Unwind Securities Portfolio (W)

Global
Global economic recovery ‘broad-based and stable’ (FT)
IMF warnings of US protectionism ‘rubbish’, says Ross (FT)

US
Economic Gains Elusive Despite Strong Confidence (W)
Here’s Why Robust Job Market Isn’t Producing Better Pay (B)
Builders Bet Tiny Apartments Will Lure Renters (W)

Europe
How a Scrappy Newspaper Is Roiling the French Election (W)

China
Informal Lending in China Ramped Up in March (W)

Japan
A $165 Billion Manager Says the Japanese Stock Gloom Is Overdone (B)

US politics
Trump’s big shifts come at a dizzying pace (BI)
Trump to Speak at NRA Forum, First President to Do So Since 1983 (B)
White House to Keep Its Visitor Logs Secret (N)
Cohn’s Goldman Sachs Shares Sold While He Touted Financial Overhaul (B)
Lee Cooperman’s Omega on Trump administration (BI)

Geopolitics
North Korea Likely Conducted Failed Missile Test, South Korea Says (B)
North Korea Missile Launches, Nuclear Detonations: Timeline (B)
McMaster: North Korea’s Behavior ‘Can’t Continue’ (W)
China Warns of ‘Storm Clouds Gathering’ in U.S.-North Korea Standoff (N)
Trump Ties China Currency Decision to Help With North Korea (B)

Industries & companies
Airlines: Lawyer Battling United Airlines: Plain-Spoken, Affable, Media-Savvy (W)
Media: Will Comcast Really Cut the Cord? (W)
Pharma: As Drug Prices Fall, These Stocks Could Rise (BR)

Offbeat
As millions watch via webcam, giraffe gives birth in New York zoo (R)