wiar 4-19-17

Mary FanslauWhat I Am Reading

April 19  (Wednesday)

Stocks & bonds
Defensive Stocks Are Getting Expensive Even With an Economy That’s Doing Fine (B)
Follow $17 Trillion of Fund Money to See Reflation Trade Retreat (B)
Hunt of PGIM Says Bet on China, Europe Rather Than Trump Meeting Targets (B)
Treasurys Rebound on Political Uncertainty (W)
Market indicators to watch in France’s election (FT)
IMF Boosts Global Growth Forecast to 3.5% Despite Geopolitical Angst (W)

Commodities & currencies
Industrial Metals Are Diving (B)
Iron Ore Ignores China Data, Index as Decline Accelerates (B)
Beware the Rally in Emerging-Market Currencies (B)

Central banks
Fed’s George Says Continuing With Rate Rises Is ‘Necessary’ (W)
Expected Fed Pick on Collision Course With Current Members on Rates (W)

U.S. Housing Starts Fell 6.8% in March (W)
US inflation expectations at lowest levels for 2017 (FT)
Young White America Is Haunted by a Crisis of Despair (B)
Group of Addiction Experts, Insurers Unites to Combat Opioid Abuse (W)

May calls snap poll to strengthen Brexit hand (FT)
Le Pen steps up anti-immigration rhetoric (FT)
Leadership feuds threaten Germany’s populists (FT)

Missing Billionaire Has Ties to China’s Military (W)

Observers Question Result of Turkish Referendum (W)

US politics
Trump Takes Aim at Tech Outsourcing (B)
Trump to Boost ‘Buy American,’ ‘Hire American’ Directives (W)
H-1B Applications Drop as U.S. Employers Anticipate Reforms (B)
Health Insurers Scramble to Price Plans as Policy Seesaws (W)
Georgia Votes in Critical House Race Seen as Part of Trump Referendum (W)
Trump Resumes Early-Morning Twitter Attacks (W)
Mnuchin sets out Trump administration’s softer side (FT)
Eric Trump Says Presidency Is Bad for Business (W)

Geopolitics & terrorism
U.S. Jet Fighters Intercepted Russian Bombers Near Alaska (W)
Pence Reaffirms U.S.-Japan Alliance Amid North Korea Provocations (W)
Men Accused of Plotting Attack in France Pledged Allegiance to ISIS (W)
French find arms, bomb equipment and Isis flag in Marseille (FT)

Industries & companies
Airlines: United Airlines Says Corporate Clients Seek Policy Fixes (W)
Autos: Volkswagen earnings beat market expectations (FT)
Financials: No Joy for Goldman, Its Mighty Traders Strike Out (W)
Financials: Goldman, BofA Cash In on a Leveraged-Loan Frenzy Like No Other (B)
Media: Netflix’s Subscriber Growth Slows at Home and Abroad (W)
Retail: Malls Deploy Technology to Lure—and Keep—Shoppers (W)
Tech: Facebook’s Zuckerberg Sets His Sights on Augmented Reality (W)

Corporate finance
Verizon’s CEO Is Open to Deal Talks, From Comcast to Disney (B)

Hollywood’s New Script: You Can’t Make Movies Without China (W)