wiar 4-27-17

Mary FanslauWhat I Am Reading

April 27 (Thursday)

Don’t Let ETF Mania Fool You, There Are Plenty of Bearish Bets in U.S. Stocks (B)
In Dot-Com Bubble Time, It’s Still Only 1997 for U.S. Equities (B)
Here Are the Markets Moving on Reports That Trump Will Drop Nafta (B)

Oil rises as US crude stocks retreat for third week (FT)

Le Pen ambushes Macron at factory gate (FT)
Banks Get Serious About Moving Jobs to Frankfurt on Brexit (B)
Deutsche Bank executive warns UK roles at Brexit risk (FT)

US politics
Trump Tax Plan Sets Deep Changes for Individuals, Firms (W)
White House Unveils Trump’s Opening Tax-Cut Bid (B)
Ryan Says Spending Bill Excludes Key Payments to Health Insurers (W)
Freedom Caucus Endorses Revised GOP Health Bill (B)
Mnuchin: Trump Has ‘No Intention’ of Releasing Tax Returns (B)

Geopolitics & trade
U.S. Tariffs Pose New Reckoning on Canadian Lumber (W)
China Launches First Domestically Built Aircraft Carrier (W)

Industries & companies
Consumer: From Diapers to Soda, Big Brands Feel Pinch as Consumers Pull Back (W)
Financials: Tax Cut Would Cost BofA, Citi Billions. Here’s Why They Still Win. (W)
Health Care: Anthem Says ACA Payment Loss Could Cause 20% Premium Hike (W)
Materials: U.S. Steel Posts Surprise Loss, Plans Mill Upgrades (W)
Media: Disney’s ESPN Said to Cut 100 Jobs This Week Amid TV Woes (B)
Retail: The Hedge Fund Manager Who’s Shorting America’s Malls (W)
Tech: In the Chips: Tech’s Sleeping Giant Becomes a $352 Billion Cash Cow (W)
Tech: Tencent Expands Its Cloud-Computing Services in U.S. (W)
Tech: Twitter Surges After Better-Than-Expected Net User Adds (B)
Tech: Gett Acquires Juno for $200 Million to Challenge Uber (B)

America’s Rich Get Richer and the Poor Get Replaced by Robots (B)
Amazon adds eyes to AI ears with smart home camera (FT)

Wall Street’s New Problem: When Fund Titans Invest on the Side (W)