wiar 5-02-17

Mary FanslauWhat I Am Reading

May 02 (Tuesday)

Markets
Forget sell in May, we’re still buying, investment experts say (C)
Wall Street Fear Gauge VIX Sinks to Decade Low (W)

Oil
US shale oil cannot meet the world’s growing demand for crude, Chevron CEO warns (C)

China
China’s Credit Slowdown Poses a Threat to Global Growth (W)
Is Chinese Growth Overstated? (FRB-NY)

US politics I
GOP Weighs Longer Term for Red Ink Tied to Tax Cuts (W)
Treasury’s Mnuchin: Trump’s tax plan eliminates all but two loopholes (C)
Trump Weighs Breaking Up Wall Street Banks, Raising U.S. Gas Tax (B)
Dodd-Frank ‘out of control,’ Trump tells community bankers (MW)
Trump says he is open to increasing US gasoline tax to pay for infrastructure: Report (C)
Details on infrastructure plan to come ‘pretty soon,’ Transportation secretary says (C)

US politics II
Obamacare replacement bill still doesn’t have votes to pass House (C)
Trump Wants Health-Care Bill to Protect Pre-Existing Conditions (B)
Bipartisan Agreement Reached to Fund Government Through September (N)
BlackRock CEO Fink suggests Trump’s personality could be an economic risk (MW)

Geopolitics & terrorism
Trump Says He’d Meet With Kim Jong Un Under Right Circumstances (B)
Hamas softens stance on Israel, drops Muslim Brotherhood link (R)
U.S. issues travel alert for Europe, citing threat of terrorist attacks (R)

Industries & companies
Financials: Goldman Sachs Embraces Banking’s Bland Side: Lending Money (W)
Technology: Chipmaker AMD’s server business revenue misses, shares drop (R)
Technology: Apple’s Stock Races Ahead as Investors Bet on New iPhones (N)

Offbeat
J.P. Morgan’s Dimon says biggest fear is bad public policy (R)
‘Alt-Left’ Strategist Bannon Isn’t Going Anywhere, Trump Says (B)