wiar 5-06-17

Mary FanslauWhat I Am Reading

May 06 (Saturday)

Markets
Quantitative Investing: a Crisis Waiting to Happen (W)
Valuation expert Damodaran says he ‘doesn’t get’ Shiller’s portfolio advice (C)
Virtu CEO Aims to Be Good Guy of High-Speed Trading (W)

Commodities & currencies
Oil Hovers Near $46 as Shale Revival Cancels Out OPEC Efforts (B)
5 Charts Explain Crude Oil’s Sudden Nosedive Toward $45 (B)
Surging Copper Stockpiles Point to Concerns Over Global Demand (B)
Templeton Says Emerging-Currency Rally Is Just Getting Started (B)

Central banks
Fed should start trimming balance sheet in second half: Bullard (R)
Fed’s Williams pushes new approach to U.S. inflation goal (R) | Speech
Fischer: Committee Decisions and Monetary Policy Rules (FRB)

US
U.S. Economy Added 211,000 Jobs in April (W)
Tight Jobs Market Equals Higher Pay, Lower Profits (W)
Labor Slack’s Vanishing Act Signals U.S. Wage Gains Coming Soon (B)
Jobs make a comeback, unemployment rate drops to the lowest in a decade (BI)
Wage growth slows down (BI)
Labor force participation ticks down (BI)
Men Slowly Return to the Labor Force (B)
Yellen Says More Women in U.S. Workforce Would Help Boost Growth (B)

Europe
Poll boost for Macron as French campaign enters final kilometre (FT)
In French Election, Voters Can Choose Le Pen, Macron—Or No One (W)
Power behind Macron is his best friend and wife (FT)
A Curious Calm in Italy’s Drama (B)
Blankfein Says City of London Growth May ‘Backtrack’ on Brexit (B)

China
Economic Survey of China 2017 (OECD)
After Months of Steady Growth, Economists See China Slowing (W)
Commodities Slump Fueled by Softening Demand From China (W)
China’s Booming Service Industry Can’t Keep Up With College Grads (B)
China’s New Jet Completes First Flight as Xi Modernizes Economy (B)

Japan
Shinzo Abe’s wager on weaning Japan off pacifism (FT)

Emerging
Former presidents warn crisis deepening in S Africa (FT)

US politics
Trump signs spending bill to avert government shutdown (C)
What’s at Stake Under New GOP Health-Care Bill (W)
14 Players to Watch in Senate Health-Care Overhaul (W)
Democrats celebrate Trump’s healthcare victory (FT)
Trump Campaign Associates Questioned Over Russia Ties (W)
Barack Obama and the Big $400,000 Question (Project Syndicate)

Geopolitics & trade
North Korea says CIA tried to kill Kim Jong Un (FT)
U.S. Aircraft Barred From Syria Safe Zones, Russia Says (W)
Putin awaits return on Le Pen investment (FT)
Forget the tough trade talk: Some US leaders are courting Chinese investment (C)
New cyber ‘guerrilla’ attacks evade detection (FT)

Industries & companies
Retail: Wal-Mart Wants to Know When Your Milk Is About to Expire (W)
Tech: Cramer: Warren Buffett’s decision to sell shares ‘devastating’ for IBM (C)

Corporate finance
Syngenta Shareholders Accept ChemChina’s $43 Billion Offer (W)
Companies Rack Up Profits, but Aren’t Ready to Spend Them (W)
Here are the companies hoarding the most cash outside America (BI)

Technology
Europe Leads as Industrial 3-D Printing Takes Shape (W)

Offbeat
Stephen Colbert’s Trump Comments Face FCC ‘Obscenity’ Scrutiny (W)