wiar 5-10-17

Mary FanslauWhat I Am Reading

May 10 (Wednesday)

Markets
Markets Are Doing Nothing, and Investors Have Nowhere to Hide (B)
Investors Shift Bets From U.S. Stocks to Europe at Fast Clip (W)
China Stocks Adored Abroad as Local Investors See Losses Mount (B)
Appetite returns for riskier US corporate debt (FT)
When bonds track more than their economies (FT)

Commodities
Shale Drillers Are Outspending the World With $84 Billion Spree (B)

Central banks
Fed Won’t Sink MBS Market as Balance Sheet Slims, Rosengren Says (B)

US
Hiring and Job Opening Rates Held Steady During Weak Month of March (W)

Europe
Politicians face re-engaged German voters in poll (FT)
Macron’s Economic Plans Draw Pushback in France (W)
Next-generation Le Pen to step down from politics (FT)
Canadian Fund With $6 Billion War Chest Picks London for EU Hub (B)

China
China’s Exporters Catch a Break (B)
Chinese Millennials—Already Big Homeowners—Use Apps to Snap Up Overseas Property (W)

US politics
Trump Fires Comey as FBI Chief (W)
Senate GOP Plans Secret Health Debate That May Take Months (B)
Deadline Looms for GOP’s Effort to Undo Obama Rules (W)
Trump’s tax plan tries to take away the drinks tray (FT)
Trump Unfazed by Talk of Probe Into Russian Business Links (W)
Trump Preparing Certified Letter Attesting to No Russia Ties (B)

Geopolitics & trade
Nafta Revamp Is Slowed by Senate Maneuvering (W)
Mexico’s problems threaten to undermine Nafta talks (FT)
Trump Set to Arm Kurds in ISIS Fight, Angering Turkey (W)
S Korea’s new president set to rebalance region (FT)
In Russia, Leaked Documents Rattle the Kremlin (W)

Industries & companies
Autos: Ford’s Board Pressures CEO (W)
Autos: Hertz Shares Plunge on Wide Earnings Miss (W)
Financials: JPMorgan Tells Banks to Partner Up as U.S. Deposit Drain Looms (B)
Media: Disney’s ESPN Looks to an Online Future, as Cable Subscribers Decline (W)
Media: Walt Disney profits boosted by Beauty and the Beast (FT)
Media: Video game maker EA posts 17% rise in quarterly revenues (FT)
Retail: To Set Prices, Stores Turn to Algorithms (W)
Tech: Apple Becomes First U.S. Company to Top $800 Billion Value (B)
Tech: Apple Pushes Into Analyzing Your Sleep With Beddit Acquisition (B)
Tech: Snapchat Shuns Typical Global Approach (W)
Tech: Alipay and WeChat Pay Make Push Into U.S. (W)

Technology
Amazon Unveils Echo Show Capable of Video Calling (W)
Amazon adds screen to smart speaker with Echo Show (FT)
Bitcoin Blows Past $1,700 Mark, Up 80% This Year (W)
Facebook Says It Found Faster Way to Translate Through AI (B)

Offbeat
CFA Exam to Add Big Data, Artificial Intelligence as Topics (B)
China Is Building a Disney World for Wine (B)
Why millennials are at risk of burnout (FT)