wiar 5-27-17

Mary FanslauWhat I Am Reading

May 27 (Saturday)

Markets
S&P 500 inches up to fresh record close (FT)
YRI Press: Wall Street moves past latest Dow ‘panic attack’ (USA)
As rates rise, investors scramble to lock in gains (P&I)
European stocks coming back into favor (P&I)
Wall Street to CEOs: The Future Is Now (W)

Commodities & currencies
Saudi Arabia and Russia stuck in unlikely oil alliance (FT)

Funds
Investors pouring billions into the hottest part of the stock market (BI)
Harvard’s Hausmann Asks JPMorgan to Cut Venezuela From Index (B)
How to Be Your Own Quant (W)

Central banks
Central banks risk messy ‘market melt-up’ (FT)

US
U.S. GDP Growth Revised Up to 1.2% Rate in First Quarter (W)
U.S. Consumer Sentiment Signals Gains in Spending Remain Likely (B)
Soft US economic data dampens hopes of a rebound (FT)
‘Secular Stagnation’ Even Truer Today, Larry Summers Says (W)
Rural America Is the New ‘Inner City’ (W)
Summary of Quarterly Survey of Public Pensions for 2016 (Census)

Emerging
Brazil Outlook Lowered to Negative by Moody’s on Temer Probe (B)

US politics
FBI Scrutiny of Kushner Brings Russia Probe Into the White House (B)
Trump Pushing Big White House Changes as Russia Crisis Grows (W)
Hillary Clinton Calls Trump Budget Cruel in Wellesley Commencement Speech (W)
Restructuring Pro Prepares His Toughest Turnaround Yet: The Democratic Party (W)

Industries & companies
Amazon: Amazon Opens Grocery Pickup Kiosks to Rival Wal-Mart (B)
Tech: How Apple, Google, Facebook, Amazon, Microsoft make money (BI)

Geopolitics & terrorism
Trump Faces Tensions at G-7 Summit (W)
Six to One Against Trump on Climate in ‘Honest’ Exchange at G-7 (B)
Exxon chief urges Trump to back climate agreement (FT)
Beijing Protests U.S. Patrol in South China Sea (W)
Gunmen in Egypt Attack Bus Carrying Coptic Christians, Prompting Airstrikes on Libya (W)
Police make 10th arrest in search for Manchester bomber’s associates (FT)

Technology
Apple Is Working on a Dedicated Chip to Power AI on Devices (B)
Pretty Soon Electric Cars Will Cost Less Than Gasoline (B)

Offbeat
Talent Battle: Hedge Funds vs. Silicon Valley (W)
Sean Hannity Loses Some Advertisers After Advancing Conspiracy Theory (W)
Does Facebook Make Us Unhappy and Unhealthy? (W)
Your Data Is Way More Exposed Than You Realize (W)