wiar 5-29-17

Mary FanslauWhat I Am Reading

May 29 (Monday)

There’s Something Manic About This Market (BR)
It’s Time for Investors to Pounce on Banks (BR)
Be Wary of Hedge Fund ETFs (BR)
Bitcoin and Tech Stocks: A 21st Century Tulipmania? (BR)
Why investors aren’t giving up on bitcoins (NYP)
Bullish on Emerging Markets, Bearish on U.S. (BR)
U.S. Companies’ Rising Stash of Cash (BR)

China April industrial profits up 14 percent but slowing pace stokes economy worries (R)
Brazil’s Car Wash Scandal Reveals a Country Soaked in Corruption (B)

US politics
Trump Lashes Out at Media After Ducking Press Questions on Trip (B)
Trump son-in-law had undisclosed contacts with Russian envoy – sources (R)
Homeland security secretary Kelly: ‘I don’t see any big issue’ in Kushner-Russia back-channel (BI)
Trump just wrapped up his first trip abroad — here’s where past presidents traveled in their first year (BI)
Trump’s Deficit-Cutting Plan Isn’t Realistic (BR)

Geopolitics & terrorism
U.S. Shifts Strategy in War on ISIS (W)
Mattis Says U.S. Plans to ‘Take Apart’ Islamic State Caliphate (B)
Merkel Signals New Era for Europe as Trump Smashes Consensus (B)
Europe can no longer fully rely on allies: Merkel (R)
Trump adviser says US is fully behind Nato (FT)
North Korea fires Scud-class ballistic missile, Japan protests (R)
Japan will take steps with U.S. to deter North Korea: PM Abe (R)
U.S. might ban laptops on all flights into and out of the country (R)
Britain says some of Manchester bomber’s network potentially still at large (R)

Companies & industries
Autos: Ford Races Toward an Exciting Future (BR)
Autos: How Robo Cars Will Impact Everything Else (BR)
Financials: Why Banks Haven’t Been Burned by Retail’s Meltdown (W)
Materials: International Paper: 25% Upside and a Nice Yield (BR)
Tech: Apple Is Working on a Dedicated Chip to Power AI on Devices (B)

Universal basic income would fail to cut poverty, says OECD (FT)
Summer Beach Reading for Investors (BR)