wiar 7-06-17

Mary FanslauWhat I Am Reading

Jul 06 (Thursday)

Signals show equities bull run may have more legs (FT)
Hotels, Cruise Lines, Casinos Among Top U.S. Stocks So Far This Year (W)
Bond sell-off fails to derail Fed’s QE unwinding plans (FT)

Bear Market for Oil Caused by ‘Fake News,’ Says Raymond James (B)
One of Oil’s Most Prominent Bulls Is Sounding Like a Pessimist (B)
Oil No Longer Has All Emerging Market Assets Over a Barrel (B)

Central banks
Fed Officials Ready to Start Shrinking Portfolio in Months (W)
Fed Eyes September Announcement on Balance-Sheet Reduction (W)
Fed Officials Divided on When to Begin Balance-Sheet Unwind (B)
Inside the Fed’s June Meeting: The Annotated Minutes (B)

Retail Apocalypse Can Lead to Suburban Renaissance (B)
U.S. Gas Slides to a 4-Month Low (B)

Eurozone Economy Picked Up Speed in Second Quarter (W)
EU approves Monte Paschi di Siena restructuring (FT)

Japan suffers record decline in population (FT)

China to Hold High-Level Meeting Aimed at Streamlining Financial Regulation (W)
Iran needs more than the gas deal with Total (FT)
Venezuela’s Default Risk Is Rising (B)

US politics
Republicans bogged down in healthcare quagmire (FT)

Geopolitics & trade
U.S. Warns North Korea It’s Ready for War if Provoked (W)
US options narrow on North Korea military action (FT)
Saudi Bloc Slams Qatar ‘Complacency’ Over Gulf Crisis Demands (B)
Global Trade Rebounds Despite Trump’s Protectionist Threats (B)
EU strikes free trade deal with Japan (FT)

Industries & companies
Autos: Volvo to Switch to Electric, in First for Major Auto Firm (W)
Autos: Tesla Sales Fall Flat, Clouding Outlook for Musk’s Bold Targets (B)
FAAMGs: Google’s Record Fine Is Only the Start From the EU (B)

Corporate finance
Many Startups Remain IPO Holdouts (W)
China’s HNA Discovers the Struggles of U.S. Dealmaking (W)

MSNBC’s ‘Morning Joe’ Sets Viewership Record After Trump Tweets (B)
After Penn Station ‘Summer of Hell,’ More Delays, Disruption Expected (W)
In China, Videogames Will Now Start Limiting Screen Time for You (W)