wiar 8-10-17

Mary FanslauWhat I Am Reading

Aug 10 (Thursday)

Markets
Long-Only Mutual Funds Have Turned Into the Stock Market’s Daredevils (B)
Forecast-beating US earnings fail to drive stock rally (FT)

Central banks
Fed’s Evans Sees September Balance Sheet Move (B)
Bullard Says Yellen Successor Should Hold More Press Conferences (B)

US
U.S. Can’t Get Breakout Economic Growth With Productivity This Low (W)
Silicon Valley stalls hiring of foreign tech workers (FT)
Baby Boomers Who Refuse to Sell Are Dominating the Housing Market (B)
Indiana Highway Gives ‘Black Eye’ to Private Investment in Infrastructure (W)

Europe
Germany’s young voters back ‘grandmother’ Merkel (FT)

China
China’s Consumer Inflation Slows Unexpectedly in July (W)

Japan
Abe Tries to Fix His Tarnished Image (B)
Japan’s Biggest Bank Is Looking for Overseas Talent (B)

US politics
FBI Raided Home of Manafort in Russia Probe (W)
Mueller Left Millions in Salary, Speeches to Lead Russia Probe (B)

Geopolitics
Trump Boasts U.S. Arsenal Is ‘More Powerful Than Ever’ (W)
Trump’s Nuclear Weapons Arsenal Isn’t Any Different Than Obama’s (B)
Mattis Reinforces Trump Warning to North Korea (W)
Trump takes ‘try everything’ approach to North Korea (FT)
North Korea threatens Guam after Trump ‘fire and fury’ vow (FT)
U.S. Trade Actions in China Lag as North Korea Takes Precedence (W)

Industries & companies
Financials: BofA’s New Premium Rewards Card Comes With a Twist (W)
Media: 21st Century Fox Earnings Buoyed by Cable TV Business (W)
Media: Disney takes on Netflix with streaming services (FT)
Technology: Chinese app developers lodge Apple complaint (FT)
Travel: Priceline, TripAdvisor Cut Revenue, Hotel Bookings Forecasts (W)

Corporate finance
Altice lines up $185bn pitch for cable group Charter (FT)
Vantiv strikes £9.3bn deal to buy rival Worldpay (FT)
Software Maker Docker Is Raising Funding at $1.3 Billion Valuation (B)

Technology
Silicon Valley Startup Grail Sees Hope For Cancer Blood Test (B)
The Quant Fund Robot Takeover Has Been Postponed (B)

Offbeat
NYC Council Approves Midtown Rezoning, Paving Way for New Towers (B)
Aug. 9, 2007: The Day the Mortgage Crisis Went Global (W)