wiar 8-12-17

Mary FanslauWhat I Am Reading

Aug 12 (Saturday)

Markets
Corporate America Is Having Its Best Earnings Season in 13 Years (B)
Junk-Rated Stocks Lead S&P 500 to Worst Week Since March (B)
Ageing society spurs flight from US stocks to bonds (FT)
US small-caps suffer worst week since February 2016 (FT)
Weakening demand growth overshadows aluminum (FT)

Wall Street
Who Is Winning With the Fiduciary Rule? Wall Street (W)
JPMorgan Plans to Charge $10,000 for Entry-Level Equity Research (B)

Central banks
The Wait for a U.S. Inflation Pickup Drags On, Clouding the Fed Outlook (B)
Kashkari Says Fed Concerns Over Inflation Based on ‘Ghost Story’ (B)
PBOC to Boost Coordinated Oversight of Key Financial Firms (B)

US
U.S. Consumer Prices Rose Slightly in July (W)
Sticky-Price CPI Increased in July (FRB-ATL)
Why Measuring Inflation Is Such a Tricky Business: Q&A (B)
The Price Still Isn’t Right for Consumers (W)
Number of Americans Caught Underpaying Some Taxes Surges 40% (W)

Geopolitics
Trump Warns North Korea U.S. Military ‘Locked and Loaded’ (W)
Trump matches Kim Jong Un in war of words (FT)
Trump Warns of Potential U.S. `Military Option’ in Venezuela (B)
How Seoul Would Defend Itself Against a North Korean Attack (W)
U.S. Builds Presence in Europe, Despite ‘America First’ Rhetoric (W)

Industries & companies
Autos: Tesla Feels the Bond Market Love in Debut Sale to Fund Model 3 (B)
FAANGs: Facebook Quietly Launches an App in China, But With a Different Name (B)
Pharma: Drug groups face ‘tidal wave’ of opioid lawsuits (FT)
Technology: Another Snap Investor Has Disappeared (B)

Technology
Hewlett Packard Enterprise to Send Supercomputer to Space (W)