wiar 8-15-17

Mary FanslauWhat I Am Reading

Aug 15 (Tuesday)

Markets
Markets Are Already Shrugging Off the Selloff That Barely Was (B)
One Sign Last Week’s Jitters Are Gone: Financial Stocks (W)
Waning North Korea worries push haven assets lower (FT)
Vix ETF Investors? Nah, Just Gamblers in This Stock Market (W)
Japan’s ETF addiction stores up risk for the future (FT)

Commodities, currencies, & credit
Oil ‘God’ Blames Weaker Outlook and Algos in His Goodbye Letter (B)
Bearish bets on dollar rise ahead of Fed meeting (FT)
Investors Take On Mortgage Risk From Taxpayers (W)

Central banks
Fed’s Dudley Says He Still Favors Another Rate Hike in 2017 (B)
Dudley Calls Cohn ‘Reasonable Candidate’ for Fed Chair Position (B)
Draghi faces dilemma as strong euro sparks concern (FT)
With Next Recession Looming, Central Banks Better Make Peace With Negative Rates (B)

Global
How income inequality has shifted since the crisis (FT)

US
Self-Driving Cars Could Affect Jobs of 1 in 9 U.S. Workers (W)

Europe
Eurozone Factory Output Slides (W)

Japan
Japan Posts 4% GDP Growth in Second Quarter (W)
Japan posts longest unbroken growth streak in a decade (FT)

China
Now Advising China’s State Firms: The Communist Party (W)

US politics
Trump Will Get His Tax Cuts, Vast Majority of Economists Say (B)
Tax Reform? Here’s Why Mitch McConnell Can’t Get It Done (C)
Danger of a Republican Bailout of ACA Is Mounting (WT)
Merck CEO Quits Trump Advisory Role in ‘Stand Against Intolerance’ (W)

Geopolitics
China Bans Key North Korean Imports (W)
Amid Korean Tensions, Mattis-Tillerson Show Is Key to the Drama (W)
U.S. General Says North Korea Threats Must Be Taken Seriously (W)

Industries & companies
Airlines: Airlines Dial Up Pampering for Business Class (W)
Pharma: Early Peeks at Drug Trials Are Giving Investors Whiplash (W)
Media: Netflix Signs ‘Scandal’ Creator as Talent Rivalry Intensifies (W)

Corporate finance
U.S. Stock Buybacks Are Plunging (B)

Offbeat
Dark, Cameras, Action: Scientists and Amateurs Prepare for Solar Eclipse (W)
Amazon Issues Eclipse-Glasses Refunds (W)