wiar 9-06-17

Mary FanslauWhat I Am Reading

Sep 06 (Wednesday)

Markets
September’s Bringing Tons of Catalysts to Shatter Market Calm (B)
Beneath the Surface, the Stock Market Is Going Wild (B)
Does Massive Inflow Into Bond ETFs Spell Bubble? (IBD)
Lots of Liquidity Isn’t Always Better (B)
Traders are increasingly worried that the US government may soon run out of ways to pay its bills (BI)
Copper prices surge to near three-year highs (FT)

Central banks
Fed’s Brainard: Weak Inflation Argues for Caution on Further Rate Rises (W) I Speech
Kashkari: Fed May Have Harmed U.S. Economy With Rate Hikes (B)
ECB Expected to Signal Stimulus Phase-Out (W)
Why BOJ Should Stop Being Obsessed With 2% Inflation Goal (B)

Europe
Eurozone Growth Seen Easing Slightly (W)
German vote takes back seat to monetary moves (FT)
Liam Fox: Britain does not have capacity to strike trade deals now (PO)

Japan
The fears about Japan’s debt are overblown (FT)

China
China hits booming cryptocurrency market with coin fundraising ban (R)
China’s Big Banks Still Have a Credibility Gap (W)
China rewrites history with new censorship drive (FT)

Emerging
Russia’s inflation drops to its lowest level since the collapse of the Soviet Union (BI)
Merkel Dials Down Tone on Ending Turkey’s EU Membership Bid (W)

US politics
‘Big Six’ Policy Group Faces Decision Time on Tax Changes (W)
Industry Groups Push for Repeal or Delay of Two Obamacare Taxes (W)
Trump Rescinds Protections for DACA Immigrants (W)
Trump Confronts Accelerating Russia Probes on Multiple Fronts (B)

Geopolitics
North Korea Gives Defiant Response to U.S. Over Latest Nuclear Test (W)
Trump Says U.S. May Boost Arms Sales to Asia Allies (W)
Putin Warns U.S. Against Sending Weapons to Ukraine (W)
Putin Echoes China in Spurning U.S. on North Korea Sanctions (B)
China’s Oil Lifeline to North Korea Targeted After Nuclear Blast (B)
Why Xi Jinping Refuses to Go Ballistic Over North Korea (W)
N Korea’s nuclear endgame: deterrence or aggression? (FT)
What War Between North Korea and the U.S. Might Look Like (B)

Industries & companies
Airlines: The Five Biggest Airlines Plunged in August, Wiping Out $10 Billion (B)
Cruise Lines: Cruise Line Stocks Plunge as Hurricane Irma Threatens Caribbean (B)

Media: Verizon Wants to Build an Advertising Juggernaut—It Needs Your Data First (W)

Pharma: Don’t Ignore Big Pharma’s New Breakthrough (W)

Corporate finance
United Technologies to Buy Rockwell Collins for $23 Billion (W)
Airbus Warns United Tech to Deliver on Orders Rather Than Deals (B)
Boeing Balks at United Tech-Rockwell Deal (W)
Houston Slows But Doesn’t Stop Energy M&A (B)
Retailers to Amazon: pick me, pick me (FT)

Technology
Take Elon Musk Seriously on the Russian AI Threat (B)
Nvidia to Play Big Role in ‘Huge’ Wal-Mart Cloud Push, Says Global Equities (BR)
Automation Kills Jobs in Retail—and Replaces Them With Better Ones (W)

Offbeat
Irma Tops Storm Scales as Florida Preps for Catastrophic System (B)
Houston Rockets Sell for $2.2 Billion, Breaking NBA Record (B)