wiar 9-22-17

Mary FanslauWhat I Am Reading

Sep 22 (Friday)

Markets
What Passive Buying and Selling Means for Stocks (W)
There’s a New Yield Curve to Predict Recessions (B)
This Hedge Fund Investor Says China Bears Are Missing Something (B)

Oil
Shale Billionaire Hamm Slams ‘Exaggerated’ U.S. Oil Projections (B)

Central banks
$2 Trillion Later, Does the Fed Even Know if Quantitative Easing Works? (W)
The New Fed Team Will Inherit Inflation Miss That’s Mystifying Yellen (B)
Yellen refuses to be thwarted by low-inflation mystery (FT)
Confident Fed Sets Stage for December Rate Increase (N)

US
Fed Says Total U.S. Household Net Worth Rose (W)
Baby Boomers’ New Job: Unpaid Care for the Elderly (W)
CVS Health Moves to Limit Access to Opioid Painkillers (W)

Europe
Le Pen Dumps Chief Euroskeptic, Signaling Shift for National Front (W)

Japan
Japan Is Discovering the Power of Painkillers (B)

China
S&P Lowers China’s Credit Rating (W)
China’s Banking System Won’t Collapse, Former Bank Director Says (B)

US politics
Tax Reform for the Rich: Reduce the Rates but Lose the Breaks (N)
GOP Pushes McCain to Back ‘Last Best Hope’ for Obamacare Repeal (B)

Geopolitics
Trump Boosts North Korea Sanctions, Adding Economic Pressure (B)
Kim says US will ‘pay dearly’ for Trump’s insults (FT)
U.S. Complaints on Iran Nuclear Deal Put EU Under Pressure (W)
Trump Says ‘I’ll Let You Know’ if U.S. Will Stay in Iran Deal (W)
Facebook Says It Will Hand Over Russia-Backed Ads to Congress (W)

Cybersecurity
Top SEC Officials Only Recently Told of 2016 Filings Hack (W)
Singapore Ranks First as Launchpad for Global Cyber Attacks (B)
Someone Made a Fake Equifax Site. Then Equifax Linked to It. (N)

Industries & companies
Autos: Daimler to Invest $1 Billion in Alabama Plant (W)
FANGs: Apple’s Latest Products Get Rare Mixed-Bag Reviews (B)
FANGs: Amazon Puts Whole Foods on Fast Track to Supermarket (W)
FANGs: Facebook Plans Big Overhaul of Political Ads After Criticism (B)
Financials: U.S. Considers Dropping Federal Oversight of AIG (W)
Media: Music Industry Recovery Continues, Powered by a Surge in Subscriptions (W)
Retail: How Grocery Giant Aldi Plans to Conquer America: Limit Choice (W)
Tech: Hewlett Packard Enterprise Is Said to Plan About 5,000 Job Cuts (B)
Tech: EU Preps Tax Crackdown on Silicon Valley (W)

Corporate finance
Corporate America Has Amassed a Record Amount of Cash (B)

Offbeat
Lonely Young Man Seeks Woman to Keep in a Tube[: AI Relationships in Japan] (B)
‘Catch Me if You Can’ Scam Artist Has a Warning for Today’s Consumers (W)
Amazon bones up on history with eye on ‘smart glasses’ (FT)