wiar 9-27-17

Mary FanslauWhat I Am Reading

Sep 27 (Wednesday)

Markets
You Just Doubled Your Money If You Invested at the 2007 Market Peak (B)
Why Cheap Stocks Rallied While FANG Tumbled (B)
Why Emerging Markets Aren’t Too Hot to Handle (W)
Here’s How to Profit When the Fed Begins to Unwind (B)

Central banks
Yellen Defends Fed Rate-Rise Plan Despite ‘Mystery’ of Low Inflation (W) | Speech
Yellen Gradualism Doesn’t Mean Policy Halt as Fed Presses Ahead (B)
Yellen warns against tightening ‘too gradually’ (FT)
Atlanta Fed’s Bostic Says He’s Comfortable With a December Rate Increase (B)
Senator Shelby Says He Doesn’t Think Trump Will Reappoint Yellen to Fed (B)

US
U.S. New-Home Sales Declined in August (W)
Declining Male Workforce Participation Reflects Supply, Not Demand, Says New Paper (W)

Europe
Merkel’s Top Challenge Isn’t German Nationalists (B)
Macron Pushes a More Integrated Europe, With Eye on Germany (W)

China
China Clamps Down on Ironman, WhatsApp and Tibet (W)

US politics
Republican Tax Plan to Allow for Top Individual Rate Above 35% (W)
Top Individual Tax Rate Remains Under Discussion in GOP Tax Plan (B)
Senate Scraps Vote on GOP Measure to Repeal Health Law (W)
White House Plans to Set Refugee Cap at 45,000 for Next Fiscal Year (W)

Geopolitics
Trump Says U.S. Is Ready to Use ‘Devastating’ Force on North Korea (B)
Trump, Pressing Campaign to Isolate Pyongyang, Calls North Korea ‘Outlaw’ Regime (W)
Could North Korea Actually Shoot Down U.S. Bombers Off Its Coast? [Maybe.] (W)
U.S. Treasury Adds Eight North Korean Banks to Sanctions List (W)
Tillerson Heads to China Amid U.S.-North Korea Hostilities (W)

Industries & companies
FANGs: Google to Create Shopping Service Unit to Satisfy EU (B)
Retail: Nike Declines After Athletic Giant Gives Bleak Outlook for U.S. (B)
Tech: Twitter Tests Doubling Length Limit to 280 Characters (W)

Cybersecurity
Equifax Security Showed Signs of Trouble Months Before Hack (W)

Corporate finance
Europe’s Banks Finally Start Thinking About Mergers (W)
Alstom, Siemens Announce Merger to Create European Train Business (W)

Technology
Amazon Hopes Alexa Will Boost Music App (W)
Dyson to Spend £1 Billion Making ‘Radical’ Electric Car (B)
Virtual Reality Installations to Start Arriving at AMC Theaters Next Year (W)

Offbeat
Big Investors Want Directors to Stop Sitting On So Many Boards (W)
DirecTV Allows Some NFL Refunds After Anthem Controversy (W)