wiar 10-02-17

Mary FanslauWhat I Am Reading

Oct 02 (Monday)

Markets
Bears, Return to Your Caves—at Least for Now (BR)
Will Index Funds Share the Nifty 50’s Fate? (BR)
Carry Phase in Emerging Markets Is Coming to an End, BofA Says (B)

Credit & currencies
Inflation Hopes Spur Bond Yield Gain (W)
Beaten-Down Dollar Bounced Back in September (W)

Central banks
China’s Central Bank Unveils Targeted Lending Plan to Aid Growth (B)
China Steers Credit to Small Business With Targeted Reserve Cut (B)
Trump Ramps Up Fed Chair Search With Decision Due Within Weeks (B)

US
Personal Saving Is Much Stronger Than It Looks (BR)

Europe
The spotlight shifts from Germany to France (E)
Catalans Support Secession in Vote Boycotted by Some (W)
Catalan secessionism is bad for Spain and Europe (FT)
Rajoy faces huge task after Catalonia referendum (FT)

Japan
Japan’s early election puts its economic recovery at risk (E)
Japanese Megabanks’ Tight Spot (B)

US tax reform
Wall Street Counting Its Tax-Cut Chickens Early (BR)
Cohn Says Repatriation Tax Rate Will Be in ’10-Percent Range’ (B)
Trump Team Pushes Back Against `Tax Cuts for Wealthy’ Critics (B)
The Link Between Economic Growth and Tax Cuts Is Tenuous (W)
Tax Reform’s Winners and Losers (BR)

US politics
Trump’s Change of Heart Puts $1 Trillion Building Plan in Limbo (B)
No, Trump Didn’t Botch the Puerto Rico Crisis (B)

Geopolitics
Trump Tells Tillerson Talking to North Korea Is Waste of Time (W)
North Korea has brought America and China closer (E)

Industries & companies
Financials: J.P. Morgan’s Record High Crowns Bank-Stock Rebound (W)
Financials: AIG sheds $150m in costs along with Sifi label (FT)

Corporate finance
New App Gives Small Investors a Shot at IPOs (BR)