wiar 10-03-17

Mary FanslauWhat I Am Reading

Oct 03 (Tuesday)

Markets
Stocks are flashing a major sell signal (BI)
As Japan’s Stocks Rally, Is the Recovery Finally Here? (W)

Central banks
ECB’s Praet: Deflation Has Disappeared (W)
Fed’s QE unwind set to unleash US bank competition (FT)

US
Manufacturing in U.S. Expands at Fastest Pace in 13 Years (B)
ISM Manufacturing Index Rises to 60.8 in September (W)
Debt Keeps Rising and Nothing Bad Happens (B)

Europe
Euro Factories Add Jobs in Struggle to Keep Up With Orders (B)
Spain Vows to Double Down on Catalonia Opposition (B)

Japan
Abe’s Support Falls in Two Polls Ahead of Snap Election (B)
Japan Tankan Survey (BOJ)

China
China Methodically Takes Global Lead in Electric Cars (W)

US politics
GOP Tax Blueprint: Not Every Corporation Will Benefit (W)
One Sentence in the GOP Tax Plan Has Multibillion-Dollar Implications (B)
Buckeyes Offer Blueprint for Infrastructure Billions (B)
Trump’s Puerto Rico Feud May Cause Lasting Damage to the GOP (B)

Geopolitics & terrorism
Las Vegas Shooting Leaves at Least 58 Dead, More Than 500 Injured (W)
Islamic State Claims Las Vegas Mass Shooting [Without Evidence] (B)
Five Things to Know About Mass Shootings (W)
Between War and Acceptance, a Third Way on North Korea (W)
Trump had an unusual plan for trade negotiations with South Korea (BI)

Cybersecurity
SEC Says Hackers Accessed Personal Information (W)
Equifax Has Amassed Salary Details for People at 7,100 Companies (B)
Equifax Made Major Errors That Led to Hack, Smith Concedes (B)

Industries & companies
Autos: Automakers Plan Electric Car Blitz as Tesla Burns Billions (B)
Autos: GM could release a self driving car ‘within quarters, not years’ (BI)
Financials: Hurricanes, Earthquakes Rack Up Huge Bill for Insurers (W)
Pharma: Shire Alleges Allergan Blocked Drug From Medicare (W)
Pharma: FDA Chief: High Drug Prices ‘Public Health Concern’ (W)
Retail: Nordstrom Drops on Report Its Buyout Deal Is Losing Support (B)
Tech: Why Apple Rival Samsung Also Wins If iPhone X Is a Hit (W)

Offbeat
Goldman Explores a New World: Trading Bitcoin (W)
Manhattan Condos Are Barely Yielding More Than Government Treasuries (B)