wiar 10-05-17

Mary FanslauWhat I Am Reading

Oct 05 (Thursday)

Markets
Puerto Rico Bonds Sag After Trump Hints at Erasing Debt (W)
Trump Speaks and a $3.8 Trillion [Muni-Bond] Market Hears an Existential Threat (B)

Central banks
Fed has no reliable inflation theory, says Tarullo (FT)
Yellen: Fed Should Make Sure Bank Rules Aren’t Too Burdensome (W) | Speech
Digital Innovations, Finance and Central Banking (BOJ)

US
U.S. Service-Sector Activity Accelerated in September (W)
ADP: U.S. Private Sector Adds 135,000 Jobs in September (W)

Europe
Eurozone Retail Sales Fall Again, Posing Quandary for ECB (W)
Spain Tense as Catalonia Moves Toward Secession (W)

US politics
Talking Taxes: The Sacred Cows of the Tax Code (W)
Republicans Hammer Out Child Tax Credit Details (W)
Rex Tillerson says he ‘never considered’ resigning; does not deny calling Trump ‘moron’ (C)
Senators to Pitch Bill Regulating Political Ads on Social Media (W)

Cybersecurity
Senators Rip Credit-Reporting Model in Wake of Equifax (W)
Failure Has a Name at Equifax. Al Franken Says It’s ‘Gus’ (B)
Russian Spy Tactic: Hack Smartphones of NATO Soldiers (W)
Key Lawmaker Calls for SEC to Delay Trading Database (W)

Industries & companies
FANGs: Google Doubles Down on Hardware With New Phones and Speakers (W)
FANGs: Google Releases Small Camera That Echoes Google Glass (B)
FANGs: Amazon and Apple hit by EU tax crackdown (FT)
FANGs: Amazon Must Pay $300 Million in Back Taxes, EU Says (W)
FANGs: Another Thing Amazon Is Disrupting: M.B.A. Recruiting (W)
Media: UBS: Netflix will remain the ‘clear global leader’ in video streaming (BI)

Las Vegas tragedy
Las Vegas Gunman Rapidly Amassed an Arsenal of Weapons (W)
Vegas Killer’s Girlfriend Says He Left Her in the Dark (B)

Offbeat
Trio Win Nobel in Chemistry for 3-D Molecular Imaging (W)