wiar 10-06-17

Mary FanslauWhat I Am Reading

Oct 06 (Friday)

Markets
U.S. Stocks Extend Run of Record Highs (W)
Groupthink Leaves Half the Stock Market a Crowded Trade (B)
Trump tax reforms risk crimping US bond market supply (FT)

Oil
Russia and Saudi reaffirm oil supply cut pledge (FT)
Shale Juggernaut Shows Signs of Fatigue (W)

Central banks
Randal Quarles, Trump’s First Fed Nominee, Wins Senate Approval (W)
Trump’s Short List for Fed Chair Features These Hawks and Doves (B)
The One Fed Choice That Would Really Spook The Bond Market: [John Taylor] (B)
Renzi warns ECB against changes to bad loan rules (FT)

Bitcoin
Forget Bitcoin. Have You Heard of IMFCoin? (W)
Bitcoin’s Rise Happened in Shadows of Finance. Now Banks Want In (B)

US
U.S. Trade Gap Narrowed in August (W)

Europe
Spain Moves to Block Catalan Parliament Session on Independence (W)

Japan
Abe’s Free Education Plan May Slow the BOJ’s Inflation Drive (B)

Emerging
Modi hits out at ‘pessimism’ over Indian economy (FT)

US politics
U.S. House Advances Budget Resolution (W)
GOP Hits Resistance on Estate-Tax Repeal—From Republicans (W)

Geopolitics & trade
North Korea ‘Decoders’ Offer Dire Warnings About Nuclear Program (W)
A North Korea Nuclear Strike on Tokyo and Seoul Could Kill 2.1 Million (B)
Whirlpool Wins Backing for Import Protection From Key U.S. Panel (W)
Five Things to Know About Hidden Russian Influence on Social Media (W)

Cybersecurity
Russian Hackers Stole NSA Data on U.S. Cyber Defense (W)
Ex-Equifax CEO Says There’s No Evidence Breach Was an Inside Job (B)

Industries & companies
FANGs: Amazon Is Prime Job for New M.B.A.s (W)
FANGs: Amazon Is Testing Its Own Delivery Service to Rival FedEx and UPS (B)
Financials: New U.S. Rule Targets Payday Loans (W)
Media: Netflix Increases Price 10% for Its Most Popular U.S. Plan (B)
Pharma: New Jersey Sues Insys Over Opioid Painkiller (W)

Offbeat
YouTube Tweaks Search Results as Las Vegas Conspiracy Theories Rise (W)
Tropical Storm Nate Threatens U.S. Gulf Coast (W)