wiar 10-09-17

Mary FanslauWhat I Am Reading

Oct 09 (Monday)

Markets
The Meltup Before the Storm? (BR)
The bubble without any fizz (E)
October’s Not as Bleak as Its Reputation for Stock Markets (W)
American public pensions suffer from a gaping hole (E)
[Stock-pickers:] Investors once seen at risk of extinction are headed for their best year since the financial crisis (BI)

Central banks & IMF
Global Financial Stability Report October 2017 (IMF)
How might central banks create and use cryptocurrencies? (BIS)
Interest Rates and the “New Normal” (FRB-SF, Williams)
Estimating Key Economic Variables: The Policy Implications (FRB-BOS, Rosengren)
Fed’s Rosengren Stands Firm on Need for Gradual Rate Hikes (B)
Schäuble warns of another global financial crisis (FT)

US
Long-Term Household Income and Wealth Gains Favor Older Americans (FRB-SL)

Europe
German conservatives seek migrant deal in coalition talks (FT)
An imminent threat to the unity of Spain (E)

China
China Mobile Looks Cheap, but There’s a Catch (BR)
China’s Foreign Reserves Are Declining. Why, and What Effects Could This Have? (FRB-SL)

US Politics
Trump to Sign Order Easing Health Plan Rules, Official Says (W)
Corker Fires Back After Trump Tweets He ‘Didn’t Have the Guts to Run’ (B)
Corker Calls White House `Day Care Center’ After Trump Rant (B)

Geopolitics
U.S. Pressure on North Korea’s Ties Bears Fruit (W)
Trump Says ‘Only One Thing Will Work’ to Rein In North Korea (W)
The International Consequences of US Tax Reform (Project Syndicate)
Mexico’s Berry Bounty Fuels U.S. Trade Dispute (W)

Industries & companies
Autos: Ford has a clear plan to fix its present failings (E)
Consumer: Procter & Gamble vs. Nelson Peltz: A Battle for the Future of Big Brands (W)
FANGs: Amazon Has a Luxury Problem (W)
Retail: Wal-Mart: The Future of Retailing? (BR)
Retail: RH: Pricey Wares, Pricey Shares (BR)
Tech: Tinder Strikes Gold With New Subscription Feature (BR)

Offbeat
Most Oil in Gulf Remains Shut, Thousands in Dark After Nate (B)
NRA Official Opposes Ban on ‘Bump Stocks’ Used in Vegas Massacre (B)