wiar 10-10-17

Mary FanslauWhat I Am Reading

Oct 10 (Tuesday)

Markets
Wall Street pauses before earnings season (C)
The Economy Is Humming. Bankers Are Cheering. What Could Go Wrong? (N)
Financials and healthcare weigh on Wall Street (FT)
How Bonds Will Trade Trump’s Fed Pick (B)

Funds
What ‘Liquidity’ Means for Fund Investors (W)
ETF Trading Volume Slumps to Near Three-Year Lows (W)

Oil
OPEC Chief Says Floating Storage Is Shrinking (B)

Central banks
Central Banks Pull Back as Global Growth Picture Brightens (W)
ECB: Banks’ Capital Buffers Are Big Enough to Cope With Higher Rates (W)

Global
Global Economy Set for Strong Growth Into 2018 (W)
Political hotspots across globe keep investors cautious (FT)

US
A Four-Year Degree Is Still a Gateway to Greater Wealth in U.S. (B)
Americans Face a Rising Risk of Dying Alone (B)

Europe
Amazon faces US tax bill after European ruling (FT)
Apple’s Cook Meets Macron in Paris Amid Calls for Tech Taxes (B)
Merkel Agrees to Cap Number of Refugees Entering Germany (W)

Japan
Investors relaxed over Japan’s election uncertainty (FT)

Emerging
What Contagion? Only Turkish Assets Are Suffering Nation’s Woes (B)

US politics
These Are the Tax Issues Threatening to Divide Republicans (B)
The Trump administration just revealed how it wants to make going public easier for companies (BI)
Report: A Financial System That Creates Economic Opportunities (US Treasury) | Press release
Trump moves to scrap Obama coal-fired power rules (FT)
Trump makes opening demands for ‘Dreamer’ deal — including funding for the wall (BI)

Geopolitics & terrorism
Google Identifies Russian Election Interference on Network (B)
Russia threatens severe curbs on US media (FT)
‘Policy didn’t work!’: Trump tweets of North Korea after hinting at war (BI)
Why the U.S. and Turkey Are Suddenly in a Major Standoff (B)
France: the permanent state of emergency (FT)

Industries & companies
Autos: GM’s Conundrum: Too Many Factories Making Slow-Selling Cars (W)
FANGs: Peering Inside Google’s $19 Billion Black Box (B)
FANGs: Is Facebook’s model spinning out of control? (FT)
FANGs: Amazon’s Sales Tax Fight Is Heating Up as States Crack Down (B)
Industrials: Investors Just Placed Their 2nd Biggest Ever Bet on Industrials (B)
Industrials: GE Gives Trian Board Seat as CEO Reviews Strategy (W)
Pharma: California Drug Price Bill Becomes Law as Legal Fight Looms (B)
Restaurants: Carl’s Jr. Sends Message to Amazon on Twitter: Please Buy Us (B)
Retail: America’s Retailers Have a New Target Customer: The 26-Year-Old Millennial (W)
Retail: Ikea turns to ecommerce sites in online sales push (FT)

Technology
Alphabet Gets Approval for Giant Balloons to Restore Puerto Rico’s Wireless Service (W)
Betting on bitcoin is like betting on the internet in the 90s (BI)
Want to Ditch Social Security Numbers? Try Blockchain (B)

Offbeat
Nobel Prize in Economics Awarded to Richard Thaler (W)
Fire Ravages Napa Valley (W)