wiar 10-20-17

Mary FanslauWhat I Am Reading

Oct 20 (Friday)

Markets
Dow 23000 Comes 30 Years After Black Monday (W)
Beneath the Market Rally: Less Trading (W)
Tech Rout Drags Down Emerging Markets Along With Everyone Else (B)
BlackRock Doesn’t Want Your ETF Fees…At Least Not Right Away (B)
Europe’s Fee-Destroying ETF Revolution (B)

Central banks
The Only Fed Rule Is That There Are No Fed Rules (B)
GOP Divided Over Monetary Policy as Fed Pick Looms (W)
Senate Banking Chairman Says Yellen’s Fed Too Slow to Raise Rates (B)
Trump met Fed’s Yellen in Fed chair search: White House official (R)
The Fed Claims to be Independent. That’s mostly a myth. (N)

US
U.S. jobless claims hit 44-1/2-year low; mid-Atlantic factories humming (R)
Will Seniors’ Spending Catch Up to Their Soaring Optimism? (W)

Europe
‘A long way to go’ in German coalition talks, liberal FDP says (R)
Spain Poised to Strip Catalonia of Powers (W)
Italy’s Renzi pledges to hike budget deficit if he wins election (R)
Italians Have Perfected the Art of Waiting It Out (R)

China
China’s Economic Future Is Bound Up in the Past (W)

US politics
Senate Republicans Expect to Pass Budget Resolution (W)
Changes in Store for Foreign Companies’ Tax Treatment in U.S. (W)
Trump’s Support for Health Fix Tied to Conservatives’ ACA Rollbacks (W)
Proposed Law Seeks More Disclosure About Online Political Ads (W)
Tillerson Vows to Stay On Until He’s ‘No Longer Needed’ by Trump (B)

Geopolitics
Tillerson Warns China on Trade, Territorial Claims (W)
FBI Probes Chinese Businessman Linked to North Korean Trade (W)

Industries & companies
Airlines: United Tumbles After CEO Leaves Wall Street Skeptical of Turnaround (B)
Consumer: Unilever, Nestlé Test Investor Patience With Slower Sales (W)
FANGs: Billions in tax breaks offered to Amazon for second headquarters (R)
FANGs: Facebook to Test News-Subscription Sign-up (W)
FANGs: Apple Watch Hits Cellular Snag in China (W)
Retail: Wal-Mart’s Answer to Amazon? Its Own Web Mall (W)
Tech: PayPal Posts Stronger-Than-Expected Results on Mobile Growth (W)

Technology
Reliability Ratings for Electric Cars Get a Boost (W)

Offbeat
California’s Wildfire Strategy Falls Short on Urban Risk (W)