wiar 10-25-17

Mary FanslauWhat I Am Reading

Oct 25 (Wecnesday)

Markets
Strong US earnings lift confidence in global outlook (FT)
David Einhorn Is Wondering If Value Investing Even Works Anymore (B)

Central banks
Trump Asks GOP Senators for Show of Hands on Fed Nominee Choices (B)
Warsh Met With Vice President Pence About Top Fed Job Last Week (W)
ECB Must Strike Right Balance in Scaling Back Bond Purchases (W)
What Happens When the ECB Steps Back From Corporate Bonds? (W)

US
Caterpillar Is the Latest Sign the World’s Economy Hasn’t Looked This Good in Years (B)
More People Think Renting Is a Better Deal Than Buying (W)
How Airbnb Affects Home Prices and Rents (W)

Europe
Germany’s coalition requires compromise (FT)

China
Chinese investment banks face new headwinds (FT)
China Boosts Powers of Xi Jinping as Equal to Mao (W)
Xi’s New Milestone Positions Him to Rule China for Decades More (B)

US politics
Arizona Senator Jeff Flake Torches Trump After Announcing His Retirement (B)
Trump and Corker’s Feud Erupts Again, This Time Over Taxes (B)
Auto industry tells Trump ‘We’re winning with NAFTA’ (R)

Industries & companies
Autos: GM, Fiat Chrysler Shares Climb As Investors Focus on Future (W)
FANGs: Amazon Launches ‘Business Prime’ to Bring Quick Delivery to Work (B)
FANGs: Amazon rivals turn to legal fine print to stem Whole Foods strategy (R)
Financials: Wealthier Depositors Pressure Banks to Pay Up (W)
Industrials: 3M Earnings Jump as Push Into Technology Pays Off (W)
Industrials: Caterpillar on Track to Break Sales Slump (W)
Manufacturing: Corning Gains on Demand for Its Glass for Smartphones (W)
Restaurants: McDonald’s Focus on Low Prices Brings in Customers (W)
Retail: Sears Stops Selling Whirlpool Appliances (W)
Real estate: Big Mall Operator Does the Unthinkable—Builds a Mall (W)

Cryptocurrency
There’s Now a Cryptocurrency Fund-of-Funds (B)
Is an ICO an Investment or a Donation? (W)

Offbeat
Sony’s Pet Project, a New Robot Dog, to Be Unleashed Soon (W)
WeWork Venture to Buy Lord & Taylor’s Flagship Store (W)