wiar 10-26-17

Mary FanslauWhat I Am Reading

Oct 26 (Thursday)

Markets
Earnings Are Fraying Nerves Already With Amazon and Google Still to Come (B)
The FANG Stocks Are Selling Off Again Ahead of Earnings (B)
The Morningstar Mirage (W)

Central banks
Trump Says He Is Thinking About Keeping Yellen as Fed Leader (W)
Trump Wants to Make Own Mark on Fed But Calls Yellen ‘Terrific’ (B)
Yellen Is the Standout Fed Candidate If You Go by Trump’s Tweets (B)
Trump Decides Against Gary Cohn for Fed Chair (B)
Forget ECB’s Taper, Investors Want to Know About Rates (W)
The Outsiders: How Swiss, Others Survived ECB Bond Buys (W)

US
New Home Sales Growth Surges to 25-Year High (W)
U.S. Durable Orders Rose 2.2% in September (W)
Health Care Will Drive Jobs Growth in the Coming Decade (W)

Japan
How Foreign Workers in Japan Are Helping—and Hurting—the Economy (W)

China
China’s Xi Promotes No Clear Heir, Opening Door to Stay in Power For Decades (B)
The Seven Men Who Will Rule China for the Next Five Years (B)
China’s Silk Road Cuts Through Some of the World’s Most Corrupt Countries (B)

Emerging
Saudi Arabia Just Announced Plans to Build a Mega City That Will Cost $500 Billion (B)

US politics
State Break May Imperil Vote to Begin Tax Debate, Lawmaker Says (B)
Top House tax writer suggests 401(k) changes could still happen, contradicting Trump (C)
Cohn Floats Idea of Gas Tax Hike for Infrastructure (B)
Tracking deregulation in the Trump era (Brookings)
Sen. Schumer calls Treasury Secretary Mnuchin a liar and a ‘suck up’ to Trump (C)

Cybersecurity
New Ransomware Outbreak Spreads Through U.S., Russia and Ukraine (W)
The real threat from North Korea is in cyber space (FT)

Industries & companies
Autos: The 10-Year Plan to Make Cadillac Cool Again (W)
Consumer: Coke Zero Sugar Helps Coca-Cola Hold On to Soda Drinkers (W)
FANGs: Amazon wants you to let its delivery people into your home but the internet is wary
FANGs: Amazon’s Stab at Allowing Brick-and-Mortar Returns Is Deemed Underwhelming (B)
Financials: Congress Makes It Harder to Sue the Financial Industry (W)
Financials: Uber Chooses Barclays and Visa for Its No-Fee, Co-Brand Credit Card (B)
Pharma: OxyContin Maker Probed Over Opioid Relief Claim (B)
Retail: Hilfiger Says Making Clothes in America Remains Impossible Dream (B)
Tech: Snap, Twitter Battle for Second Place—by Different Measures (W)

Corporate finance
Vistra Energy Nears Deal to Buy Dynegy (W)

Offbeat
Amazon’s Dream of Drone Deliveries Get Closer With Trump’s Executive Order (B)
Overstock Is the Latest Stock to Surge Thanks to the Cryptocurrency Craze (B)