wiar 10-30-17

Mary FanslauWhat I Am Reading

Oct 30 (Monday)

Markets
Why Are Markets Rising Everywhere? Investors Can’t Stop Buying Every Dip (W)

Central banks
Trump Likely to Name Jerome Powell Next Fed Chairman—Source (W)
Our Next Fed Chief (BR)
Inflation: The Slumbering Giant Begins to Stir (W)

US
U.S. Consumer Sentiment Rises to Highest Level Since Early 2004 (B)

Europe
Italy Faces Challenge of Living Without ECB Alchemy (W)
Italy’s fourth-biggest bank returns to the stockmarket (E)

Japan
Japan to Young Investors: Loosen Up (W)
After his election success, Japan’s leader takes aim at pacifism (E)

US politics
Businesses Step Up Lobbying on Taxes, Deploying Workers (W)
House Tax Writer Gives Ground on a State and Local Tax Break (B)
Home Builders Will Oppose Republican Tax Bill (W)
No Tax Cut? No Worry for Wall Street (BR)
Will corporate tax cuts boost workers’ wages? (E)
Trump Fires Off Tweets a Day Before Russia Probe Charges May Drop  (B)

Geopolitics
Mattis seeks to tone down war talk on Korean border (FT)
Foreign Companies in China Get a New Partner: the Communist Party (W)
Big Tech forced to answer public questions on Russia ads (FT)

Industries & companies
Biotech: Biotech in the Bargain Bin (BR)
eCommerce: The age of Amazon and Alibaba is just beginning (E)
FANGs: The Race to Rein In Facebook Has Begun (W)
Pharma: The Wonder Drug for Aging (Made From One of the Deadliest Toxins on Earth) (B)
Retail: Target’s Renovation Could Pay Off Nicely for Investors (BR)
Tech: What Blowout Earnings Say About Big Tech (BR)

Corporate finance
The Virtues of a CVS Deal for Aetna (BR)

Offbeat
Jeff Bezos Passes Bill Gates to Become the World’s Richest Person (B)
The Most Amazing Futuristic Cars at the Tokyo Motor Show (B)