wiar 11-07-17

Mary FanslauWhat I Am Reading

Nov 07 (Tuesday)

Markets
The Great Bond Bull Market May Be Coming to an End (B)
The Bottom Is About to Fall Out for This Credit Market: CLOs (B)
Oil rises above $64 a barrel after Saudi crackdown (FT)

Central banks
Fed’s Williams Lays Out Case for Considering Price Level Target (B)
The Perennial Problem of Predicting Potential (Williams, FRB-SF)
Implementing Monetary Policy with the Balance Sheet (Potter, FRB-NY)
Speech by Governor Kuroda in Nagoya (Kuroda, BOJ)
Minutes of the Monetary Policy Meeting on September 20 and 21, 2017 (BOJ)

US
GDPNow Forecast for Fourth Quarter Falls to 3.3 Percent (FRB-ATL)

US politics
Here’s Where the GOP Tax Bill Stands Right Now (B)
Lawmakers Begin Marking Up Tax Bill (W)
Analysis Finds 12% of Taxpayers Would Owe More Under GOP Plan (W) | TPC Preliminary Distributional Analysis of the TCJA
Get the Housing Industry Out of the U.S. Tax Code (W)
Ross fights back over links to Russian company (FT)

Geopolitics & trade
Trump Is Leaving Japan Empty-Handed on Trade (B)
Decoding Trump’s China Trade Strategy (W)
Assignment for Trump, Xi and Putin: Stop North Korea (W)
Trump Urges Japan to Buy More U.S. Military Equipment (W)

Industries & companies
FANGS: Amazon Push Into Private-Label Sportswear Makes Quiet Debut (B)
Financials: GOP Tax Plan Jeopardizes Bermuda Reinsurer Loophole
Retail: Toys R Us highlights supply chain fragility (FT)
Telecom: Sprint Says It Will Spend Billions More on Network (W)

Corporate finance
Broadcom Ready to Go Hostile for $105 Billion Qualcomm Deal (B)

Offbeat
Fast Food in China? Tuna-Pesto Paninis, Paying by Facial Recognition (W)
These Hot Restaurants Aren’t on Maps, Only in Apps (W)