wiar 11-09-17

Mary FanslauWhat I Am Reading

Nov 09 (Thursday)

Markets
What Has Driven Markets Since Election Day 2016 (W)

Cryptocurrency
Nearly a Third of Millennials Say They’d Rather Own Bitcoin Than Stocks (B)
Bitcoin hits record high after developers suspend plans to ‘fork’ currency (R)

US
GOP Tax Plan Would Slam California Housing Market (W)

Europe
Eastern Europe Set for Strongest Economic Growth Since Crisis (W)

US politics
Democrats Win by Reclaiming Coalition That Failed Them in 2016 (B)
Senate Plans to Unveil Tax Bill Thursday Morning (B)
Speaker Ryan opens door to delayed corporate tax cut (R)
House Faces $74 Billion Revenue Gap in Tax Bill After Amendments (W)
A ‘Millionaires Tax’ Is Now New Jersey Democrats’ Top Priority (B)
Should Hospitals And Universities Be Able to Borrow Tax Free? (W)
Tightening Carried-Interest Loophole May Not Choke Private-Equity Firms After All (W)
Trump Should Give Thanks, Not Take Credit, for Economic Growth (W)

Geopolitics
Trump’s China Trip Brings Admonitions Along With Deals (W)
Trump Team Plans $250 Billion in Deals From China Visit (B)
Vladimir Putin: Russia’s Role in Securing Asia’s Prosperity (B)
Eleven Nations Pursue TPP Deal, Minus U.S., at Pacific Rim Summit (W)

Industries & companies
FANGs: FANG Lovers Get a New Way to Bet on Stocks With Futures Trading (B)
FANGs: Apple Is Working on 2018 iPad Redesign With Facial Recognition (B)
Financial: Deutsche Bank chief hints at thousands of job losses (FT)
Media: Behind Disney’s Play for Fox: Determination to Beat Netflix (W)
Restaurants: Panera’s Ron Shaich to Step Down as CEO (W)
Retail: America’s ‘Retail Apocalypse’ Is Really Just Beginning (B)
Tech: Snap Is Looking a Lot Like Twitter After Another Earnings Miss (B)

Corporate finance
AT&T Clashes With U.S. Over Time Warner Asset Sales (B)
U.S. demands CNN or DirecTV sale to approve AT&T/Time Warner deal: sources (R)
China’s Tencent Buys 12% of Snap (W)
Clamor for Tech IPOs Reaches Fever Pitch in Asia (W)