wiar 11-11-17

Mary FanslauWhat I Am Reading

Nov 11 (Saturday)

Markets
Why Investors Should Get Nervous About Tax Cuts (W)
Oil Above $80 Before Christmas? Some Options Traders Think So (B)

US
U.S. Consumer Sentiment Unexpectedly Falls From 13-Year High (B)
Traffic Is Piling Up—and So Are Its Costs (W)
US homebuilders hang hopes on tax credit in reforms (FT)

China
Alibaba Singles’ Day Sales Hit $8.6 Billion in First Hour (B)
Bigger Than Black Friday, Alibaba’s ‘Singles Day’ Faces Fatigue in China (W)
China to Give Foreigners More Access to Financial Sector (W)

US politics
GOP’s Dueling Tax Overhauls Struggle to Pass a Key Red-Ink Test (B)
Tax Overhaul Is Planned for 2018, Leaving Just a Few Weeks to Prepare (W)
Politics Complicate Tax Vote for GOP (W)
GOP Senators: Moore Should Quit If Sexual-Misconduct Claims Are True (W)

Geopolitics
Trump took the gloves off on trade (BI)
China Gave Trump a Win on Trade and He Didn’t Even Know It (B)

Industries & companies
Industrials: GE Dividend in Focus as Investors Await New Strategy (W)
Media: Disney stock tumbles after missing earnings expectations (BI)
Retail: J.C. Penney Lowered Its Goals, Then Beat Them (W)
Retail: Winners and losers emerge in US department store war (FT)
Tech: Square Eclipses Twitter, With Market Value Topping $15 Billion (B)

Technology
How to Survive a Robot Apocalypse: Just Close the Door (W)

Offbeat
Zuckerberg says he worked out why US is so divided (FT)
How a West Coast Trading Network Spawned a New York Pension Fund Scandal (W)