wiar 11-14-17

Mary FanslauWhat I Am Reading

Nov 14 (Tuesday)

Markets
European stocks unsettled by weak earnings (FT)
One of the World’s Biggest Funds Is Slashing Its Exposure to Stocks (B)
Maybe Strangely Low Stock Volatility Isn’t So Strange After All (B)

Currencies & commodities
Loonie Signals FX-Market Reversal as Link With Crude Is Revived (B)
IEA Sees U.S. Shale Surge as Biggest Oil and Gas Boom in History (B)
Nothing to See Here as Gold Held in Tightest Range in Four Years (B)

US
Consumer Sentiment Dips in Early November (W)

Japan
BOJ’s Kuroda Says Easy-Money Policies to Persist to Ensure Higher Inflation (W)

China
China recovery pushes gas emissions to global record (FT)

US politics
Republicans Work to Make Tax Bill Meet Senate Rules (W)
Mnuchin Says 20% Corporate Tax Rate Is Not Negotiable (W)
House GOP Has Votes to Pass Bill, Brady Says (B)
Number of Systemically Important Banks to Decline Under Senate Deal (W)
More Republicans Say Roy Moore Should Leave Senate Race (W)

Geopolitics & trade
Global Trade Booms, but Headwinds Blow (W)
Trump, Duterte Strike Up a Friendship, Sidestep Thorny Issues (W)

Industries & companies
Autos: Used-Car Prices Hold Up, Defying Expectations (W)
Financials: Deal Reached to Ease Post-Crisis Bank Rules (W)
Industrials: GE Cuts Dividend, Slashes Profit Goals Amid Restructuring (W)
Pharma: FDA Approves World’s First Digital Drug (W)

Corporate finance
Roark Capital Makes Offer to Buy Buffalo Wild Wings (W)
Mattel and GGP shine on Merger Monday for Wall Street (FT)
Brookfield wants to buy mall owner GGP for $14.8 billion as the retail apocalypse intensifies (BI)

Cryptocurrency
Bitcoin Crashes and Then Surges in Wild Weekend Action (B)

Offbeat
Nearly Half of U.S. Adults Have High Blood Pressure Under New Guidelines (W)
Van Gogh’s Insane Asylum View Sells for $81.3 Million at Auction (B)