wiar 11-28-17

Mary FanslauWhat I Am Reading

Nov 28 (Tuesday)

Markets
Cautious trade follows fresh China stocks sell-off (FT)
Investors Find Little Value in Value Stocks, So Watch for the Rebound (W)
Credit boom sees investors scaling risk curve (FT)

Central banks
Fed Chairman Nominee Powell Likely Faces Smooth Path to Confirmation (W)
What’s Down with Inflation? (FRB-SF)
ECB Says Bad-Loan Market Could Be Aided by an Actual Market for Bad Loans (B)

US
Entry Level Buyers Drive Solid New Home Sales (W)
Taxes Are Low in the U.S., But Other Stuff Is Expensive (B)
Blue-collar wages are surging. Can it last? (E)

Europe
Schulz puts stronger EU on coalition wishlist (FT)

Emerging
Mexico finance minister quits to run for president (FT)
Putin Has a Rebellion Brewing in His Backyard (B)

US politics
Senators Seek Changes to Tax Bill as Busy Week Kicks Off (W)
GOP Holdout Seeks Bigger Pass-Through Break (B)
Tax-Hike Fears Trigger Talk of Exodus From Manhattan and Greenwich (B)
Two Camps Assert They Each Have Control Over CFPB (W)

Industries & companies
Media: Pixar’s ‘Coco’ tops ‘Justice League’ to win the Thanksgiving weekend box office (BI)
Pharma: Teva’s New CEO Starts Turnaround Plan at Struggling Drugmaker (W)
Retail: Cyber Monday Boosts Online Retail Stocks (W)
Retail: Shoppers browse stores, buy online as Black Friday deals beckon (R)
Retail: Retailers’ Emails Are Misfires for Many Holiday Shoppers (W)
Retail: Produce or Else: Wal-Mart and Kroger Get Tough With Food Suppliers on Delays (W)

Corporate finance
Uber Hack Clouds Valuation as SoftBank Readies Bid (W)
Meredith looking to dismantle Time Inc after $2.8bn deal (FT)