wiar 12-01-17

Mary FanslauWhat I Am Reading

Dec 01 (Friday)

Markets
Markets Pass Another Milestone, as Investors Remain Fearless (N)
Dow Index Surges to Its First Close Above 24000 on Tax Hopes (W)
JPMorgan Stares Into a $1 Trillion Bond Abyss and Is Bullish (B)
OPEC Agrees to Limit Oil Output Through 2018 (W)

Central banks
Senate Banking Committee to Vote on Powell Nomination Tuesday (W)
Mester Joins Powell Seeing Case Building for December Fed Hike (B)
The Fed has no plans for its own cryptocurrency — at least for now (BI)

US
Confidence in the Economy Rises Over Thanksgiving Week (Gallup)
American Incomes, Spending Rose Briskly in October (W)
5 ways the U.S. workforce has changed, a decade since the Great Recession began (Pew)

Europe
German Politics May Be a Mess, But the Economy Is Soaring (W)

China
Is China’s Central Bank Losing Its Monetary-Policy Mojo? (W)
China’s Tech Giants Have a Second Job: Helping Beijing Spy on Its People (W)

US politics
Senate Tax Bill Hits Obstacle Over Deficit Concern (W)
Senate Tax Plan Won’t Pay for Itself, Analysis Says (W)
Trump considers replacing Tillerson with Pompeo (FT)

Geopolitics
U.S. Rejects China’s Bid for ‘Market Economy’ Status (W)
South Korea Shows Plan to Strike at North’s Missiles (W)

Industries & companies
Autos: GM Aims for Self-Driving Taxi Fleet by 2019 (W)
FANGs: Amazon Plans to Send Alexa to the Office (W)
Industrials: GE’s Successful Effort to Change GOP Tax Bill Shows Lobbying Clout (W)
Tech: Can Antonio Neri Revive HP Enterprise After Meg Whitman? (W)

Corporate finance
CVS Closes In on Aetna Deal (W)

Technology
Elon Musk’s Battery Boast Will Be Short-Lived (B)
Machines ‘beat humans’ for growing number of tasks (FT)
There’s a ‘fatal’ flaw in cryptocurrencies which means they can never be real currencies (BI)

Offbeat
The Unauthorized Guide to ‘Star Wars: The Last Jedi’ (W)