wiar 12-16-17

Mary FanslauWhat I Am Reading

Dec 16 (Saturday)

Markets
Tax Overhaul May Reduce Supply of Corporate Bonds to Pensions (B)

Central banks
The Fed’s forecasts for the economy confirm what everyone already knows about the GOP tax cut plan (BI)
Fed’s Quarles to Recuse Himself From Matters Involving Wells Fargo (W)

US
U.S. Industrial Production Rose 0.2% in November (W)
The key to a secure retirement? Working longer (USA) | Paper

Europe
Germany’s SPD to hold exploratory talks with Merkel (FT)
EU Leaders Agree to Advance Brexit Talks (W)

US politics
Support From Rubio, Corker Bolsters Odds for Tax Bill Passage (W)
A Key Goal in Tax Reform, Simplicity, Isn’t Happening for Millions of Filers (W)
GOP Tax Plan’s Top Rate of 37% to Hit Earners at $600,000 (B)
Everything You Need to Know About the GOP Tax Bill (B)

Geopolitics & terrorism
Boeing, Airbus Sales Imperiled as Trump Administration Formulates Iran Plan (W)
After New York Attack, Investigators Ask: Should ISIS Material Be Online? (W)

Industries & companies
Financials: Bank Stocks Can Fight the Fed, for Now (W)
Media: Fox Deal Adds Hulu to Disney’s Arsenal in Attack on Netflix (W)
Railroads: CSX Loses $6 Billion in Value After CEO Takes Medical Leave (W)

Corporate finance
Disney and Fox are up strongly after announcing their $52.4 billion deal (DIS, FOXA) (BI)
KKR to Buy Unilever’s Spreads Business for $8 Billion (W)
Harvard Agrees to Spin Out Real-Estate Team to Bain (W)

Offbeat
Can Robots Learn to Improvise? (W)