wiar 12-18-17

Mary FanslauWhat I Am Reading

Dec 18 (Monday)

Markets
Stocks Stampede to New Highs on Tax News (BR)
Can the Passive Juggernaut Roll On? (BR)
Shaking Up the Market for Municipal Bonds (BR)

Central banks
Cutting Taxes and Raising Rates (BR)
BoJ meeting to end active month for central banks (FT)

US
U.S. Industrial Production Rose 0.2% in November (W)
Prosecutors Treat Opioid Overdoses as Homicides, Snagging Friends, Relatives (W)

Europe
Brussels probes Ikea in tax avoidance crackdown (FT)

US tax reform
GOP Is Poised to Pass Sweeping Tax Overhaul (W)
Mnuchin Defends GOP Tax Bill, Predicts Swift Passage (W)
Deduction Rollback Hurts High-Tax States, But Exodus Isn’t Assured (W)
Corporate Winners and Losers in GOP Tax Bill (B)
US companies set to be big Trump tax bill winners (FT)
American business has concerns on tax reform (E)

US politics
Government Shifts Gears on Fannie Mae, Freddie Mac (W)
Cornyn Says It ‘Would Be a Mistake’ to Fire Mueller (B)

Geopolitics, trade, & terrorism
How China’s “sharp power” is muting criticism abroad (E)
China Holdings of U.S. Treasuries Rise (B)
Putin Thanks Trump for Intelligence About Planned Terror Attack (W)

Industries & companies
Autos: The Fast and the Financed: China’s Well-Funded Auto Startups Race to Overtake Tesla (W)
Financials: Banks to Funds: Have Some Leverage With That Deal (W)
Financials: U.S. Insurers Win ‘Bermuda Loophole’ Fight (W)
Media: Get Ready for a Faster, Pricier and More Confusing Internet (W)
Media: Disney’s `Last Jedi’ Blasts Its Way to $220 Million Opening (B)
Media: New Day for Media Stocks With Disney-Fox Deal (BR)
REITs: REITs on the Rebound: Where to Shop Now (BR)

Corporate finance
Humana and PE Firms in Talks to Buy Kindred Healthcare (W)
Why Refiners Are Expected to Give Their Tax Savings Right Back to Shareholders (W)
Chinese IPOs in the U.S. Are Saddling Investors With Big Losses (W)

Cryptocurrency
Bitcoin Futures Manipulation 101: How ‘Banging the Close’ Works (W)

Offbeat
America’s Public Company Accounting Oversight Board gets a new boss (E)