wiar 12-29-17

Mary FanslauWhat I Am Reading

Dec 29 (Friday)

Markets
Vietnam Surges, China Disappoints in Stellar Year for Asian Stocks (B)
Asset-Backed Bonds Are Getting Too Rich for Some Investors’ Tastes  (B)
Small Caps a Hard Sell for Wall Street in 2018, Despite Tax Cuts (B)

Central banks
Two of Fed’s Newest Faces to Join Rate-Setting Panel in 2018 (W)
Concerned About the ECB Taper? Britain’s Case Should Calm Nerves (W)

US
Trouble ahead? What 4 recession indicators say about the economy (MW)

Europe
Italian Election to Lay Bare the Country’s Problems (W)

China
China may be a bigger worry for 2018, analysts say (C)
Don’t rejoice when China exports ‘bad’ inflation (FT)
Tech in 2018: Will China’s Cowardly Lions Get Some Courage? (W)

US politics
Local Governments Try to Decipher Latest Tax Guidance (W)
The IRS’s Guidance on Property Taxes Has the U.S. Confused (B)

Geopolitics
Trump says China ‘Caught RED HANDED’ allowing oil into North Korea (R)

Industries & companies
FANGs: Apple Apologizes for Handling of iPhone Battery Issue (W)
FANGs: Netflix’s Cash Bonuses Become Salary Thanks to New Tax Plan (B)
Financials: It’s the Moment Insurers Have Waited For: Time to Hike Rates (W)
Financials: Citigroup to pay $11.5m over false stock ratings (FT)
Industrials: China Aircraft to Buy 50 Airbus Jets Valued at $5.42 Billion (B)

Corporate finance
CEOs go M&A hunting as booming markets unleash dealmaking spirits (R)
SoftBank Succeeds in Tender Offer for Large Uber Stake (W)

Cryptocurrency
Crypto-Linked Stocks Sink With Bitcoin on South Korean Warning (B)
Bitcoin Is an Implausible Currency (B)
Get Set for Petro, Venezuela’s Cryptocurrency Answer to Bitcoin (B)

Offbeat
America’s Deep Freeze Is Aiding Coal and Sending Power Surging (B)