wiar 01-06-18

Mary FanslauWhat I Am Reading

Jan 06 (Saturday)

Markets
It was a year of wins for investors: Will stocks keep climbing in 2018?
Euphoria suggests equity bulls are on borrowed time (FT)
Global stocks shrug off underwhelming US data (FT)
High-flying energy stocks retreat as oil sinks (FT)

Central banks
Fed’s Bullard Says Tax Overhaul May Light Fire Under Investment (B)
Transcript: WSJ Interview With San Francisco Fed’s John Williams (W)
Yellen’s 2012 Worry Foretold Fed Taper Tantrum Five Months Later (B)
Powell Cautiously Backed Fed’s Bond-Buying Plan in 2012 (W)

US
U.S. Employers Slowed Pace of Hiring in December (W)
U.S. Trade Gap Grew 3.2% in November (W)
Americans are dying younger than people in other rich nations (WEF)

Europe
Europe Can’t Afford a Leaderless Germany (B)
Italy’s Renzi struggles for allies in comeback bid (FT)
Now Italy Is Growing, Can It Lighten Its Huge Debt Load? (W)

US tax reform
Morgan Stanley, Deutsche Bank Detail Tax-Law Charges (W)
New Jersey’s Incoming Governor Joins Tax Fight (B)
Gary Cohn Says U.S. May Push Back Against State Tax Workarounds (B)

Geopolitics, cybersecurity & trade
North, South Korea Will Meet Against Backdrop of Nuclear Threats (W)
China land grab on Lake Baikal raises Russian ire (FT)
Why the U.S. Suspects Kaspersky’s Software Is a Russian Spy Tool (W)
Companies scramble to fix computer flaws (FT)

Industries & companies
FANGs: Tim Cook Stumbles at His Specialty, Shipping Apple Products on Time (W)
Financials: Capital One CEO Becomes Billionaire After Stock Hits Record High (B)
Media: Peak TV Continues With 487 Scripted Shows in 2017 (W)
Solar: Clouds drift over US solar industry (FT)

Corporate finance
Drug Industry Is Ripe for a Wave of Deals (W)
Uber Co-Founder Kalanick Plans to Sell 29% of His Shares in Company (W)
Brazil happy for Embraer-Boeing tie-up, not a takeover (FT)

Technology
First Amazon Alexa-Enabled Digital Glasses to Debut at CES (B)

Cryptocurrency
Ripple Steals Bitcoin Thunder, Surges 1,184% in a Month (W)
Bitcoin Rises as Ripple’s Allure Fades for Manic Crypto Traders (B)
Long Blockchain Cashes In on Crypto Craze With Stock Offering (B)

Offbeat
Former UBS analyst casts research in harsh light (FT)
Mark Mobius, Emerging-Market Guru, to Retire After 30 Years (B)