wiar 01-08-18

Mary FanslauWhat I Am Reading

Jan 08 (Monday)

Are we seeing a peak in bullish equity sentiment? (FT)
Earnings Could Boost Asia Stocks to New Record Highs (B)
Sizing Up the Future of the ETF Market (BR)

Central banks
White House Doesn’t See Need for Faster Fed Hikes (B)

Economists Stick With Long View for Slower U.S. Growth Despite Recent Uptick (W)
Life expectancy in America has declined for two years in a row (E)

Merkel Begins Last-Ditch Effort to Form Coalition Government (W)
French Presidents Once Acted Like Referees. Then Came Emmanuel Macron (W)

China’s Foreign Reserves Extend Rising Streak Amid Capital Curbs (B)
Wall Street Need Not Fear China’s Banks. Yet (B)
Chinese Car Buyers Like a New Option: Used (W)

Vietnam seeks to purge ‘corrupt’ Communist leaders (FT)

US tax reform
Tax charges set to muddy a bright US earnings season (FT)
How states may try to circumvent Republicans’ tax reform (E)

US politics
Incendiary book on Trump released early (FT)
Bannon Regrets Role in Book Critical of Trump White House (W)
Steve Bannon Issues Apology as Trump Allies Flood the Airwaves (B)

Industries & companies
Energy: Shell looks to shale production for rapid growth (FT)
FAANGs: Time to De-FAANG Your Portfolio? (BR)
Financials: The Noise in the Bank Numbers (BR)
Pharma: Pfizer Ends Hunt for Drugs to Treat Alzheimer’s, Parkinson’s (W)
Retail: Retail’s Tax Windfall Provides Ammunition Against Amazon (W)
Shipping: FedEx on Track to Deliver Outsize Returns (BR)
Tech: Don’t Blame Intel for the Failures of Computer Security (BR)

Corporate finance
The Promise and Peril of M&A in 2018 (BR)
Celgene Nears Deal to Buy Impact Biomedicines (W)

Amazon’s Alexa to Meet Google’s Assistant in a Las Vegas Showdown (W)

Little Guys and Big Traders Square Off in Bitcoin Futures (W)

Why Uber Can Find You but 911 Can’t (W)