wiar 01-11-18

Mary FanslauWhat I Am Reading

Jan 11 (Thursday)

Markets
One of Peter Lynch’s top metrics shows stocks getting cheaper (B)
US government bond sell-off triggers warnings (FT)
Bond Traders Question the Bear Market (B)

Central banks
For New Fed Chief, Stock Boom May Bring Bubble Déjà Vu (W)
Fed’s Evans Wants to Hold Off on Rate Rises Until Midyear (W)

Global
World Bank Raises Outlook as Growth Hits Fastest Pace Since 2011 (B)

US
It’s Getting Harder to Find Good Help in the U.S. (B)
Bigger Companies Once Meant Bigger Pay. Not Anymore. (W)
Cheap Drugs, Not Economic Woes, Drive Opioid Overdose Deaths, Paper Argues (W)
Michael R. Bloomberg: A Seven-Step Plan for Ending the Opioid Crisis (B)

Europe
Brussels eyes new taxes to cover post-Brexit shortfall (FT)
Berlusconi lures Italian voters with flat tax plan (FT)

Japan
Japan is ill prepared for coming labour shock (FT)

China
China’s U.S. Debt Holdings May Be an Ace Card in Trade Dispute (B)
Real News on Fake Data in China (W)

Emerging
India Welcomes More Foreign Investment in Retail and Airlines (W)
Dear Mexican Companies: Your Time to Tap Markets Is Running Out (B)

US politics
Republicans Want Bigger Increase for Military Spending in Budget Talks (W)
IRS Needs Funding for GOP Tax Overhaul, Report Says (W)
Trump Calls Courts ‘Broken’ After Ruling on DACA Program (W)
Trump to Crash Davos Party of Global Elites (B)

Geopolitics
Canadian Officials See Increasing Likelihood of Trump Leaving Nafta (B)
With U.S. Aid to Pakistan Cut, China Seeks to Fill the Void (W)

Industries & companies
FANGs: U.S., French Officials Question Apple Over Battery Slowdowns (W)
Financials: What the Tax Law Will Do to Bank Earnings (W)
Financials: Discount Brokers Win Bonuses to Push Costlier Products (W)
Financials: Buffett Promotes Two, Setting Up Succession Contest (W)
Retail: A Bright Christmas Reignites Nordstrom Buyout Hopes (W)
Telecoms: Telecoms companies bet on content but at a cost (FT)

Corporate finance
Qualcomm set to win EU approval for $47bn NXP deal (FT)
Ferrero nears $2.8bn deal for Nestlé’s US chocolate business (FT)
Sears Obtains New Financing Amid Lower Sales (W)

Cryptocurrency
It Is Silly Season in the Land of Cryptocurrency (Atlantic)
China Quietly Orders Closing of Bitcoin Mining Operations (W)
Bitcoin Could End Up Using More Power Than Electric Cars (B)
No, JPMorgan Chase CEO Jamie Dimon Has Not Changed His Stance on Bitcoin (FN)

Offbeat
Yellow Cabs Losing Turf at NYC Airports to Ride-Hailing Services (W)