wiar 01-23-18

Mary FanslauWhat I Am Reading

Jan 23 (Tuesday)

Markets
What debt ceiling worries? Markets hum along (R)
It Has Been a Near-Perfect Investing Environment. But It May End Soon. (W)
Two Reasons Why U.S. Small Caps Aren’t Cashing In on Tax Reform (B)
Secret to Dollar’s Dim Future Found in Fed’s Last Hiking Cycle (B)

IMF & the Fed
IMF hails ‘broadest’ rise in global growth since 2010 (FT)
U.S. Tax Overhaul Will Accelerate Global Growth, IMF Says (W)
Jerome Powell’s Challenge at the Fed: Keep the Economy Humming (W)

US
This Rare Bear Who Called the Crash Warns Housing Is Too Hot Again (B)

Emerging
The Fun Is Just Starting for Emerging-Market Stocks (B)

US politics
Congress Passes Three-Week Spending Bill to End Government Shutdown (W)
Trump’s ‘America First’ Message Is a Case of Rhetoric vs. Reality—So Far (W)
By Adding to the Debt, Tax Cuts Could Complicate Next Downturn (W)

Geopolitics
U.S. Imposes Trade Tariffs, Signaling Tougher Line on China (W)
Pence Says U.S. Will Open Embassy in Jerusalem Next Year (W)

Industries & companies
FAANGs: Amazon Prime’s Monthly Price Hike Will Generate $300 Million a Year (B)
FAANGs: The case for ending Amazon’s dominance (FT)
FAANGs: Netflix Continues Landing Customers (W)
FAANGs: Netflix’s Growth Is in the Eye of the Beholder (B)

Corporate finance
AIG Agrees to Pay $5.56 Billion to Buy Bermuda Insurer (W)
China’s IPO hopes buoyed by belief in ‘unicorns’ (FT)
Big Drugmakers Pay Big Prices for Promising Biotechs (W)

Offbeat
Poland’s New Nationalist Rulers Are Erasing Lech Walesa From History (W)