wiar 01-27-18

Mary FanslauWhat I Am Reading

Jan 27 (Saturday)

US equities have strongest start to year since 1987 (FT)
In Global Currency Game, China Is Losing to U.S. (W)
A Doomsayer’s Guide to the Dollar and Why It Could Keep Plunging (B)

Central banks
BOJ Says Kuroda Didn’t Revise Price Outlook in Davos Remark (B)

GDP Grew 2.6% at Year End, Extending Strong Stretch (W)
Opinion: Why the GDP report was a ‘good miss’ (MW)
Blame the Shutdown for the U.S. GDP Miss (B)
U.S. Durable-Goods Orders Rose 2.9% in December (W)
Consumer Confidence is Lifting the Economy. But for How Much Longer. (N)
Why the Savings Rate Is a Reason to Worry About 2018 U.S. Growth (B)
The Dark Side of America’s Rise to Oil Superpower (B)

Brexit Drags Down U.K. Economy as Neighbors Soar (W)

China reveals Arctic ambitions with plan for ‘Polar Silk Road’ (FT)

US politics
What Companies Are Really Doing With Their Tax Windfall (So Far) (B)
EPA Withdraws Air Pollution Policy (W)
New York-Area Governors Plan to Sue Over Federal Tax Law (W)

Trump Promotes U.S. as ‘Open for Business’ in Address at Davos (W)
Trump tells Davos ‘America First, not America alone’ (FT)
A New Cold War? China Declares Itself a ‘Near-Arctic State’ (W)

Industries & companies
Industrials: Caterpillar Goes From Dow Top to Flop (B)
Industrials: Here’s One Thing That’s Going Right for General Electric. Really (B)
Pharma: Drugmaker emerges as big winner from Trump tax bill (FT)
Tech: Intel Revenue Rises, but Chip Maker Reports Loss on Tax Charge (W)

Corporate finance
Dell Explores IPO, Deal With VMware (W)

Tax Incentive Puts More Robots on Factory Floors (W)

Cryptocurrency Worth $530 Million Missing From Japanese Exchange (W)
Coincheck Says It Lost Crypto Coins Valued at About $400 Million (B)

California Governor Calls for Five Million Zero-Emission Cars by 2030 (W)
Schools Close as Flu Epidemic Spreads (W)