wiar 02-07-18

Mary FanslauWhat I Am Reading

Feb 07 (Wednesday)

Markets
What on Earth Happened to Stocks? Here’s Where to Cast the Blame (B)
Traders Befuddled: ‘Did Someone Fat Finger This?’ (W)
Strong global economy no comfort to stretched markets (FT)
Don’t Forget What Causes a Recession (B)
ETFs Are Holding Up, Despite Volatility-Linked Trading Madness (B)

Credit & currencies
This Bond Market Could Get Uglier (B)
Market volatility spurs some funds to look again at currency hedging (R)

Central banks
New Fed chair unlikely to alter course after rough start (FT)
The January 2018 Senior Loan Officer Opinion Survey on Bank Lending Practices (FRB)

US
U.S. Trade Gap in December Was Widest in Nine Years (W)
A Closer Look at the Wage Growth That Shook Markets (W)
Will Inflation Eat This Market Alive? (W)

Europe
In Europe, Inflation Could Prove a Surprise (W)
German Factory Orders Surge as Workers Score Labor Deal (B)
German union wins right to 28-hour working week (FT)

Emerging
Modi’s India is on course to top China for growth (FT)

US politics
Mnuchin Says $1 Trillion U.S. Debt Plan Isn’t Affecting Markets (B)

Geopolitics
North Korea ‘months away’ from ability to hit U.S. with nuclear weapon: U.S. envoy (R)

Industries & companies
Autos: GM Posts Loss on Tax Changes, Logs Strong Demand for Pickups and SUVs (W)
Autos: Toyota Is on Track for Record Profit, but Not for the Right Reasons (W)
Energy: BP’s Strong Performance Is Marred by One-Off Charges (W)
Retail: QVC’s Plan to Survive Amazon Might Actually Be Working (B)
Trucking: Trucking Companies Order Most Big Rigs In 12 Years (W)

Corporate finance
‘Any size of deal is possible,’ says chipmaker AMS (R)

Technology
Musk Sends Tesla to Space as World’s Most Powerful Rocket Debuts (B)
Waymo Calls Uber a ‘Cheater’ as Driverless-Car Trial Begins (W)
Apple HomePod Review: Super Sound, but Not Super Smart (W)

Cryptocurrency
Cryptocurrencies Fluctuate as Regulatory Pressure Increases (B)
Bitcoin freeloads on institutions’ trust, warns BIS (FT)
China prepares fresh ICO rules, eyes overseas platforms: China Daily (R)

Offbeat
Democracy continues its disturbing retreat (E)