wiar 02-08-18

Mary FanslauWhat I Am Reading

Feb 08 (Thursday)

Markets
Warning Sign Behind Market Swings (W)
The robots vs. robots trading that has hijacked the stock market (WP)
Retirement Savers Fled Equities in Market Selloff (B)
Five Reasons for Optimism About This Market (B)
Don’t Mistake the Stock Market for the Economy (B)
Amid Market Turmoil, Where’s China? (B)

Central banks
After Market Turmoil, Fed Officials Stand Firm on Rate Path (W)
Fed’s Dudley Says Stock Volatility Hasn’t Changed His Outlook (W)

US
U.S. Student Debt and the Hope of Affordable Education (W)

Europe
Germany’s parties reach grand coalition deal (FT)

China
China Takes a Hard Look at Corporate Borrowers (B)
China Adds Facial-Recognition Glasses to Surveillance Arsenal (W)

US tax reform
Allstate CEO Says Tax Overhaul Frees Up Half-Billion in Profit (B)
Prudential Financial Sees Profit Boost From Tax Overhaul (W)

US politics
Pelosi Marathon Speech on Immigration Breaks 1909 House Record (B)

Geopolitics
Kim Jong Un’s Sister to Attend Olympics. Will She Meet Pence? (W)

Industries & companies
Autos: Tesla Says It Is Making Progress on Model 3 Production Issues (W)
FAANGs: Goldman Sachs in Talks With Apple to Finance iPhone Sales (W)
Media: 21st Century Fox Revenue Up but Costs Weigh on Profit (W)

Corporate finance
SoftBank eyes Swiss Re stake worth up to $11bn (FT)

Cryptocurrencies
Cryptocurrencies Are Like Ponzi Schemes, World Bank Chief Says (B)

Offbeat
BlackRock’s Larry Fink Wants to Become the Next Warren Buffett (W)
A Breakthrough Stroke Treatment Can Save Lives—If It’s Available (W)