wiar 02-24-18

Mary FanslauWhat I Am Reading

Feb 24 (Saturday)

Markets
Currency Markets May Be About to Get Some Direction (B)

Central banks
Fed Report Signals No Worries About Recent Market Volatility (W)
Paper Argues Fed Bond Buying Plan Largely Ineffective (W)

US
Why the Inflation Picture Looks Starkly Different for Businesses and Consumers (W)
Video: Ed Yardeni: I think inflation is dead (C)
Bond King Gundlach says it would be a ‘miracle’ if White House’s inflation view works out (C)
Fed Says U.S. Labor Market Near or Beyond Full Employment (B)
Prime-Age Men May Never Return to U.S. Workforce, Fed Paper Says (B)

China
China’s ‘Heavy Hand’ With Anbang Rattles Analysts (W)
Chairman of China’s Geely Has 9.7% Stake in Daimler (W)

US politics
Trump infrastructure plan comes up $1 trillion short of its funding goal, analysis finds (C)

Geopolitics & trade
Global Trade Flows Rise at Quickest Rate Since 2011 (W)
U.S. Unveils New Round of Sanctions on North Korea (W)

Industries & companies
Airlines: Airlines Are Booming, So Why Are Investors Worried? (W)
FANGs: This company [Amazon] built one of the world’s most efficient warehouses by embracing chaos
FANGs: Nobody Wants to Let Google Win the War for Maps All Over Again (B)
Financials: Citigroup to refund $335m to credit card customers (FT)
Industrials: GE Cuts $2.4 Billion From Biggest Pension Deficit on S&P 500 (B)

Corporate finance
US tax reform won’t spur huge buybacks and dividends (FT)
Dropbox Files for Its Initial Public Offering (W)

Offbeat
Drug That Promises to Kill Flu in a Day Approved in Japan (W)