wiar 03-09-18

Mary FanslauWhat I Am Reading

Mar 09 (Friday)

Markets
Ed Yardeni: Why Stocks Will Keep On Cooking (BR)
Is the bull market for stocks moving into a more dangerous phase? (USA)
US small-caps benefit from trade protectionism talk (FT)
Equity Winners and Losers From China’s Big Political Meeting (B)

Central banks
ECB drops pledge to buy more bonds if needed (FT)

US
U.S. Household Net Worth Rises on Higher Stock, Home Values (W)
Mortgage Rates at a Four-Year High Threaten to Roil Housing (W)

Europe
Hundreds of European stocks to be barred from dark pools (FT)
Italian state’s debt holdings surpass those of banks (FT)

China
Xi and China’s ‘good emperor, bad emperor’ problem (FT)
The Uncomfortable Marriage Between China and Its Tech Giants (W)
Rejections Pile Up for Chinese Firms Seeking Listings at Home (W)

Trade I
In the White House shuffle, trade guru Navarro takes spotlight (CBS)
Meet Peter Navarro—the Man Behind Trump’s Embrace of Tariffs (W)
Trump offers steel tariff exemptions to ‘real friends’ (FT)
U.S. Asks China for Plan to Reduce Trade Deficit by $100 Billion (W)
China warns of ‘necessary response’ to US trade war (FT)

Trade II
Trump Tariff Plan Challenges System U.S. Helped Build (W)
Revived TPP Shows Trade Will Go On Without U.S. (B)
After tax-cut love, corporate America clashes with Trump on trade (CS)
Welders, Axle Makers and Others Fear Soaring Costs From Trump Plan (W)

Corporate finance
Cigna Agrees to Buy Express Scripts in $52 Billion Deal (W)

Technology & cryptocurrency
Automation Isn’t Killing Jobs, Study Says, But May Be Keeping Income in Check (W)
Japan Suspends Trading on Two Cryptocurrency Exchanges (W)