Dec 16 (Saturday) Markets Tax Overhaul May Reduce Supply of Corporate Bonds to Pensions (B) Central banks The Fed’s forecasts for the economy confirm what everyone already knows about the GOP tax cut plan (BI) Fed’s Quarles to Recuse Himself From Matters Involving Wells Fargo (W) US U.S. Industrial Production Rose 0.2% in November (W) The key to a secure retirement? Working longer (USA) | Paper Europe Germany’s SPD to hold exploratory talks with Merkel (FT) EU Leaders Agree to Advance Brexit Talks (W) US politics Support From Rubio, Corker Bolsters Odds for Tax Bill Passage (W) A Key Goal in Tax Reform, Simplicity, Isn’t Happening for Millions of Filers (W) GOP Tax Plan’s Top Rate of 37% to Hit Earners at $600,000 (B) Everything You Need to Know About the GOP Tax Bill (B) Geopolitics & terrorism Boeing, Airbus Sales Imperiled as Trump Administration Formulates Iran Plan (W) After New York Attack, Investigators Ask: Should ISIS Material Be Online? (W) Industries & companies Financials: Bank Stocks Can Fight the Fed, for Now (W) Media: Fox Deal Adds Hulu to Disney’s Arsenal in Attack on Netflix (W) Railroads: CSX Loses $6 Billion in Value After CEO Takes Medical Leave (W) Corporate finance Disney and Fox are up strongly after announcing their $52.4 billion deal (DIS, FOXA) (BI) KKR to Buy Unilever’s Spreads Business for $8 Billion (W) Harvard Agrees to Spin Out Real-Estate Team to Bain (W) Offbeat Can Robots Learn to Improvise? (W)
wiar 12-15-17
Dec 15 (Friday) Markets Small-Cap Slump Echoes Yellen Doubt on Tax Cut’s Economic Impact (B) Central banks As Fed Tightens, Europe Hangs Loose (W) ECB Keeps Policy Unchanged as Investors Seek Economic Update (B) European Central Banks See the Prize of Inflation’s Slow Return (B) US U.S. Worker Pay Is Having Its Worst Stretch Since 2009 (B) Americans Spending More as the Holiday Season Continues (W) US politics One Less Senate Vote Could Mean More Headaches for GOP (W) Rubio to Oppose Tax Bill Unless Child Credit Is Expanded (W) A Christmastime Tax Cut for Some, a Lump of Coal for Others (W) Trump Called Ryan About Report He Plans to Step Down (B) Ryan Dismisses Speculation He’s Retiring, Lays Out 2018 Agenda (B) Geopolitics As China Courts Neighbors, New Images Show More Building in Disputed Waters (W) Industries & companies Airlines: Southwest Airlines Is Considering Using Tax Windfall to Order New Planes (B) Financials: Wells Fargo Trims Staff in Its Giant Mortgage Unit (W) Media: FCC Votes to Repeal Net-Neutrality Rules (W) Media: ‘The fight isn’t over’: Tech erupts after the FCC’s vote to kill net neutrality (BI) Media: Business Insider Inc. Drops ‘Business’ From Its Name (W) Pharma: Teva Pharmaceuticals to Cut 25% of Jobs in Huge Reshaping (N) Retail: Tiffany boosted by Citi upgrade (FT) Corporate finance Disney to Acquire Fox Assets in $52 Billion Bet on Video Streaming (W) What Disney Is Getting From Fox (N) China’s Tech Startup Funding: The Wild West in the Far East (W) Cryptocurrency Initial Coin Offerings Surge Past $4 Billion—and Regulators Are Worried (W) Deutsche Bank Says ‘Mrs. Watanabe’ Behind the Surge in Bitcoin (B) Technology This Toaster-Size 3D Printer Can Make Drugs (B)
wiar 12-14-17
Dec 14 (Thursday) Markets Currency Traders Are Having Their Worst Year Since 2006 (W) OPEC Oil Output Falls to Six-Month Low but U.S. Fills Gap (W) Central banks Fed Raises Rates, Eyes Three 2018 Hikes as Yellen Era Nears End (B) | FOMC Statement The Fed’s New Dot Plot After Its December Meeting (B) | SEP Bond Traders See the Fed’s ‘Third Mandate’ Driving Rates Higher (B) Janet L. Yellen Finishes to ‘Standing Ovation’ (WP) Yellen’s only regret as Fed chair: Low inflation (C) US U.S. Economic Expansion Could Become Longest on Record (W) U.S. Consumer Prices Rose 0.4% in November (W) Nearly 5 Million Americans in Default on Student Loans (W) Millennials, Gen-X’ers and Boomers Are Still Poorer Than Before the Recession (W) ‘It’s the Grandparents Stealing From the Grandchildren’ (Atlantic) US politics Final GOP Deal Sets 21% Corporate Tax, Cuts for Top Earners (W) Republicans Pivot to a Slightly Less Generous Corporate Cut (BI) Trump Promises ‘Giant Tax Cut’ and Money in Pockets by February (B) With Alabama Loss, Trump and GOP Face Political Reckoning (W) Minnesota Governor Appoints Lt. Gov. Smith to Replace Franken in Senate (W) Rosenstein Says He Sees No Cause to Fire Special Counsel Mueller (B) Geopolitics & trade New Push for Fresh Dialogue With North Korea (W) From German Faucets to Italian Chocolate, Trade Barriers Are Rising Again in Europe (W) U.S., Japan Express Concern Over China’s Interest in Saudi Oil Giant (W) Industries & companies Autos: Toyota Sees Half of Sales Coming From Hybrids, EVs (W) Autos: Famed Short-Seller Jim Chanos Says Tesla Headed for ‘Brick Wall’ (B) Media: Electronic Arts Needs the Force to Awaken Again (W) Retail: Walmart, Huge U.S. Employer, Will Let Workers Take Pay Before Payday (N) Retail: Zara Shows Shrinking Profit Margins Despite Sales Increase (W) Retail: Retailers Still Haven’t Caught Up to Millennials (B) Tech: How 2017 Became a Turning Point for Tech Giants (N) Tech: The Economy Grows? Buy Tech! The Yield Curve Flattens? Also Buy Tech! (W) Corporate finance Jamie Dimon says tax cut will cause companies to buy back their own stock and that’s not a ‘bad thing’ (C) Technology Google, Looking to Tiptoe Back Into China, Announces A.I. Center (N) Cryptocurrency Bitcoin: Electrifying Investment, Lousy Currency (W) Fed chief Yellen says bitcoin is a ‘highly speculative asset’ (C)
wiar 12-13-17
Dec 13 (Wednesday) Markets Companies’ actual tax rate may already be a shockingly low, calculates Wall Street economist Ed Yardeni (C) ‘Buy the Dip’ Has Never Been More Popular in U.S. Stocks (B) Want to Make Money in Industrial Metals Next Year? Ask China How (B) Rising Auto Sales Make a Rhodium ETF the Top-Performing Commodity Fund (B) Central banks As the Fed Deliberates, Amazon Is Making Its Job More Difficult (W) For the First Time in Nine Months, the Market Expects Two Fed Hikes in 2018 (B) Fed has failed to tighten financial conditions (FT) US How Highway Stimulus Spending Turned into a Dead End (FRB-SL) Europe Should we KoKo? SPD mulls way out of German impasse (FT) EU Prepares to Discuss a Long-Delayed Trade Deal With Britain (W) China The West Faces Reality: China Won’t Become ‘More Like Us’ (W) US politics GOP Is Leaning Toward 21% Corporate Tax Rate (B) U.S. Tax Plan Draws Ire Abroad, Prompts Calls for Cuts (W) Here’s Where the GOP Tax Plan Stands Right Now (B) Law professors published a 34-page list of ways people will game the GOP tax plan (BI) Trump Rips Senator Over Her Calls for His Resignation (W) Millions of People Post Comments on Federal Regulations. Many Are Fake. (W) Geopolitics How North Korea’s Global Financing Web Works Around Sanctions (W) Industries & companies Media: ‘Star Wars: The Last Jedi’ Review: Action and Angst of Galactic Proportions (W) Media: Net Neutrality: A Case Study With JetBlue and Amazon (W) Media: Facebook to Give Countries a Chance to Tax Its Profits From Local Ads (W) Media: Facebook to stop booking ad sales through Irish HQ (FT) Corporate finance Boeing climbs to record high on $18bn buyback move (FT) Unibail Who? French Mall Owner to Buy Westfield for $15.7 Billion (W) Cryptocurrencies SEC Halts a Real Initial Coin Offering (B) | Press Release Bitcoin Debit Card May Be Behind 40 Percent Rally in Recent IPO (B) What’s Fueling Bitcoin’s Rise? Millions of Asian Investors (W)
wiar 12-12-17
Dec 12 (Tuesday) Markets The hidden fear driving the market surge (NN) Investors Move From Mutual Funds to ETFs in Search of Tax Trade (B) Another Sign of Frothy Markets: Blank-Check Boom (W) Central banks Powell faces early test of policy view as tax cuts near approval (R) US Hiring Doesn’t Break Out, Even With Historically Low Unemployment (W) Is There a Productivity Miracle Lurking in the Economy? (W) FDA plans to curb prescription to fight opioid epidemic (FT) Japan JPMorgan Eyes Japan Real Estate on Bet BOJ Persists With Easing (B) US politics Treasury Defends Tax Plan in One-Page Analysis (N) US Treasury Analysis U.S. Treasury tax study slammed as ‘fake math’ by Democrats (R) Small Investors Face Higher Taxes Under Senate Proposal (W) Geopolitics & terrorism Beijing Develops Plan to Counter Trump Tax Plan (W) European Finance Chiefs Hit Out at U.S. Tax Plans (W) EU Officials Urge U.S. to Not Go It Alone on Mideast Peace Efforts (W) Botched Suicide Bombing Jolts New York, Injures 4 (W) Times Square Subway Bomber Tells Police He’s a Follower of Islamic State (B) Industries & companies Financials: Foreign-owned banks to be hit by US tax rules (FT) Media: A Disney Deal for Fox Is Coming Within Days (B) Pharma: FDA head favours generics to treat high drug prices (FT) Retail: Retailers Help Shoppers Do the Markdown Math (W) Technology DeepMind Has Simple Tests That Might Prevent Elon Musk’s AI Apocalypse (B) High-Tech Hedge Fund Hits Limits of Robot Stock Picking (W) Offbeat Stop Talking About Bitcoin’s Market Cap (W) Saudi Arabia Lifts Decades-Old Ban on Movie Theaters (W)
wiar 12-11-17
Dec 11 (Monday) Markets Outlook 2018: The Bull Market’s Next Act (BR) Our 10 Favorite Stocks for 2018 (BR) Bitcoin Futures Trading Opening Brings Crypto to Wall Street (B) Bank of Japan’s $150 Billion ETF Binge Looks Likely to Slow Next Year (B) Key to Trigger Market ‘Inflection’ Is a 1% Real Fed Rate, JPMorgan Says (B) Credit & commodities BlackRock Is Buying the Bonds Most at Risk From Added Fed Hikes (B) Electric-Vehicle Bulls Shake Up Metals Markets (W) Central banks Investors Told to Brace for Steepest Rate Hikes Since 2006 (B) A Fed Rate Increase Is Expected. But What Comes Next? (N) Europe Merkel allies dismiss ‘United States of Europe’ call (FT) China Small Banks, Big Worry (B) World’s Largest Water Diversion Plan Won’t Quench China’s Thirst (B) Emerging EM Rally Could Party On (BR) US politics U.S. Sets January Push for $1 Trillion Infrastructure Revamp (W) Senate Bill’s Marginal Tax Rates Could Top 100% for Some (W) Wall Street lobbies against measure hitting high-tax states (FT) Obamacare’s Individual Mandate: On Its Way Out, or Already Gone? (W) Why Alabama Race is Moore’s to Lose (W) Franken’s fall is good news for Big Tech (FT) Geopolitics China Is ‘Not Optimistic’ About North Korea’s Standoff With the U.S. (B) Industries & companies FANGs: How Amazon Picks Its Seemingly Random Deals of the Day (W) FANGs: Jony Ive Returns to Apple to Oversee Design Teams (W) Financials: J.P. Morgan Chase’s Sapphire Reserve Card Gets a New Chief (W) Pharma: US drugmaker raises price of vitamins by 800% (FT) Corporate finance Disney Deal for Fox Would End Era of the ‘Big Six’ Studios (W) Will Media Deal Making Dethrone Netflix? (W) Hospital Giants in Talks to Create U.S.’s Largest Operator (W) CVS and Aetna: Will It Work? (BR) Apple Close to Buying Shazam to Boost Music Business (W) Technology Meet Your New Boss: An Algorithm (W) Google leads in the race to dominate artificial intelligence (E) Rio Tinto puts its faith in driverless trucks, trains and drilling rigs (E) Offbeat The plastics suffocating life within our oceans (FT) A 6-year-old boy is making $11 million a year on YouTube reviewing toys (BI)
wiar 12-09-17
Dec 09 (Saturday) Markets Trump Tax Cuts Will Fuel Economic Growth At The Right Time (IBD) Home Depot is showing that corporate America may have other plans for tax savings (WP) Central banks Japan’s Economy and Monetary Policy (BOJ) US Robust Job Growth Puts U.S. on Firmest Footing in a Decade (W) Jobs Strong But Weak Wage Growth Could Fluster Fed (W) U.S. Consumer Sentiment Fell Again in December (W) Percentage of employed women working full time little changed over past 5 decades (BLS) Europe U.K., EU Reach an Agreement on Brexit Divorce Terms (W) China China’s ballooning debt is a major threat to global financial stability, IMF warns (BI) Jailed for a Text: China’s Censors Are Spying on Mobile Chat Groups (W) US tax reform Trump Backs Keeping State Income Tax Break With Cap, Gary Cohn Says (B) Portman Says He’s ‘Pretty Confident’ on 20%: Tax Debate Update (B) With Tax Overhaul, Sen. Collins Stretches Her Political Powers (W) US politics Mueller Says He’ll Provide Manafort With 2,000 ‘Hot’ Documents (B) Trump Supporter Emailed Campaign About Public WikiLeaks Trove (W) Arizona Republican Trent Franks Resigns From House (B) Trump Might Have Already Created Some Jobs (B) Geopolitics Japan Missile Plans Put North Korean Bases Within Range (W) Tillerson Urges ‘More Measured’ Saudi Arabia in Middle East (W) Industries & companies Airlines: Airports Want to Raise Ticket Fees. Airlines Say No. Fight Ensues (W) Financials: Banks could take a $4.4 billion hit from new reforms (BI) Financials: Trump Vows Punishment for Wells (W) Media: With Disney-Fox Talks, Hopes Rise for a Greenlight on Sky (W) Media: Disney Is Making a Killing On Star Wars (B) Industrials: Caterpillar Unit Pleads Guilty in Railcar Case (W) Corporate finance CVS acquisition of Aetna affects $23 billion in retirement assets (P&I) Cryptocurrency Bitcoin Futures Promise Wild Ride for Risk-Loving Traders (W) Bitcoin soared to over $19,000 on Coinbase — but the price on other exchanges is totally different (BI) Hackers Steal $70 Million in Bitcoin (W) Offbeat Fires Continue to Spread in Southern California (W)
wiar 12-08-17
Dec 08 (Friday) Markets Tech sector strength leads Wall Street higher (FT) Investors pour $1.5bn into financial sector funds (FT) Deutsche Bank’s Torsten Slok Names 30 Market Risks for 2018 (B) ETF Investors Are Ditching Corporate Credit for Treasury Bonds (B) Central banks Fed regulatory chief eyes shift over bank stress tests (FT) Europe Schulz calls for ‘United States of Europe’ (FT) Japan Japan’s 3Q GDP Growth Revised Up to 2.5% on Capital Spending (B) China What Debt Problem? Chinese Firms in Their Best Shape in Years (B) China aims to make IPO application process more transparent (R) US politics Exclusive: White House doesn’t foresee shutdown, Trump wants 20 percent corporate tax (R) Aide tries to refocus U.S. tax debate after Trump’s corporate rate remark (R) Republicans wrangle over scale of corporate tax cuts (FT) Franken’s Senate Fate and Moore’s Future (B) Industries & companies Financials: JPMorgan’s Dimon taking customer pricing hints from Amazon (R) Cryptocurrency Stunning Bitcoin Swings Promise Stop-and-Start Futures Sessions (B)
wiar 12-07-17
Dec 07 (Thursday) Markets Investors Down in December Are Still Up Big For the Year (B) Tech Rout Drags Down Funds That Had Been Crushing Their Benchmarks (B) Retail Investors Just Made a Historic Move Into U.S. Stocks (B) China equities sell-off targets highest flyers (FT) Wall Street’s Fracking Frenzy Runs Dry as Profits Fail to Materialize (W) US GDPNow model forecast is 3.2 percent on December 5, down from 3.5 percent on December 1 (FRB-ATL) Goldman Sachs doesn’t think the Republican tax bill would be a big boost to the US economy (BI) The GOP Tax Plan Would Make America’s Housing Shortage Even Worse (B) Europe Brussels calls for creation of European Monetary Fund (FT) Divided SPD faces tortuous choice on coalition talks (FT) US politics GOP Considers Allowing State Income Tax Deduction (B) The fight over the Republican tax plan isn’t over — here are the biggest differences between the House and Senate bills (BI) The next tax shelter for wealthy Americans: C-corporations (Brookings) Democrats Urge Franken to Resign (W) Socialism, Capitalism Seen in New Light by the Young (W) Geopolitics & terrorism Apple’s Tim Cook: No Point Yelling at China (W) China’s Blurry Cyber Laws Give U.S. Tech Companies No Security (W) Trump recognises Jerusalem as capital of Israel (FT) Putin announces he will seek re-election in 2018 (FT) South Korea to create ‘drone-bot’ unit to swarm North (FT) Industries & companies FANGs: Apple will see up to $47bn potential tax benefit (FT) FANGs: It’s Amazon’s World—But Do You Want to Live There? (W) Financials: Why the CFPB showdown threatens the independence of financial regulator (Brookings) Media: Robert Iger Likely to Extend Tenure as Disney CEO Past 2019 (W) Retail: Wal-Mart’s New Name: It’s Not Just a Store Anymore (W) Corporate finance UnitedHealth to Buy Large Doctor Group for $4.9 Billion (W) Home Depot to Launch $15 Billion Share Buyback (W) Cryptocurrency Bitcoin posts another record high as JPMorgan touts its potential as ’emerging asset class’ (BI) Big banks push back on bitcoin futures plan (FT) Proxies for Bitcoin Slump as Crypto Goes Mainstream (B) Hedge Funds Try a Quant Approach to Tackling Cryptocurrencies (B) Offbeat Could Crispr Help to Knock Out Superbugs? (W) Thousands Evacuate in Southern California as Wildfires Grow (W)
wiar 12-06-17
Dec 06 (Wednesday) Markets Potential Winner from Tax Overhaul: Corporate Bonds (W) Don’t Call It a Rotation. Here’s What Likely Happened With Tech (B) ETFs US tech-focused ETF duo hit by $1.57bn outflows (FT) ETF providers better bet than products they sell (FT) Disrupt This! Innovation ETFs are storming the market (R) Central banks Senate Panel Advances Powell’s Nomination as Fed Chairman (W) US Export Growth Stalled in October, Potentially Dragging Down GDP (W) U.S. Service Sector Remains Strong (W) Want That House? You’d Better Pay in Cash (W) China Alibaba’s Jack Ma to U.S. Companies: Stop Whining About China (W) The Underclass That Threatens Xi’s ‘China Dream’ (W) US politics After Tax Overhaul, GOP Will Pivot to Revamping Welfare (W) Companies Push to Repeal AMT After Senate’s Last-Minute Move to Keep It Alive (W) Chief Senate Tax Writers Prefer AMT Repeal (B) Gundlach says ‘strange environment’ to be cutting U.S. corporate taxes (R) Geopolitics Why the U.S. Considers Kim a ‘Rational Actor’ (W) Industries & companies FANGs: Google Changes Game Plan in India to Accommodate Soaring Demand (W) FANGs: Google pulls YouTube from Amazon devices, escalating spat (R) Shipping: UPS, Overwhelmed by Online Orders, Warns of Delivery Delays (W) Tech: Nvidia Stands Out in Management Top 250 Rankings (W) Corporate finance Nestlé to buy vitamin maker Atrium for $2.3bn (FT) Disney’s bid for Fox assets gains momentum: sources (R) Cryptocurrencies NYSE Owner Says ‘We May Be Stupid’ for Waiting on Bitcoin Futures (B) Offbeat The 250 Most Effectively Managed U.S. Companies (W)
