May 15 (Monday) Markets Europe on Sale: Time to Buy Foreign Stocks (BR) Time to Buy Emerging Markets Stocks (BR) Emerging Markets: Buy Into Upside Or Sell On China Risk? (BR) How Big Are Mutual Funds’ Puerto Rico Losses? $5.4 Billion (W) Gundlach, Einhorn & Ackman at Sohn (BR) Credit Chinese, Western Banks’ Battle for Dominance Reaches Bond Market (W) Are US Treasury yields truly on the rise? (FT) Oil OPEC’s Staring Down a Double-Barrel Cut (B) Central banks The consequences of shrinking the Fed’s balance sheet (FT) US Employers Beware: About 63% of U.S. Workers Are Open to Leaving (B) Europe Merkel’s Party Wins State Election in Germany (W) Merkel delivers blow to SPD in regional election (FT) Is Germany Unbalanced or Unhinged? (Project Syndicate) China China’s President Xi Casts Country as Guardian of Globalization (W) Chinese Banks Rattled by Regulatory Blitz (W) China Eyes U.S. Energy After Inking $20 Billion in Deals (B) Emerging India needs to curb borrowing by profligate state governments (E) US politics Trump Weighs Staff Shakeup After Comey Firing (W) Democrats Keep Pressure on Trump Over Comey Firing (B) Senate Conservatives Look to Cut Medicaid (W) Geopolitics & trade North Korea Fires New Type of Missile With Longer Range (W) North Korea Fires Missile After South Korea Gets New Leader (B) Why Trump’s Scorn for TPP May Have Been Hasty (W) Cybersecurity Unprecedented Global Cyber Attack Poised to Spread (B) Why Monday May Be Another Tough Day for the World’s Computers (W) List of Cyberattack Victims Grows to More Than 200,000 (W) Timeline of cyber attack: How WannaCry spread (FT) Russian Election Meddling ‘Well Documented,’ Tillerson Says (B) Industries & companies Amazon: Amazon’s IPO at 20: That Amazing Return You Didn’t Earn (W) Retail: Mall Owners See Strength in Smaller Numbers (W) Trucking: Trucking Industry’s Tale of Woe: Too Many Big Rigs (W) Corporate finance Whole Foods Faces Specter of Long Investor Fight (W) Private equity fundraising in Europe hits 8-year high (FT) Offbeat Your Shoes Will Be Printed Shortly (W)
wiar 5-13-17
May 13 (Saturday) Markets Move Over U.S., the Stampede Is On for European Equities (B) U.S. Stocks Fall as Economic Data Disappoints (W) Money is pouring into one of the world’s biggest stock markets at a record pace (B) Sorry, Stock Pickers: History Shows You Underperform in Bad Markets, Too (W) Some of the biggest names on Wall Street all love [India’s] stock market (BI) Oil OPEC Should Give Up on Production Cuts (W) Oil Rally Fizzles as Focus Shifts to Output OPEC Can’t Control (B) U.S. Shale’s Favorite Financial Trick Is Getting Less Attractive (B) Central banks Evans Says Risks to Fed Inflation Outlook Still on Downside (B) US Gain in U.S. Retail Sales Suggests Slowdown Was Temporary (B) The U.S. Economy Is Back on Track (B) U.S. Consumer Prices Rose Modestly in April (W) Generation of Renters Now Buying (W) Don’t Feel That Pay Raise? Blame Inflation (W) Europe A Populist Storm Stirs in Italy (W) Italy struggles to cope with migrant surge (FT) Germany Says Greece Could Secure Bailout Deal in Late May (W) Macron’s political renewal pledge hits bump (FT) China Yuan Becomes Oasis of Calm in China’s Volatile Markets (W) China yield curve inverted as regulation toughens (FT) China’s April loans growth highlights debt challenge (R) China Regulators Warn Against Large Stock Sales Ahead of Summit (W) Brazil Cuts Stake in China-Led Infrastructure Bank (W) US politics Deputy Attorney General Rosenstein Agrees to Brief Entire Senate (W) Trump Warns Comey Not to Leak to the Press (W) Trump hints at releasing ‘tapes’ of talks with Comey (FT) Trump Lawyers Say Unreleased Tax Returns Show Few Russian Ties (W) Geopolitics & cybersecurity U.S. Announces Deal With China to Boost Exports (W) Beijing Trumpets U.S.-China Trade Plan as Summit Nears (W) Mnuchin’s G-7 Partners Struggle to Engage Odd Man Out on Trade (B) Major Cyberattack Sweeps Globe (W) Hackers use NSA tools in UK health service cyber attack (FT) Industries & companies Airlines: Boeing Resumes Some 737 Max Flights Two Days After Grounding (B) Amazon: Talk About Big-Box Retailing: Amazon Pushes to Sell Furniture (W) Energy: China Trade Plan Is Big Deal for Natural Gas (W) Energy: A Single Pipeline’s Taking U.S. Gas on a Rollercoaster Ride (B) Restaurants: McDonald’s Boosts Its Payout for Franchise Upgrades (W) Retail: Cratering Department-Store Sales Herald ‘Do-More-With-Less’ Era (B) Retail: Nordstrom is ‘best-of-breed’ (BI) Retail: Nordstrom’s same-store sales miss (BI) Retail: J.C. Penney Is Having a Serious Wardrobe Malfunction (B) Corporate finance Anthem Ends Cigna Pursuit, Plans to Seek Damages (W) SoftBank to Pump $5 Billion Into China’s Didi (W) Apple Invests $200 Million in Gorilla Glass-Maker Corning (B) Offbeat U.S. Revives Policy of Tougher Sentences for Drug Offenders (W)
wiar 5-12-17
May 12 (Friday) Markets Stocks Retreat After Weak Earnings (W) Peak emerging markets heave into view (FT) Taiwan Stock Index Rises Above 10,000 for First Time in 17 Years (B) China Bonds Send Fresh Stress Signal (W) The One Bond Market Where Yields are Still at Record Lows (W) Loonie, Bank Bonds Drop as Moody’s Downgrades Canada Lenders (B) Commodities OPEC Raises 2017 Estimate for Supply Growth From Rivals by 64% (B) Opec faces tough challenge reducing oil inventory (FT) Money From Chinese State Giants Helped Fund Aluminum Stockpile (W) Central banks Fed Plan for Gradual Rate Hikes Is Starting to Look Complacent (B) Dudley Says Fed May Begin Paring Balance Sheet This Year or Next (B) Goldman Expects the Fed to Do More as Financial Conditions Prove Resilient (B) Eurozone bank and high-yield bond yields widen (FT) US U.S. Producer Prices Jump 0.5% in April (W) Six-Week Low in U.S. Consumer Comfort Shows Optimism Is Easing (B) U.S. Jobless Claims Fell to 236,000 Last Week (W) Next Hot Housing Market: Starter Homes (W) The Heroin Business Is Booming in America (B) Europe EU Raises Growth Forecasts but Cites Threats From Brexit, Trump (W) Merkel Says Bigger Role for Euro-Area Backstop Worth Pursuing (B) Macron wants tougher EU on trade and foreign investment (FT) With Tax Revenues High, German Politicians Debate How to Spend the Money (W) Political fears are economic and they trace back to Italy (FT) China China’s $246 Billion Foreign Buying Spree Is Unraveling (B) US politics Trump Says He Planned to Fire ‘Showboat’ FBI Chief All Along (B) Acting FBI director contradicts Trump on Comey firing (FT) Rosenstein Pressed White House to Correct the Record on Comey Firing (W) Senate Confirms Robert Lighthizer as Trump’s U.S. Trade Representative (W) Trump Signs Executive Order Aimed at Protecting U.S. Infrastructure, Homeland Security (W) Trump to Launch Review of Federal Election Process (W) Trump’s ‘Priming the Pump’: An Old Economics Expression Has a New Fan (W) Geopolitics & terrorism Saudis Boost U.S. Ties With $40 Billion Investment (B) China Now Has a Rail Link Into the Heart of Europe (W) U.S. Weighs Expanding Laptop Ban to Europe Routes (W) Industries & companies Financials: The Volcker Rule: How Trump’s New Regulator May Unleash Big Banks (W) Financials: AIG Plans to Name Brian Duperreault as Next CEO (W) Financials: Wells Fargo to Shrink Auto Loan Holdings (B) Media: What Facebook Could Learn From China’s Censors (W) Retail: Amid Retail Funk, Macy’s Says ‘We’re Not Dead’ (W) Retail: Falling Sales Mean Tougher Fixes at Department Stores (W) Retail: Europe’s Fashion Brands Expand in U.S. Even as American Stores Close (W) Tech: Tech giants need to rein in powers before EU does (FT) Technology Amazon’s New Echo Device Will Be Watching (W) Tesla’s Solar Roof Pricing Is Cheap Enough to Catch Fire (B) Offbeat Hedge Funds Are Facing a U.S. Criminal Probe Over Bond Valuations (B)
wiar 5-11-17
May 11 (Thursday) Markets Global ETF assets reach $4tn (FT) Pimco and BlackRock Are Buying Up Assets In the ‘Fragile Five’ (B) This Is What Can Kill the Emerging Market Rally (B) Millennial investors are having a big payday as a popular tech stock soars (BI) Mobius Says Low Market Volatility Is Tied to Social Media (B) Commodities Oil prices are surging right now after a report showed falling stockpiles, greater demand (C) China Metals Bulls Aren’t Panicking Just Yet as Rally Unravels (B) Central banks What Happens When Central Banks Stop Buying Bonds? (W) Fed’s Rosengren Favors Three More 2017 Hikes to Foil Overheating (B) Global OECD Tempers Global Growth Expectations (W) US U.S. Import Prices Rose More Than Expected in April (W) Auto Loan Fraud Soars in a Parallel to the Housing Bubble (B) Europe Germany’s Schaeuble says Macron faces ‘terribly difficult’ decisions (R) China China Consumer Inflation Edged Up in April (W) Jim O’Neill Says China Fears Are ‘Completely Overblown’ (B) China is about to hold a giant meeting on spending billions to reshape the world (C) China Cement Giant Sees Big Opportunity in Paving New Silk Road (B) China ‘New Silk Road’ investment fell in 2016 (FT) A Chinese Giant Is on a Global Buying Spree. Who’s Behind It? (N) Comey Comey firing poses new risk to Trump rally (NN) Comey Ouster Threatens to Backfire on Troubled White House (B) Trump’s fury over Russia investigations spurred him to fire Comey, aides say (BI) Comey reportedly asked for more resources for Russia probe; DOJ calls reports ‘totally false’ (C) Comey Sought More Russia Funds (W) Russia’s Lavrov Drops by White House Day After Trump Fires Comey (B) Trump follows Comey firing by blasting Democrats on Twitter (BI) US politics Senate Panel Subpoenas Documents From Flynn in Russia Probe (W) Trump’s growth target ‘not achievable’ this year: Ross (R) Trump’s New Tax Plan Is a Mystery for the Middle Class (W) Geopolitics & cybersecurity New South Korean president vows to address North Korea, broader tensions ‘urgently’ (R) U.S. Pushes for More Troops, Leeway in Afghan Fight (W) U.S. to Expand Intelligence Cooperation With Turkey (W) Turkey warns U.S. of blowback from decision to arm Kurdish fighters in Syria (R) Hackers Came, but the French Were Prepared (N) Industries & companies Autos: Billionaire Icahn Loses $179 Million on Hertz Double Down (B) Health Care: Aetna to Pull Out of Current Affordable Care Act Exchanges (W) Materials: U.S. Steel CEO Steps Down Two Weeks After Earnings Miss (B) Media: Time Inc. to Cut Costs, Sell Assets (W) Retail: Whole Foods Plans to Remove More Than Half of Its Board (W) Retail: Abercrombie & Fitch in Merger Talks With Suitors (W) Tech: Snapchat Parent Posts Disappointing User Growth; Stock Plunges (W) Technology A Trump Dividend for Canada? Maybe in Its A.I. Industry (N) With New Echo Speakers, Amazon Lets You Ask Alexa to Phone Mom (N) Rise of Robo-Taxis Won’t Slow Global Auto Demand, Renault Says (B) UberEats is destroying your favorite delivery service (C) Robots Aren’t Destroying Enough Jobs (W) The New Hulu Looks a Lot Like the Future of TV (W) Offbeat Wall Street’s obscene spending confessions—commentary (C)
wiar 5-10-17
May 10 (Wednesday) Markets Markets Are Doing Nothing, and Investors Have Nowhere to Hide (B) Investors Shift Bets From U.S. Stocks to Europe at Fast Clip (W) China Stocks Adored Abroad as Local Investors See Losses Mount (B) Appetite returns for riskier US corporate debt (FT) When bonds track more than their economies (FT) Commodities Shale Drillers Are Outspending the World With $84 Billion Spree (B) Central banks Fed Won’t Sink MBS Market as Balance Sheet Slims, Rosengren Says (B) US Hiring and Job Opening Rates Held Steady During Weak Month of March (W) Europe Politicians face re-engaged German voters in poll (FT) Macron’s Economic Plans Draw Pushback in France (W) Next-generation Le Pen to step down from politics (FT) Canadian Fund With $6 Billion War Chest Picks London for EU Hub (B) China China’s Exporters Catch a Break (B) Chinese Millennials—Already Big Homeowners—Use Apps to Snap Up Overseas Property (W) US politics Trump Fires Comey as FBI Chief (W) Senate GOP Plans Secret Health Debate That May Take Months (B) Deadline Looms for GOP’s Effort to Undo Obama Rules (W) Trump’s tax plan tries to take away the drinks tray (FT) Trump Unfazed by Talk of Probe Into Russian Business Links (W) Trump Preparing Certified Letter Attesting to No Russia Ties (B) Geopolitics & trade Nafta Revamp Is Slowed by Senate Maneuvering (W) Mexico’s problems threaten to undermine Nafta talks (FT) Trump Set to Arm Kurds in ISIS Fight, Angering Turkey (W) S Korea’s new president set to rebalance region (FT) In Russia, Leaked Documents Rattle the Kremlin (W) Industries & companies Autos: Ford’s Board Pressures CEO (W) Autos: Hertz Shares Plunge on Wide Earnings Miss (W) Financials: JPMorgan Tells Banks to Partner Up as U.S. Deposit Drain Looms (B) Media: Disney’s ESPN Looks to an Online Future, as Cable Subscribers Decline (W) Media: Walt Disney profits boosted by Beauty and the Beast (FT) Media: Video game maker EA posts 17% rise in quarterly revenues (FT) Retail: To Set Prices, Stores Turn to Algorithms (W) Tech: Apple Becomes First U.S. Company to Top $800 Billion Value (B) Tech: Apple Pushes Into Analyzing Your Sleep With Beddit Acquisition (B) Tech: Snapchat Shuns Typical Global Approach (W) Tech: Alipay and WeChat Pay Make Push Into U.S. (W) Technology Amazon Unveils Echo Show Capable of Video Calling (W) Amazon adds screen to smart speaker with Echo Show (FT) Bitcoin Blows Past $1,700 Mark, Up 80% This Year (W) Facebook Says It Found Faster Way to Translate Through AI (B) Offbeat CFA Exam to Add Big Data, Artificial Intelligence as Topics (B) China Is Building a Disney World for Wine (B) Why millennials are at risk of burnout (FT)
wiar 5-09-17
May 09 (Tuesday) Markets You could sell in May — or score by buying these stocks (CBS) It’s Time to Buy European Stocks—Sorta, Kinda, Maybe (W) Gundlach Says to Short S&P 500 and Go Long Emerging Market ETF (B) These Charts Show China’s Stock Panic May Be Over: Analysts (B) Market’s ‘Fear Gauge’ Nears 1993 Low (W) Commodities & currencies Despite Sanctions, Russia’s Oil Industry Powers On (W) Opec and Russia poised to roll over oil output cuts (FT) Iron Ore Revival Snuffed Out as ‘Weakest Commodity’ Drops Again (B) Central banks Fiscal Plans Could Fuel Rate Surge (W) Fed’s Mester Warns Against Falling Behind With Rate-Hike Pace (B) US Conference Board’s Employment Trends Index Rises to 132.64 (W) France Macron’s Brand New Party Shoots for Parliament Takeover (W) In France, Divisions Remain Despite Landslide Win (W) Macron, Winner in French Election, Pushes ‘New Deal’ for Europe—but Faces Challenges (W) Macron sets his sights on economic reform (FT) Europe Expresses Caution on Macron’s Reform Ideas (W) Merkel rules out eased spending rules to help Macron (FT) Meet Emmanuel Macron, the 39-year-old former investment banker who will be the next French president (BI) Why Macron matters to the whole world (FT) Europe Merkel party defeats SPD in state poll surprise (FT) Italy’s bad debt problem refuses to go away (FT) China China posted a big surge in its exports to the US again last month (BI) Chinese Tycoons Plant Money Management Flags on Wall Street (B) Chinese Factories Going It Alone to Build the Next Must-Have Device (B) US politics White House Presses Insurance Woes in Health Fight (W) President Trump Nominates 10 for Federal Courts (W) Yates Says She Warned White House Flynn Could Be Blackmailed (B) Geopolitics Opportunity Knocks for Trump in the Middle East; Answering Will Be Hard (W) North Korea Detains Fourth U.S. Citizen for ‘Hostile Acts’ (W) Industries & companies Consumer: Restaurant Slowdown Slices Tyson’s Earnings (W) Financials: Banks Want Mnuchin to Intervene in Fight Over New Loan Rule (W) Financials: Goldman Shakes Up Leadership at Its Investment Bank (W) Financials: Bank of America’s Depositors Have Less Interest in Interest (W) Retail: Can Wal-Mart’s Expensive New E-Commerce Operation Compete With Amazon? (B) Retail: The Long, Hard, Unprecedented Fall of Sears (B) Tech: Apple’s Market Cap Hits $800 Billion Mark (W) Tech: Buffett and Munger reassess technology sector (FT) Corporate finance ChemChina and Sinochem plan merger (FT) Sinclair to Buy Tribune Media for $3.9 Billion (W) Coach eyes further M&A after $2.4bn Kate Spade deal (FT) Fight over Tribune shaping up to be big news (FT) Pandora Steps Up Hunt for Buyer, Gets $150 Million From KKR (B) VCs Put $110 Million Into Grammar-Checking Software (B) Technology Amazon Plans to Unveil New Echo (W) Microsoft Speaker Challenges Amazon Echo With Calls (W) How Self-Driving Cars Could End Uber (W) Offbeat A New Index Tracks Our National Mood One Tweet at a Time (W) Bill Clinton to team up on White House book thriller (FT)
wiar 5-08-17
May 08 (Monday) Markets The Stock-Buyback Jig Is Up (BR) Bogle Says If Everybody Indexed, Markets Would Fail Under Chaos (B) The doctor is in: Yardeni diagnoses stock market with ‘anxiety’ disorder (C) Stocks are stuck in a ‘Seinfeld market’ (BI) Oil Oil Closes Near $46 as Shale Revival Cancels Out OPEC Efforts (B) Goldman says oil prices on the brink of ‘capitulation’ (MW) Central banks Analysis: Report Keeps Fed on Track for Likely June Move (W) Fed’s Williams Stands by Hike Outlook as Unemployment Drops (B) Fed’s Williams sees balance sheet as future policy tool (R) Janet Yellen’s Long, Personal Speech on Women and Work (B) Global markets face uphill struggle as China, US tighten policy (AFR) US Businesses Struggle to Find Workers (W) Labor Shortage Squeezes Builders (W) Don’t Shrug Off Puerto Rico Risks (BR) France Macron sweeps to victory in France elections (FT) Macron Vows to Heal France’s Divisions After Victory Over Le Pen (B) Relief in Europe but Macron must consolidate win (FT) Macron Wins: Now Can Europe Do What Investors Want? (W) Macron’s ‘New Deal’ for Europe Faces Old German Doubts (W) China China Forex Reserves Swell to $3.03 Trillion, Beating Forecasts (W) China to further tighten its internet controls (R) World Bank warns of China debt risk from backdoor local borrowing (FT) US politics Senate Tackles Rewrite on GOP Health-Care Bill (W) ‘No District Is Off the Table’: Health Vote Could Put House in Play (N) Yates Testimony to Shine Public Light on Russia Probes (W) FBI found email that Lynch would do everything she could to protect Hillary from Criminal Charges Geopolitics & terrorism U.S. Pressures Abbas to End Controversial Family Payments (W) For Arab Gulf States, Israel Is Emerging as an Ally (W) Nigeria exchanges 82 Chibok girls kidnapped by Boko Haram for prisoners (R) Industries & companies Amazon: Amazon’s Next Move (BR) Health care: How US health care stacks up against the world (NN) Retail: The Amazoning of American Retail (BR) Retail: Who Says Retail Employment Is Dying? (BR) Tech: Our Favorite Security Blanket: Big Tech (BR) Tech: Buffett Says IBM Thesis Was Flawed, Blew It on Google (B) Tech: Strategies: The Fabulous Apple Cash Machine (N) Corporate finance As IPOs Pick Up, Big Startups Hold Out (W) Buffett Buffett Says Money Spent on Plumbers Better Than on Hedge Funds (B) Buffett assails Wells Fargo, defends 3G at wide-ranging meeting (R) Buffett Laments ‘Roadkill’ Who Lose Jobs, Says U.S. Must Help (B) Offbeat Eleven Madison Park is the best restaurant in the world — here’s what the 11-course tasting menu looks like (BI) Retiring: The ‘Best’ Places to Move in Retirement? They’re All Over the Map (N) Stephen Colbert’s Diatribe Against Trump to Be Reviewed by FCC (B)
wiar 5-06-17
May 06 (Saturday) Markets Quantitative Investing: a Crisis Waiting to Happen (W) Valuation expert Damodaran says he ‘doesn’t get’ Shiller’s portfolio advice (C) Virtu CEO Aims to Be Good Guy of High-Speed Trading (W) Commodities & currencies Oil Hovers Near $46 as Shale Revival Cancels Out OPEC Efforts (B) 5 Charts Explain Crude Oil’s Sudden Nosedive Toward $45 (B) Surging Copper Stockpiles Point to Concerns Over Global Demand (B) Templeton Says Emerging-Currency Rally Is Just Getting Started (B) Central banks Fed should start trimming balance sheet in second half: Bullard (R) Fed’s Williams pushes new approach to U.S. inflation goal (R) | Speech Fischer: Committee Decisions and Monetary Policy Rules (FRB) US U.S. Economy Added 211,000 Jobs in April (W) Tight Jobs Market Equals Higher Pay, Lower Profits (W) Labor Slack’s Vanishing Act Signals U.S. Wage Gains Coming Soon (B) Jobs make a comeback, unemployment rate drops to the lowest in a decade (BI) Wage growth slows down (BI) Labor force participation ticks down (BI) Men Slowly Return to the Labor Force (B) Yellen Says More Women in U.S. Workforce Would Help Boost Growth (B) Europe Poll boost for Macron as French campaign enters final kilometre (FT) In French Election, Voters Can Choose Le Pen, Macron—Or No One (W) Power behind Macron is his best friend and wife (FT) A Curious Calm in Italy’s Drama (B) Blankfein Says City of London Growth May ‘Backtrack’ on Brexit (B) China Economic Survey of China 2017 (OECD) After Months of Steady Growth, Economists See China Slowing (W) Commodities Slump Fueled by Softening Demand From China (W) China’s Booming Service Industry Can’t Keep Up With College Grads (B) China’s New Jet Completes First Flight as Xi Modernizes Economy (B) Japan Shinzo Abe’s wager on weaning Japan off pacifism (FT) Emerging Former presidents warn crisis deepening in S Africa (FT) US politics Trump signs spending bill to avert government shutdown (C) What’s at Stake Under New GOP Health-Care Bill (W) 14 Players to Watch in Senate Health-Care Overhaul (W) Democrats celebrate Trump’s healthcare victory (FT) Trump Campaign Associates Questioned Over Russia Ties (W) Barack Obama and the Big $400,000 Question (Project Syndicate) Geopolitics & trade North Korea says CIA tried to kill Kim Jong Un (FT) U.S. Aircraft Barred From Syria Safe Zones, Russia Says (W) Putin awaits return on Le Pen investment (FT) Forget the tough trade talk: Some US leaders are courting Chinese investment (C) New cyber ‘guerrilla’ attacks evade detection (FT) Industries & companies Retail: Wal-Mart Wants to Know When Your Milk Is About to Expire (W) Tech: Cramer: Warren Buffett’s decision to sell shares ‘devastating’ for IBM (C) Corporate finance Syngenta Shareholders Accept ChemChina’s $43 Billion Offer (W) Companies Rack Up Profits, but Aren’t Ready to Spend Them (W) Here are the companies hoarding the most cash outside America (BI) Technology Europe Leads as Industrial 3-D Printing Takes Shape (W) Offbeat Stephen Colbert’s Trump Comments Face FCC ‘Obscenity’ Scrutiny (W)
wiar 5-05-17
May 05 (Friday) Markets Commodities Drop Damps U.S. Stocks (W) Stocks and bonds are fully valued (BI) Ed Yardeni has a simple reason why stock-market investors are so relaxed (MW) Macron, earnings hopes send European shares to 20-month high (R) Why the ‘Fear Gauge’ Is Missing the Market’s Anxiety (W) Credit The Slow, Leaking Poison of the [Junk] Bond Market (W) The U.S. Treasury Is Studying the ‘Costs and Benefits’ of Ultra-Long Bonds (B) Commodities Deepening Gasoline Glut Pushes Oil to a Five-Month Low (W) Crude Tumbles to Lowest Since OPEC Deal (B) The World Is Buying American Diesel as Fast as Refiners Can Make It (B) Metals Extend Sell-Off on Mounting China Concerns, Fed Outlook (B) Central banks Fed officials are giving more speeches than ever but their message is still muddled (BI) US U.S. Trade Activity Picks Up in First Quarter (W) U.S. Productivity Fell in the First Quarter (W) American Consumer Comfort Remains Close to a 15-Year High (B) As U.S. Jobs Move to High Skill, Men Join College at Record Level (B) Medical Examiners Skip Some Autopsies as Opioid Crisis Mounts (W) Europe I Eurozone’s Recovery Broadens (W) Europe’s economy is doing even better than we thought (BI) Schaeuble Says Euro Area Needs Fiscal Discipline to Be Strong (B) Europe II Poll Says Macron Wins Brutal French Debate With Le Pen (B) France’s Macron accuses presidential rival Le Pen of spreading lies (R) EU Warns Emotions Getting Out of Hand on Brexit (W) JPMorgan to Move Hundreds of Staff to Three EU Offices on Brexit (B) China China’s Push to Stabilize Financial System Leaves Markets in Disarray (W) China is becoming more cautious with credit — and that’s not good for growth (BI) How China has become America’s equal, as showcased at a Harvard forum (SCMP) US politics I House Passes GOP Health-Care Bill (W) Senate GOP to Snub House Obamacare Repeal Bill and Write Its Own (B) Legislation Faces Uncertain Senate Prospects (W) Obamacare Is Still Not Dead Yet (B) GOP’s Health Plan: Tracking Key Changes One Amendment at a Time (B) Insurers Signal Big Shifts in State Health Plans (W) Out-of-Pocket Caps in Employer Plans at Risk (W) The Balance Sheet for Republicans (W) US politics II House Panel Approves Plan to Undo Parts of Dodd-Frank (W) Trump’s Tax Math Has a Big Problem (B) Ruled Out: 13 Obama Regulations Rolled Back Under Congressional Review Act (W) Trump to Ease Restrictions on Religious Groups (W) Comey’s Calculations Favored the GOP (B) Comey Says It Makes Him ‘Nauseous’ to Think FBI Might Have Impacted Election (B) Geopolitics Russia, Turkey and Iran Sign Syria ‘De-Escalation Zone’ Deal (W) North Korea issued a rare statement attacking China — and China hit back (BI) Trump’s Plan to Isolate North Korea Faces Trouble—in the South (W) Trump’s tax cut plan poses a new threat to China (SCMP) Trump visa crackdown spurs tech moves to Mexico (FT) Trump to Visit Saudi Arabia, Israel and the Vatican (W) Industries & companies Airlines: Global air passenger demand rises 6.8 percent in March: IATA (R) Autos: As Inventor of Subprime Car Loans Exits, Critics Smell a Lemon (B) Autos: Tesla is building stores all over the world ahead of the Model 3 launch (BI) Autos: Musk predicts Tesla will overtake Apple one day (FT) Autos: VW Is Back and Rolling in Cash—and That Could Be a Problem (W) Autos: Ferrari Surges to Apple-Like Margins With $2.1 Million Car (B) Energy: Shell Profit Soars as Oil Sector Bounces Back (W) Financials: BofA’s Moynihan calls big bank break-up ‘crazy’ (FT) Financials: HSBC buoyed by higher interest rates (FT) Financials: State Farm to Displace 4,200 Workers, Shutter 11 Locations (B) Media: Media Investors Fret About Outlook for Ads, Pay TV (W) Media: New York Times Co. Reports Rising Digital Profit as Print Advertising Falls (N) Retail: Can Wal-Mart’s Expensive New E-Commerce Operation Compete With Amazon? (B) Retail: Why the Retail Crisis Could Be Coming to American Groceries (B) Tech: Here’s how Apple’s iPhone sales have progressed over the years (BI) Tech: Apple Plans $1 Billion Manufacturing Fund (W) Tech: Apple Buys More Company Debt Than World’s Biggest Bond Funds (B) Technology The Future of Jobs and Jobs Training (Pew) Bosses believe your work skills will soon be useless (WP) The Upshot: How to Prepare for an Automated Future (N) Offbeat Rich Families Go Solo on Deals, Cutting Private Equity (B) Obama Unveils Design for Presidential Center in Chicago (W) Oops! Chinese defense ministry’s PLA poster a big Photoshop fail (SCMP)
wiar 5-04-17
May 04 (Thursday) Markets No, Five Stocks Are Not Exerting Any Unusual Influence on Market (B) The Mystery of the Stubbornly-Low Volatility Index Is Deepening (B) Why Greenspan’s Bond Conundrum Looks Like the New Normal (B) Wall Street Pushes Back on Mnuchin’s Idea of Ultralong Debt (W) Commodities Trump’s Commodities Rally Is Almost Gone (B) Coal Country Is Back, Along With Signing Bonuses and Pay Raises (B) Gold Miners See Super-Sized Stock Moves on Earnings Surprises (B) Oil Decline Eases as Industry Said to Report Stockpile Plunge (B) Central banks Fed Holds Rates Steady, Sees Recent Economic Slowdown as Temporary (W) Fed Remains on Track for Two More Rate Rises in 2017 (W) Why Rallying Bank Stocks Should Worry the Fed (W) US ADP Reports 177,000 Rise in Private Payrolls (W) U.S. Service-Sector Activity Accelerated in April (W) Most U.S. Homes Are Worth Less Than Before the Crash (B) Europe Le Pen Against Macron: The French Presidential Debate (W) Renzi provides cautionary tale for Macron (FT) Far-Right Vies With Center-Left for German Workers (W) StanChart picks Frankfurt for post-Brexit subsidiary (FT) US politics Trump Says a Shutdown May Be Needed to Get His Priorities Passed (W) House Passes Spending Bill That Omits Most Trump Priorities (B) Changes to Health Bill Bring Back Two GOP Holdouts (W) GOP Struggles to Find Last Few Votes to Pass Obamacare Repeal (B) Bernanke Questions Strategy and Timing of Trump Tax Cut Plans (B) What Is Washington Doing to My 401(k) Tax Break? (B) Comey Defends Handling of Clinton Email Investigation (W) Geopolitics & trade Ross Says TPP Could Form Starting Point for U.S. on Nafta Talks (B) Global Trade Growth Is About to Roll Over (B) Trump Meets Abbas, Says of Peace: ‘We’ll Get It Done’ (W) Industries & companies Airlines: American Airlines Plans to Squeeze You In Even Tighter (B) Airlines: What Caused an Epic Meltdown at Delta (W) Autos: Banks Pull Back on Car Loans as Used-Auto Prices Plummet (W) Autos: A $50,000 Chrysler Minivan Explains Slowing U.S. Auto Sales (B) Autos: Tesla Bulls Can Exhale as Musk on Time With Dawn of Model 3 Era (B) Consumer: Kraft Heinz Faces Pressure to Do a Deal as Sales Stagnate (B) Tech: Qualcomm Said to Seek U.S. Import Ban for iPhones (B) Tech: Facebook beats with $8 billion revenue and closes in on 2 billion users (BI) Tech: Facebook’s Social Network Fuels Growth as Ad Slowdown Looms (B) Tech: After Posting of Violent Videos, Facebook Will Add 3,000 Content Monitors (W) Offbeat BlackRock Warns It Would Be ‘Folly’ to Ignore Home Capital Woes (B) Einhorn Says Tesla Investors ‘Hypnotized’ in Dot-Com-Like Bubble (B)
