Today's Headlines

Bloomberg:

• Erdogan Vows to ‘Destroy Threats’ After Istanbul Gunman Kills 39. Turkey’s president vowed to “destroy threats” targeting the nation after a gunman opened fire inside a popular Istanbul nightclub, killing at least 39 people, including 15 foreigners -- an act of terrorism that has become grimly familiar in Turkey. The assailant escaped and a manhunt has been launched, Turkish Interior Minister Suleyman Soylu said on Sunday. No one has claimed responsibility for the attack, the latest in a string of assaults that have multiplied as Turkey steps up its war against Islamic State and Kurdish militants. Prime Minister Binali Yildirim said the gunman left his rifle at the scene before fleeing.

Wall Street Journal:

• Re-Energized Dollar Looms Over the Rest of the World. On Wall Street, the rising dollar has been one of the most visible signals of growing optimism in the U.S. economy; for many other countries, it spells trouble.
• Europe’s Fate in 2017: Caught Between Low Rates and Populist Politics. Europe seems on course for modest growth in 2017—unless Brexit proves to be the start of something bigger.

Fox News:

• Chicago records 762 homicides in 2016, up 57 percent from previous year. (video)

CNBC:

• China's homegrown populism to test Xi Jinping. Britain voted to leave Europe, and the United States voted to elect Donald Trump. Now, could China be facing a populist backlash of its own?

Zero Hedge:

• Trump Hints At "Russian Hacking" Revelations In Coming Days: "I Know Things Other People Don't".
• How George Soros Destroyed The Democratic Party.
• How Hedge Funds Closed Out 2016, And Why Hopes For A 2017 Rebound May Disappoint.
• Manhunt Underway For Gunman Who Killed 39 At Istanbul Nightclub.
• "Something For Nothing" All-Weather Funds Disappoint In Post-Election Era.
• For The First Time Since World War II, No US Carriers Are Deployed Anywhere In The World.

Business Insider:

• Here's what 10 Wall Street pros are predicting for the stock market in 2017. 
• ISIS is planning a chemical attack on Britain.
• The boss of one of the world's largest companies tells us how Trump is going to boost the US economy through tax reforms.
• The top 7 retailers to watch in 2017.

The Telegraph: 

• The political earthquakes which could shake Europe's economy this year.

Xinhua:

• China PBOC Adviser Calls for Lower Growth Target. Chinese government should set more flexible target for economic growth in 2017 to provide room for reform, Huang Yiping, member of PBOC's montetary policy committee, tells Xinhua. Huang proposes GDP growth target of 6-7% in 2017, compared with 6.5-7% in 2016. Large-scale monetary  loosening unlikely, while possible of tightening cannot be ruled out, Huang said.