Bloomberg:
- Trump Swings Into Action on Trade, Adds Edge to Nafta Talks. President Donald Trump’s threat to scrap the North American Free Trade Agreement could take on a sharper edge now that he’s pulled the trigger on new import tariffs. Trump took his first big step toward erecting trade barriers on Monday by slapping new “safeguard” duties on solar-panel and washing machine imports to protect U.S. industry. The decision could fray nerves at this week’s round of negotiations with Canada and Mexico to revamp Nafta. Trump has repeatedly threatened to withdraw from the pact -- and now he’s shown that he’s ready to put harsh words on trade into action.
- German Investor Sentiment Gains as Economy Faces Bumper Year. German investor confidence rose to an eight-month high in January, setting an optimistic tone for Europe’s largest economy in 2018. The ZEW Center for European Economic Research in Mannheim said on Tuesday that its index of investor expectations increased to 20.4 from 17.4 in December. Economists in a Bloomberg survey predicted a gain to 17.7.
- Iron Ore Tumbles Back Toward $60s.
- Disney(DIS) to Give Employees $1,000 Bonuses in Wake of Tax Reform.
- Caterpillar(CAT) Earnings Outlook Improves Most Among Dow Members.
Wall Street Journal:
- Manufacturers Fight Over New Tariffs’ Effect on U.S. Jobs. Tariffs target imported solar panels and washing machines.
- The Programmer at the Center of a $100 Billion Crypto Storm. How a top source of bitcoin data contributed to a sudden plunge in digital currencies.
- Tesla(TSLA) Gives Musk New Long-Term Pay Deal Tied to Big Targets. The 10-year compensation plan ultimately aims for Tesla market cap of $650 billion.
- Unlike the North, Many in the South See the U.S. Tax Plan as Good News. Officials expect a cap on federal deductions of state and local taxes for taxpayers to be a boon for the low-tax region.
- Apple(AAPL) to Begin Selling Delayed HomePod Speaker. Delay cost the tech giant a potentially lucrative debut during of the holiday shopping season.
CNBC:
- Fearful millennials are finally ready to take a chance on the stock market.
- JP Morgan Chase(JPM) to build 400 new branches, raise wages because of the tax cut.
- Bank of America(BAC) raises its 2018 market forecast after S&P 500 surpasses initial target in January.
- A 'big money indicator' is pointing to more record highs for stocks. (video)
- Verizon(VZ) says many workers will receive shares of stock.
- These Obamacare taxes are suspended in the deal to end the government shutdown.
- Billionaire hedge fund manager Ray Dalio says market surge ahead: 'If you're holding cash, you're going to feel pretty stupid'. (video)
- McDonald's(MCD) franchisees expect new Dollar Menu to boost sales in early 2018.
- Criminal activity will spur government intervention and kill bitcoin: Hermitage CEO Bill Browder. (video)
- Credit card debt hits a record high. It's time to make a payoff plan.
Zero Hedge:
- FBI Agents Discussed "Secret Society" Within DOJ And FBI Working To Undermine Trump.
- "Jaw-dropping" Text Message By FBI Agent Suggests No Trump Collusion With Russia.
- "Stupidest Damn Thing I've Ever Seen": 'Sellout Schumer' Under Fire For Shutdown Deal.
- BofA Raises S&P Target To 3000 After Getting Steamrolled By The Market.
- Richmond Fed Suffers Biggest 2-Month Drop Since 2006. (graph)
- Twitter(TWTR) COO Anthony Noto Resigns, Stock Slides.
- Violent Yen Rollercoaster Stuns Traders As BOJ Sends Conflicting Messages.
- U.S. On Track To Unseat Saudi Arabia As No.2 Oil Producer In the World
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