Today's Headlines

Bloomberg:

• Draghi Focuses on ECB Stimulus as Latvia Sidelined in Brussels. (video) Mario Draghi largely skirted the Latvia crisis affecting the European Central Bank and stuck to his plans to keep adding stimulus as he addressed European Parliament lawmakers on Monday.The ECB president said he’s not yet ready to pare back support for the euro area despite increasing confidence that inflation will pick up. Economic slack may be bigger than thought, and policy makers must remain persistent in providing monetary accommodation, he said, adding that they must also recognize the support comes from the full suite of measures and not just bond purchases.

• Iceland Among Warmest Places as Big Chill Hits Europe.

• A Third of U.S. Homebuyers Are Bidding Sight Unseen.

• Here's One Sign the Selloff Pressure for Risk Parity Is No More. (video) The worst may be over for a popular volatility-linked trading strategy blamed by somefor exacerbating the recent global rout. Risk-parity funds -- which apply leverage to fixed-income holdings in a bid to spread risk equally across asset classes -- are within striking distance of their target level of volatility, suggesting they are under less pressure to lighten up on risk.

• Treasuries Are on Knife-Edge But Big Funds Ready to Add Risk. (video) Not everyone shares Bill Gross’s conviction the bond bear market has started. His former colleagues at Pimco are tiptoeing back toward securities most exposed to interest-rate risk, even as the psychologically key 3 percent threshold looms large for 10-year Treasury yields. And they’re not alone -- Nomura Asset Management is also rekindling duration bets.

Wall Street Journal:

• Trump Sees Role for Mental Institutions in Stopping Mass Shootings. President says bump stocks will be banned whether Congress acts or not.

• Trump’s Task: Bridge Cultural Divide on Guns. A president known more for dividing than uniting has an opening this week.

• Choppy Markets Grant Hedge Funds Their Wish. Caxton, Graham Capital and other funds post gains this year after losses in 2017.

• Qualcomm(QCOM) Warms to Broadcom Bid, but Price Is Sticking Point. The two companies have made progress on many fronts, but are still split on a price.

• What the Hospitals of the Future Look Like. The sprawling institutions we know are radically changing—becoming smaller, more digital, or disappearing completely. The result should be cheaper and better care.

Fox News:

• Florida deputy who didn't enter school during mass shooting is not 'a coward,' lawyer says. (video)

CNBC:

• Warren Buffett says he has $116 billion to spend. Here are five companies he should buy. (video)

• While everyone else was selling stocks this month, companies were buying heavily.

• Wall Street's 'dean of valuation' says Apple(AAPL) is a 'cash machine'. (video)

• Airstream to expand production to meet booming RV demand.

• SoftBank $100 billion Vision Fund will invest in 70 to 100 tech companies, says fund CEO. (video)

• Soaring earnings to overtake inflation as big story of year, Federated's Steve Chiavarone says.

• Think twice before buying Samsung's new smartphone.

• Tech giants could be taxed up to 5 percent of total revenue under new EU plan.

• General Electric(GE) shares fall below $14 after Justice probe revealed; taps accounting, turnaround experts for board.

• Hedge funds rake in $14 billion from investors in best start to a year since the financial crisis.

Zero Hedge:

• Euro Drops After EU Plans Tax-Hikes On Tech Firms.

• Questions Emerge Over Florida Shooter's "Full Metal Garb".

• Dallas Fed Bucks Survey Trend - Soars To 13 Year High. (graph)

• MiMedx Slammed on Bloomberg Report of DOJ Probe.

• Goldman's(GS) Trading Desk Had Its Worst Year Since 2004: Here's Why.

• January New Home Sales Crash As Rates Spike. (graph)

• Supreme Court Rebuffs Trump's DACA Challenge.

• "Never Seen Such A Large Crowd": Record Numbers Flock To Florida Gun Show After Shooting.

Business Insider:

• Netflix(NFLX) hits a record high — and it's the best performing FAANG stock this year.