Frontrunning: December 6
By Tyler Durden
- Trump heads back out on road for ‘thank you’ tour (AP)
- For Europe’s Unity, 2017 Will Be a Year of Reckoning (WSJ)
- Oil dips as OPEC, Russian output rises ahead of production cut (Reuters)
- The Pessimist’s Guide to 2017 (BBG)
- Donald Trump’s Message Sparks Anger in China (WSJ)
- Brazil’s Reform Plan in Disarray After Senate Chief Removed (BBG)
- China urges U.S. to block transit by Taiwan president (Reuters)
- Wooed by Trump, Taiwan Trembles (WSJ)
- SoftBank’s Son Said to Plan Meeting With Trump in New York (BBG)
- Syrian government, ally Russia warn rebels in city of Aleppo (AP)
- Blackstone Going Public on $10 Billion Foreclosures Bet (WSJ)
- A Cheat Sheet on the Deglobalization of the Financial World (BBG)
- One Historic Lens Says Trump Stock Market Lovefest Just Starting (BBG)
- U.S. ‘Disappointed’ by Japan’s Plan to Cut Drug Costs (WSJ)
- Family’s $29 Billion Fortune Claim Denied Amid India’s Tax Hunt (BBG)
- Orban allies tighten media grip ahead of Hungary election (Reuters)
- U.S. seeks to reassure Beijing after Trump call with Taiwan leader (Reuters)
- Theranos Foresaw Huge Growth in Revenue and Profits (WSJ)
- Rouhani says Iran will not let Trump rip up nuclear deal (Reuters)
- Danish police arrest suspect after policeman shot in head (Reuters)
Overnight Media Digest
WSJ
– The verbal confrontation between President-elect Donald Trump and the Chinese government escalated on Monday, as China responded harshly to attacks by Trump on its economic and security positions. http://on.wsj.com/2ge4jXO
– Amazon.com Inc unveiled Monday its first small-format grocery store, Amazon Go, one of at least three brick-and-mortar formats the online retail giant is exploring as it makes a play for an area of shopping that remains stubbornly in-store. http://on.wsj.com/2haHTIQ
– The euro rallied from early losses following Italian voters’ rejection of government-backed constitutional changes, but the volatile day raises concerns about how the currency survives an era of populist politicians and diverging economies. http://on.wsj.com/2h1qv8W
– A day after the Obama administration put the brakes on a Midwest oil pipeline by denying a permit needed to finish the route, a spokesman for President-elect Donald Trump said the incoming administration supports completing the project. http://on.wsj.com/2gZxrRe
– President-elect Donald Trump said he will nominate retired neurosurgeon Ben Carson as secretary of the U.S. Department of Housing and Urban Development, a move that would place a former political adversary with little housing-policy expertise in a key administration post. http://on.wsj.com/2h9PXt5
– Investor materials show Theranos projected revenue of nearly $2 billion and net income of about $505 million this year. http://on.wsj.com/2h1bCmU
– Euroskeptic parties vary in their prescriptions but are putting pressure on mainstream politicians to address perceived flaws in the EU and common currency. Elections next year in several European nations will go far to determine the fate of continental integration. http://on.wsj.com/2h9SPSS
– New Zealand is facing a leadership contest following the surprise resignation of Prime Minister John Key that will pit his deputy, a former party leader, against at least two other prominent members. http://on.wsj.com/2gXlCe2
– The U.S. Senate …read more
Source: Frontrunning: December 6
