Tweet, Tweet, Bitcoin Hacked Again, but It’s Still $15,000

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NewsWire Market Watch – Tweet, Tweet, Bitcoin Hacked Again, but It’s Still $15,000
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CALENDAR:

Japan Leading, Coincident Index for October
Germany Industrial Production for October (2am)
France Trade Balance for October (2:45am)
Eurozone Final GDP for 3Q (5am)
Initial Jobless Claims (8:30am)
Continuing Claims (8:30am)
ECB’s Draghi Speaks (11am)
Energy Information Administration Weekly Petroleum Inventories (11am)
Household Change in Net Worth for 3Q (12pm)
Consumer Credit for October (3pm)
President Trump meets with Congressional Leaders to Discuss the Budget

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MARKET HEADLINES:

Senate votes to pursue tax bill negotiations with House ► https://reut.rs/2iXPixH

Corporate rate cut in tax bill could change as GOP hunts for votes ► http://politi.co/2k1QBYP

McConnell Names Senate Conference Negotiators ► https://www.bloomberg.com/news/articles/2017-12-06/mcconnell-says-he-s-open-to-state-break-tweak-tax-debate-update

Republicans Move to Resolve Tax Bill Differences as Cost Concerns Loom ► https://nyti.ms/2nApr0e

Trump says U.S. recognizes Jerusalem as Israel’s capital ► https://www.wsj.com/articles/trump-says-u-s-recognizes-jerusalem-as-israels-capital-1512584043

GOP leaders tamp down opposition to shutdown strategy ► http://politi.co/2iuegR9

Democratic U.S. Senator Franken faces pressure to resign, announcement looms ► https://reut.rs/2kuu3Uw

House Republicans weigh linking debt ceiling increase to spending bill ► https://www.wsj.com/articles/house-republicans-seek-to-link-debt-ceiling-increase-to-spending-bill-1512601601

Trump warns of government shutdown threat ahead of meeting with lawmakers ► https://reut.rs/2kq9Y1r

California Fires Enter the Heart of Los Angeles ► https://nyti.ms/2nAdGqz

What’s the new reason to buy stocks? ► https://www.wsj.com/articles/whats-the-new-reason-to-buy-stocks-1512642600

The great credit party is almost over, Société Générale says ► https://www.bloomberg.com/news/articles/2017-12-07/good-times-for-credit-end-finally-end-in-2018-societe-generale

Chinese banks face potential capital shortfall, IMF says ► https://www.wsj.com/articles/chinese-banks-face-potential-capital-shortfall-imf-says-1512608401

Surging online orders slow Wal-Mart delivery network ► https://reut.rs/2j140UC

Citigroup CFO sees $20 billion charge if Senate tax bill enacted ► https://www.bloomberg.com/news/articles/2017-12-06/citigroup-cfo-sees-20-billion-charge-if-senate-tax-bill-enacted

Robert Iger Likely to Extend Tenure as Disney CEO Past 2019 ► https://www.wsj.com/articles/robert-iger-likely-to-extend-tenure-as-disney-ceo-past-2019-1512592562

Lawmakers’ plans to overhaul Fannie and Freddie come into focus ► https://www.bloomberg.com/news/articles/2017-12-07/lawmakers-plans-to-overhaul-fannie-and-freddie-come-into-focus

Birth Control Pills Still Linked to Breast Cancer, Study Finds ► https://nyti.ms/2AWn9Oq

What it’s like on the All-Amazon Diet, using as many of its products/services as possible ► https://www.wsj.com/articles/its-amazons-worldbut-do-you-want-to-live-there-1512586126

The Louvre Abu Dhabi is getting the $450 million Da Vinci painting ► https://www.bloomberg.com/news/articles/2017-12-06/louvre-abu-dhabi-is-getting-the-450-million-da-vinci-painting

Credit Suisse CEO is leading the charge to return the bank to its Swiss roots ► https://www.wsj.com/articles/making-credit-suisse-swiss-again-drives-its-turnaround-1512642600

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