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Tuesday, January 16

16th Big "up'n'down"






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EUROPE
ECB supervision of failing banks is flawed, auditors warn – Reuters

German coalition hopes suffer setback after Berlin SPD vote – FT
The Berlin branch of the Social Democrats has voted against forming a grand coalition with Angela Merkel’s CDU/CSU, in a big blow to the SPD leadership.

  ITALY
Ferdinando Giugliano: After Trump and Brexit, Italy Falls for Nostalgia – BB
Don't blame only the politicians. Italian voters are also fed up with "reform."

Italian Election Factbook – Danske Bank
The countdown has begun but ITExit risk remains low

4 reasons to worry about Italy – Politico
Public debt, migration, euroskepticism, Russia - political uncertainty is likely to be the winner in the March general election.


UNITED STATES
'Shithole-Gate' Might Lead To Government Shutdown As Democrats Balk At Deal – ZH

Fed is set to hike in March and three times this year – Danske Bank


MARKETS / OTHER
Stocks Slammed As VIX Spikes To 1-Month High – ZH

"Buy Puts Now": Morgan Stanley Issues A Warning – ZH

Albert Edwards: The Trigger For The Next Market Correction – ZH

BofA: "Investors Are Long, Unprotected And Partying Like It's 2019" – ZH

Investors Say the Global Stock Rally Won't Fizzle Out Until 2019 or Beyond – BB
BofA survey finds drop in number of investors with protection * ‘Buy the first rate hike, sell the last’ playbook being used


Leonid Bershidsky: Trump Is Helping To Make Elites Great Again – BB
In Davos, the U.S. president will serve as a good backdrop for the appearances of more successful leaders.


REGULARS
FirstFT Daily Briefing – FT
Big Pharma, Soros fights back, the least racist people

WSJ City – WSJ
The Dollar’s Decline Has a Flipside, Airbus Takes Aim At Trump’s Trade Stance

“Best of the web” daily charts – Lukas Daalder

Danske Daily – Danske Bank

Daily Market Comment – Marc Chandler
Dollar Given a Reprieve

Brussels Playbook – Politico
EU Cappuccino Index — Micro plastic strategy — Another Romanian PM out

Five Things You Need to Know to Start Your Day – BB

US Open – ZH
Dow To Open Above 26,000 As Global Stock Meltup Turns Parabolic, Dollar Rebounds

Frontrunning – ZH


FINNISH
Aamukatsaus – Nordea
Asuntojen hinnat laskivat Ruotsissa 0,9 % (k/k) | Ison-Britannian inflaatio julkaistaan tänään | Euro jatkoi vahvistumistaan dollaria vastaan

Aamukatsaus – Danske Bank