EUROPE
2018 ECB outlook – Mission: possible – Pictet
United Kingdom: Concluding Statement of the 2017
Article IV Mission – IMF
UNITED STATES
Senate Passes Tax Bill 51-48, Headed Back To
House For Final Vote – ZH
The US tax bill will boost 2018 earnings
forecasts – Pictet
The 21% corporate tax
rate could cause 2018 expected earnings growth for US stocks to more than
double. We see some upside risk to our US equity scenario.
The concerning fiscal and external trajectories
of the US – voxeu
Trump May Delay Signing Tax Bill Until Early
Next Year – ZH
MARKETS
/ OTHER
In Dramatic Reversal,
China Gives Up On Deleveraging Pledge – ZH
Despite Overnight Ramp,
Stocks Are Being Dumped At The Open (Again) – ZH
Yield Curve Steepens At
Fastest Pace Since 2008 – ZH
REGULARS
FirstFT Daily Briefing – FT
US Senate passes tax bill, Uber hit by court ruling, Cardinal Bernard Law
dies
US Economy to Test Tax Cut Theories, Bitcoin Swings as Alternative Is
Added to Exchange
Polish sanctions — Italian priorities — Catalan fear campaign
Five Things You Need to
Know to Start Your Day – BB
Dow 25,000 In Sight As Tax Cuts Are "Priced In" One Last Time