Today’s Issue Cluster: US Monetary Policy
US – Next Rate Hike: Mortgages
US – ‘Revolving Door Helps Big Banks’ Muscle Out Fannie and Freddie’
El Niño – Sugar Shortage Drives Bullish Bets to Seven-Year High
Japan – Dec: Markit PMI dips; 52.5 from 52.6 / m *
EZ – Dec: Markit PMI edged down; 54.0 from 54.2 / FT / WSJ / B *
US – Nov: Industrial Production Down; -0.6% from -0.4% / WSJ
US – Dec: Housing starts rebound; +10.5% from -12.0% / R / AP / WSJ
Currencies – Calm frays as Fed threatens another storm of volatility B *
US – Boost From Oil-Price Drop Is Elusive WSJ
US – Credit Card Debt Continues to Swell B *
US – Fed Report Says Household Net Worth Declined by $1.2t WSJ *
US – Middle Class Is No Longer the Majority wsj *
US – Summers: We might be facing a world of high volatility wapo *
Fed – Poised to Mark the End of an Era WSJ *
Fed – Ghost of September’s Delay Haunt Decision B * *
Fed – Risks New Distortions WSJ *
Fed – Markets make decision harder FT *
Fed – How Yellen intends to raise rates FT * *
Fed – What Yellen Will Be Watching to See If Liftoff Worked B * *
Fed – Economists forecast multiple rate rises next year FT / AP * *
Fed – Officials Worry Rates Will Go Up, Only to Come Back Down WSJ *
Fed – It’s the trajectory that counts FT * *
Fed – Steers for calmer waters FT * *
Fed – The Mystery of Missing Inflation WSJ *
Fed – A Brief History of U.S. Inflation Since 1775 wsj *
Fed – The Bizarre Theory That Says Increases Will Fuel Inflation B *
Fed – US industrial heartland frets as rate rise looms FT *
Fed – It may be too late already for the ECB divergence trade B / NYT *
Fed – Eastern Europe could cushion blow of rate rise FT *
Fed – Lift-off is Mexico’s rate rise dilemma FT
Fed – Jittery EMs await policy fallout FT / FT * * *
Fed – Rupee, yen may be Asian currencies most insulated B *
US – Banks Prep for Trading Influx, as Rate Rise Looms WSJ
US – Banks prepare for assault from online rivals FT
US – What’s In Store For Homebuilders As Rate Hike Looms? IBD
US – First time home buyers set for rate rise bruising FT *
US – Next Rate Hike: Mortgages B * *
US – ‘Revolving Door Helps Big Banks’ Muscle Out Fannie and Freddie’ NYT
US – Cities work to create middle class housing WSJ *
US – Rental Prices Less Affordable B * *
US – Commercial Real-Estate Prices Soar WSJ *
US – Chinese Rich Stashing Cash in Hotels and Strip Malls WSJ
El Niño – Cools Africa’s Economic Engine WSJ *
El Niño – Could spell a bad year for maple syrup CP
El Niño – Sugar Shortage Drives Bullish Bets to Seven-Year High B *
El Niño – Could be a boon or a blow to CA vineyards LAT
The professional trajectories of the original Star Wars cast e *
