Today’s Issue Cluster: Tobacco
Silicon Valley – Smaller businesses fear freeze from EU privacy ruling
TPP – Canada’s NDP Opposes
Coal – India opening a mine a month to double output by 2020
Germany – Aug: EMs slowdown hits exports; -5.2%, +5.0% yr / AP / FT
US – Week: Jobless Claims Fall; -13k to 263k / B / WSJ / R
Bonds – China Starts Dumping US Government Debt WSJ *
Bonds – US junk cracking after debt binge FT * * *
World – IMF Downgrades Economic Outlook Again WSJ *
World – IMF warns of fresh shocks to financial stability FT * *
Japan – Abenomics Is Doing Better Than You Think WSJ *
Japan – Needs extra stimulus, says Abe adviser FT * *
BOJ – Pressure building to ease monetary policy further WSJ *
BOJ – Japan weighs policy easing options FT * *
BOJ – Bank damps hopes for stimulus boost FT / WSJ
US – Dodd-Frank’s Effect on Small Banks is Muted WSJ *
US – Bank Failures by Year cr * *
US – Record ATM Fees Rise Toward $5 WSJ * *
US – As Housing Heals, Are Mortgage Stocks A Good Bet? IBD
US – CoreLogic: House Prices up 6.9% / cr *
US – Reis: Apartment Market Boom Levels Out / WSJ / cr *
US – Reis: Office Vacancy Rate declined in Q3 to 16.5% / cr *
US – Reis: Mall Vacancy Rate unchanged in Q3 / cr *
US – AIA Billings Indicate Slight Contraction / cr *
US – UAW Threatens Strike at Fiat Chrysler WSJ / R *
US – UAW Standoff at Fiat Chrysler Continues WSJ / B *
Cigs – Low-nicotine brands cut use, dependence AP
Cigs – Prospects burn bright for self-igniting cigarettes FT
Cigs – Americans Smoking Again, a Boon for Tobacco Bonds B / B *
E-Cigs – We Don’t Know If They Lead Kids To Real Cigs 538
E-Cigs – UK officials call for faster medicinal licensing FT / NYT / R *
Silicon Valley – EU Strikes Down Data-Transfer Pact WSJ / NYT / FT / B / IBD / FT / zd *
Silicon Valley – Smaller businesses fear freeze from EU privacy ruling R
TPP – Clinton Comes Out Against Deal WSJ / FT / NYT / B / R / AP / AP *
TPP – Canada’s NDP Opposes G&M / ft *
TPP – Currency Deal Puts Yellen in the Spotlight B *
TPP – Brazil on the outside, looking in on ‘very negative’ effects G&M
TPP – Vietnam looks for boost FT / AP *
TPP – Company Stampede to Southeast Asia Seen WSJ *
TPP – A Mixed Bag for Asian Firms WSJ *
Coal – Half of World’s Output Is Unprofitable, Moody’s Says B * *
Coal – Obama’s focus on climate change signals dismal future B * *
Coal – Things Can’t Get Much Worse After a Dire 2015 B / FT *
Coal – India opening a mine a month to double output by 2020 R
Percentage of smokers worldwide motw *