Week InReview

"In the week after Donald Trump's U.S. election victory, investors pulled more cash out of U.S. fixed-income funds than at any time over the last three years, in one early sign that the recent bond selloff may have legs. Big selloffs in bond markets often go hand in hand with investors taking money out of mutual funds. This can create a vicious cycle, whereby selling begets more selling."

18 Nov 2016
Friday, November 25, 2016
Let's recap
In case you missed it . . .
Groups may need fresh cash if proposed Republican corporate tax cuts are enforced (Nov 23)

The only certainty is that determining at this point how Mr. Trump might revamp our financial regulations is a fool's folly (Nov 22)

President-elect's team said to consider names for key Fed role; appointee would take over for 'alpha dog' regulator Tarullo (Nov 22)

The wheels of the $1.3 trillion U.S. junk-bond market are slowly grinding to a halt (Nov 21)

Regulations force banks to examine all aspects of trading operations to squeeze costs (11/21)
Binge reading disorder
Hand-curated, chosen with love
Ringside With Steve Bannon at Trump Tower as the president-elect's strategist plots "an entirely new political movement (exclusive)
"I'm not a white nationalist, I'm a nationalist. I'm an economic nationalist," Bannon says as the controversial Breitbart News chief turned White House adviser unleashes on Hillary Clinton, Fox News and his critics.

The long-awaited bonfire of the bond proxies
Miles Johnson asks if investors who hold these shares should rush for the exit?

Microsoft spends big to build a computer out of science fiction
Microsoft is putting its considerable financial and engineering muscle into the experimental field of quantum computing as it works to build a machine that could tackle problems beyond the reach of today's digital computers.