Wednesday's News Links

[Bloomberg] Dow Tops 20,000 as Earnings Feed Rally, Bonds Fall: Markets Wrap

[Reuters] Reignited Trump trades boost stocks, Dow 20,000 in sight

[Bloomberg] Asia Stocks Extend Global Rally on Growth Optimism: Markets Wrap

[Reuters] UK PM May says she will publish 'White Paper' setting out Brexit plan

[Bloomberg] U.K.’s May Faces Brexit Revolt as Lawmakers Challenge Her Power

[Reuters] Surprise China MLF rate rise weighs on bonds; yuan and money rates fall

[Bloomberg] China Policy Signals Perplex Market as Fidelity Says ‘Confused’

[Bloomberg] Trump Is Squeezing Detroit at the Worst Possible Time

[CNBC] The five trades that most people have gotten wrong

[Bloomberg] Americans Are Flipping Houses Like It’s 2006

[Bloomberg] Greece’s Tsipras Insists on ‘Not One Euro More’ of Austerity

[Washington Post] German opposition picks former E.U. lawmaker to challenger Angela Merkel

[FT] Foreign participation in US debt auctions subdued

[NYT] Facing Trump, Mexicans Think the Unthinkable: Leaving Nafta

[WSJ] ECB’s Lautenschläger ‘Optimistic’ Exit of Bond-Purchase Program Is Near

[WSJ] Trump Readies Plan to Build Border Wall

[FT] ECB hawk reignites debate on ending monetary stimulus

Tuesday Evening Links

[Bloomberg] Asian Stocks Extend Global Rally as Yen Weakens: Markets Wrap

[Bloomberg] U.S. Stocks Climb on Earnings as Commodities Rally: Markets Wrap

[Bloomberg] Trump Advances Keystone and Dakota Pipelines, Fulfilling Pledge

[Bloomberg] Existing U.S. Home Sales Fell in Dec.; 2016 Best in Decade

[Reuters] U.S. home sales drop as supply tumbles to 17-year low

[Reuters] ECB should soon start discussing exit from stimulus: Lautenschlaeger

[Bloomberg] China Small-Cap Stocks Extend January Slump on Liquidity Squeeze

[Bloomberg] Pricier Oil Means China's Foreign Reserves Will Shrink Even Faster, Goldman Says

[Reuters] China says will protect South China Sea sovereignty

[NYT] Trump Injects High Risk Into Relations With China

[NYT] Federal Debt Projected to Grow by Nearly $10 Trillion Over Next Decade

[NYT] For C.E.O.s, a New Concern: The Activist in Chief

[FT] Mexico braces for confrontation with Trump team

[FT] Turkey’s interest rate moves leave country in a mess