Thursday's News Links

[Bloomberg] U.S. Stocks, Dollar Retreat on Tax Plan Details: Markets Wrap

[Bloomberg] House Tax Bill Has Sweeping Changes for Businesses, Individuals

[Bloomberg] Trump Taps Powell for Fed to Oversee Economy Fraught With Risks

[Bloomberg] Powell, Once an Also-Ran, Set to Chair Trump’s Bank-Friendly Fed

[Bloomberg] U.S. Productivity Rises by Most in Three Years as Output Jumps

[Reuters] U.S. jobless claims fall to near 44-1/2-year low

[Bloomberg] Corporate Tax Cut to Be Phased Out After a Decade

[Bloomberg] BOE Raises Interest Rate for First Time in More Than Decade

[Bloomberg] Bitcoin Surges Past $7,000 to Extend Record Rally

[Axios] The biggest problem in the GOP tax plan

[Bloomberg] Foreigners Have New Strategy in China's Fragile Bond Market

[FT] Powell as Fed pick may not be the non-event it seems

[FT] Falling junk bond spreads trigger sense of foreboding

[FT] Tsunami of easy money makes it impossible to judge value

[Reuters] Supreme Leader Khamenei says U.S. is Iran's 'number one enemy'

Wednesday Evening Links

[Bloomberg] Asia Stocks Face Mixed Start as Dollar Climbs: Markets Wrap

[Bloomberg] Powell to Be Trump's Nominee for Fed Chair Replacing Yellen: WSJ

[Bloomberg] Here’s What You Need to Know About Powell’s Fed Chair Selection

[Bloomberg] Jerome Powell’s Views on U.S. Monetary Policy in His Own Words

[WSJ] Trump to Tap Jerome Powell as Next Fed Chairman

[Bloomberg] U.S. Stocks Pare Gains on Tax Details; Bonds Rise: Markets Wrap

[Bloomberg] Fed Signals December Hike On Track a Day Before Trump Announces Next Chair

[Bloomberg] What Wall Street Is Saying About the Delayed Tax Bill Rollout

[ABC] House tax plan lowers caps on 401(k), cuts state and local deductions

[Bloomberg] ECB Largesse Helps Bond Sales Eclipse 2016 With Two Months to Go

[Bloomberg] Canadian Junk Bond Sales Are Headed for a Record

[NYT] Math Problem Bedevils Republican Tax Rewrite

[WSJ] Venezuela in Crisis: Investors Brace for Default