Monday's News Links

[Bloomberg] U.S. Stocks Rise Despite NYC Explosion; Gold Falls: Markets Wrap

[Bloomberg] Bitcoin Futures Start With a Bang as Gain Trips Circuit Breakers

[Reuters] Powell faces early test of policy view as tax cuts near approval

[Bloomberg] The Middle Class Might Not Even Notice If the GOP Cuts Their Taxes

[Bloomberg] Investors Told to Brace for Steepest Rate Hikes Since 2006

[Bloomberg] China Credit Growth Exceeds Estimates as Funding Remains Buoyant

[Bloomberg] Chinese Regulator Cracks Down on Booming Hedge-Fund Industry

[Businessweek] Small Banks, Big Worry

[Reuters] Exclusive: Contenders emerge for No.2 Fed job, search to narrow

[WSJ] Small Investors Face Steeper Tax Bill Under Senate Proposal

[WSJ] The New Face of Treasury Auctions

[WSJ] Another Sign of Frothy Markets: Blank-Check Boom

[WSJ] Upper East Side Townhouse in Contract for a Record $80 Million

[WSJ] China’s Clean Energy Future Has a $1.2 Trillion Problem

[FT] Congress tax cuts put the heat on Fed hiking cycle

[FT] North Korea says US naval blockade would be ‘declaration of war’

Sunday Evening Links

[Bloomberg] Stocks in Asia to Nudge Higher on Economy Hopes: Markets Wrap

[Bloomberg] Bank of Japan's $150 Billion ETF Binge Looks Likely to Slow Next Year

[Reuters] Steinhoff calls in Moelis and AlixPartners to advise ahead of lenders' meeting

[NYT] A Fed Rate Increase Is Expected. But What Comes Next?

[FT] Fed rates rise signals more increases next year

[FT] China volatility darkens 2018 investment outlook

[FT] Wall Street lobbies against measure hitting high-tax states

[FT] Bitcoin bubble follows classic pattern of investment mania

Sunday's News Links

[Bloomberg] Forget Brexit, Poland Risks Being the EU's Real Rogue State

[WSJ] U.S. Sets January Push for $1 Trillion Infrastructure Revamp