Wednesday, October 18

ByKevin Sheekey

MiFID Scoop of the Day (and Most Read on Terminal): 
Wall Street Said to Get Key SEC Reprieve Over MiFID (Bloomberg)

Xi Jinping kicked off China’s party congress in a three hour speech where he outlined his vision for the country. The Road Ahead for China – In Xi Jinping’s Words (South China Morning Post) 

On BBC’s Newsnight last night, the President of the European Parliament said the UK government was not ‘realistic’ in its approach to the financial settlement over Brexit. Britain’s Brexit Divorce Bill Offer is ‘Peanuts’ (Telegraph)

Really?  The US is ‘surprised’ by Mexico and Canada not backing it’s demands as talks are extended into 2018. NAFTA Deadlock Dashes Hopes for Quick Deal (Bloomberg)

Shock Poll:  Alabama Senate Race Tied (Fox News)

The ubiquitous Doug Schoen writes in the New York Times today:  “If the (Democratic) party is going to have any chance of returning to its position of influence and appeal, they need to work with Wall Street to push policies that create jobs, heal divisions and stimulate the American economy.” Why Democrats Need Wall Street (New York Times)

Forbes is out with their 400 wealthiest Americans, led by Bill Gates, Jeff Bezos, Warren Buffett, Mark Zuckerberg, Larry Ellison, Charles Koch, David Koch and Mike Bloomberg.  Donald Trump dropped 92 spots after losing $600 million in the year due to a tough New York real estate market, a $25 million settlement around Trump University and an expensive presidential campaign.  The 400 Richest Americans in 2017 (Forbes)

Tweet of the day:

@MikeBloomberg: Glad to catch up longtime member of the extended Bloomberg family Natalie Portman to talk @Everytown, @MomsDemand and gun safety.

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