Xi may soon come to Mar-a-Lago. President Trump's advisers have informally discussed holding a summit there next month with Chinese President Xi Jinping to try to end the U.S.-China trade war, according to two administration officials with direct knowledge of the internal discussions.
Both officials, who are not authorized to discuss the deliberations, described Trump's club in Palm Beach, Florida, as the "likely" location for the leaders' next meeting, but stressed that nothing is set. The meeting could come as soon as mid-March, these sources said.
The most powerful actors in the financial world might well be the index providers. They essentially compel all passive investors when it comes to their asset allocation. They also create the benchmarks against which nearly all active investors are measured.
The state of play: When indices change, billions of dollars of money can end up moving as a result. When it comes to emerging markets, the two giants of the indexing world are the MSCI for stocks and the EMBI for bonds. When those indices are altered, all emerging-market fund managers, be they active or passive, will feel the consequences.
Former New York Times Executive Editor Jill Abramson defended her new book on CNN's "Reliable Sources" Sunday amid accusations of rampant plagiarism, claiming that there were "some errors in the way I credited sources, but that there's no attempt to pass off someone's ideas, opinions and phrasings as my own."
