What I Am Reading

February 04 (Friday) YRI Daily Markets Overview See subscribers’ link below for today’s Morning Briefing. Replay of Dr. Ed’s webinar on January 31. Markets Disappointing Meta, PayPal Earnings Send Shudders Through Stock Market | W U.S. oil prices top $90 a barrel for the first time since 2014 | C Oil Frackers Brace for End of the U.S. Shale Boom | W Central banks As Inflation Soars, Central Banks Scramble to Lift Rates | W GOP senator grills Biden Federal Reserve nominee Sarah Bloom Raskin | C Sarah Raskin’s Systemic Risk at the Federal Reserve | W US Why the January Jobs Report May Disappoint, and Is Sure to Perplex | N January jobs report could show omicron caused sharp fall in payrolls | C Housing wealth is setting new records for both owners and sellers | C America’s economic recovery is about to go into reverse | NN Opinion | Wealth Inequality Is the Highest Since World War II | N Geopolitics & trade Global Tax Deal Would Undercut U.S. Tax Breaks, Businesses Warn | W China’s Unspoken Winter Olympics Theme: ‘We’re Here, Get Used to It’ | W U.S. Says Russia Is Planning to Fabricate a Pretext to Invade Ukraine | W Industries & companies Airlines: Southwest will bring booze back on board Feb. 16 after nearly two years | C Autos: Used-car prices may be easing, research shows | C Autos: Ford Earnings (F): Profit Falls Short of Estimates Despite Rising Car Prices | B Consumer: Amazon hikes Prime membership fees in U.S. as wages, costs rise | R Consumer: Amazon (AMZN) Stock Jumps Set for Biggest One-Day Gain in Market Value Ever | B Tech: Is Big Tech a Safe Stock Bet? Meta’s (FB) $250B Crash Has Traders Weighing Risk | B Digital currency India budget 2022: Digital rupee and crypto tax announced | NN Virus U.S. Covid-19 Hospitalizations Continue Tracking Downward | W

February 03 (Thursday) YRI Daily Markets Overview See subscribers’ link below for today’s Morning Briefing. Replay of Dr. Ed’s webinar on January 31. Markets Stocks rise for a fourth straight day as Alphabet fuels tech gains, Dow jumps more than 200 points | C Stocks Extend Winning Streak to Four Sessions | W Growth Hedge Funds Suffer Worst Rout in Years | W U.S. yield curve inversion may be ‘false positive’ recession signal – Credit Suisse | R Global A Normal Supply Chain? It’s ‘Unlikely’ in 2022. | N Central banks The Fed Is Trapped: It Has No Room to Taper or Raise Rates | Mises Wire As Fed fights inflation, ‘dovish’ may not define Biden’s newest nominees | R Sarah Bloom Raskin Faces Senate Questions Over Climate Views | W Who is Lisa Cook? Historic Federal Reserve nominee faces Senate hearing | C ECB seen on hold but may acknowledge inflation risks | R US Consumers Are Pivoting Spending to Services Like Dining and Travel | W January’s payrolls report could show as many as 400,000 jobs lost | C How Rent Hikes Make Buying a House Even Harder | W U.S. National Debt Exceeds $30 Trillion for First Time | W   China China Fortifies Its Borders With a ‘Southern Great Wall,’ Citing Covid-19 | W China property developers’ cash squeeze drags down elevator-maker Kone | yahoo Europe Eurozone Inflation Rises to Fresh Record, Against Expectations | W Geopolitics & trade U.S. Orders 3,000 Troops to Bolster European Allies in Russia-Ukraine Crisis | W FBI chief says threat from China ‘more brazen’ than ever before | C U.S. Moving—Some Say Too Slowly—to Address TikTok Security Risk | W Industries & companies Energy: Can Germany Show Us How to Leave Coal Behind? | The New Yorker Restaurants: The restaurant business will probably never recover from Covid | NN Tech: Meta Reality Labs reports $10 billion loss | C Climate The Texas Electric Grid Failure Was a Warm-up | Texas Monthly Extreme heat driven by climate change is new normal for oceans | C EXCLUSIVE IMF staff cut critical coal language from Japan statement -document | R Biden urges against USPS plan to spend billions on gas vehicles | C Virus Denmark ends COVID restrictions — when will the US open society? | P Airlines ask Biden to drop Covid testing for vaccinated travelers before U.S.-bound flights | C Crosby, Stills & Nash want their music removed from Spotify Over Covid Misinformation | C Beyond markets NFT Art Exists in the Digital World. Collectors Want to Put Them on the Wall. | W Olympian Eileen Gu competing for China is ruffling US skiers | P

February 02 (Wednesday) YRI Daily Markets Overview See subscribers’ link below for today’s Morning Briefing. Replay of Dr. Ed’s webinar on January 31. Markets U.S. Stocks Waver Ahead of Earnings | W Stocks gain for a third day as the market’s comeback from the depths of the January sell-off continues | C After volatile January, choppy start of new month for world stocks | R Companies raise over half a trillion dollars of debt in record Jan – Refinitiv | R Central banks Fed’s Bullard sees rate hikes now, then time to assess | R Fed Nominee Has Studied How Policies Affect Economic Opportunities | W Opinion | How the Fed Is and Isn’t ‘the Supreme Court of Finance’ | N US I After a huge year for growth, the U.S. economy is about to slam into a wall | C U.S. Job Openings, Quits Remained Elevated at End of Last Year | W There were 4.6 million more jobs than unemployed workers in December | C Paychex CEO says rising inflation, waning Covid money help small business owners fill open jobs | C Remote work, innovation, and the Great Resignation – Vox US II Omicron restrains U.S. manufacturing; supply bottlenecks slowly easing | R’ Coffee Prices Climb, Pushed Up by Bad Weather and Supply-Chain Woes | W The State of Real Estate | MarketMinder | Fisher Investments Consumer Pessimism Grows as Inflation Accelerates | W 2022 midterms: Republican super PACs outraise Democratic rivals | C China China population: county sparks uproar by telling ‘leftover’ women to marry unemployed men | SCMP Geopolitics & trade Putin accuses U.S. of trying to lure Russia into war | R Putin Says West Failed to Address His Demands in Ukraine Standoff | W Russia Confronts Ukraine With Upgraded Military Rebuilt After Soviet Collapse | W U.S. trade official says China failed to meet ‘Phase 1’ commitments | R Industries & companies Autos: Ford reportedly plans to increase EV spending by up to $20 billion | C Corporate finance Microsoft-Activision Deal to Be Reviewed by Federal Trade Commission | W AT&T to spin off WarnerMedia in $43 billion Discovery media merger, cuts dividend | C Sony to Buy Videogame Maker Bungie in $3.6 Billion Deal | W Technology What if quantum computing faces a winter? | slate.com   Virus U.S. Covid fatalities reach highest level in a year as omicron cases subside | C U.S. Covid-19 Hospitalizations Extend Their Fall While Deaths Keep Rising | W Ivermectin shows ‘antiviral effect’ against COVID, Japanese company says | R Covid and the ‘Hygiene Hypothesis’ | W

February 01 (Tuesday) YRI Daily Markets Overview See subscribers’ link below for today’s Morning Briefing. Replay of Dr. Ed’s webinar on January 31. Markets Stocks Close Higher on Final Day of Tumultuous Month | W Global stocks trade higher at the end of a volatile month | R Oil edges higher on tight supply and post-pandemic recovery | R   Central banks Fed sees March rate hike, but no roadmap after that | R Go Gradual: Fed Officials Stress Not Jamming Brakes on Economy as Hikes Loom | B Fed’s Barkin says businesses would welcome higher interest rates | C Fed Nominee Has Focused His Research on Monetary Policy and Poverty | W US I Inflation and Deficits Don’t Dim the Appeal of U.S. Bonds | N Top Mozzarella Maker Leprino Sees Shipping Woes Persisting All of 2022 | B Teachers Are Quitting, and Companies Are Hot to Hire Them | W Obamacare plans are more affordable, helping the Great Resignation | C US II Kyrsten Sinema raised over $1.5 million as she fought key Biden goals | C Joe Manchin campaign gets big donations from corporations, executives | C China China’s Communist Party Quietly Inserts Itself Into Everyday Life | W China space plans: Crewed moon mission, tourism, Jupiter exploration | C Europe Europe’s Nuclear Power Plants Are Disappearing Just as Energy Crisis Hits Hard | B Geopolitics & trade U.S., UK threaten sanctions for Moscow elite if Russia invades Ukraine | R China and the U.S. Must Face Harsh Truths About Each Other | B Ukraine Russia news: U.N. Security Council meets | C Industries & companies Aerospace: Boeing wins Qatar Airways order for 737 Max planes, new 777X freighters | C Consumer: Amazon’s ‘wellness huddles’ are freaking me out | msnbc.com Retail: Best Buy could cash in from rise of the metaverse, analyst says | C   Corporate finance Citrix Systems to Go Private in Deal Valued at $16.5 Billion, Including Debt | W Sony to Buy Videogame Maker Bungie in $3.6 Billion Deal | W New York Times Buys Wordle | W Virus Omicron: Vaccinated are less likely to spread BA.2, study finds | C Operation Warp Speed Slowly Gets Its Due | W One Million Deaths: The Hole the Pandemic Made in U.S. Society | W

January 31 (Monday) YRI Daily Markets Overview See subscribers’ link below for today’s Morning Briefing. Replay of Dr. Ed’s webinar on January 31. Markets Markets have fallen because the era of free money is coming to an end | E Stock Market Jitters Don’t Endanger Economy Yet | W Move Over, Meme Stocks: Retail Investors Go Back to the Blue Chips | W Big swings in the market are more normal than investors might expect | C Central banks Housing Market Is the Fed’s Frankenstein, and It Won’t Be Easily Tamed | BR Fed’s Bostic tells the FT the central bank could hike rates by a half-point if needed | C US Democrats Put Build Back Better in Joe Manchin’s Court | W Inflation at its worst: Some ticket prices are up as much as 100% | C America’s Most Popular Housing Markets Have an Inflation Problem | BR New York Eviction Ban Ends, but Tenants Find Ways to Stay in Homes | W China China’s civil servants ordered to tighten their belts | SCMP China’s ‘Common Prosperity’ to Squeeze Cash-Strapped Local Governments | W China’s one-child policy has led to a disastrous baby bust | P China is determined to make the Winter Olympics go smoothly | E Geopolitics & trade What are Vladimir Putin’s military intentions in Ukraine? | E Russia’s roulette: The stakes in Ukraine | E U.S., EU Sanctions on Russia Could Ensnarl Western Oil Companies | W How will Europe cope if Russia cuts off its gas? | E What China thinks of possible war in Ukraine | E North Korea caps month of tests with longest-range missile since 2017 | C Industries & companies Airlines: The showdown over airlines and 5G is part of a much bigger spectrum problem. | slate.com Airlines: Southwest Airlines, Alaska Air and Boeing Stock Could Take Flight in 2022 | BR Financials: Goldman Sachs Stock Is a Buy—Even After a Disappointing Quarter | BR Pharma: Drugmakers Raised Prices by 6.6% on Average Early This Year | W Retail: Bed Bath & Beyond Decluttered Its Stores and Ended Up Frustrating Shoppers | W Tech: For Chip Industry, Global Supply Crunch Pushes Next Target to $1 Trillion | W Tech: Will China dominate the world of semiconductors? | E Virus U.S. Covid-19 Hospitalizations Retreat, but Deaths Keep Rising | W Biden Had Strategy to Beat Covid-19. Then Variants Arrived. | W Omicron Pushes Health Authorities Toward Learning to Live With Covid-19 | W A Covid Origin Conspiracy? Beyond markets Confusion reigns following conflicting reports that legendary Super Bowl champion Tom Brady is retiring | C Musk Calls Biden ‘A Damp Sock Puppet’ As Tesla Shares Tank | FO Experts Are Ringing Alarms About Elon Musk’s Brain Implants | Daily Beast Why hasn’t Fauci been fired and put under FBI investigation yet? | P

January 29 (Saturday) YRI Daily Markets Overview See subscribers’ link below for today’s Morning Briefing. Replay of Dr. Ed’s webinar on January 24. Markets Dow gains more than 500 points in best day of 2022 to wrap up wild week | C S&P 500 Rises, Snaps Three-Week Losing Streak | W Strong U.S. earnings lift global equities amid inflation, geopolitical concerns | R Home remodeling could finally cool, bringing these stocks back to earth | C China’s Property Crisis Has Investors in Green Bonds Seeing Red | W Central banks Chamber of Commerce Raises Concerns Over Fed Nominee Raskin | W Bank of America Fed Outlook Gets More Hawkish Amid Inflation Worries | W Key Fed inflation gauge rises 4.9% from a year ago, fastest gain since 1983 | C China IMF Says China’s Economic Imbalances Have Worsened | W US Inflation? Omicron? Americans shopped right through it all | NN Weaker U.S consumer spending, rising inflation pose dilemma for Fed | R U.S. Wages, Benefits Rose at Two-Decade High as Inflation Picked Up | W How to heal our national exhaustion | Vox Geopolitics & trade Russian buildup at Ukraine border includes blood for wounded, U.S. officials say | R Ukraine’s Growing Sense of National Identity Puts It in Putin’s Crosshairs | W Industries & companies Airlines: The Best and Worst U.S. Airlines of 2021 | W Energy: Chevron Rakes in $15.6 Billion in Annual Profits as Oil Prices Climb | W Tech: Apple Takes Smartphone Lead in China, Helping Drive Record Profit | W Technology Elon Musk’s Neuralink Inches Closer to Human Trials and Experts Are Ringing Alarms | thedailybeast.com Virus The new BA.2 omicron subvariant is already circulating in half of U.S. states | C Embattled CDC Rethinks Pandemic Response After Criticism of Guidelines | W

January 28 (Friday) YRI Daily Markets Overview See subscribers’ link below for today’s Morning Briefing. Replay of Dr. Ed’s webinar on January 24. Markets Fiscal stimulus powers U.S. economy in 2021 to its best performance since 1984 | R   Central banks How China, the Fed Shape 2022’s Global Economy by Moving in Opposite Directions | B Fed signals intent to join the great central bank stimulus exit | R US I GDP grew at a 6.9% pace to close out 2021, stronger than expected despite omicron spread | C U.S. Economy Grows as Fourth-Quarter GDP Shows Strongest Year in Decades | W Rising mortgage rates, tight supply, high prices frustrate house hunters | C What Should the White House Do to Combat Inflation? | Manhattan Institute Want to start a business? You’re not alone. | Vox US II Justice Breyer’s Retirement Could Reshape Supreme Court’s Liberal Wing | W Supreme Court: Biden vows black woman to replace Stephen Breyer | C Geopolitics & trade I Russia Sends Medical Units to Ukrainian Front | W China Calls for Calm From U.S. on Ukraine | W As Russia Threatens Ukraine, Europe Scrambles to Secure Gas Supply | W Biden’s war on American energy made us dependent, again | FO Geopolitics & trade II Exclusive: White House mulls extension of Trump-era solar tariffs, with tweaks | R Iranian Hackers Behind Proud Boys Ruse Pose Wider Threat, FBI Says | B Vast Troves of Classified Info Undermine National Security, Spy Chief Says | W Jeep Owner’s Chinese Partner Says It Was Caught Unaware by Deal Announcement | W   Industries & companies Autos: Elon Musk Says Tesla Will Prioritize Deliveries Over New Vehicles in 2022 | W Autos: Musk: Tesla robot top priority for new product development this year | C Media: What is a Netflix subscription worth? Wall Street may have new answer | C Restaurants: McDonald’s Says Its Costs to Rise Further in 2022 | W Crypto It’s Hard to Tell When the Crypto Bubble Will Burst, or If There Is One | N Climate Americans’ Methane-Fueled Gas Stoves Are as Bad for Climate as 500,000 Cars | B Virus Covid-19 Curbs Eased Further in Europe as New Version of Omicron Spreads in Places | W Blood Shortage 2022: US Hospitals Plead for Donations After Dropping in Pandemic | B

January 27 (Thursday) YRI Daily Markets Overview See subscribers’ link below for today’s Morning Briefing. Replay of Dr. Ed’s webinar on January 24. Markets I Dow falls about 130 points in another wild day, Fed signals rate hikes | C Stocks Turn Lower After Fed Announcement on Interest Rates | W Analysis: Fed tightening a sign to get the ‘heck out’ of U.S. stocks | R Markets II U.S bonds: 10-year Treasury yield rises above 1.85% after Fed signals a rate hike in March and more after that | C Oil breaks $90/bbl for the first time since 2014 on Russia tensions | R Global oil benchmark tops $90 for the first time since 2014 | C Analysis: Will the games stop? SEC mulls crackdown on trading apps | R Central banks Fed decision January 2022: Federal Reserve points to interest rate hike coming in March | C Fed flags rate hike ‘soon,’ plans for significant balance sheet reduction | R Federal Reserve Holds Rates Steady; Signals Liftoff ‘Soon’ | B Fed’s Powell Says Labor Market Consistent With Maximum Employment | B Fed Board Unable to Disclose Details on Kaplan Trades, Powell Says | B US Welcome to the end of democracy | The Spectator Supreme Court Justice Stephen Breyer to retire, giving Biden nomination chance | C Democratic donors plot primary challenge against Kyrsten Sinema | C President Biden can’t blame inflation on price-fixing | P China Property Crisis Means Chinese Cities Sell Land to Themselves | yahoo.com Emerging Economic Indicators Flash Early Warning Sign for India’s Rebound | B Geopolitics & trade Russia Ukraine: US calls for diplomacy as Putin adds troops to border | C Russia’s Attempts to Sanction-Proof Its Economy Have Exposed a Weak Spot | W Industries & companies Financials: Where Are Banks Finding Borrowers? On the Car Lot | W Homebuilders: Homebuilder Stocks Sink as Powell Alludes to Several Rate Hikes | B Real estate: The Struggle Is Real for Zillow | W Tech & crypto Why Is Silicon Valley Still Waiting for the Next Big Thing? | N Cryptocurrency Is a Giant Ponzi Scheme Corporate finance UBS Buys Wealthfront for $1.4 Billion to Reach Rich Young Americans | W Virus CDC says ‘milder doesn’t mean mild’ amid Covid hospitalization spike | C Beyond markets U.S. House speaker Pelosi’s stock trades attract growing following online | R

January 26 (Wednesday) YRI Daily Markets Overview See subscribers’ link below for today’s Morning Briefing. Replay of Dr. Ed’s webinar on January 24. Markets Dow closes lower, but well off session lows in another massive comeback | C Stock Markets End Lower as Turbulence Continues | W Caution rules U.S. stock market ahead of Fed policy decision | R Central banks The Fed is likely to signal a March interest rate hike and that further policy tightening is coming | C Global IMF cuts growth forecasts for U.S., China and world as Omicron spreads | R US Chip Shortage Leaves U.S. Companies Dangerously Low on Semiconductors, Report Says | W Geopolitics & trade Biden says a Russian invasion of Ukraine ‘would change the world’ | W U.S. Plans Sanctions, Export Controls Against Russia if It Invades Ukraine | W Industries & companies Autos: GM investing $6.6 billion in bid to dethrone Tesla in EV sales by 2025 | C Pharma: Drugmaker Teva fueled opioid addiction in New York, jury finds | R Real Estate: Covid-19 Fuels Best-Ever Commercial Real-Estate Sales | W Real Estate: Real estate billionaire Sam Zell says office space will recover ‘much faster’ than retail | C Climate McKinsey calculates the staggering capital spending required to reach net-zero by 2050 | C Biden Nominee For Fed Vice Chair Will Soon Have Us Freezing In The Dark. Virus COVID is less severe with Omicron than Delta, U.S. study suggests | R Omicron Is Spreading. Resistance Is Futile | W Covid-19 Hospitalizations Continue to Fall in U.S. | W Covid-19 Deaths in the U.S. Top 2,100 a Day, Highest in Nearly a Year | W Biden administration withdraws Covid vaccine mandate for businesses after losing Supreme Court case | W

January 25 (Tuesday) YRI Daily Markets Overview See subscribers’ link below for today’s Morning Briefing. Replay of Dr. Ed’s webinar on January 24. Markets Stocks mount stunning comeback on Monday with Dow closing in the green after earlier 1,000-point loss | C Stocks Rocket Back to Finish Higher After Deep Slump | W Nasdaq Days Like This Once Were Common. During the Dot-Com Crash | B ESG Investing Can Do Good or Do Well, but Don’t Expect Both | W Oil falls 2% as Fed rate hike talk spooks risk markets | R Global Omicron Slows the Global Economy, Hitting the U.S. Particularly Hard | W Central banks The stock market slide is unlikely to budge the Fed from tightening | C Inflation is soaring. Should the Fed unleash ‘shock and awe’? | NN Inflation Poses Risks of Faster, Less Predictable Fed Rate Increases | W Fed Steps Up Deliberations on Shrinking Its $9 Trillion Asset Portfolio | W Fed Should Focus on Balance Sheet First, Guggenheim’s Scott Minerd Says | B Jim Chanos says the notion that the Fed will always bail out the stock market is dangerous | C US Why shoplifting is soaring in the US — and will get worse | P Opinion | President Biden’s Economy Is Failing the Big Mac Test | N With Paperwork Locked Underground, Thousands of U.S. Citizenship Applicants Wait and Wait | W Geopolitics & trade I As Putin Lines Ukraine Border with Russian Troops, Is There a China Factor? How Events in the U.S., Germany and China Embolden Putin | W On the Brink of War With Russia, Ukrainians Are Resigned and Prepared | W Russia-Ukraine Tension: EU to Talk With Blinken Over Border Escalation | B Geopolitics & trade II How China spies on the West | The Spectator NATO to Send Ships, Jet Fighters to Eastern Europe Amid Standoff With Russia | W Deterrence Message to Moscow | W   Industries & companies Autos: Ford Shuts Off Orders for New $20,000 Maverick Pickup | W Media: Netflix shares fall to lowest since April 2020 on subscriber concern | C Pharma: FDA halts use of antibody drugs that don’t work against Covid omicron | C Retail: Kohl’s shares surge as takeover offers emerge, suitors include Sycamore | C Tech: Google Deceived Users About Location Tracking, States Allege | W   Corporate finance Amazon, Microsoft, Alphabet set more deals in 2021 than last 10 years | C   Technology & crypto Meta Unveils New AI Supercomputer | W Ex-Goldman CEO Lloyd Blankfein says ‘crypto is happening’ despite plunge in digital assets | C We’ll Know Crypto Is For Real When Its Coins Start Collapsing | FO Virus Omicron Leaves Nurses Stretched Thin and Seeking Help From Burnout | W