What I Am Reading

December 02 (Thursday) YRI Daily Markets Overview See subscribers’ link below for today’s Morning Briefing. Replay of Dr. Ed’s webinar on November 29. Markets Dow Falls More Than 400 Points as Omicron Fuels Volatility | W More Chinese developers seek domestic bond issuance | R Global Global Inflation Set to Be Higher for Longer, Says OECD | W   Central banks ‘No’ on Fed Chairman Jerome Powell | W Fed’s Mester Open to Faster Taper to Win Space for Rate Hike | B US Yellen Defends Spending Plans Amid Growing Angst Over Higher Inflation | W   China China’s War on Crypto | reason.com A Game Designer in Beijing Bought Toy Guns. China Imprisoned Him. | N Industries & companies Communication Services: Investors Snap Up Metaverse Real Estate in a Virtual Land Boom | N Energy: Exxon to Continue Leaner Spending as Covid-19 Threat Lingers | W Tech: Big Tech’s Liability Shield Is Under Siege | W Tech: Apple backs exemptions for Trump tariffs on Apple Watches and Mac Pro parts | C Tech: Qualcomm jumps into hot gaming market with new chip for portable game consoles | C Corporate finance Nuclear-Fusion Startup Lands $1.8 Billion as Investors Chase Star Power | W Virus CDC confirms first U.S. case of omicron Covid variant has been detected in California | C Covid-19 Cases Nearly Double in South Africa as Omicron Reaches More Countries | W U.S. to extend transit mask mandate through mid-March, sources say | C

December 01 (Wednesday) YRI Daily Markets Overview See subscribers’ link below for today’s Morning Briefing. Replay of Dr. Ed’s webinar on November 29. Markets Stocks, oil slide as Omicron worries push investors to safe havens | R Gas Prices Pressure Drivers’ Finances | W Hawkish Jerome Powell Is a Force Markets Haven’t Faced in Three Years | B   Central banks Powell Lays Groundwork for Faster End to Stimulus as Inflation Outlook Worsens | W Jerome Powell Ditches “Transitory” Inflation Tag, Paves Way for Rate Hike | B Powell places faster bond-buying taper on Fed’s Christmas table | R Global Covid-19 Variant Omicron Threatens U.S., Global Economies | W Omicron Variant Starts to Hit Travel, Business Flights and Events | W US Americans Think Job Market Is Getting Better But See US Economy Getting Worse | B   Industries & companies Financials: PayPal CEO: Use of buy now, pay later option soared on Black Friday | C Virus Omicron Risks Infecting Vaccinated People but May Not Cause Them Severe Illness | W Moderna CEO says COVID vaccines will struggle with Omicron | P Fauci: Omicron Covid variant found in 20 countries but not yet in U.S. | C New York AG: Amazon dropped Covid safety protocols in warehouses | C Climate ESG Book aims to ‘disrupt’ sustainability sector with free data | R

November 30 (Tuesday) YRI Daily Markets Overview See subscribers’ link below for today’s Morning Briefing. Replay of Dr. Ed’s webinar on November 29. Markets Stocks Close Higher as Investors Shrug Off Omicron Worries | W Oil prices rise on bets OPEC+ will hold off output hike | R Central banks Fed Chair Powell says omicron variant poses risk to economy, complicates inflation | C Fed’s Powell sees inflation lingering, risks from COVID | R US Workers Quit Jobs in Droves to Become Their Own Bosses | W More leisure, less work: Will the ‘COVID revolution’ last? | TheHill FTC Asks Amazon, Walmart for Information About Supply-Chain Issues | W Biden’s dangerous plan to paper over inflation via more government handouts | P Biden Administration to Redirect Rental-Assistance Funds to Areas With Greater Demand | W China China’s Gen Z Lies Flat, and Beijing Has Few Answers | B Electric-Car Craze Drives China’s Companies to Go Extra Mile for Lithium | B Industries & companies Autos: BMW unveils high-performance XM hybrid electric concept vehicle | C Financials: Goldman Sachs Rolls Out New Worker Benefits to Combat Employee Burnout | W Virus Biden says he doesn’t expect more travel restrictions or lockdowns as Covid omicron variant spreads | C Covid omicron variant: Biden directs FDA, CDC to clear new vaccines if needed | C Pfizer CEO confident Covid treatment pill effective against omicron variant | C Covid news: CDC tells adults to get booster shot amid omicron concerns | C FDA Moving to Authorize Pfizer-BioNTech Booster for 16-, 17-Year-Olds | W Some Hospitals Prepare to Lose Staff Over Covid-19 Vaccination Mandate | W Climate Nurdles: the worst toxic waste you’ve probably never heard of | Plastics | The Guardian Who’s Afraid of Climate Geoengineering? – The American Spectator | USA News and Politics Beyond markets Blockchain Explained in 50 Lines of Code

November 29 (Monday) YRI Daily Markets Overview See subscribers’ link below for today’s Morning Briefing. Replay of Dr. Ed’s webinar on November 22. Markets Elon Musk and the Dangers of Another Stock Bubble | The New Yorker Central banks Fed’s Bostic says he remains open to faster taper and one or two rate hikes in 2022 | R Brainard’s Nomination Promotes a Close Powell Ally on Recent Fed Innovations | W El-Erian Says Fed Should Recognize Inflation Isn’t Transitory | B US Supply Chain Shortages Help a North Carolina Furniture Town | N Why Are Blue-Collar Americans Dying of Despair? | B Companies See Omicron Variant as Latest Unknown in a Pandemic Full of Shocks | W Omicron Looms Over Great Resignation, Lie Flat Worker Movements | B Where the Money to Pay for Biden’s Budget Bill Will Come From | BR Years of Delays, Billions in Overruns: The Dismal History of Big Infrastructure | N Max Hastings: Texas or California Seceding? It’s Not That Far-Fetched | B Europe Eurozone Inflation Likely Hit Record High in November | W Germany’s new government holds great promise | E China Chinese scientists strike early gold in race to nuclear fusion power | South China Morning Post Geopolitics & trade Taiwan Sees Biggest Flyby of Chinese Warplanes Since October | B Industries & companies Health Care: A Cure for Type 1 Diabetes? For One Man, It Seems to Have Worked. | N Media: Thanksgiving box office tops $142 million, ‘Encanto’ earns top spot | C Retail: Black Friday shopping in stores drops 28% from pre-pandemic levels | C Retail: Shoppers are buying from resale retailers more than ever. Here’s why | C Tech: IBM Is Finally Growing Again. The Stock Looks Cheap. | BR Tech: How to Invest in Quantum Computing Today. 1 Stock to Buy. | BR Virus Omicron coronavirus variant spreads with cases detected in Netherlands, Denmark, Australia | C Omicron Variant Is Reported in More Countries as Officials Grapple With How to Respond | W How Europe should deal with covid-19 | E China study warns of ‘colossal’ COVID outbreak if it opens up like U.S., France | R Moderna says an omicron variant vaccine could be ready in early 2022 | C Covid news: Pfizer-BioNTech, Moderna, J&J, AstraZeneca investigating omicron | C Climate & Technology Extremely strong magnitude-7.5 earthquake hits northern Peru | C Nuclear Fusion Is Closing in on Viability | Time Corporate finance Adventure capitalism | E Beyond markets What’s the Point of NFTs? | reason.com

November 24 (Wednesday) YRI Daily Markets Overview See subscribers’ link below for today’s Morning Briefing. Replay of Dr. Ed’s webinar on November 15. Markets S&P 500 Hangs Onto Gains While Bond Yields Rise | W Dow climbs nearly 200 points but Nasdaq falls again as rising rates divide the market | C U.S. Joins With China, Other Nations in Tapping Oil Reserves | W Global Strong Demand, Continued Shortages Push Up Prices in U.S. and Europe | W California’s Busiest Port is Straining the Global Supply Chain, Causing Delays | B Central banks How Will Fed Regulate Wall Street? Biden’s Central Bank Picks Leave Question Unanswered | W Opinion | Powell Needs to Cool the Economy Now to Avoid Recession Later | N US Taxes: Biden Bill Has Cut for Mere Millionaires, Hike for Mega Rich | B China China Finds 12 Million Children as Birth Rate Plunges to Record Low | B Industries & companies Autos: Tesla Texas ‘Gigafactory’ will cost at least $1.06 billion: filings | C Retail: Walgreens, Walmart and CVS Pharmacies Contributed to Opioid Epidemic, Ohio Jury Finds | W Retail: Mall Brands Gap (GPS), Nordstrom (JWN) Tumble After Earnings Reports | B Tech: Dell Earnings Report: PC Revenue Sets Company Record | B Tech: HP stock jumps after earnings beat, CEO says return to office driving PC demand | C Virus New French COVID-19 infections surge over 30,000 in past 24 hours | R Covid Surge: Hospitals Are Suffering in Highly Vaccinated New England | B

November 23 (Tuesday) YRI Daily Markets Overview See subscribers’ link below for today’s Morning Briefing. Replay of Dr. Ed’s webinar on November 15. Markets S&P 500 Edges Lower as Investors Digest Powell Nomination | W Central banks Biden to Nominate Jerome Powell for Second Term as Federal Reserve Chairman | W Biden Says Powell’s Renaming Keeps the Fed Stable and Independent | B Jerome Powell Will Face a Very Different Economy in a Second Term | W Fed Atlanta President Bostic: Faster Taper Allows for Rate Hikes Earlier | B Climate & energy ‘Greenflation’ a risk for renewable energy, but long-term viability intact | R US The roots of inflation go far beyond the supply chain | TheHill U.S. Home Sales on Track for Biggest Year in 15 Years | W Gen Z is 25% of the workplace — but do the most complaining | P Biden Administration to Raise Minimum Wage to $15 an Hour for Federal Contractors | W The White House’s Hammer And Sickle – Issues & Insights Samsung to Choose Taylor, Texas, for $17 Billion Chip-Making Factory | W Geopolitics & trade China Is Expanding Its Effort to Launch Weapons From Hypersonic Missiles | W Choose a side, China tells Taiwan firms as it punishes conglomerate | R How Hunter Biden’s Firm Helped Secure Cobalt for the Chinese | N Corporate finance Ericsson to Buy Vonage for $6.2 Billion, Bulking Up Cloud Presence | W Authentic Brands Raises $3.5 Billion, Pushes Back IPO | W Virus Austria locks down, Merkel says new steps needed as Europe faces COVID freeze | R U.S. issues ‘Do Not Travel’ COVID-19 warning for Germany, Denmark | R How Bad Is Covid in the US? This Wave as Bad as November 2020 in Some Places | B Pfizer’s COVID-19 vaccine trial data shows long-term efficacy in adolescents | R

November 22 (Monday) YRI Daily Markets Overview See subscribers’ link below for today’s Morning Briefing. Replay of Dr. Ed’s webinar on November 15. Markets Market is a bad inflation report away from correction: Jeremy Siegel | C Central banks Biden has a major economic decision to make and he can’t seem to pull the trigger | PO Milton Friedman Is More Relevant Than Ever | Crain’s Chicago Business Global Supply-Chain Problems Show Signs of Easing | W The world is entering a new era of big government | E US I Modern Monetary Theory Isn’t the Future. It’s Here Now. | W Psaki’s ‘No Economist’ Assertion Draws Some Inflation Dissenters | RealClearPolitics Biden Administration Aims to Close Gaps Among Lawmakers for Reconciliation Bill | W Biden Nominee Omarova’s Collectivist Ideology Is Fair Game | NR US II Home Prices Are Surging. The Manufactured-Housing Industry Sees an Opening. | W Is not getting a 6% raise amid inflation actually taking a pay cut? | C Californians Flee the Coast to Inland Cities in a Mass Pandemic-Era Exodus | W China China Is Changing, But Investors Can Still Win. Here’s How. | BR Industries & companies Communication Services: Executives wax poetic on the metaverse during Q3 earnings calls | C Virus Covid vaccine: All U.S. adults can get Pfizer, Moderna boosters after CDC gives final OK | C Germany debates compulsory vaccination as fourth COVID wave rages | R Breakthrough infections raise health, death risk; vaccine passports without testing allow cases to be missed | R Covid-19 Breakthrough Hospitalizations Concentrated Among Most Vulnerable | W

November 20 (Saturday) YRI Daily Markets Overview See subscribers’ link below for today’s Morning Briefing. Replay of Dr. Ed’s webinar on November 15. Markets COVID comeback threatens fresh setback for European market bulls | R How to Beat Retirement’s Nemesis: Inflation | N Oil prices fall 4% to six-week low on lockdown worries, but don’t expect much relief at the pump yet | C Central banks Two Democrats Oppose Powell for Fed Chair, Citing Climate Change | W Two Fed Officials Weigh Prospect of Speeding Bond-Buying Taper Process | W Top Fed Official Warns Against Coordinated Global Monetary Policy | W Fed Programs Have Kept Finance Flowing to Fossil Fuels | W US The House passed Biden’s massive social safety net and climate bill. Here’s what happens next | W The Surprise Winners From Biden’s $2 Trillion Spending Bill: Wall Street and Tobacco Companies | W NYC Hospital Warns of Nurse Shortage, ‘Inflationary Spiral’ | B Japan Japan Plans $490 Billion Stimulus to Jolt Struggling Economy | W Beware of Japan’s “New Capitalism” | PS China China’s Big Commodity Inflation Scare Is Easing — For Now | B Geopolitics & trade Secret Chinese Port Project in Persian Gulf Rattles U.S. Relations With U.A.E. | W Industries & companies Aerospace: Boeing Dreamliner Defects Bog Down Production | W Autos: Ford and Rivian cancel plans to jointly develop an electric vehicle | C Retail: The Great Shopping Reset: How the Pandemic Helped Fix the Retail Industry | W Corporate finance Bain, Hellman & Friedman Near Deal to Buy Athenahealth | W Virus Pfizer-BioNTech, Moderna Covid-19 Boosters for All Adults Backed by FDA, CDC | W Covid cases rise yet again in U.S. ahead of Thanksgiving holiday | C Austria infuriates many with full lockdown as Germany warns it may follow suit | R Facing new COVID wave, Dutch delay care for cancer, heart patients | R Beyond markets Citadel CEO Ken Griffin pays $43.2 million for Constitution copy, outbidding crypto group | C

November 19 (Friday) YRI Daily Markets Overview See subscribers’ link below for today’s Morning Briefing. Replay of Dr. Ed’s webinar on November 15. Markets S&P 500 rises in choppy session as Nvidia leads gains in tech shares | C S&P 500 Sets Another Record Following Earnings From Macy’s and Kohl’s | W Supply-Chain Snarls Deliver Windfalls to Wall Street | W Energy Biden’s Remedy for High Gas Prices: Blame Oil Companies | B Biden Oil Price Approach Is Working and He Hasn’t Even Acted | B Central banks A dovish rate hike? The case that loose Fed policy could backfire on jobs | R If Biden picks Brainard over Powell for Fed chief, expect an immediate market impact | C US I Rising Prices Weigh on Biden as Voters Blame Him for Inflation | B House Closes In on Vote on $2 Trillion Social Spending and Climate Bill | W Democrats’ $2 trillion spending bill excludes student loan forgiveness | C Congress Debates Requiring Women to Register for Military Draft | W Cities Try to Lure Factories as U.S. Pushes to Fix Chip Shortage | N US II Why the ‘Great Resignation’ may not last very long | C No ‘great migration’: Americans stayed put during pandemic | CSMonitor.com Ultra-Rich Skip Estate Tax and Spark a 50% Collapse in IRS Revenue | B Ark Invest’s Wood dumps nearly all of her Zillow holdings | C China China Evergrande to Shed Stake in Tencent-Backed Venture for $273 Million | W Geopolitics & trade Beijing Olympics: Biden says U.S. is considering diplomatic boycott | C Industries & companies Autos: Ford, GM Step Into Chip Business | W Communication Services: Instagram’s Effects on Children Are Being Investigated by Coalition of States | W Logistics: FedEx (FDX) Sees 10% Rise in Holiday Package Volume to Record Levels | B Retail: CVS store closures: To shut about 300 stores a year over next three years | C Retail: Nike teams up with Roblox to create a virtual world called Nikeland | C Corporate finance Bayer CEO Rejects a Breakup After J&J and General Electric Split | B Macy’s Hires Adviser to Study Separation of E-commerce Business | W Virus Covid-19 Surge Prompts Renewed Lockdown in Parts of Europe | W Covid boosters: States are already telling all adults to get third shots | C U.S. Buys 10 Million Treatment Courses of Pfizer’s Covid-19 Pill for $5.29 Billion | W New Reconstruction Points to Animal Origins for Covid-19 | W Apple pushes back return to office plan to February | C

November 18 (Thursday) YRI Daily Markets Overview See subscribers’ link below for today’s Morning Briefing. Replay of Dr. Ed’s webinar on November 15. Markets U.S. asks Japan, China, others to consider tapping oil reserves, sources say | C Biden Asks FTC to Examine Oil, Gas Companies’ Role in High Gasoline Prices | W   Central banks Growth, jobs and inflation clash in Biden Fed choice | R Fed’s Waller says stablecoins do not need to be subject to full banking rulebook | R Dallas Fed begins search for new president, hires search firm | R Climate Bill Gates’ TerraPower to build its first nuclear reactor in Wyoming coal town | C US U.S. homebuilding drops, construction backlog surges as shortages worsen | R Young Americans Live With Their Parents As Housing Prices Soar | B Opinion: Here’s when high inflation will come to an end | NN China China’s $6 Trillion Hidden Debt Gets Stress-Tested in Downturn | B China, U.S. to Ease Limits on One Another’s Journalists | W Geopolitics & trade U.S. Should Restrict Investment in China Due to Security Concerns, Panel Says | W Industries & companies Autos: Autonomous Vehicles Could Solve the U.S. Truck Driver Shortage | B Real Estate: What Went Wrong With Zillow? A Real-Estate Algorithm Derailed Its Big Bet | W Retail: Walmart and Target clash with investors over low-price strategy | C Retail: Target, TJX Post Strong Sales, Say They Have Plenty in Stock for Black Friday | W Retail: Lowe’s looks to drive sales by helping baby boomers stay in their homes | C Tech: Apple to Launch Self-Service Repair Program in Early 2022 | W Virus White House: 10% of 5- to 11-year-olds in U.S. already have first Covid shots | C