What I Am Reading

July 22 (Thursday) YRI Dr. Ed’s latest video podcast Daily Markets Overview Today’s Morning Briefing Markets Bond Rally Undercuts Inflation Fears | W The bond market is torn over the potential for higher inflation and lower growth | C Central banks Fed Chief Powell Enjoys Support for Reappointment, but He’s Not a Lock | W US I Republicans sink Schumer’s test vote on bipartisan infrastructure plan | C Delta Variant of Covid-19 Isn’t Expected to Dent Robust U.S. Recovery | W Is the U.S. Economy Too Hot or Too Cold? Yes. | N The Shortage of Starter Homes Extends Beyond Major Cities | W US II U.S. Life Expectancy Fell by 1.5 Years in 2020, the Biggest Decline in Generations | W Truck drivers are essential workers. We need to treat them that way | NN States Announce $26 Billion Settlement to Resolve Opioid Lawsuits | W Geopolitics & trade U.S., Germany strike deal to allow completion of Russian Nord Stream 2 pipeline | C Industries & companies Consumer: Coca-Cola Boosts Outlook as Sales Rebound | W Financials: JPMorgan gives Jamie Dimon special stock option bonus to keep him CEO | C Health Care: Johnson & Johnson Posts Higher Profit as Healthcare Demand Returns | W Utilities: PG&E, in Reversal, to Bury Power Lines in Fire-Prone Areas | W Beyond markets The Battles to Come Over the Benefits of Working From Home | N Virus Covid: Local officials across U.S. are starting to reimpose mask rules as delta variant takes hold | C U.S. Extends Restrictions on Borders With Canada, Mexico | W Opening Its Economy as Delta Variant Surges, the U.K. Becomes a Covid-19 Test Case | W

July 21 (Wednesday) YRI Dr. Ed’s latest video podcast Daily Markets Overview Today’s Morning Briefing Markets Stocks Rebound After Dramatic Selloff | W US U.S. infrastructure deal teeters after Republicans reject IRS funding | R U.S. housing starts accelerate, building permits skid to eight-month low | R Low-Wage Workers Now Have Options, Which Could Mean a Raise | N U.S. states ending federal unemployment benefit saw no clear job gains | R Will Inflation Rise in 2021 and Hurt Markets? Track These Data Points | B Geopolitics & trade Chinese Suppliers to Apple, Nike Shun Xinjiang Workers as U.S. Forced-Labor Ban Looms | W China Compromised U.S. Pipelines in Decade-Old Cyberattack, U.S. Says | W How China Transformed Into a Prime Cyber Threat to the U.S. | N U.S.-German Deal on Russia’s Nord Stream 2 Pipeline Expected Soon | W Industries & companies Airlines: United Airlines (UAL) 2Q 21 narrows losses | C Financials: Wall Street: JPMorgan Exec Says Why Bankers Need to Work 72 Hours a Week | B Media: Netflix Signals No Acquisition Plans as It Adds 1.5 Million Subscribers | W Media: Netflix (NFLX) Stock Falls After Forecasting Subpar Growth Next Quarter | B Corporate finance Nasdaq to Spin Out Market for Pre-IPO Shares in Deal With Banks | W Beyond markets Tokyo Olympics: Covid still threatens event days before it begins | C The 2021 Olympics Are Turning Into a $20 Billion Bust for Japan | W Jeff Bezos: Blue Origin space tourist sales approaching $100 million | C Virus Delta Variant Accounts for 83% of Known U.S. Covid-19 Cases | W

July 20 (Tuesday) YRI Dr. Ed’s latest video podcast Daily Markets Overview Today’s Morning Briefing Markets Wall Street ends sharply lower as Delta variant sparks new lockdown fears | R Dow tumbles 700 points for its worst drop since October as investors fear a Covid resurgence | C These stocks are already in a bear market amid Monday’s market sell-off | C How Jitters About the Global Economy Are Rippling Through Markets | W US I U.S. recession ended in April 2020, making it shortest on record | R Biden says inflation temporary; Fed should do what it deems necessary for recovery | R Opinion | How Worried Should You Be About Inflation? | N US II Carbon Border Tax Is Proposed by Democrats | N Biden clean energy plan key to restoring industry job losses, says U.S. official | R Overpaid Unemployment Benefits Total in the Billions During Pandemic | W Industries & companies   Biotech: BioNTech Inks Cancer-Focused Deal After Covid-19 Vaccine Success | W Health Care: U.S. Proposes Raising Penalty for Hospitals That Don’t Publish Prices | W Tech: Chip Shortage Reaches Smartphone Makers | W Tech: IBM earnings Q2 2021 | C Cybersecurity & crypto Biden Administration Blames Hackers Tied to China for Microsoft Cyberattack Spree | W Yellen urges quick U.S. adoption of stablecoin rules | R Apple iPhones can be hacked even if the user never clicks a link, Amnesty International says | C Malaysian police steamroll $1.25 million worth of bitcoin mining rigs | C Corporate finance Zoom to Buy Five9 in All-Stock Deal Valued at $14.7 Billion | W Virus U.S. government tells individuals to avoid travel to the UK as Covid cases rise | C Delta Variant Helps Push Covid-19 Cases Higher in Every State | W Federal judge rules that Indiana University can require Covid vaccines for students | C

July 19 (Monday) YRI Dr. Ed’s latest video podcast Daily Markets Overview Today’s Morning Briefing Markets Record Stock Rally Ignores Wall Street’s Phobia About Optimism | W Some China Stocks That Trade in the U.S. Could Vanish. What to Know. | BR 42 Stock Picks for a Pricey Market From Barron’s Roundtable Experts | BR OPEC+ Agrees to Boost Oil Output as Demand Roars Back | W Central banks Fed’s Kashkari says many U.S. sectors struggling to adjust to reopening | R Global Will the economic recovery survive the end of emergency stimulus? | E How China Is Helping to Damp Global Inflation | W US I Red-Hot U.S. Economy Expected to Cool From Here | W U.S. consumer sentiment drops in early July on inflation fears | R Escalating Materials Prices Turn Construction Bids Into a Gamble | W Chipotle, Target using TikTok to find workers in tight job market | C US II U.S. senators drop tax enforcement from bipartisan infrastructure bill | C Joe Biden’s agenda depends on steering two trains at once | E Emerging India’s economy is suffering from long covid | E Geopolitics & trade Biden’s new China doctrine | E China Wants a Chip Machine From the Dutch. The U.S. Said No. | W Industries & companies Autos: Selling Your Used Car? You Could Turn a Profit. | W Biotech: Synthetic Biology Could Be the Next Big Thing. Here Are 3 Stocks. | BR Cruise lines: CDC’s Covid-19 Cruise Guidelines to Stay in Place for Now | W Tech: SkyWater CEO: America Is Losing the War for Semiconductors to Asian Manufacturers. National Security Is at Risk. | BR Technology The Novel Material That’s Shrinking Phone Chargers, Powering Up Electric Cars, and Making 5G Possible | W Corporate finance J&J exploring putting talc liabilities into bankruptcy, sources say | C Virus Unvaccinated Americans Are Behind Rising Covid-19 Hospitalizations | W Facebook refutes Biden claim that it’s ‘killing people’ with vaccine misinformation | C Beyond markets ‘It’s terrifying’: Merkel shaken as flood deaths rise to 188 in Europe | C

July 17 (Saturday) YRI Dr. Ed’s latest video podcast Daily Markets Overview Today’s Morning Briefing Markets Dow drops nearly 300 points on Friday, snaps 3-week winning streak | C Stocks Decline, End Week With Losses | W Yield Spread Highlights Embrace of Riskier Debt | W Earnings could be the biggest driver for markets in the week ahead as investors watch bonds | C China tech is on sale. Key level to watch if you’re considering buying | C Central banks ECB Split on Stimulus Guidance as Policy Makers Consider Drafts | B US Higher June Retail Sales Bolsters U.S. Recovery | W Half of U.S. States Ended Federal Covid-Related Jobless Benefits Early. Here Is How They Compare With the Other Half. | W Buying a Car Now Is Brutal—New or Used. Read This First. | W MMT Advocate Stephanie Kelton Says Temporary Inflation Sign of ‘Growing Pains | B California Faces Fire Threat This Weekend From ‘Dry Lightning’ | B Japan Bank of Japan Opens Push on Climate Change in Contrast to Fed | W Geopolitics & trade China Officials Share Viral Video Calling for Atomic Bombing of Japan | newsweek.com Corporate finance 3-D Printing Company Fathom Reaches $1.4 Billion SPAC Deal to Go Public | W Virus Covid deaths on the rise again in the U.S. after weeks of decline, CDC says | C Delta COVID variant now dominant strain worldwide, U.S. deaths surge -officials | R Biden on Facebook: ‘They’re killing people’ with vaccine misinformation | C Rising COVID-19 cases in Australia’s Victoria state raise prospect of longer lockdown | R Crypto Treasury Secretary Yellen to discuss stablecoins with regulators next week | C Beyond markets Floodwaters still rising in western Europe with death toll over 120 | R Dozens dead, more than 1,000 may be missing after floods in Germany | C Unemployment: How fraudsters stole benefits from recipients’ accounts | C

July 16 (Friday) YRI Dr. Ed’s latest video podcast Daily Markets Overview Today’s Morning Briefing Markets Stocks Mostly Lower After Powell Comments on Inflation, Economy | W Central banks Fed’s Powell Concedes Anxiety About Higher Inflation but Resists Policy Shift | W Jerome Powell Second Fed Term? Yellen Demurs, Says She’ll Talk to Biden | B Undeterred by global inflation, BOJ to signal prolonged easy policy | R US Yellen says concerned about housing prices but inflation to calm | R Child tax credit payments one of the best forms of government spending: Economist | C Many Jobs Lost During the Coronavirus Pandemic Just Aren’t Coming Back | W China China’s Economic Growth Slows in the Second Quarter | W Japan Inflation? Not in Japan. And That Could Hold a Warning for the U.S. | N Europe Floods in Germany Leave at Least 40 Dead, Dozens Missing as Rain Deluges Europe | W Geopolitics & trade Biden Says U.S. to Warn Business on Deteriorating Hong Kong | B China Buys Friends With Ports and Roads. Now the U.S. Is Trying to Compete. | W Industries & companies Financials: How Is the Economy Doing? Here’s What Banks Say | W Corporate finance Intel Is in Talks to Buy GlobalFoundries for About $30 Billion | W Virus Los Angeles County restores indoor mask mandate for all | C Beyond markets Is a Graduate Degree Worth the Debt? Check It Here. | W

July 15 (Thursday) YRI Dr. Ed’s latest video podcast Daily Markets Overview Today’s Morning Briefing Markets Stocks Up Slightly After Powell Speaks to Congress | W The junk bond market is on fire this year as yields hit a record low | C Central banks Fed’s Powell keeps to script on jobs recovery, feels heat on inflation front | R Powell Says Fed Still Expects Inflation to Ease | W US I What’s in Democrats’ $3.5 Trillion Budget Plan—and How They Plan to Pay for It | W Child Tax Credit Payments Start This Week: Who Is Eligible and How Much Are They? | W Not All Infrastructure Projects Are Worth Doing, Research Paper Finds | W US II Job gains strong, prices rising as U.S. recovery continues -Fed Beige Book | R Social Security cost-of-living increase for 2022 may be largest in decades | C You’re Paying More for Food—And You Might Not Know It | W Lumber Prices Are Way Down—but Don’t Expect New Houses to Cost Less | W U.S. Drug-Overdose Deaths Soared Nearly 30% in 2020, Driven by Synthetic Opioids | W Geopolitics & trade U.S. Senate passes bill to ban all products from China’s Xinjiang | R EU, China Unveil Sweeping Plans to Cut Greenhouse-Gas Emissions | W   Industries & companies Autos: GM warns some Bolt EV owners: Don’t park them inside or charge them unattended | C Consumer: J&J Recalls Aveeno, Neutrogena Spray Sunscreens | W Financials: Biggest U.S. banks smash profit estimates as economy revives | R Financials: Bank of America’s Profit More Than Doubles, but Revenue Takes a Hit | W Corporate finance Blackstone Enters Deal to Manage AIG Life and Retirement Assets | W NortonLifeLock in Talks to Buy Avast | W Virus Covid cases are surging again in Latin America and the U.S., WHO officials warn | C Beyond markets Two-Thirds of Miami Condo Buildings Are Older Than 30 Years. The Repair Bills Are Coming Due. | W

July 14 (Wednesday) YRI Dr. Ed’s latest video podcast Daily Markets Overview Today’s Morning Briefing Markets Stocks Fall Following Inflation Data Report | W Central banks As consumers fret about near-term inflation, the Fed is watching closely. | N Analysis: Investors pivot to Powell after more hot U.S. inflation data | R US I U.S. consumer prices post largest gain in 13 years; inflation has likely peaked | R Inflation Rose in June With C.P.I. Up 5.4 Percent | N Inflation Accelerates Again in June as Economic Recovery Continues | W US II Surging prices for used cars, gasoline, food and airfares are driving the jump in inflation | C Inflation has many retirees worried about outliving their nest eggs | C ‘New York is back’ — broker says the city’s real estate market is heating up at all levels | C US III Jim Cramer: Levi’s, American Eagle among stocks to benefit from enhanced child tax credit | C The IRS is sending out 4 million refunds related to 2020 unemployment | C U.S. Oil Consumption Surging With Industry Firing at Full Blast | B Opinion: Rising gas prices will hurt low-income families the most. The government needs to help | NN Cargo Owners Applaud White House Order on Competitiveness | W Industries & companies Airlines: American Airlines shares rise on carrier’s better second-quarter forecast | C Financials: Big Banks’ Earnings Raise Doubts Over What’s Next | BR Geopolitics & trade Yellen Says EU Delay on Digital Tax Helps Global Corporate Tax Deal | W Biden’s Sharp-Elbows China Policy Hints at More Trump-Style Pain | B Climate Al Gore Warns Greenwashing May Stop Climate Fight In Its Tracks: Green Insight | B Corporate finance Broadcom No Longer in Talks to Buy SAS Institute, Sources Say | W Tech Humanoid Robot Keeps Getting Fired From His Jobs | W Elon Musk Says ‘Goal Is Not to Be a Car Company’ in Defense of Tesla’s SolarCity Deal | W Virus U.S. Covid-19 Case Counts Have Doubled in Recent Weeks | W Hospitalizations rising again as delta variant spreads among the unvaccinated, doctors say | C

July 13 (Tuesday) YRI Dr. Ed’s latest video podcast Daily Markets Overview Today’s Morning Briefing Markets Nasdaq, S&P 500 scale new peaks as focus turns to earnings, economic data | R How to Solve the Mystery of Falling Bond Yields | W Central banks ECB to chart new policy path next week | R Global Governments World-Wide Gorge on Record Debt, Testing New Limits | W US I Inflation expectations surge, hitting new high for New York Fed survey | C Inflation Threat May Be Boosted by Changes in Globalization, Demographics and E-Commerce | W Homebuyers are finally catching a break as new listings rise and mortgage rates drop | C US II Democrats Hone Price Tag for Climate and Antipoverty Package | W Opinion | California Wakes Up From Its Dream | N Aging population to hit U.S. economy like a ‘ton of bricks’ – U.S. commerce secretary | R Industries & companies Media: Disney raises price of ESPN+ by a dollar to $6.99 per month, keeps bundle with Hulu and Disney+ unchanged | C Restaurants: McDonald’s reportedly adds tuition, child care to sweetened benefits in a bid to attract new workers | C Tech: Chip Shortage’s Latest Toll: A Shortage of Work Trucks | W Virus France Reimposes Restrictions as Delta Variant Spreads | W France insists health workers get COVID-19 shots as infections rise | R Most fully vaccinated people who get Covid delta infections are asymptomatic, WHO says | C Clues to Covid-19’s Origins Include Anonymous Skin Sample in Italy | W FDA to announce new warning on J&J Covid vaccine related to a rare autoimmune disorder, report says | C New Coronavirus Variants Seen as Too Contagious for Hotel Quarantines | W Brazil’s federal police open probe into Bolsonaro over vaccine deal – source | R Corporate finance Broadcom in Talks to Buy Software Firm SAS | W Microsoft agrees to buy security software provider RiskIQ | C ByteDance Shelved IPO Intentions After Chinese Regulators Warned About Data Security | W Tech Are We in the Metaverse Yet? | N Looking for a Greener, Smoother Way to Travel? Behold, the Blimp 2.0 | W Crypto & cybersecurity Cryptocurrency trading volume plunges as interest wanes following bitcoin price drop | C Cyberattacks and Ransomware: How Can We Protect Our Energy Infrastructure? | W Offbeat WHO Panel Issues Gene-Editing Standards Aimed at Averting DNA Dystopia | W

July 12 (Monday) YRI Dr. Ed’s latest video podcast Daily Markets Overview Today’s Morning Briefing Markets The Markets Have Prospered. Why Are So Many People Worried? | N Earnings Kick Off With Sky-High Forecasts, Record Stock Market | W Credit Treasury rally leaves investors scrambling for yield plays | R Junk-Bond Rally Pulls Yields Below Inflation | W Ron Insana: The bond market agrees with the Federal Reserve — inflation is temporary | C Don’t rely on markets to see inflation threat, says Summers | R Wall Street’s Math Whizzes Are Racing to Wire Up the Bond Market | B Global The new fault lines on which the world economy rests | E Will surprisingly high global inflation last? | E Central banks Central banks face a daunting task: tapering without the tantrum | E Fed’s Quarles seeks global coordination on climate-related financial risk | R US Yellen says tax changes for large firms may not be ready until 2022 | C Global Tax Deal Heads Down Perilous Path in Congress | W Is the US labor shortage the big break AI needs? | TechCrunch Higher Inflation Is Here to Stay for Years, Economists Forecast | W Joe Biden’s Sweeping Executive Order on Big Tech, Explained | gizmodo.com China China’s communists take control of tech | E China condemns ‘unreasonable suppression’ as U.S. expands economic blacklist | R Industries & companies Restaurants: These restaurant chains have raised wages or offered bonuses | C Restaurants: McDonald’s minimum wage raise and the fast food franchise future | C Tech: Apple AirPod battery life problem shows need for right-to-repair laws | C Virus Young Americans Aren’t Getting Vaccinated, Jeopardizing Covid-19 Fight | W Australia’s Delta Outbreak Shows Vaccines Protect Against Hospitalization | W Unvaccinated Belgian woman contracted two COVID variants simultaneously | R Cryptocurrency Binance Froze When Bitcoin Crashed. Now Users Want Their Money Back. | W Beyond markets Virgin Galactic Successfully Sends Richard Branson to Space | gizmodo.com The Race to Sustainable Abundance by Michael R. Bloomberg, Saleemul Huq and Agnes Kalibata | Project Syndicate