What I Am Reading

July 10 (Saturday) YRI Dr. Ed’s latest video podcast Daily Markets Overview Today’s Morning Briefing Markets I Wall Street posts record closing highs as financials lead rebound | R Investors pile into longer-dated Treasury ETFs as bond yields fall | R Index of U.S.-Listed Chinese Companies Falls to Lowest Point in Over a Year | W Markets II Earnings season begins in the week ahead with eye-popping growth set to validate market’s 2021 run | C Rebalance your portfolio as economy enters expansion, HSBC says | C BlackRock Tweaked Some Models. It Triggered A Wave of Buying and Selling. | W Central banks Fed Says Shortages, Hiring Difficulties Hold Back Brisk Growth | W China Moves to Spur Lending as Inflation Fears Ease | W US I Biden signs order to tackle corporate abuses across U.S. economy | R Biden’s executive order on antitrust aims to lower prices and raise wages | Vox Biden’s Business Order Shows How He’s Using Executive Power to Shape Economy | W President Biden Wants to Pour Money Into Infrastructure. Should You?  | N Biden fires Social Security boss Andrew Saul, a Trump appointee | C US II Job Openings Are at Record Highs. Why Aren’t Unemployed Americans Filling Them? | W Higher Inflation Depresses Equity Valuation | AIER China China Orders Stores to Remove More Apps Operated by Didi | W Geopolitics & trade G20 finance chiefs back global tax crackdown -draft | R Finance Ministers Meet in Venice to Finalize Global Tax Agreement  | N Industries & companies Pharma: F.D.A. Seeks Investigation of Its Own Alzheimer’s Drug Approval  | N Corporate finance Stamps.com to Be Bought by Thoma Bravo in $6.6 Billion Cash Deal | W Virus Mississippi health officials plead with elderly to avoid mass indoor gatherings as delta Covid variant rips through state | C CDC Urges Schools to Welcome Kids Back, Vaccinated or Not | W Cybersecurity Biden Warns Putin U.S. to Take ‘Any Necessary Action’ to Defend Against Ransomware | W Ransomware: Biden presses Putin to disrupt cybercriminals in Russia | C Beyond markets Where space begins: Bezos’ Blue Origin vs. Branson’s Virgin Galactic | C

July 09 (Friday) YRI Dr. Ed’s latest video podcast Daily Markets Overview Today’s Morning Briefing Markets I Dow drops more than 250 points amid global economic recovery concerns, S&P 500 slides | C Stocks Close Lower on Economic Worries | W The stock market is down. Should you sell? | C Markets II Bond yields and tech stocks echo ‘extreme anomalies’ of dot-com boom, says Morgan Stanley | MW The Bond Market Is Telling Us to Worry About Growth, Not Inflation | N The End of the U.S.-China Tech Stock Bromance | W Central banks ECB Aims for Slightly Higher Inflation, Stops Short of Fed’s Major Shift | W US I A Great Inflation Redux? Economists Point to Big Differences. | N Why are gas, groceries, and used cars prices going up? Things seem more expensive because they are. | Vox Number of workers unemployed for more than a year jumps by 248,000 | C A Mass Labor Shortage Is Leaving Hamptonites to Fend for Themselves | Vanity Fair US II Borrowing Is Back as Sign-Ups for Auto Loans, Credit Cards Hit Records | W What a National Guaranteed Income Could Look Like | B California residents asked to cut water usage by 15% amid drought | C China Why China’s Young People Are Embracing Chairman Mao | N China’s Cyber Watchdog to Police Chinese Overseas Listings | W Industries & companies Pharma: FDA Narrows Suggested Uses for New Alzheimer’s Drug | W Technology How Computers With Humanlike Senses Will Change Our Lives | W The Parking Garage of the Future | N Virus Americans will need masks indoors as U.S. heads for ‘dangerous fall’ with surge in delta Covid cases | C Pfizer says it is developing a Covid booster shot to target the highly transmissible delta variant | C Covid-19 Genome Study Provides Clues to How Disease Works | B In Children, Risk of Covid-19 Death or Serious Illness Remain Extremely Low, New Studies Find | W Canada will not welcome unvaccinated tourists for some time, Prime Minister Trudeau says | C Cybersecurity Letting Businesses ‘Hack Back’ Against Hackers Is a Terrible Idea, Cyber Veterans Say | W Beyond markets ‘Financially Hobbled for Life’: The Elite Master’s Degrees That Don’t Pay Off | W

July 08 (Thursday) YRI Dr. Ed’s latest video podcast Daily Markets Overview Today’s Morning Briefing Markets U.S. Stocks Rise Modestly After Fed Minutes Released | W Analysis: Reflation rethink sends bond markets into a spin | R America’s Stocks Have Lost Their Exceptionalism (Except Big Tech) | W Small Stocks Seek to Extend Winning Streak | W China is cracking down on stocks that trade on U.S. exchanges. Here’s what it means | C Central banks I Fed Officials See Earlier End for Bond Buying, Emphasize Patience | W Fed keen to be ‘well positioned’ to act on inflation, other risks, minutes show | R Fed discussed design for possible standing repo facility, minutes show | R Fed’s Bostic: Infection spike due to Delta variant could slow recovery | R Keep Powell in Top Job, Former Fed Vice Chair Blinder Says | B Central banks II Federal Reserve, ECB, BOJ’s $9 Trillion Debt Binge: Where Did All the Money Go? | B Lagarde to Present Results of ECB Strategy Review on Thursday | B US U.S. Job Openings Held at Record Level Headed Into Summer | W U.S. housing shortage will last for ‘years to come’: Taylor Morrison CEO | C Biden Pitches Child-Care, Education Plan as Democrats Debate Size | W Biden tax plan: Corporate, capital gains and income hike uncertain | C Biden promotes corporate taxes in Illinois as business opposition mounts | R Biden readies order to rein in worker non-compete clauses | C Geopolitics & trade Biden Builds on Trump’s Use of Investment Review Panel to Take On China | W Industries & companies Airlines: Travel Is Bouncing Back Strong, and Airlines Are Racing to Keep Up | W Communication services: Banner Quarter From Facebook, Google Could Mask Apple’s Bite | W Communication services: States bring new antitrust suit against Google over Google Play | C Railroads: Amtrak to Spend $7 Billion to Upgrade Passenger Trains | W Corporate finance Owner of Forever 21, JCPenney Files to Go Public | W Cybersecurity Software Firm at Center of Ransomware Attack Was Warned of Cyber Flaw in April | W Virus Delta variant already dominant in U.S., CDC estimates show | R Daily Covid-19 Deaths in Indonesia Nearly Double as Delta Variant Drives Surge | W Quidel recalls Lyra Covid test due to high risk of false negative results | C

July 07 (Wednesday) YRI Dr. Ed’s latest video podcast Daily Markets Overview Today’s Morning Briefing Markets OPEC discord could unleash a new level of volatility in oil market | C Central banks Quickening U.S. recovery puts Fed taper discussion in focus | R US I Gas Price Increase Poses Challenge to U.S. Economy | N Corporate net debt seen rising as companies spend pandemic cash piles | R US II Biden’s Pre-K Proposal Faces Questions From Republicans Over Federal Role | W Pentagon cancels $10 billion JEDI cloud contract | C Infrastructure: House Problem Solvers Caucus endorses bipartisan plan | C Yellen to press G20 for higher minimum corporate tax rate -U.S. Treasury | R Europe With European recovery in sight, property investors bank on the office | R China China Targets Firms Listed Overseas After Launching Didi Probe | W Industries & companies Autos: Toyota’s Chip Supply Helps It Beat General Motors for the First Time | W Health Care: Hospitals Often Charge Uninsured People the Highest Prices, New Data Show | W Media: They Resurrected MGM. Amazon Bought the Studio. Now What? | N Retail: Supermarkets Are Stockpiling Inventory as Food Costs Rise | W Cryptocurrency & cybersecurity Bitcoin Fraud Concerns Draw Scrutiny From Regulators | W Attempted Hack of R.N.C. and Russian Ransomware Attack Test Biden | N Biden says ransomware attack caused ‘minimal damage’ to U.S. companies | R Corporate finance Nextdoor to go public in $4.3 billion SPAC merger as CEO looks toward expansion | C Space company Satellogic SPAC deal at $1.1 billion valuation | C Virus Delta Covid-19 Variant Gains Ground Among the Unvaccinated | W Pfizer Vaccine Less Effective Against Delta Infections but Prevents Severe Illness, Israeli Data Show | W

July 06 (Tuesday) YRI Dr. Ed’s latest video podcast Daily Markets Overview Today’s Morning Briefing Markets Oil prices jump to multiyear highs after OPEC+ talks yield no production deal | C Retail Investors Power the Trading Wave With Record Cash Inflows | W US I U.S. Added 850,000 Jobs in June Labor Rebound | W Pandemic Wave of Automation May Be Bad News for Workers | N Lower-Wage Workers See Biggest Gains From Easing of Covid-19 Pandemic | W US II Wages are rising, and that’s going to have to continue to get people back to work | C Higher Inflation Ahead? Maybe. But Don’t Even Try to Predict It. | N U.S. Trade Deficit Widened in May as Economic Rebound Fueled Demand for Imports | W The real risk to America’s democracy | E Europe Euro zone business activity soared in June as lockdowns lifted | R 13 Investment Bets on Europe’s Rebounding Economy | BR China When Will China’s Economy Beat the U.S. to Become No. 1? Why It May Never Happen | B An MMT Economist Explains Why China Should Boost Fiscal Spending | B Japan Japan’s May household spending growth slows from previous month | R OPEC+ OPEC+ abandons oil policy meeting after Saudi-UAE clash | R Biden administration pushes for ‘compromise solution’ in OPEC+ talks | R Taliban Find New Revenues as They Seize Afghanistan’s U.S.-Built Border Gateway | W Geopolitics & trade European Business Leaders Want a Stronger Hand With China, Not Decoupling | W The Tech Cold War’s ‘Most Complicated Machine’ That’s Out of China’s Reach | N Industries & companies Media: Streaming services compared: Revenue, ARPU for Netflix, Disney+, more | C Tech: When Big Tech Stumbles, the Market Can Fall Hard. These 5 Funds Can Help. | BR Corporate finance Chinese Regulators Suggested Didi Delay Its U.S. IPO | W Newport Wafer Fab acquired by Chinese-owned Nexperia | C Cybersecurity China opens cybersecurity probe into Full Truck Alliance, Boss Zhipin | C Hundreds of Businesses, From Sweden to U.S., Affected by Cyberattack | N Ransomware Hackers Demand $70 Million to Unlock Computers in Widespread Attack | W Virus Deaths, Hospitalizations Surge as Delta Variant Deals Blow to Poor Countries | W Beyond markets What if biohackers injected themselves with mRNA? | E

July 02 (Friday) YRI Dr. Ed’s latest video podcast Daily Markets Overview Today’s Morning Briefing Markets S&P 500 hits sixth-straight record, Dow adds 100 points as Wall Street kicks off the second half | C Bets ramping up for lower Treasury yields in the second half of 2021 | R Central banks Fed’s Harker Supports Start of Bond Buying Pullback Later This Year | W ECB Signals Green Light on Bank Dividends | W Global Global minimum corporate tax: 130 nations to support U.S. proposal | C US I U.S. House approves $715 billion infrastructure bill | R U.S. deficit will total $3 trillion in fiscal 2021, budget panel says | C Opinion: Inflation will hurt low-income Americans for years to come | NN US II U.S. labor market recovery gaining steam; worker shortages an obstacle | R Job growth looked stronger in June as companies scrambled to find workers | C Chamber of Commerce CEO: Employers can’t find workers | C This Summer, Jobs Come With a Hefty Signing Bonus | W Industries & companies Consumer: General Mills is the latest company to face a big inflation hit | C Consumer discretionary: Amazon adds leadership principles to prepare for post-Jeff Bezos era | C Retail: H&M Pays Price of Upsetting Beijing as China Sales Drop | W Retail: Walgreens Sales Rise as Vaccinations Improve Prescriptions Business | W Tech: Why Microsoft Is Still a Big Tech Superstar | N Corporate finance M&A Boom Shows No Sign of Stopping After Epic First Half | B Robinhood IPO: Company has 18 million accounts managing $80 billion | C Krispy Kreme IPO: DNUT starts trading on the Nasdaq | C Virus 1,000 counties in the U.S. have vaccination coverage of less than 30% | C Delta: White House to deploy response teams across U.S. to combat Covid variant | C From Pandemic to Endemic, Singapore Creates Model for Living With Covid-19 | W Another Respiratory Virus Is Spreading as U.S. Gets Back to Pre-Covid-19 Life | W Beyond markets Miami building collapse: Search halted due to concerns other tower could fall | C Trump Organization indictment alleges scheme to dodge taxes on executive compensation | C Internet’s Original Source Code Sold as NFT for $5.4 Million | W

July 01 (Thursday) YRI Dr. Ed’s latest video podcast Daily Markets Overview Today’s Morning Briefing Markets Stock Markets Cruise to Records in First Half, but Investors Grow Uneasy | W S&P 500 notches fifth straight record closing high, fifth straight quarterly gain | R Lumber prices dive more than 40% in June, biggest monthly drop on record | C   Central banks Fed Unity Cracks as Inflation Rises and Officials Debate Future | N Fed’s Kaplan Says Time to Start Paring Bond Buying Aid Soon | W US Boom! U.S. consumers hit by rising prices for Fourth of July fireworks | R U.S. private payrolls increase solidly; pending home sales rebound | R Shortage of truck drivers is behind fuel delivery delays, says GasBuddy analyst | C Biden Weighs New Executive Order Restraining Big Business | W Trump Organization and its CFO indicted by Manhattan grand jury, report says | C China China’s Economy Flashes Hints of Weakness | W Japan Japan business mood improves in Q2 to 2-1/2-year high – tankan | R Europe Why the Covid-19 Pandemic Weakened Far-Right Groups in Europe | W Geopolitics & trade U.S., Taiwan Revive Trade Talks, With Pledge to Combat Forced Labor | W Industries & companies Autos: Chip shortage causes Ford to slash vehicle production at several plants in July | C Communications services: Facebook is testing drastic changes to Instagram to make it more like TikTok | C Consumer discretionary: Amazon’s carbon emissions rose 19% in 2020 even as Covid-19 pushed global levels down | C   Corporate finance Blockbuster IPO day produces big gains for Uber, Delta Air Lines and tech VCs | C   Virus Vaccinated People Who Get Infected Carry Less Covid-19 Virus, CDC Researchers Say | W Search for Covid’s Origins Leads to China’s Wild Animal Farms—and a Big Problem | W Kim Jong Un Warns of ‘Great Crisis’ in North Korea Over Covid-19 Response | W

June 30 (Wednesday) YRI Dr. Ed’s latest video podcast Daily Markets Overview Today’s Morning Briefing Markets Stocks’ Modest Gains Give Nasdaq, S&P 500 Records | W Stocks should add to gains in the second half, but there are two big concerns | C Central banks Fed’s Waller: 2022 rate hike possible, wants MBS taper first | R US I U.S. consumer confidence at 16-month high; house price inflation heating up | R Home price gains in April ‘truly extraordinary,’ S&P Case-Shiller says | C CEO of payroll provider Paychex sees hiring rates rising in September | C Key indicator shows we are past peak inflation fear, supporting the rally | C US II Biden, in Wisconsin, Hails Job-Creating Potential of Infrastructure Deal | W Kudlow: The Real Truth Behind the Biden Budget Double-Talk | nysun.com Supreme Court Rules New Jersey Can’t Block Natural-Gas Pipeline | W China China Wants Howling Diplomats to Quiet Down, but Nationalism Gets in the Way | W Japan Japan’s May factory output posts biggest monthly drop in a year | R Toshiba Scandal Emboldens Foreign Investors Pushing Change in Japan | W Japan’s In-Home Robot Experiment Short Circuits | W Geopolitics & trade Former Chinese Party Insider Calls U.S. Hopes of Engagement ‘Naive’ | W The U.S. is falling further behind China and Europe in EV production | C U.S., European suppliers scramble to secure Christmas goods as cargo delays worsen | R Industries & companies Airlines: United Airlines Bets on Post-Pandemic Growth With Its Biggest-Ever Jet Order | W Airlines: American, Delta, and United Airlines are hiring workers for summer travel demand | Vox Autos: Car Dealers Are Selling More Vehicles Above the Sticker Price | W Consumer discretionary: Amazon Demands One More Thing From Some Vendors: A Piece of Their Company | W Pharma: Sanofi Bets on mRNA Vaccines After Covid-19 Pandemic Shows Worth | W Tech: Windows 11 Insider build: What’s new? | C Corporate finance Didi IPO Pricing Imminent After Lightning-Round Roadshow | W Virus Covid-19 Contact Tracers Race Against Delta Variant in the U.S. | W U.S. Poised to Fall Behind Europe on Covid-19 Vaccine First Doses | W Beyond markets Harvard, MIT Part of $800 Million Deal to Push Access to Online Education | W

June 29 (Tuesday) YRI Dr. Ed’s latest video podcast Daily Markets Overview Today’s Morning Briefing Markets S&P 500, Nasdaq Notch Record Closes | W Persistent Advance in Stocks and Commodities Shows Investor Confidence | W High Lumber Prices Add Urgency to a Decades-Old Trade Fight | N Cathie Wood’s Ark Invest files to create a bitcoin ETF | C Global Americans’ Hunger for the World’s Goods Drives Global Recovery | W Central banks Fed Officials Debate Scaling Back Mortgage-Bond Purchases at Faster Clip | W Fed’s Barkin says U.S. has made “substantial further progress” on inflation goal | R NY Fed’s Williams says major questions need to addressed as digital currencies emerge | R US I Under-the-radar trend may provide relief from runaway inflation fears | C Biden to Highlight Infrastructure Deal’s Roads and Bridges, Not Legislative Path | W Schumer Again Calls On Biden to Cancel $50,000 per Borrower in Federal Student Debt | W US II Where Jobless Benefits Were Cut, Jobs Are Still Hard to Fill | N The market can solve America’s labor shortage — if Washington will let it | TheHill State and local tax cap may be here to stay for the highest earners | C U.S. consumer watchdog approves new foreclosure protections, but not blanket ban | R Homeowners Behind on Mortgages to Be Offered Help, U.S. Agency Says | W China China Beige Book sees creeping caution among consumers and businesses | C Industries & companies Financials: Morgan Stanley doubles its dividend as most banks raise payouts following Fed stress tests | C Financials: Principal Financial to Divest Business of Selling Life Insurance to U.S. Consumers | W FinTech: Venmo to Charge Users for Selling Goods and Services | W Virus Delta Variant of Covid-19 Surges Across Unvaccinated Africa | W Beyond markets UBS Says Hybrid Work Is Here to Stay | W Amazon turns headquarters into cooling center amid Seattle heat wave | C

June 28 (Monday) YRI Dr. Ed’s latest video podcast Daily Markets Overview Today’s Morning Briefing Markets The Stock Market Hasn’t Been This Placid in Years | W Investors can no longer take low interest rates for granted | E Analysis: Chinese flock to home-grown brands in golden opportunity for investors | R Commodities Remain a Popular Bet Despite Recent Declines | W US I Capital-Spending Surge Further Lifts Economic Recovery | W The Housing Market Is Still Hot. That’s Good News for These Three Mortgage Insurers | BR Inflation looks bad now, but it’s pretty much sticking to the script | C Americans Are Leaving Unemployment Rolls More Quickly in States Cutting Off Benefits | W New York and Other Northeast States See Large Drop in Unemployment | W US II White House, Senate Negotiators Try to Keep Infrastructure Deal Alive | W Democrats Focus on Turning Tax Talk Into Action | W During Covid-19, Most Americans Got Richer—Especially the Rich | W Top CEOs of 2021: Barron’s Latest List of Stellar Corporate Leaders | BR Trump Hints at Another Run, Disputes Past Election at Ohio Fairgrounds | W Europe Macron rolls out red carpet to JPMorgan, global CEOs in post-Brexit push | R UK says it has yet to receive formal EU response in sausage row | R With Covid-19 Easing, Diplomats Urge Biden to Lift ‘Unfair’ Ban on European Travelers | W China China’s Communist Party at 100: the secret of its longevity | E Geopolitics & trade North Koreans worry over ’emaciated’ Kim Jong Un, state media says | R Industries & companies Autos: Tesla to ‘recall’ nearly 300,000 China-made Model 3 and Model Y vehicles | C Biotech: Moderna’s Stéphane Bancel: Barron’s Top CEOs 2021 | BR Media: ‘F9’ opening weekend: $70 million box office haul is pandemic record | C Pharma: Pfizer’s Albert Bourla: Barron’s Top CEOs 2021 | BR Retail: Lowe’s Marvin Ellison: Barron’s Top CEOs 2021 | BR Retail: Walmart’s Douglas McMillon: Barron’s Top CEOs 2021 | BR Virus Biden Administration Warns Covid-19 Origins Review May Not Be Definitive | W Covid-19 Killed 26 Indonesian Doctors in June—at Least 10 Had Taken China’s Sinovac Vaccine | W Closing the world’s schools caused children great harm | E Americans Seek Urgent Mental-Health Support as Covid-19 Crisis Ebbs | W Beyond markets Florida condo collapse: Engineer found major structural damage years before | C