What I Am Reading

June 15 (Tuesday) YRI Dr. Ed’s latest video podcast Daily Markets Overview Today’s Morning Briefing Markets S&P 500 dips from record closing high as focus shifts to Fed meeting | R Oil Price Hits Pandemic High as Investors Bet on Green Energy | W Pandemic Hangover: $11 Trillion in Corporate Debt | W Central banks Fed Officials Could Pencil In Earlier Rate Increase at Meeting | W NY Fed May Consumer Survey Finds Public Bracing for Large Inflation Gains | W US I Jamie Dimon: JPMorgan is hoarding cash because ‘very good chance’ inflation here to stay | C Paul Tudor Jones: ‘Go all in’ on inflation trades if Fed ignores higher prices | C U.S. consumers expect near-term boost in inflation, labor market, NY Fed survey finds | R Back to the future: 2020s to echo roaring 20s or inflationary 70s? | R Bidenomics is a total disaster that could send US back to stagnant ’70s | P US II U.S. Senate Republicans to discuss details of new infrastructure plan | R Opinion | Biden Must Stop the Line 3 Pipeline in Minnesota | N Tom Suozzi, Democrat Behind SALT Push, Floats One-Time Multimillionaire Tax | B The Recession Isn’t Over Till They Say It’s Over. (But Who Are They?) | N American Express CEO: U.S. travel, dining spending is nearing full recovery | C To Fill Millions of Open Jobs, Many Workers Need More Than Skills | N Geopolitics & trade U.S. Fight Against Chinese 5G Efforts Shifts From Threats to Incentives | W Virus Vaccines Offer Significant Protection Against Covid-19 Delta Variant, U.K. Analysis Shows | W Novavax Covid-19 Vaccine Is 90% Effective, Including Against Variants, New Study Shows | W Companies Push Employees to Prove They Are Vaccinated for Covid-19 | W Third Shot Could Help Boost Covid Defense in Transplant Patients | B Cybersecurity Bitcoin on the Balance Sheet Is an Accounting Headache for Tesla, Others | W Offbeat Chinese Nuclear Plant Flags Performance Issue, French Part Owner Says | W Fire at Illinois chemical plant could cause ‘environmental nightmare,’ fire chief says | C Winning Ticket to Join Jeff Bezos in Space Costs Nearly $30 Million in Blue Origin Auction | W

June 14 (Monday) YRI Dr. Ed’s latest video podcast Daily Markets Overview Today’s Morning Briefing Markets Markets Are Leaving Little Room for the Fed to Be Wrong on Inflation | W Strange Bond Moves Could Signal Slower Growth in Second Half | BR Regulators Tell Banks It Is Time to Stop Using Libor | W Teen Traders Are Shaking Up the Stock Market | BR Global supply chains How green bottlenecks threaten the clean energy business | E Home Depot contracted its own container ship to avoid shipping delays | C Why That Sofa You Ordered Isn’t Showing Up Soon | W US Huge Paydays for C.E.O.s, as Gap With Workers Widened | N Retiring Workers Alter Fed’s Calculus on Jobs Shortfall | W Forget Going Back to the Office—People Are Just Quitting Instead | W Europe Europe Keeps Aiding Companies to Avoid Surge of Covid-19 Insolvencies | W China China plans to accelerate blockchain development and adoption in push to become a world leader in the technology by 2025 | SCMP Middle east Israel Parliament votes in new government, ending Netanyahu rule | C G7 G-7 Leaders Rally to Biden’s Call to Challenge China | W G-7 leaders agree on vaccines, China and taxing corporations | C G7 pledge cooperation on carbon leakage as EU border tariff looms | R Biden says U.S. is ‘back at the table’ following G-7 summit | C Industries & companies Autos: GM, Ford are all-in on EVs. Here’s how dealers feel about it | C Consumer discretionary: Fake Reviews and Inflated Ratings Are Still a Problem for Amazon | W Pharma: Biogen’s Alzheimer’s Drug Opens Up a New Market. These Stocks Could Benefit if More Approvals Come. | BR Tech: Taiwan Semiconductor Stock: How to Play the World’s Most Important Chip Maker. | BR Tech: Kinaxis Solves Supply-Chain Issues. Its Stock Is Due for a Resurgence. | BR Corporate finance Shell considering sale of holdings in largest U.S. oil field | C   Cryptocurrency China blocks cryptocurrency Weibo accounts in ‘judgment day’ for bitcoin | GU Musk: Tesla will accept bitcoin when miners use clean energy | C What is monero? New cryptocurrency of choice for cyber criminals | C Technology Amazon details new warehouse robots, ‘Ernie’ and ‘Bert’ | C Virus Texas Hospital System Can Require Employees to Get Covid-19 Vaccine, Judge Rules | W Offbeat Hoover Dam water shortage: Levels decline amid West dryness, droughts | USA The Hedge-Fund Manager Who Did Battle With Exxon—and Won | W National Parks Are Overcrowded and Closing Their Gates | W

June 12 (Saturday) YRI Dr. Ed’s latest video podcast Daily Markets Overview Today’s Morning Briefing Markets Wall Street flat with Fed meet in focus | R S&P 500 Sets New High, Rises for Third Straight Week | W Zombie Stocks Defy Bankruptcy Logic as Meme Traders Bid Them Up | B US When Americans Took to the Streets Over Inflation | W House Bills Seek to Break Up Amazon and Other Big Tech Companies | W Opinion | Job openings hit a record high — yet the unemployment bonuses keep coming | WP G7 White House says G7 leaders will endorse proposed 15% global minimum corporate tax | R U.S. says G7 may reallocate $100 bln from IMF funds to COVID-ravaged nations | R Geopolitics & trade Fresh Covid-19 Outbreaks in Asia Disrupt Global Shipping, Chip Supply Chain | W Beyond Lois Lerner: Is Europe Now Writing American Tax Policy? | NY Sun China Still Buys American DNA Equipment for Xinjiang Despite Blocks | N Industries & companies Aerospace: Boeing Offloads Unclaimed MAX Jets as Air Travel Recovers | W Virus Can Schools Mandate Covid-19 Vaccines for Children? What We Know | W Companies Are Still Grappling With Their Vaccination Policies | N Moderna Says It Doesn’t See Signs That Shot Causes Heart Issue | B Cybersecurity McDonald’s Hit by Data Breach | W Offbeat JPMorgan Staff Irked Over Order to Save Texts on Personal Phones | B

June 11 (Friday) YRI Dr. Ed’s latest video podcast Daily Markets Overview Today’s Morning Briefing Markets S&P 500 brushes off rising inflation to hit record high | R Tech Giants Lift S&P 500 to Record as Reddit Favorites Languish | B Central banks Inflation hotter than expected, but temporary, won’t affect Fed policy | C Inflation Rate Climb Adds Impetus to Fed Policy Shift | W Fed balance sheet tops $8 trillion for first time -data | R China’s PBOC Gets Local Government Help in Avoiding Cash Crunch | B US I CPI May 2021 jumps 5%, fastest pace since summer of 2008 | C Which Higher Prices Are Here to Stay? | W Household net worth climbs to $136.9 trillion, thanks to big stock market gains | C US II Biden infrastructure plan: Bipartisan Senate group nears deal | C U.S. House panel approves $547 bln infrastructure boost | R U.S. Treasury’s Yellen says Congress needs to fund debt relief programs | R Third member of prestigious FDA panel resigns over approval of Biogen’s Alzheimer’s drug | C China The Sad End Of Jack Ma Inc. | FR Industries & companies Consumer: Chewy CEO: Dog, cat adoption rates have remained high amid reopening | C Restaurants: Starbucks, Flush With Customers, Is Running Low on Ingredients | N Corporate finance Didi Chuxing files for IPO, booked $6.4 billion revenue in Q1 | C Vertical Aerospace to go public in $2.2 billion SPAC, gets American Airlines investment | C Asset Managers in Europe Look for Deals to Bulk Up | W Virus Covid vaccine: CDC says heart inflammation in 16- to 24-year-olds higher than expected after second shot | C Covid-19 Deaths This Year Have Already Eclipsed 2020’s Toll | W U.S. Suspends J&J Covid-19 Vaccine Shipments as States Face a Surplus of Expiring Doses | W Moderna’s Covid-19 Vaccine Seeks FDA Authorization for Use in Adolescents | W

June 10 (Thursday) YRI Dr. Ed’s latest video podcast Daily Markets Overview Today’s Morning Briefing Markets S&P 500 flirts with record high, ‘meme’ rally rolls on | R Central banks ‘Impotent’ Fed policy can’t stop 1970s-type inflation: Peter Boockvar | C US I Hot inflation may have become scorching in May and is expected to hit a 28-year high | C U.S. Retail Sales Forecast Rises Sharply as Covid-19 Restrictions Ease | W US II U.S. senators push for infrastructure plan that avoids tax hikes | R Congress wants to make more changes to the U.S. retirement system | C Keystone pipeline canceled after Biden revokes key permit | C Opinion: The only way to resolve the nation’s affordable housing crisis | N China China Tempers Climate Change Efforts After Economic Officials Limit Scope | W Geopolitics & trade Trump’s TikTok, WeChat Actions Targeting China Revoked by Biden | W Why Northern Ireland, Population 1.9 Million, Is Back on the Trans-Atlantic Agenda | W Industries & companies Energy: Clean Energy Fuels stock soars more than 30% as retail traders pick new targets | C Financials: Banks to Companies: No More Deposits, Please | W Retail: RH earnings Q1 2021 top estimates | C Tech: Democrats’ draft antitrust bills could reshape Apple, Amazon, Google, Facebook | C Cybersecurity JBS Paid $11 Million to Resolve Ransomware Attack | W Virus U.S. is in discussions with Moderna on buying Covid vaccine doses for other nations | C Covid-19 Delta Variant First Found in India Is Quickly Spreading Across Globe | W

June 09 (Wednesday) YRI Dr. Ed’s latest video podcast Daily Markets Overview Today’s Morning Briefing Markets S&P 500 closes little changed as “meme stocks” extend rally | R Lumber executive sees further relief in sky-high prices | C US Biden infrastructure plan: Talks with GOP senators fall apart | C U.S. job openings jump to fresh record high in April | R Workers Are Quitting Hotel and Restaurant Jobs at the Highest Rate on Record | B It’s easy to sell a home these days. The catch is you have to find another one to buy | NN Rich Americans Like Bezos, Musk, Buffett Avoided Income Tax  | N China China Moves to Tame Inflation Before Prices Rise Too Much  | N Biden supply chain ‘strike force’ to target China on trade | R Geopolitics & trade Senate passes $250 billion tech bill aimed to boost U.S. competition with China | C Industries & companies Autos: Lordstown Motors Says It Doesn’t Have Cash to Start Commercial Production | W Energy: One Oil Company’s Rocky Path to Renewable Energy | W Financials: Amazon Explores Replacing JPMorgan in Credit-Card Partnership | B Financials: Big Banks Face Climate-Change Tests | W   Corporate finance Payments Processor Marqeta Raises $1.23 Billion in IPO | B Virus Fauci: U.S. must vaccinate more people before Delta becomes dominant Covid variant | C U.S. forming expert groups on safely lifting global travel restrictions | R Millions of J&J Covid-19 Vaccines Are at Risk of Expiring in June | W Live Wildlife Sold in Wuhan Markets Before Covid-19 Outbreak, Study Shows | W Crypto & cybersecurity Colonial Pipeline Chief Says Recovery From Ransomware Hack Not Complete | W FBI likely exploited sloppy password storage to seize Colonial ransom | C Bitcoin, Ether, Dogecoin Prices Slump as Selloff Picks Up | W Offbeat Internet Outage Hits Major Websites | W

June 08 (Tuesday) YRI Dr. Ed’s latest video podcast Daily Markets Overview Today’s Morning Briefing Markets S&P closes nominally lower as investors wait for a catalyst | R Stocks are on the path towards new records, even with Fed and inflation worries increasing | C Deutsche Bank warns of global ‘time bomb’ coming due to rising inflation | C Commodity Price Surges Add to Inflation Fears | W Options Traders Bet on Return of $100 Oil | W Central banks The Fed is in early stages of prepping markets for tapering asset purchases | C Jim Cramer says Yellen’s interest rate comments ‘spooked the market’ | C Fed’s reverse repo volume hits all-time high | R US U.S. consumers sour on housing market’s buying conditions | R From lapsing job benefits to full stadiums, June could be U.S. recovery’s pivot | R Offshore Wind Farms Show What Biden’s Climate Plan Is Up Against | N Industries & companies Pharma: Biogen’s Alzheimer’s drug approved by FDA, first new therapy in nearly two decades | C Tech: Apple unveils new privacy features, digital IDs and changes to FaceTime. | N Corporate finance Blackstone to Buy Data-Center Operator QTS Realty Trust for $6.7 Billion | W Mark Cuban-backed banking app Dave going public via $4 billion SPAC | C CLEAR files S-1 for IPO as post-pandemic travel rises | C ESGs BlackRock’s ‘No. 1’ goal in ‘woke’ investing: Huge ESG-funds haul | P Crypto & cybersecurity Crashing crypto prices spooked some new investors. Others are doubling down | NN Colonial Pipeline ransom: U.S. recovers $2.3M in bitcoin paid | C   Virus U.S. Report Found It Plausible Covid-19 Leaked From Wuhan Lab | W Offbeat Jeff Bezos to fly on Blue Origin first passenger flight in July | C Salesforce’s Benioff says 50-60% of employees likely to work from home | C

June 07 (Monday) YRI Dr. Ed’s latest video podcast Daily Markets Overview Today’s Morning Briefing Markets As oil demand picks up, OPEC’s discipline will be tested | E AMC, meme stocks could spark more heat in the week ahead as investors await inflation news | C Global Covid’s unequal effect on companies | E Central banks The Fed’s Inflation View Is All About That Base | W Higher interest rates would be good for the country, Treasury Secretary Yellen says | C US Biden’s Agenda Takes On Steep GOP Resistance in Senate | W Manchin says he will vote against Democrats’ voting rights bill | C Move to a New City for Work? No Thanks | W Workers Aren’t Coming Back | National Review Las Vegas Presses Its Luck in the Postpandemic Era | BR China China’s Tech Clampdown Is Spreading Like Wildfire | W China Reconsiders Its Central Role in Bitcoin Mining | W G7 G7 nations reach historic deal on global tax reform | C G-7 Countries Back Minimum Global Tax of 15% for Corporations | BR A G-7 Deal on a Global Minimum Tax for Companies Faces Hurdles | W Yellen Won a Global Tax Deal. Now She Must Sell It to Congress. | N Geopolitics The new geopolitics of global business | E Israel domestic security warns of violence as Netanyahu faces unseating | C ‘Do We Need to Be in Hong Kong?’ Global Companies Are Eying the Exits | W   Industries & companies Consumer discretionary: Why Alibaba, Alphabet, and Amazon Stock Are Bargains: Samantha McLemore | BR Financials: Banks Need Loan Growth to Keep Rallying. These Stocks Already Have It. | BR Financials: Visa Stock Is Lagging Behind the Stock Market. Don’t Overlook It. | BR Media: AMC Stock Is Up 3,100%. Should You Buy or Sell? | BR Real estate: What a work-from-home revolution means for commercial property | E Tech: iPhone? AirPods? MacBook? You Live in Apple’s World. Here’s What You Are Missing. | W Wireless: AT&T, Verizon Push Free iPhones for Long-Term Customers | W Corporate finance Private-Equity Group Reaches Deal to Buy Medline for Over $30 Billion | W   Cybersecurity Are We Waiting for Everyone to Get Hacked? | N U.S. energy secretary opposes ransomware payments, pushes for better ‘cyber-defenses’ | C Virus Europe’s vaccination campaign has gathered pace, though not everywhere | E Fauci’s 2,000 emails a day show how little U.S. officials knew in the early days of the Covid pandemic | C Offbeat Should You Get a Job in Retirement? Yes, Here’s Why. | BR

June 05 (Saturday) YRI Dr. Ed’s latest video podcast Daily Markets Overview Today’s Morning Briefing Markets S&P 500 rises on Friday to close out winning week near a record high | C Stocks Close Near Records After Jobs Report | W Central banks Fed Inching Toward Discussion of Slowing Bond Purchases | W Jobs data improves, but not enough to get Fed talking about tapering | C US I Inflation Is Real Enough to Take Seriously | N May 2021 Jobs Report: U.S. Adds 559,000 to Payrolls | N Hiring Picked Up in May but Lagged Behind Broader Recovery | W U.S. leisure and hospitality pay surges to a record. Now will workers come? | R Fewer Americans blame COVID for preventing them from seeking work | R US II Biden responds to the May jobs report: ‘Our plan is working’ | C A Good Worker Is Hard to Find | W Biden rejects new Republican infrastructure offer | R Hot Housing Market Leaves People Afraid to Trade Up | W Europe Europe is now a corporate also-ran. Can it recover its footing? | E Geopolitics & trade Putin Says the U.S. Wants to Hold Back Russia’s Development | W Industries & companies Communications services: Facebook’s Marketplace Faces Antitrust Probes in EU, U.K. | W Cybersecurity Colonial Pipeline Cyber Attack: Hackers Used Compromised Password | B CEOs need to prepare for increase in ransomware attacks: DOJ official | C Sustainability & Climate Why Doing Good Is No Longer Bad Business | W Drought grips Western United States as wildfire season begins | C Technology U.S. military rocket cargo program for SpaceX’s Starship and others | C California will allow Cruise to give rides in driverless test vehicles | C Virus Covid-19 Vaccine Incentives: Free Beer, Cash, Guns Boost Young Vaccine Rates | B Rise in adolescent Covid hospitalizations is reflection of new variants, Gottlieb says | C Offbeat Donald Trump to remain banned from Facebook for two years, effective from Jan. 7 | C

June 04 (Friday) YRI Dr. Ed’s latest video podcast Daily Markets Overview Today’s Morning Briefing Markets Stocks Drop as Technology Shares Retreat | W Low tax stocks slide after report that Biden pushes 15% minimum rate | C Central banks Fed’s Williams Says Economy Far From Levels Needed to Pare Stimulus | W With or Without the PBOC, the Yuan Is Set to Weaken From Here | B US I Biden Floats 15% Minimum Corporate Tax in Talks With GOP | B Biden Signals Flexibility on Taxes for Infrastructure | W Infrastructure: Biden wants Republican Capito to increase counteroffer | C Labor Shortage Draws Attention of U.S. Lawmakers | W US II Record-high number of U.S. small businesses can’t fill job openings – NFIB | R Restaurants, Supermarkets Can’t Find Enough Workers to Open New Locations | W Opinion | Americans Don’t Want to Return to Low Wage Jobs | N More than 14% of renters still behind on rent as eviction ban ends | C Millennials Age 40 With No Home, More Debt Run Out of Time to Build Wealth | B China China President Xi Jinping Seeks ‘Lovable’ China Image in Diplomatic Rethink | B Geopolitics & trade ‘They are hair on fire’: Biden admin mulling cyber attacks against Russian hackers | C Biden Expands Blacklist of Chinese Companies Banned From U.S. Investment | W Biden prohibits U.S. investment in 59 Chinese companies | C Industries & companies Autos: Ford to expand profitable truck lineup with new small Maverick pickup | C Energy: The Climate Yawns at Exxon ‘Coup’ | W Media: AMC ends wild trading day down 18% after share sale | C Pharma: Breast-Cancer Pill Reduced Recurrence, Death in Early-Stage Patients, Study Finds | W Retail: Lululemon (LULU) reports Q1 2021 earnings | C Corporate finance Bill Ackman’s SPAC is close to a $40 billion deal with Universal Music | N Cryptocurrency DeFi Is Helping to Fuel the Crypto Market Boom—and Its Recent Volatility | W Virus Europe Pushes Alternative to Waiving Patents on Covid-19 Vaccines | W Offbeat Salvatore Garau lo Sono invisible sculpture 18k usd sale | HYPEBEAST