Dec 02 (Wednesday)

YRI
Morning Briefing PDF
Daily Markets

Markets
Why the 2020s could favor market-timers over buy-and-hold U.S. stock investors | MW
Bets on More Fed Bond-Buying Help Contain Treasury Yields | W
Options Trading Is More Popular Than Ever Despite the Risks | W
China’s Covid-19 Comeback Lifts Iron Ore | W

China
China continuing to outpace the U.S. economy, CFO survey reveals | C

US politics
DOJ did not find fraud that would reverse Biden win over Trump, Barr says | C
Beware tax hikes under Biden, even if GOP holds the Senate | Washington Examiner
Pelosi, McConnell Fan Stimulus Hopes With 2020 Clock Running Out | B

Geopolitics & trade
Biden says will not kill Phase 1 trade deal with China immediately: NYT | R
Biden’s Economic Team Charts a New Course for Globalization, With Trumpian Undertones | W
Trump threatens to veto defense bill unless internet liability shield scrapped | C

Industries & companies
Retail: Tech Beats Toys for Holidays Despite Covid Screen Fatigue | W
Retail: Walmart+ members to get free online shipping without a minimum | C

Virus
Covid vaccine: CDC panel says health workers, nursing homes will get first doses | C
Opinion | The Line for a Coronavirus Vaccine Is Forming | N
UK approves Pfizer-BioNTech coronavirus vaccine, rollout next week | C
Roche’s coronavirus antibody test gets emergency use authorization from the U.S. | C

Corporate finance
Salesforce buys Slack for $27.7 billion in cloud company’s largest deal | C
JD Health Raises $3.5 Billion From Hong Kong’s Red-Hot Capital Markets | W
DoorDash Is Set to Deliver SoftBank a Big Hit | W