wiar 01-16-21

MFwebsite2020researchWhat I Am Reading

Jan 16 (Saturday)

YRI
Daily Markets Overview

Markets
Stock market today: Dow falls more than 150 points to close out a losing week | C
Wall Street closes lower as banks, energy shares tumble | R
Biden Stimulus Adds Fuel to Copper Rally | W

Central banks
Fed’s Kashkari sees pandemic hampering activity through all of 2021 | R

US
Industrial Production in U.S. Rose a Solid 1.6% in December | W
U.S. Retail Sales Fell 0.7% in December as Covid-19 Cases Rose | W
U.S. holiday sales rise 8.3% in 2020 as stimulus checks boost spending: NRF | R
U.S. consumer sentiment slips but shows massive partisan divide | R
Opinion: Prepare for a jobs boom in 2021 | NN
Millennials’ Credit Scores Boosted More Than Any Generation in 2020 | C

US politics
Biden Covid-19 Relief Plan Aims to Ease Poverty, Advance Democratic Priorities | W
Biden defends why stimulus checks should go to employed Americans | C
Biden Asks Americans to ‘Mask Up’ for 100 Days, Criticizing GOP | B
Biden has a plan to help fix the child-care crisis in America | C

China
Ant Group Is Moving Quickly to Comply With Regulations, China’s Central Bank Says | W

Geopolitics & trade
Americans Banned From Investing in Xiaomi as U.S. Expands Blacklist | W
Even Under New Leadership, Germany Won’t Confront China | W
Kim Jong Un Offers a Rare Sneak Peek at North Korea’s Weapons Program | W
EU welcomes Biden proposal for U.S. stimulus | R

Industries & companies
Consumer: Amazon, a Longtime E-Book Discounter, Is Accused of Driving Up the Price of E-Books | W
Consumer: Coca-Cola and Pepsi won’t be advertising namesake sodas during the Super Bowl | C
Energy: Exxon Draws SEC Probe Over Permian Basin Asset Valuation | W
Financials: Bank earnings show ‘tale of two cities’ — three analysts give outlook | C
Financials: America’s Big Banks Girded for a Wave of Bad Loans. They’re Still Waiting. | W
Financials: More Cash Means More Problems for Big Banks | W
Financials: Jamie Dimon: JPMorgan Chase should absolutely be ‘scared s—less’ about fintech | C
Financials: Insurers Face Big Payouts to U.K. Businesses Over Covid Disruptions | W
Health Care: UnitedHealthcare launches virtual primary care for employer plans | C

Virus I
Vaccine Shortfall to Hit Europe, Canada as Pfizer Plant Is Upgraded | W
Confusion Over Second-Dose Reserve Further Disrupts Vaccine Push | B
Biden to deploy FEMA, National Guard to set up Covid vaccine clinics across the U.S. | C

Virus II
Fear of new virus variant pushes U.S. toward more genomic sequencing | MW
Brazil: A new Covid variant has been discovered — here’s what we know so far | C
U.K. Covid-19 Strain Likely to Become Dominant in U.S. in March, CDC Says | W

Corporate finance
Bumble IPO filing warns Apple privacy changes could harm its business | C
NRA files for bankruptcy, says it will reincorporate in Texas | C
IRS delays start of tax filing season to Feb. 12 | C

Offbeat
When to trade bitcoin? When Saturn crosses Mercury, of course | R