wiar 01-26-21

MFwebsite2020researchWhat I Am Reading

Jan 26 (Tuesday)

YRI
YRI Podcast. In our latest video podcast, Dr. Ed discusses the main points of today’s Morning Briefing.
Daily Markets Overview
Today’s Morning Briefing

Markets
Stock market today: S&P 500 ends volatile day slightly higher, Apple pushes Nasdaq to another record close | C
Mania in stocks like GameStop, surging options activity suggest a market pullback is coming | C

Central banks
Yellen Passed the Economic Stability Baton to Powell. Now, He’s Handing It Back. | W

US
Nearly 20% of renters in America are behind on their payments | C

US politics
Coronavirus stimulus updates: Biden says relief talks could take weeks | C
Biden ‘Open to Negotiate’ on Stimulus, Seeks GOP Backing | B
Biden Signs Buy American Order for Government Procurement | W
Capitol riots: GOP worried about raising money for 2022 midterms | C

Europe
Europe’s Bankruptcies Are Plummeting. That May Be a Problem. | N
Italy’s Prime Minister Conte Resigns Amid Struggle Against Covid-19 and Recession | W

Geopolitics & trade
China’s Xi Warns Against Confrontation in Veiled Message to Biden | W

Industries & companies
Energy: How the Most Hyped U.S. Oil Merger in a Decade Went Bust
Tech: Google Pursues Plan to Remove Third-Party Cookies | W
Tech: How tech can help with the COVID-19 vaccination campaign | C

Virus I
Moderna Developing Vaccine Booster Shot for Virus Strain Identified in South Africa | W
Moderna says it believes vaccine will work against new variants | R
Exclusive: U.S. goal to squeeze more COVID shots from Pfizer vials hampered by syringe production | R

Virus II
Biden orders travel ban on most non-U.S. citizens from South Africa, extends Europe, UK, restrictions | C
Merck ends COVID vaccine program, cites inferior immune responses | R
How Big a Setback Is Merck’s Vaccine Flop? | B
China Wanted to Show Off Its Vaccines. It’s Backfiring. | N

Virus III
California lifts statewide Covid stay-at-home order, allowing restaurants to reopen | C
Restaurants push for access to Covid vaccine, but unlikely to require it | C
Budweiser Skips Super Bowl Ad, Promises Vaccine Education Instead | W

Corporate finance
China’s Love of TikTok-Style Apps Powers $5 Billion IPO | W
Goldman Sachs: Markets will ‘flush out’ some SPAC excess — but it won’t be a crisis | C