wiar 02-12-21

MFwebsite2020researchWhat I Am Reading

Feb 12 (Friday)

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
Dow falls slightly from a record as the market’s February rally pauses | C
Stocks edge lower on Biden warning about China | R
Sustainable investment funds more than doubled in 2020 | C

Central banks
Fed’s Daly Sees Central Bank Maintaining Its Bond-Buying Pace Through 2021 | W

US
Forecasters Lift Expectations for 2021 Economic Growth | W
From dismal winter, some U.S. data starts to move higher | R
U.S. labor market struggling, but light at the end of tunnel | R
Surging U.S. Home Prices Gain Momentum as Rally Intensifies | W
New U.S. data next week to show 7.8% of workforce have multiple jobs | R

US politics
Deficit projected at $2.3 trillion for 2021, without new stimulus: CBO | C
Covid stimulus updates: Nancy Pelosi says relief bill will pass by March | C
Cash-in-Pockets Emerges as New Democratic Approach to Federal Aid in Coronavirus Bill | W
Biden Team Pledges Aggressive Steps to Address Chip Shortage | B

Europe
Italy: Mario Draghi wins backing of Five-Star Movement | C

China
Tencent Executive Held by China Over Links to Corruption Case | W

Geopolitics & trade
China will ‘eat our lunch,’ Biden warns after clashing with Xi on most fronts | R
As Huawei Talks Stall, Detention of Two Canadians in China Drags On | W

Industries & companies
Airlines: United returns Boeing 737 Max to commercial service after grounding | C
Autos: General Motors invests $100 million in two U.S. plants to boost transmission production | C
Health Care: How Much Does a C-Section Cost? At One Hospital, Anywhere From $6,241 to $60,584. | W
Pharma: Drugmakers Look for New Ways to Test Covid-19 Vaccines | W
Social Media: India warns U.S. social media firms after dispute with Twitter | R

Cybercurrency & cryptocurrency
White House Names Cybersecurity Expert to Lead Response to SolarWinds Hack | W
Bitcoin donations surge to jailed Kremlin critic Navalny’s cause – data | R
Bitcoin to Come to America’s Oldest Bank, BNY Mellon | W

Corporate finance
Apollo’s LifePoint in Talks to Buy Ardent Health Services | W
Bumble Stock Surges More Than 70% in Market Debut | W

Virus
How CVS and other retailers will dole out any surplus Covid vaccine doses | C
Roche arthritis drug reduces death in hospitalized patients with severe Covid, Oxford researchers say | C

Offbeat
GameStop Mania Is Focus of Federal Probes Into Possible Manipulation | W
Clubhouse and Social Audio Apps Are Having a Moment—Is It All Talk? | W
Another Remote-Work Year Looms as Office-Reopening Plans Are Delayed | W
Is My Stimulus Payment Taxable? And Other Tax Questions | N