wiar 03-02-21

MFwebsite2020researchWhat I Am Reading

Mar 02 (Tuesday)

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

Markets
Stocks rocket higher in broad rally to start March, S&P 500 jumps 2% for best day since June | C
U.S. Treasury Yields Fall After Notching Big Gains Last Week | W

Central banks
Fed policy changes could be coming in response to bond market turmoil, economists say | C

US
One year into pandemic, sky begins to clear over U.S. economy | R
Virus Did Not Bring Financial Rout That Many States Feared | N
U.S. factory activity scales three-year high, price pressures building | R
How Can Biden Bring Back Manufacturing Jobs? Weaken the Dollar | N
Is Inflation a Risk? Not Now, but Some See Danger Ahead | W

US politics
Stimulus update: Democrats to drop minimum wage plan in Covid relief bill | C
Many Businesses Support a Minimum-Wage Increase—Just Not Biden’s $15-an-Hour Plan | W
11 million Americans face an unemployment-benefits ‘cliff’ if lawmakers don’t extend COVID-19 relief programs | MW
Warren Revives Wealth Tax, Citing Pandemic Inequalities | N

Europe
Banks in Germany Tell Customers to Take Deposits Elsewhere | W

Geopolitics & trade
U.S. to Take Hard Line on Chinese Trade Practices, Administration Says | W
Biden administration to consider carbon border tax as part of trade agenda: USTR | R
Biden’s Plans to Rally Allies on China Are Put to the Test | W

Industries & companies
Airlines: Return of business travel, sustainable fuels expected in aviation’s future | R
Consumer discretionary: Biden Backs Amazon Workers’ Push to Unionize in Alabama | W
Energy: Exxon Adds New Board Members Amid Activist Pressure | W
Energy: To go electric, America needs more mines. Can it build them? | R
Media: How the Pandemic Stalled Peak TV | N
Tech: Apple stock has biggest day since Oct. 12 after Buffett endorsement, stores reopen | C
Tech: Zoom (ZM) earnings Q4 2021 | C

Cryptocurrency & technology
China Charges Ahead With a National Digital Currency | N
Bitcoin (BTC) is at a ‘tipping point,’ Citi says | C
New York attorney general warns cryptocurrency industry: ‘Play by the rules or we will shut you down’ | C
Tesla isn’t the only EV stock set for gains this year, says analyst | C

Virus
J&J Covid-19 Vaccine Shipments Head for States | W
Pfizer or AstraZeneca Single Dose Cuts Hospitalizations by 80% | B
Dimon Sees ‘Carrots and Sticks’ Approach to Covid Vaccines | B
New York Covid-19 Variant Drawing Concern From Fauci, CDC | B
Fearing Covid-19 Surge, Florida Officials Crack Down on Spring Breakers | W

ESG
Big Companies Disclose Details on Gender, Race in Workforces | W

Offbeat
Eat Just: Good Meat sells lab-grown cultured chicken in world-first | C