wiar 03-06-21

MFwebsite2020researchWhat I Am Reading

Mar 06 (Saturday)

YRI
Daily Markets Overview
Today’s Morning Briefing

Markets
Stocks face the crosscurrents of higher interest rates and fiscal stimulus in the week ahead | C
U.S. Treasury Yields Waver After Strong Jobs Report | W
Chinese Investors Turn to Bank Stocks as Market Darlings Plunge | B

Central banks
Unfazed by bond market, Fed sets course for sustained, easy policy | R
Minneapolis, Atlanta Fed Leaders Shrug Off Rising Bond Yields | W

US
February Hiring Sets Up Stronger Spring Recovery | W
U.S. labor market roars back; full recovery still years away | R

US politics
Stimulus Package Update: How the Senate Changed Covid-19 Relief Bill | W
Democrats Reach Deal With Manchin to Extend $300 Unemployment Through Sept. 6 | W
Yellen says higher Treasury yields signal recovery, not inflation | R
Biden adds Big Tech critic Tim Wu to his economic staff | R
New York lawmakers strip Gov. Cuomo of emergency Covid powers as sexual harassment, death data scandals roil state | C

China
China’s Plan for Digital Yuan Imperils Bitcoin’s Biggest Markets | B
Short on Babies, China Wants People to Live and Work Longer | W

Geopolitics & trade
U.S. condemns China’s Hong Kong moves, working to ‘galvanize’ action against abuses | R
U.S. Blacklisted China’s Xiaomi Because of Award Given to Its Founder | W
U.S., EU Suspend Tariffs Imposed in Boeing-Airbus Dispute | W

Industries & companies
Financials: Goldman Sachs commits to net-zero emissions by 2030 | The Hill
Financials: Goldman Sachs Partners’ Exits Point to a Changing Culture at the Bank | N

Virus
World’s Worst Covid Crisis Is Unfolding in Brazil, Where No Fix Seems to Work | B
California eases Covid rules, giving Disneyland and other theme parks go-ahead for limited reopening April 1 | C

Corporate finance
Robinhood chooses the Nasdaq for its IPO, sources say | C

Cybersecurity
More than 20,000 U.S. organizations compromised through Microsoft flaw, source says | C

Offbeat
Meghan Markle and Prince Harry Interview With Oprah Fetches at Least $7 Million From CBS | W
Is universal income closer to reality? Cities from Stockton to St. Paul are already testing monthly checks for residents | USA