wiar 03-27-21

MFwebsite2020researchWhat I Am Reading

Mar 27 (Saturday)

YRI
Daily Markets Overview
Today’s Morning Briefing

Markets
Dow rises more than 200 points amid tame inflation data, bank shares lead | C
Fear of Inflation Finds a Foothold in the Bond Market | N

Central banks
The Fed has embraced the ‘punchbowl’ and has no intention of taking it away | C

Global
Ship blocking Suez Canal is beginning to affect the global economy | C
Ship Stuck in Suez Canal and Chip Shortages: What Global Supply-Chain Problems Mean for You | W
Suez Canal Blockage Forces Operators to Reroute Ships | W

US I
Household Spending Picks Up After Cooling Last Month | W
U.S. consumer spending, income temporarily fall ahead of massive fiscal stimulus | R
The housing market already is on fire, and inflation will soon follow, this former Morgan Stanley economist argues | MW
Biden condemns GOP-backed voting restrictions in Georgia | C

US II
Opinion: Why Janet Yellen is wrong on corporate tax rates | NN
White House considers vehicle mileage tax to fund infrastructure, Buttigieg says | C
Bernie Sanders aims to lower Medicare eligibility age in recovery bill | C
An Unexpected $10,200 Unemployment Tax Break: What to Know | W
School Districts Tackle ‘Learning Loss,’ School Safety With Covid-19 Aid | W
Ghost-Gun Concerns Prompt Feds to Meet With Firearms Makers | W

Geopolitics & trade
U.S. Condemns Chinese Boycotts of Companies That Avoid Xinjiang Production | W
White House watching China closely on forced labor after U.S. firms pressured | R
H&M Is Erased From Chinese E-Commerce Over Xinjiang Stance | W

Industries & companies
Media: ViacomCBS, Discovery stock continues to plunge | C
Media: Apple’s Move to Block User Tracking Spawns New Digital Ad Strategies | W
Media: Voting-Machine Company Dominion Sues Fox News Over Election Claims | W
Tech: Microsoft Is in Exclusive Talks to Acquire Discord | W

Corporate finance
WeWork Agrees to SPAC Deal That Would Take Startup Public | W
ThredUp’s Stock Jumps 30% in Market Debut | W

Virus
Even When Covid-19 Vaccines Arrive, EU Struggles to Get Shots in Arms | W
U.S. Vaccine Supply to Hit 240 Million Doses Next Week, White House Says | B