Apr 06 (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: Dow climbs 370 points to close at a record high amid optimism on the economic recovery | C
U.S. Stocks Climb to Records on Signs of an Economic Rebound | W
Oil Prices Retreat Amid Demand Worries | W

Central banks
The Fed could come under fire for easy policy while the economy soars and inflation rises | C
Fed’s Mester lauds jobs report, but says loose policy is staying put | C
Jim Cramer: March jobs report gives Fed cover on monetary policy | C

US I
Chuck Schumer says Senate can pass another bill through budget reconciliation | C
Senate Parliamentarian Rules in Favor of Democratic Reconciliation Effort | W
A 28% Tax Rate Will Cost Companies, but Not Equally | W
Biden says higher corporate tax won’t hurt economy | C
Anatomy of a Biden Tax Hike | W

US II
How Biden’s infrastructure plan could leave child care behind | Vox
New York Tax Hike: Richest Residents Face Highest Combined State and City Rates | B

China
China Creates its Own Digital Currency, a First for Major Economy | W

Geopolitics & trade
Yellen Pushes for Global Minimum Tax Rate on Multinational Corporations | W
Yellen speech confirms that the U.S. is back on the world stage | C

Virus
Covid-19 Coronavirus Mutants Multiply as Scientists Race to Decode Variations | B
Fauci warns against relaxing public health measures as summer approaches | C
U.K. to Ease Lockdown as Covid-19 Vaccination Campaign Turns the Tide | W