wiar 05-29-21

MFwebsite2020researchWhat I Am Reading

May 29 (Saturday)

YRI
Dr. Ed’s latest video podcast
Daily Markets Overview
Today’s Morning Briefing

Markets
S&P, Dow End Month Higher as Investors Weigh Inflation Data | W
S&P 500 gains slightly to wrap up 4th straight positive month, sits less than 1% from record high | C
U.S. Corporate Bond Spreads Hit 14-Year Low as Economy Resurges | B
Convertible-Bond Sales Are Soaring in 2021—Often at 0% Interest | W

US I
Money is cheap, let’s spend it – White House $6 trillion budget message | R
Here’s One Thing Missing from President Biden’s Budget: Booming Growth | N
Biden Budget Shows Focus on Wealth Redistribution, Not Growth | B
Biden’s big budget comes with a modest growth outlook for an aging country | R
Biden budget includes spending plans, boost in health, education funds | C
Pentagon asks for $715 billion in 2022 Defense budget | C
 
US II
Biden says rising wages are a sign his economic agenda is working | C
Biden infrastructure plan: Schumer says Senate Democrats will work on bill in June | C
Americans Boosted Spending, Adding Fuel to Economic Growth | W
Pent-up demand, shortages fuel U.S. inflation | R
 
Geopolitics & trade
Biden’s Asia Czar Kurt Campbell Says Era of Engagement With China Is Over | B
 
Industries & companies
Aerospace: Boeing Dreamliner Deliveries Face New Delays | W
Airlines: U.S. airlines refunded $12.8 billion to travelers in 2020, industry group says | C
Autos: Tesla starts using cabin cameras for driver monitoring | C
Media: AMC short sellers dealt massive $1.2 billion blow after stock rally | C
Retail: Costco is seeing inflation abound, impacting a slew of consumer products | C

Cryptocurrency
‘Superman’ Forced to Surrender Crypto in ATM Laundering Bust | B
Bitcoin mine discovered by UK police on cannabis farm raid | C

Virus
CDC eases summer camp Covid guidance, says fully vaccinated teens don’t need masks | C
Employers Can Require Covid-19 Vaccine Under Federal Law, New Guidance States | W
European Union Approves Pfizer-BioNTech Vaccine for Adolescents | W
India’s Covid Surge Hit Young Patients Hard and Fast | W