June 08 (Tuesday)

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

Markets
S&P closes nominally lower as investors wait for a catalyst | R
Stocks are on the path towards new records, even with Fed and inflation worries increasing | C
Deutsche Bank warns of global ‘time bomb’ coming due to rising inflation | C
Commodity Price Surges Add to Inflation Fears | W
Options Traders Bet on Return of $100 Oil | W

Central banks
The Fed is in early stages of prepping markets for tapering asset purchases | C
Jim Cramer says Yellen’s interest rate comments ‘spooked the market’ | C
Fed’s reverse repo volume hits all-time high | R

US
U.S. consumers sour on housing market’s buying conditions | R
From lapsing job benefits to full stadiums, June could be U.S. recovery’s pivot | R
Offshore Wind Farms Show What Biden’s Climate Plan Is Up Against | N

Industries & companies
Pharma: Biogen’s Alzheimer’s drug approved by FDA, first new therapy in nearly two decades | C
Tech: Apple unveils new privacy features, digital IDs and changes to FaceTime. | N

Corporate finance
Blackstone to Buy Data-Center Operator QTS Realty Trust for $6.7 Billion | W
Mark Cuban-backed banking app Dave going public via $4 billion SPAC | C
CLEAR files S-1 for IPO as post-pandemic travel rises | C

ESGs
BlackRock’s ‘No. 1’ goal in ‘woke’ investing: Huge ESG-funds haul | P

Crypto & cybersecurity
Crashing crypto prices spooked some new investors. Others are doubling down | NN
Colonial Pipeline ransom: U.S. recovers $2.3M in bitcoin paid | C
 
Virus
U.S. Report Found It Plausible Covid-19 Leaked From Wuhan Lab | W

Offbeat
Jeff Bezos to fly on Blue Origin first passenger flight in July | C
Salesforce’s Benioff says 50-60% of employees likely to work from home | C