wiar 06-19-21

MFwebsite2020researchWhat I Am Reading

June 19 (Saturday)

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

Markets I
Dow falls more than 500 points to close out its worst week since October | C
Dow, S&P post worst week in months after hawkish Fed spooks investors | R
Explaining the volatile stock and bond market moves this week following the Fed’s update | C
‘Quadruple witching’ Friday to see $818 billion single stock options expiration – Goldman | R

Markets II
Big Oil Takes a Beating, but Its Investors Are Riding High | N
Exclusive: OPEC told to expect limited U.S. oil output growth, for now – sources | R
DeFi Platforms With Names Like SushiSwap Aim to Be Nasdaq for Crypto – Bloomberg

Global
Global equity funds see biggest inflows in three weeks – Lipper | R

Central banks
Fed’s Jim Bullard sees first interest rate hike coming as soon as 2022 | C
Fed’s Bullard looks to a bond-buying taper not on ‘automatic pilot’ | R
EXCLUSIVE Fed’s Kashkari opposed to rate hikes at least through 2023 | R

US
Inflation breakout will drive 10-year Treasury yields above 2% in coming months, Wells Fargo predicts | C

China
China Considers Lifting All Childbirth Restrictions by 2025 | W

Industries & companies
Airlines: Air Travel Returned. So Did Long Lines at Security, Restaurants, Shops. | W
Financials: HSBC to Take $3 Billion in Losses on Sale of Troubled French Bank | W
Financials: European Union Lifts Bond-Sale Ban for Some Banks | W
Fitness: Americans are heading back to gyms as interest in at-home workouts wanes, Jefferies says | C
                             
Corporate finance
Credit Suisse Slashes Business With SoftBank and Its Founder, Masayoshi Son | W
 
Virus
WHO says delta is becoming the dominant Covid variant globally | C
Biden says delta Covid variant is ‘particularly dangerous’ for young people | C
Delta Covid-19 Variant Likely to Become Dominant in U.S., CDC Director Says | W

Offbeat
West Risks Blackouts as Drought Reduces Hydroelectric Power | W