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Dr. Ed's Blog

wiar 06-22-21

MFwebsite2020researchJune 22, 2021What I Am Reading

June 22 (Tuesday)

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

Markets
Wall Street ends sharply higher, led by surging Dow | R
Stocks Rebound as Dow Gains More Than 550 Points | W
A 10% to 15% correction could be a significant opportunity: Invesco | C

Central banks
Economy Is Showing Sustained Progress, Powell Says | W
Powell notes economic improvement, but says the pandemic remains a risk | C
Fed officials open debate on bond taper | R
Analysis: Fed’s “big tent” framework may fray under inflation surge | R
Here’s why the market may be wrong about the Federal Reserve and interest rates | C

US
Biden, Congress divided on how to pay for infrastructure | R
Biden’s plan raises top capital gains tax rate to among highest in world | C
Medicaid Enrollment Surged During Covid-19 Pandemic, Report Shows | W

Industries & companies
Tech: Chip Shortages Are Starting to Hit Consumers. Higher Prices Are Likely. | W

Crypto
Bitcoin Price Extends Drop After China Intensifies Crypto Crackdown | W
 
Climate
SEC Wants More Climate Disclosures. Businesses Are Preparing for a Fight. | W

Virus
Moody’s Analytics on Covid outbreaks in Asia, Fed rate hikes in 2023 | C
Moderna Plans to Expand Production to Make Covid-19 Vaccine Boosters, Supply More Countries | W

Offbeat
Supreme Court rules against NCAA in compensation fight with college athletes | C

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