July 01 (Thursday)

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

Markets
Stock Markets Cruise to Records in First Half, but Investors Grow Uneasy | W
S&P 500 notches fifth straight record closing high, fifth straight quarterly gain | R
Lumber prices dive more than 40% in June, biggest monthly drop on record | C
 
Central banks
Fed Unity Cracks as Inflation Rises and Officials Debate Future | N
Fed’s Kaplan Says Time to Start Paring Bond Buying Aid Soon | W

US
Boom! U.S. consumers hit by rising prices for Fourth of July fireworks | R
U.S. private payrolls increase solidly; pending home sales rebound | R
Shortage of truck drivers is behind fuel delivery delays, says GasBuddy analyst | C
Biden Weighs New Executive Order Restraining Big Business | W
Trump Organization and its CFO indicted by Manhattan grand jury, report says | C

China
China’s Economy Flashes Hints of Weakness | W

Japan
Japan business mood improves in Q2 to 2-1/2-year high – tankan | R

Europe
Why the Covid-19 Pandemic Weakened Far-Right Groups in Europe | W

Geopolitics & trade
U.S., Taiwan Revive Trade Talks, With Pledge to Combat Forced Labor | W

Industries & companies
Autos: Chip shortage causes Ford to slash vehicle production at several plants in July | C
Communications services: Facebook is testing drastic changes to Instagram to make it more like TikTok | C
Consumer discretionary: Amazon’s carbon emissions rose 19% in 2020 even as Covid-19 pushed global levels down | C
 
Corporate finance
Blockbuster IPO day produces big gains for Uber, Delta Air Lines and tech VCs | C
 
Virus
Vaccinated People Who Get Infected Carry Less Covid-19 Virus, CDC Researchers Say | W
Search for Covid’s Origins Leads to China’s Wild Animal Farms—and a Big Problem | W
Kim Jong Un Warns of ‘Great Crisis’ in North Korea Over Covid-19 Response | W