wiar 07-02-21

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July 02 (Friday)

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

Markets
S&P 500 hits sixth-straight record, Dow adds 100 points as Wall Street kicks off the second half | C
Bets ramping up for lower Treasury yields in the second half of 2021 | R

Central banks
Fed’s Harker Supports Start of Bond Buying Pullback Later This Year | W
ECB Signals Green Light on Bank Dividends | W

Global
Global minimum corporate tax: 130 nations to support U.S. proposal | C

US I
U.S. House approves $715 billion infrastructure bill | R
U.S. deficit will total $3 trillion in fiscal 2021, budget panel says | C
Opinion: Inflation will hurt low-income Americans for years to come | NN

US II
U.S. labor market recovery gaining steam; worker shortages an obstacle | R
Job growth looked stronger in June as companies scrambled to find workers | C
Chamber of Commerce CEO: Employers can’t find workers | C
This Summer, Jobs Come With a Hefty Signing Bonus | W

Industries & companies
Consumer: General Mills is the latest company to face a big inflation hit | C
Consumer discretionary: Amazon adds leadership principles to prepare for post-Jeff Bezos era | C
Retail: H&M Pays Price of Upsetting Beijing as China Sales Drop | W
Retail: Walgreens Sales Rise as Vaccinations Improve Prescriptions Business | W
Tech: Why Microsoft Is Still a Big Tech Superstar | N

Corporate finance
M&A Boom Shows No Sign of Stopping After Epic First Half | B
Robinhood IPO: Company has 18 million accounts managing $80 billion | C
Krispy Kreme IPO: DNUT starts trading on the Nasdaq | C

Virus
1,000 counties in the U.S. have vaccination coverage of less than 30% | C
Delta: White House to deploy response teams across U.S. to combat Covid variant | C
From Pandemic to Endemic, Singapore Creates Model for Living With Covid-19 | W
Another Respiratory Virus Is Spreading as U.S. Gets Back to Pre-Covid-19 Life | W

Beyond markets
Miami building collapse: Search halted due to concerns other tower could fall | C
Trump Organization indictment alleges scheme to dodge taxes on executive compensation | C
Internet’s Original Source Code Sold as NFT for $5.4 Million | W