July 06 (Tuesday)

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

Markets
Oil prices jump to multiyear highs after OPEC+ talks yield no production deal | C
Retail Investors Power the Trading Wave With Record Cash Inflows | W

US I
U.S. Added 850,000 Jobs in June Labor Rebound | W
Pandemic Wave of Automation May Be Bad News for Workers | N
Lower-Wage Workers See Biggest Gains From Easing of Covid-19 Pandemic | W

US II
Wages are rising, and that’s going to have to continue to get people back to work | C
Higher Inflation Ahead? Maybe. But Don’t Even Try to Predict It. | N
U.S. Trade Deficit Widened in May as Economic Rebound Fueled Demand for Imports | W
The real risk to America’s democracy | E

Europe
Euro zone business activity soared in June as lockdowns lifted | R
13 Investment Bets on Europe’s Rebounding Economy | BR

China
When Will China’s Economy Beat the U.S. to Become No. 1? Why It May Never Happen | B
An MMT Economist Explains Why China Should Boost Fiscal Spending | B

Japan
Japan’s May household spending growth slows from previous month | R

OPEC+
OPEC+ abandons oil policy meeting after Saudi-UAE clash | R
Biden administration pushes for ‘compromise solution’ in OPEC+ talks | R
Taliban Find New Revenues as They Seize Afghanistan’s U.S.-Built Border Gateway | W

Geopolitics & trade
European Business Leaders Want a Stronger Hand With China, Not Decoupling | W
The Tech Cold War’s ‘Most Complicated Machine’ That’s Out of China’s Reach | N

Industries & companies
Media: Streaming services compared: Revenue, ARPU for Netflix, Disney+, more | C
Tech: When Big Tech Stumbles, the Market Can Fall Hard. These 5 Funds Can Help. | BR

Corporate finance
Chinese Regulators Suggested Didi Delay Its U.S. IPO | W
Newport Wafer Fab acquired by Chinese-owned Nexperia | C

Cybersecurity
China opens cybersecurity probe into Full Truck Alliance, Boss Zhipin | C
Hundreds of Businesses, From Sweden to U.S., Affected by Cyberattack | N
Ransomware Hackers Demand $70 Million to Unlock Computers in Widespread Attack | W

Virus
Deaths, Hospitalizations Surge as Delta Variant Deals Blow to Poor Countries | W

Beyond markets
What if biohackers injected themselves with mRNA? | E