wiar 07-10-21

MFwebsite2020researchWhat I Am Reading

July 10 (Saturday)

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

Markets I
Wall Street posts record closing highs as financials lead rebound | R
Investors pile into longer-dated Treasury ETFs as bond yields fall | R
Index of U.S.-Listed Chinese Companies Falls to Lowest Point in Over a Year | W

Markets II
Earnings season begins in the week ahead with eye-popping growth set to validate market’s 2021 run | C
Rebalance your portfolio as economy enters expansion, HSBC says | C
BlackRock Tweaked Some Models. It Triggered A Wave of Buying and Selling. | W

Central banks
Fed Says Shortages, Hiring Difficulties Hold Back Brisk Growth | W
China Moves to Spur Lending as Inflation Fears Ease | W

US I
Biden signs order to tackle corporate abuses across U.S. economy | R
Biden’s executive order on antitrust aims to lower prices and raise wages | Vox
Biden’s Business Order Shows How He’s Using Executive Power to Shape Economy | W
President Biden Wants to Pour Money Into Infrastructure. Should You?  | N
Biden fires Social Security boss Andrew Saul, a Trump appointee | C

US II
Job Openings Are at Record Highs. Why Aren’t Unemployed Americans Filling Them? | W
Higher Inflation Depresses Equity Valuation | AIER

China
China Orders Stores to Remove More Apps Operated by Didi | W

Geopolitics & trade
G20 finance chiefs back global tax crackdown -draft | R
Finance Ministers Meet in Venice to Finalize Global Tax Agreement  | N

Industries & companies
Pharma: F.D.A. Seeks Investigation of Its Own Alzheimer’s Drug Approval  | N

Corporate finance
Stamps.com to Be Bought by Thoma Bravo in $6.6 Billion Cash Deal | W

Virus
Mississippi health officials plead with elderly to avoid mass indoor gatherings as delta Covid variant rips through state | C
CDC Urges Schools to Welcome Kids Back, Vaccinated or Not | W

Cybersecurity
Biden Warns Putin U.S. to Take ‘Any Necessary Action’ to Defend Against Ransomware | W
Ransomware: Biden presses Putin to disrupt cybercriminals in Russia | C

Beyond markets
Where space begins: Bezos’ Blue Origin vs. Branson’s Virgin Galactic | C