August 02 (Monday)

YRI
Daily Markets Overview
Today’s Morning Briefing

Markets
Inflation Is Hot Now, but Investors Are Betting That Won’t Last | W

Central banks
Fed’s Brainard Says Labor Market Hasn’t Satisfied Goals for Reducing Bond Purchases | W
Fed’s Brainard: Can’t wrap head around not having U.S. central bank digital currency | R
Minneapolis Fed president says Delta variant could slow labor market recovery | R

US I
House Adjourns Without Extending Covid-19 Eviction Moratorium | W
Anger mounts as Biden, Congress allow eviction ban to expire | C
Eviction Ban’s Expiration Leaves Renters in South Appearing Most Vulnerable | W
The U.S. Labor Shortage Is Worse Than It Looks, and Help Is Not on the Way | BR
An unemployment cliff is coming. More than 7.5 million may fall off | C
A Care Crisis Is Holding Back America’s Workforce: Secretary of Commerce | BR

US II
Senator Manchin says the infrastructure bill text is going to be done today | C
Infrastructure Spending Is on Its Way. Here’s a Cheap Way to Play It. | BR
Joe Biden’s bipartisan dream lives on, for now | E

Emerging
China’s factory activity expands at a slower pace in July- official PMI | R
Unrest and economic underperformance haunt the emerging world | E

Geopolitics & trade
China is rapidly building new nuclear-missile silos | E
Philippine President Duterte has shown how not to handle China | E
China securities watchdog seeks closer cooperation with U.S. | R
The pandemic has exacerbated existing political discontent | E
Kim Jong Un’s sister warns South Korea-U.S. drills will rekindle tensions | C

Industries & companies
Energy: Two U.S. Companies Seek Continued Tariffs on Imported Solar Panels | W
Energy: Behind the Rise of U.S. Solar Power, a Mountain of Chinese Coal | W
Financials: American Express Stock Could Soar Higher as Travel Rebounds | BR
Media: Disney, WarnerMedia, NBCU wrestle to balance value of cable and streaming | C
Media: ‘Jungle Cruise’ has $34.2 million debut, adds $30 million from Disney+ | C
Tech: Why Apple shareholders after earnings selloff shouldn’t be too worried | C

Virus
Who’s against the jab | E
Fauci expects no new U.S. lockdowns despite surging delta cases | C

Corporate finance
Tech Startup Financing Hits Records as Giant Funds Dwarf Venture Capitalists | W

Beyond markets
Remarkable progress has been made in understanding the folding of proteins | E