August 17 (Tuesday)

YRI
Dr. Ed’s latest video podcast
Daily Markets Overview
Today’s Morning Briefing
Economic ‘nirvana’ should usher in roaring ‘20s, Ed Yardeni predicts | C

Markets
S&P 500 doubles from its pandemic bottom, marking the fastest bull market rally since WWII | C
Stocks Recover as Dow Hits New Record | W
Tech, cyclical stocks pull Wall St lower as China data sours mood | R
Oil Prices Fall as Traders Fear Chinese Economic Slowdown | W

Central banks
Fed Officials Weigh Ending Asset Purchases by Mid-2022 | W
Fed’s Eric Rosengren backs tapering in the fall but no rate hikes until job market improves | C
Fed’s Rosengren: Another strong jobs report could support September taper announcement | R
Janet Yellen Gets a Chance to Shape the Fed, This Time From Outside | N

Fed research
Higher inflation target could trigger jobs boom, former Fed staffers say | R
Federal Reserve Bank of San Francisco | Labor Productivity in a Pandemic | FRB-SF

US
N.Y. Fed’s factory gauge softens on slower shipments, order growth | R
Companies Are Hoarding Record Cash Amid Delta Fears | W
Retail sales likely dipped in July as consumers held off on purchases | C
State Street, Firm Behind Wall Street’s ‘Fearless Girl’ Statue, Is Vacating New York City Offices | W

Geopolitics & trade
Afghanistan collapse: Biden defends decision to withdraw U.S. troops | C
A Taliban Leader Emerges: Hunted, Jailed and Now Free | W
Xi’s Dictatorship Threatens the Chinese State | W

Industries & companies
Airlines: Spirit Airlines says operational meltdown cost it about $50 million, cuts third-quarter schedule | C
Retail: Aldi Plans to Hire 20,000 U.S. Workers in Holiday-Season Ramp-Up | W

Corporate finance
Analysis-Back with a bang, share buybacks offer boost for Europe Inc | R

Virus
Israel’s Recent Surge Confirms We Need A Multimodal Strategy To Fight Covid-19 | FO
‘We are on fire’: Five U.S. states set new records for Covid cases as hospitalizations rise | C
Covid Vaccines Produced in Africa Are Being Exported to Europe | N

Beyond markets
Ron Paul: The Secret Ronald Reagan Told Me About Gold and Great Nations | NY Sun
Take a chance on second-chance hiring | Washington Examiner