August 24 (Tuesday)
YRI
Dr. Ed’s latest video podcast dated August 21
Daily Markets Overview
See subscribers’ link below for today’s Morning Briefing.
Markets
U.S. Stocks Boosted by FDA’s Covid-19 Vaccine Approval | W
Infrastructure, budget reconciliation bills: Wall Street urges investors to prepare | C
Junk Munis Head for First Drop in Six Months on Slowing Demand | B
China’s Biggest Fears Are Giving Dollar All the Support It Needs | B
Central banks
Fed’s Jackson Hole shift shows Delta variant’s ability to skew plans | R
Jerome Powell’s Jackson Hole Gamble Runs the Risk of Backfiring | B
Fed Chairman Powell Navigates the Inflation Debate | W
Brace yourself — inflation’s coming back stronger than ever | The Hill
Biden and the Fed Wanted a Hot Economy. There’s Risk of Getting Burned. | N
Fed’s Ability to Set a Floor on Rates Weakening Amid Cash Deluge | B
Global
IMF’s $650 billion reserves distribution is ‘shot in arm’ for global economy | R
What an Adult Tricycle Says About the World’s Supply-Chain Problems | N
US I
Delta variant, supply woes crimp business activity in August -IHS Markit survey | R
U.S. existing home sales climb for second straight month in July | R
Democrats Near Showdown on Infrastructure Bill, Broader Spending Package | W
US II
Studies show modest job gains from U.S. states’ benefit cuts | R
‘The Great Resignation’: Employees have more choice than ever | C
An Uncomfortable Proposition for Gig Economy Investors | W
Meet the typical 40-year-old millennial | MSN
Geopolitics & trade
Firefight Erupts at Kabul Airport, While Taliban Affirm Pullout Deadline | W
SEC gives Chinese companies new requirements for U.S. IPO disclosures | C
Apple and Google’s Fight in Seoul Tests Biden in Washington | N
Industries & companies
Consumer discretionary: Amazon helped crush department stores. Now it reportedly wants to be one | NN
Communication services: Google updates site that explains how search works | C
Retail: Target to Add More Disney Shops to Stores | W
Tech: Intel Lands Pentagon Deal to Support Domestic Chip Making | W
Tech: Microsoft stock hits new record after Office price hike announcement | C
Tech: The World’s Hottest Smartphone Brand Is Chinese—and It Isn’t Huawei | W
Virus
Covid: Dr. Scott Gottlieb says delta Covid surge in South has peaked | C
Pfizer Vaccine Approved by FDA; Biden Says Companies Should Mandate Covid Shots | B
New York City Mandates Covid-19 Vaccines for All Teachers, Staff | W
Chevron Begins Vaccination Mandates as Covid-19 Roils Oil Fields | W
Many School Districts Keep Covid-19 Closure Thresholds Flexible | W
Workers Can’t Wait to Return, but Delta Variant Upends Plans | N
Corporate finance
Boeing Plans Investment in Virgin Orbit’s $3.2 Billion SPAC Listing | W
Beyond markets
The tough calculus of emissions and the future of EVs | TechCrunch
Elon Musk Is Now The Second Richest Person In The World | FO
