wiar 08-26-21

MFwebsite2020researchWhat I Am Reading

August 26 (Thursday)

YRI
Dr. Ed’s latest video podcast dated August 21
Daily Markets Overview
See subscribers’ link below for today’s Morning Briefing.

Markets
Stocks extend their rally with S&P 500 and Nasdaq hitting fifth straight day of gains | C
S&P 500, Nasdaq notch all-time closing highs ahead of Jackson Hole | R

Central banks
ECB Will Act If Fed Taper Creates Spillovers, Lane Tells Reuters | B

US
U.S. business equipment spending strong even as new orders flat in July | R
U.S. mortgage applications rise as mortgage rates edge down -MBA | R
Only a Fraction of Covid-19 Rental Assistance Has Been Distributed | W

Industries & companies
Financials: Banks Are Bingeing on Bonds, but Not Because They Want To | N
Retail: Ulta shares rise after beauty retailer posts 60% gain in revenue as makeup sales recover | C

Geopolitics & trade
U.S. still working to contact most of the estimated 1,500 American citizens left in Afghanistan | C

Virus
U.S. Covid-19 Hospitalizations Nearly Doubled in August as Some States Ask for Resources | W
Pediatric Covid hospitalizations surge to highest on record in U.S. as doctors brace for more | C
Biden Administration Likely to Approve Covid-19 Boosters at Six Months | W
Get Shots or Get Out | B
Delta Air Lines to Impose $200 Monthly Charge on Unvaccinated Employees, Add Testing Requirements | W

Cybersecurity
Biden Says Cybersecurity Is the ‘Core National Security Challenge’ at CEO Summit | W
Google, Microsoft plan to spend billions on cybersecurity after meeting with Biden | C