wiar 09-21-21

MFwebsite2020researchWhat I Am Reading

September 21 (Tuesday)

YRI
Dr. Ed’s latest video podcast dated September 19
Daily Markets Overview
See subscribers’ link below for today’s Morning Briefing
China developer Evergrande’s debt crunch and U.S. markets: Ed Yardeni | C

Markets
Stock market today: S&P 500 falls 1.7% for its worst day since May, Dow sheds 600 points | C
The stock market is afraid again. Here’s what that means for your investments | NN
Washington gridlock and a debt-ceiling showdown are weighing on the market | C
House Democrats’ plan would forbid private equity, hedge funds in IRAs | C
Oil Companies to Be Sidelined at U.N.’s Climate Conference | W
Norway promises Europe more gas as prices soar | R

US
House to Vote on Spending Measure That Includes Debt-Limit Suspension | W
Raise the debt limit while starting to fix the budget   | TheHill
Another weak U.S. jobs report may be ahead, JPM data suggests | R
No, the Richest One Percent Don’t Pay 40 Percent of Taxes. | NY Mag
The Millennials Not Having Babies Because of Climate Change | The Atlantic

China
Evergrande Gave Workers a Choice: Lend Us Cash or Lose Your Bonus | N
Xi Jinping Aims to Rein In Chinese Capitalism, Hew to Mao’s Socialist Vision | W

Geopolitics & trade
Biden Administration to Raise Refugee Admissions Cap to 125,000 | W

Industries & companies
Autos: GM to begin fixing recalled Chevy Bolt EVs next month due to fire risk | C
Communication services: Facebook’s monstrous empire | The Week
Energy: Rising Energy Stocks Defy Market’s September Slide | W
Financials: Green Bulls See Path to Growth for Europe’s Downtrodden Bank Stocks | W
Real estate: Real-Estate Agents Gear Up for Fight to Save Their Commissions | W
Retail: CVS Makes Hiring Push Amid Worker Shortage, Increased Covid-19 Vaccine Demand | W

Corporate finance
Europe’s OVHcloud Plans IPO at Potential $4.7 Billion Valuation | W
Why Taxing Stock Buybacks Is the Wrong Fix for Executive Pay | N

Virus
Covid is America’s deadliest pandemic as U.S. fatalities near 1918 flu estimates | C
U.S. to ease travel restrictions for foreign visitors who are vaccinated against Covid | C
Pfizer Covid vaccine safely generates robust immune response in kids, Pfizer says | C
Six Rules That Will Define Our Second Pandemic Winter | The Atlantic

Climate
Climate change largest global problem ‘since World War II’: PwC chair | C