wiar 09-22-21

MFwebsite2020researchWhat I Am Reading

September 22 (Wednesday)

YRI
Dr. Ed’s latest video podcast dated September 19
Daily Markets Overview
See subscribers’ link below for today’s Morning Briefing

Markets
U.S. Stocks Edge Higher After Global Market Selloff | W
U.S. market better able to aborb potential market shock compared with 2008: SEC chair | R
For American investors, Chinese stocks are becoming the asset not to own | livemint.com
Commodity markets set for high volatility, says Louis Dreyfus | R

Central banks
The Fed likely will wait until November for taper announcement, CNBC survey indicates | C
Powell’s Taper Tightrope Could Be Complicated by Fed ‘Dots’ | W
With the focus on a taper, five questions for the Fed | R
Opinion | Does the U.S. Economy Still Need [Monetary Policy] “Booster Shots”? | N
Fed Faces Calls to Remove Officials Over Trades They Made While Setting Policy | W
 
US I
Debt-Limit Suspension Set to Pass House, Face Standoff in Senate | W
U.S. debt limit is not a partisan issue, White House says | R
Eviction moratorium: Cori Bush, Elizabeth Warren want to reinstate ban | C
Billions Spent on Roads and Transit Projects Are Often Based on Optimistic Forecasts | W
Companies are hiring but it’s still hard to find a job during the Covid-19 pandemic | Vox

US II
How families with up to $50,000 in income used child tax credit checks | C
Why Hiring for Child Care Is a Huge Struggle | N
The Covid-19 Pandemic Put Many Pregnancy Plans on Hold. Some Women Aren’t Waiting Anymore. | W
Google to Buy New York City Office Building for $2.1 Billion | W
Opinion | The Economic Mistake Democrats Are Finally Confronting | N

China
As Evergrande totters, cracks in stressed Chinese developers widen as rating outlook dims and borrowing costs jump | SCMP
Evergrande Is China’s Economy in a Nutshell | W
China’s Evergrande Crisis Is Just The Tip Of The Iceberg | Seeking Alpha
Developer China Evergrande’s ‘Darkest Moment’ Will Pass, Boss Tells Staff | W
China’s Regulatory Storm Risks Triggering Wider Economic Damage | W
Cheng Wei: This risk taker pushed Uber out of China. Now he might be too big for Beijing | NN

Geopolitics & trade
Taliban expand economic team as Afghan crisis deepens | R

Industries & companies
Airlines: Justice Department Preparing to Challenge American-JetBlue Alliance | W
Tech: Apple Is Working on iPhone Features to Help Detect Depression, Cognitive Decline | W

Corporate finance
DraftKings makes $20 billion offer for UK sports betting company Entain, sources say | C
Zoom’s Nearly $15 Billion Deal for Five9 Under U.S. Government Review Over China Ties | W
U.S. Bancorp to Buy MUFG Union Bank for About $8 Billion | W

Crypto
SEC’s Gensler Doesn’t See Cryptocurrencies Lasting Long | W

Virus
Coronavirus outbreak in Fujian poses fresh threat to China’s troubled travel market | SCMP
FDA commissioner on Covid vaccine approval timeline for kids 5 to 11 | C
J&J Says Covid-19 Vaccine Booster Two Months After First Shot Increases Protection | W
U.S. Pledge to Vaccinate Poor Countries Stumbles Amid Logistical Challenges | W
CDC: Delta variant infects highly vaccinated prison population, but few hospitalized | C
Opinion | I Ran the CDC. Here’s How to Prove That Americans Are Vaccinated. | N

Climate
Biden Urges Global Cooperation on Covid-19, Climate Change | W

Beyond markets
No, Niall Ferguson, Travel and Trade Improved Health | Brownstone Institute