wiar 10-01-21

MFwebsite2020researchWhat I Am Reading

October 01 (Friday)

YRI
Dr. Ed’s latest video podcast dated September 26
Daily Markets Overview
See subscribers’ link below for today’s Morning Briefing

Markets
Stocks End September With Losses but S&P 500 Ekes Out Quarterly Gain | W

Central banks
Powell Says Fed Faces ‘Difficult Trade-Off’ if Inflation Doesn’t Moderate | W
Fed’s Powell pledges diversity focus in filling reserve bank openings | R
 
US I
Government shutdown: Biden signs funding bill | C
Test of Biden’s agenda looms after he signs bill to avert government shutdown | R
U.S. default would cause ‘irreparable’ harm, Yellen warns again | R
Pelosi Says House Heading Toward Infrastructure Bill Vote Thursday | W
 
US II
California muddies U.S. weekly jobless claims; labor market recovering | R
Why Democrats Should Abolish the Filibuster | The Atlantic
To Build Back Better, Tax Ultra-Wealthy Families Like Ours | Time

China
China new-home price growth at slowest in 18 months -private survey | R
 
Geopolitics & trade
U.S. and Chinese Regulators Are in a Bind Over a Three-Letter Acronym | W

Industries & companies
Autos: U.S. auto sales forecast to plummet in third quarter as chip shortage plagues industry | C
Autos: Lordstown Motors to Sell Former GM Factory in Ohio to Foxconn | W
Communication services: Senators say Facebook used Big Tobacco playbook to exploit kids | C
Financials: Morgan Stanley and Interactive Brokers Face Federal Scrutiny in Venezuela Probe | W
Retail: Bed Bath & Beyond (BBBY) shares tank on supply chain issues | C

Crypto
Bitcoin Stalls as U.S., China Go After Cryptocurrencies | W
 
Corporate finance
Zoom and Five9 abandon $14.7 billion acquisition | C
Merck to Buy Acceleron Pharma for $11.5 Billion | W

Virus
Pfizer Covid booster recipients ‘want a normal Thanksgiving’ after getting third shots | C

Beyond markets
How The Coronavirus Pandemic Made The CFA Test Tougher | N
Jeff Bezos’ Blue Origin: Essay claims ‘toxic’ workplace | C