October 02 (Saturday)

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

Markets
Dow climbs 480 points, Nasdaq snaps five-day losing streak as stocks rebound to start October | C
Stocks are at a 70-year high as a share of household financial wealth | C
Lumber Prices Stage a Late Season Rally | W

Global
Factories struggling as supply constraints hit, costs rise | R

Central banks
Fed’s Harker says economy close to achieving inflation goal for rate hikes | R
Bitcoin Price Jumps After Powell Says U.S. Has No Plans to Ban Crypto | W

US I
Key inflation gauge watched by the Federal Reserve hits another 30-year high | C
U.S. consumer spending increases; inflation eroding households’ buying power | R
U.S. manufacturing expands further in September; shortages, prices rising-ISM | R

US II
House infrastructure vote: Democrats try to reach budget spending deal | C
Debt ceiling debate prompts questions about Social Security checks | C
CEOs are at their wits’ end: Don’t know how to get employees back in | C

China
China’s Power Shortfalls Begin to Ripple Around the World | W
Why China’s power crunch is such a big deal | C
China’s power crunch pushes foreign businesses to invest in factories elsewhere | C
 
Geopolitics & trade
U.S. Poised to Unveil China Trade Policy | W

Industries & companies
Airlines: JetBlue, Alaska Airlines: Employees need Covid vaccinations under federal rules | C
Autos: Toyota Outsells GM in the U.S. for Second Quarter in a Row | W
Communication services: Google abandons plans to offer Plex bank accounts to users | C
Retail: Bed Bath & Beyond’s plunge bodes poorly for other retailers: Traders | C
Shipping: DHL Raising Rates for U.S. Shippers by 5.9% | W

Virus
Merck oral Covid treatment reduces risk of hospitalization, death by half for some patients | C
California to require Covid vaccination for K-12 schoolchildren after full FDA approval | C
Supreme Court Allows New York School Vaccine Mandate to Move Ahead | W

Crypto
Biden Administration Seeks to Regulate Stablecoin Issuers as Banks | W

Corporate finance
Hotel Chain Oyo Files for $1.1 Billion IPO in India | W

Beyond markets
Climate Change Is the New Dot-Com Bubble | WIRED
Deaths Raise Safety Concerns Around Gene Therapy | W