October 06 (Wednesday)

YRI
Dr. Ed’s latest video podcast dated October 3
Daily Markets Overview
See subscribers’ link below for today’s Morning Briefing

Markets
Stocks Close Higher After Monday’s Selloff; Oil Rally Builds | W

Energy & climate
Europe’s Power Crisis Moves North as Water Shortage Persists | B
Climate Change Is Melting Russia’s Permafrost—and Challenging Its Oil Economy | W
China power supply crunch: Relationship with Australia, GDP outlook | C
The age of fossil-fuel abundance is dead | The Economist

Global
IMF trims 2021 GDP forecast, citing ‘vaccine divide,’ inflation | R

Central banks
Sen. Elizabeth Warren Says Fed Suffers From ‘Culture of Corruption’ | W
Sen. Warren Ratchets Up Pressure on Fed’s Powell, Clouding His Renomination Odds | BR
Fed Chair Jay Powell Wins Support of Majority of GOP Senators on Banking Panel | B
Fed Chair Jerome Powell Faces Reappointment Amid Tumult | N
Derby’s Take: Fed Dove Games Out How Rate Increases Can Address Supply Shock Inflation | W

US
Biden: ‘Real possibility’ Democrats might change Senate rules for debt hike | R
Debt ceiling: Janet Yellen says U.S. faces recession if Congress doesn’t act | C
U.S. expected to raise debt limit, avoid default -Moody’s | R
Congress faces 3 major economic deadlines by year-end | C
U.S. risks losing its ‘edge’ without big infrastructure spending, Biden says | R
White House uses bogus study to justify damaging tax hikes | Washington Examiner
Delta’s Loss Is Service Economy’s Gain—Up to a Point | W

China
China Leaps Ahead in Effort to Rein In Algorithms | W
The End of a ‘Gilded Age’: China Is Bringing Business to Heel | N

Geopolitics & trade
U.S. Trade Deficit Widened to Record in August as Imports Rebound | W
USTR seeks public comment on tariff exclusions for 549 Chinese import categories | R
Blinken Meetings With French Officials Yield No ‘Concrete Actions’ to Strengthen Ties | W

Industries & companies
Communication services: Congress demands Mark Zuckerberg answer questions at Haugen hearing | C
Consumer: PepsiCo Juggles Strong Demand and Supply-Chain Challenges | W
Cruise Lines: Norwegian Cruise Line set to launch full fleet by April, CEO says | C
Energy: Battery giants face skills gap that could jam electric highway | R

Crypto
U.S. Won’t Ban Crypto Like China, Says SEC Chair Gensler | B

Virus
Science Closes In on Covid’s Origins | W
Johnson & Johnson Asks FDA to Authorize Covid-19 Booster | W
WHO says unvaccinated people are ‘dying unnecessarily’ from Covid | C