October 12 (Tuesday)

YRI
Dr. Ed’s latest video podcast dated October 10
Daily Markets Overview
See subscribers’ link below for today’s Morning Briefing

Markets
Dow sheds 250 points, S&P 500 slides to start the week | C
Stocks week ahead: We may have reached peak earnings | NN

Energy
Oil Price Jumps Above $80 and Natural Gas Races Higher, Turbocharged by Supply Shortages | W
China’s Energy Crisis Deepens With Coal Soaring, Flooding in Mining Region | B

US
U.S. earnings seen strong, but supply chains and costs worry investors | R
Kudlow: Take a Second Look at the Jobs Report — Private Sector Jobs Are Booming | NY Sun
Millennials Team Up to Fulfill the Dream of Homeownership | W
Let’s Be Serious, There’s No Such Thing As A $1 Trillion Coin | FO

China
Xi Jinping Scrutinizes Chinese Financial Institutions’ Ties With Private Firms | W

Japan
Japan wholesale inflation spikes, squeezing corporate profits | R

Geopolitics & trade
Biden’s China Tariff Plan Fails to Provide Enough Relief, Businesses Say | W
IMF boss Georgieva risks losing her job over China bias claims | C

Industries & companies
Airlines: Southwest Airlines Cancels Hundreds of Flights After Weekend Disruption | W
Consumer: Amazon to let managers decide how often employees come into the office | C
Media: Netflix to Sell ‘Squid Game’ Goods, Other Products on Walmart Site | W
Tech: Why Apple appealed App Store ruling in Epic Games legal case | C

Virus
Merck Asks FDA to Authorize Promising Covid-19 Pill | W
Moderna has no plans to share its Covid vaccine recipe | C
U.S. moves closer to clearing Moderna and J&J Covid booster shots this week | C
Texas governor bars all COVID-19 vaccine mandates in state, rips Biden for ‘bullying’ | R
Hiltzik: Stop the COVID-19 lab-leak origin propaganda – Los Angeles Times | LA Times

Corporate finance
Emerson Plans to Merge Industrial-Software Businesses With AspenTech | W

Crypto
Bitcoin rises to the highest since May, is now up 30% in October | C