October 26 (Tuesday)
YRI
Daily Markets Overview
See subscribers’ link below for today’s Morning Briefing.
Replay of Dr. Ed’s webinar on October 25.
Markets
S&P 500, Dow Rise to Fresh Record Highs | W
Dow, S&P 500 close at records ahead of Big Tech earnings, Tesla jumps 12% to top $1 trillion | C
Central banks & inflation
Fed to hold conferences in November focused on diversity and inclusion | R
Larry Summers Debates Inflation Risks With Janet Yellen on Twitter | B
Greenspan Sees Sustained Inflation Well Above the Fed’s 2% Goal | B
Climate & energy
Greenhouse gas levels hit record; world struggles to curb damage | R
Prepare for Propane Sticker Shock | W
Opinion | Leaf Blowers Destroy the Environment | N
Blackrock CEO Larry Fink: Next 1,000 unicorns will be in climate tech | C
BlackRock’s Wish Is Your Command | W
California Drenched as ‘Bomb Cyclone,’ ‘Atmospheric River’ Hit West Coast | W
Supply & labor shortages
Shipping problems at U.S. ports could linger well into 2022 | C
Supply Chain Shortages: Your Questions Answered | N
Exxon CEO Dangles Pay Hikes to Combat Brain Drain at Oil Giant | B
Shoppers Find Discounts Are in Short Supply This Holiday Season | W
US
Democrats trim Biden’s Build Back Better bill in a race to make deal | C
‘Build Back Better’ Would Sink the Labor Market | W
U.S. business borrowing for equipment rises 6% in September – ELFA | R
How 4 Weeks of U.S. Paid Leave Would Compare With the Rest of the World | N
Europe
UniCredit and Monte Paschi Bank News: Talks Collapse | B
China
Why China’s Developers Have So Much Dollar Debt: QuickTake | B
China Evergrande Says Work on Some Residential Projects Has Resumed | W
Geopolitics & trade
Does Taiwan’s Military Stand a Chance Against China? Few Think So. | W
Industries & companies
Autos: Tesla shares up on news Hertz will purchase 100,000 electric vehicles | C
Communication services: House Republicans demand internal research from Snap, TikTok, YouTube | C
Communication services: Facebook Posts Slower Sales Growth With Apple Privacy Policy | W
Media: Netflix (NFLX) Rating Raised Two Notches to Investment Grade by S&P | B
Cybersecurity
Ex-NSA hacker says a supply chain cyberattack is one of the things that keeps him up at night | C
Corporate finance
HSBC Says It Will Buy Back $2 Billion in Stock as Profit Jumps | W
Virus
U.S. to require contact tracing, vaccination proof when international travel curbs lift | C
Moderna Data Shows Covid-19 Vaccine Produced Strong Immune Response in 6- to 11-Year-Olds | W
New York City Inches Toward Covid-19 Becoming Endemic | W
Opinion | ‘There’s Almost No Incentive at All to Give Him the Vaccine.’ | N
