October 28 (Thursday)

YRI
Daily Markets Overview
See subscribers’ link below for today’s Morning Briefing.
Replay of Dr. Ed’s webinar on October 25.

Markets
Stocks Fall as Big Earnings Reports Roll In | W

Central banks
Don’t Politicize the Fed, Reappoint Chairman Jerome Powell | W

Climate & energy
China’s Ambitious Climate Goals Collide With Reality, Hampering Global Efforts | W
Climate change to displace tens of millions of East Africans by 2050 -World Bank | R
Chicago and Great Lakes hurt by climate change, need infrastructure | C
Climate Activists Blow Smoke on Wildfire Fears | W
That Dirty Green Energy | I&I
How Amazon decides which climate tech start-ups to invest in | C

US I
U.S. Orders for Big-Ticket Products Fell in September Amid Supply Constraints | W
GDP growth for third quarter won’t be pretty, but it should get better | C
Markets Face an Even Bigger Inflation Test Next Year, Janus Says | B
Immigrant workers could fix the US labor shortage and slow inflation | Vox
Employees are not showing up to work — employers are replacing them with robots | TheHill

US II
Democrats at odds over ‘billionaires tax’ to fund sweeping Biden agenda | R
Democrats Drop Paid Leave From $1.75 Trillion Proposal | W
Medicare and paid leave blocking a deal on Biden spending plan | C
Democrats’ tax plans face fight from major business groups | C
Letitia James will run for New York governor, sources say | C

Japan
Japan’s Retail Sales Beat Estimates as Shoppers Defy Virus Fears | B

Geopolitics & trade
Top U.S. general confirms ‘very concerning’ Chinese hypersonic weapons test | R

Industries & companies
Communication services: The Facebook Papers may be the biggest crisis in the company’s history | NN
Energy: Third Point Has Big Shell Stake, Urges Energy Giant to Break Up | W

Crypto
Why Crypto Really Might Need the Worldcoin Eye-Scanning Orb | B

Virus
California sets up 4,000 sites to administer 1.2 million Covid vaccines to kids in first week | C
Some immunocompromised people can receive a 4th Covid shot, CDC says | C
Antidepressant Significantly Reduces Covid-19 Hospitalization | W