October 30 (Saturday)

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

Markets
Markets could be challenged in the week ahead as the Fed prepares to reverse easy policy | C
Stocks Power Through Negative Signs From Apple, Amazon | W
Stocks close at record highs, market notches best month of the year despite Big Tech earnings misses | C
Opinion: Slower S&P 500 earnings growth is not bullish — no matter what some stock market ‘experts’ are saying | MW

Central banks
New data show Fed’s inflation debate still unresolved | R

Climate & energy
Exxon, Chevron Amass Cash as Oil Tops $80 a Barrel | W
The Climate Summit to Nowhere | W
China Gives Itself Wiggle Room on Climate Change Ahead of COP26 | W

US
Labor shortage, supply constraints and inflation hold back economy trying to emerge from pandemic | C
Biden to discuss intensifying supply chain challenges with G20 leaders | C
U.S. Prices, Wages Rise at Fastest Pace in Decades | W
U.S. consumer spending strong; robust wage gains hint at long spell of high inflation | R
U.S. labor costs power ahead in third quarter as wages surge | R
U.S. House plan would give electric vehicles big boost | R

Europe
Eurozone Economy Outpaces U.S., China, but Tougher Times Lie Ahead | W

Industries & companies
Consumer discretionary: Amazon reveals 20% stake in electric-vehicle maker Rivian | C
Tech: Apple chip shortage will end, but U.S.-China supply chain ‘train wreck’ is coming | C
Tech: MacBook Pro 2021 Review: Nearly Perfect Back-to-the-Future Laptops | W

Virus
FDA authorizes Pfizer’s Covid vaccine for kids ages 5 to 11, shots could begin early next week with CDC clearance | C
If Covid-19 Came From Wuhan Lab, It Wasn’t Engineered, U.S. Spy Agencies Say | W