November 03 (Wednesday)

YRI
Daily Markets Overview
See subscribers’ link below for today’s Morning Briefing.
Replay of Dr. Ed’s webinar on November 1.

Markets
Dow Closes Above 36000 for First Time | W

Climate & energy
Bond Investors Challenge Wall Street Greenwashing | W
China Binges on U.S. Gas to Manage Energy Shortage, Carbon Footprint | W
Biden Says Xi, Putin Cede Climate Influence by Missing Glasgow Summit | W
Tariffs to Tackle Climate Change Gain Momentum. The Idea Could Reshape Industries. | W
Financial System Makes Big Promises on Climate Change at COP26 Summit | W

Central banks
Federal Reserve is about to set its post-crisis policy course | C
Jerome Powell’s Dashboard Casts Doubt on Inflation Easing Quickly | W
Biden says he will announce Fed chair pick ‘fairly quickly’ with Powell term up in February | C

US I
U.S. rental vacancy rate tightens in third quarter | R
Labor shortages in restaurants and hotels bring higher pay — but quitting continues | Vox
Mondelez to raise prices by 7% in 2022 | C
Zillow (Z) says it’s closing home-buying business, reports Q3 results | C

US II
Build Back Better bill shows new progress in U.S. House; sticking points remain | R
Joe Manchin’s former aides lobby Congress for oil, gas, pharma giants | C
Biden’s ‘help’ for child care would make middle class pay $13K more | P

China
China’s Troubled Developers Struggle to Sell Billions in Assets | B

Industries & companies
Pharma: Democrats reach a major deal on drug prices, spending bill nearly done | C
Retail: Bed Bath & Beyond shares soar more than 80% in after-hours trading | C

Virus
CDC gives final OK for immediate distribution of Pfizer Covid vaccine for kids ages 5 to 11 | C