November 08 (Monday)

YRI
Daily Markets Overview
See subscribers’ link below for today’s Morning Briefing.
Replay of Dr. Ed’s webinar on November 1.
Only the Wealthy Have Prospered in America? That Isn’t True. | BR
This is going to be one of the best Christmas seasons ever: Ed Yardeni | C

Markets
Why the taper will be good for the stock market, according to history | C
Government-Bond Swings Burn Wall Street Investors | W

Central banks
Fed’s Powell and Brainard Met With Biden at White House | W

Climate & energy
COP26 Negotiators Turn to Plan B as Climate Pledges Fall Short | W
India’s toxic air is its most immediate environmental problem | E
How might climate change affect European gastronomy? | E

Supply-chains
Companies Grapple With Post-Pandemic Inventories Dilemma | W
Stockouts Are Piling Up. Retailers Push Substitutes to Avoid Empty Holiday Carts. | W
What’s Harder to Find Than Microchips? The Equipment That Makes Them | W
The Economic Rebound From Covid-19 Was Easy. Now Comes the Hard Part. | W

US I
The Jobs Report Is Good, but Labor Shortages Remain | BR
Americans Are Flush With Cash and Jobs. They Also Think the Economy Is Awful. | N
How the Struggle Between Labor and Capital Has Played Out Over the Past Century | BR
Starbucks Union Vote Sets Up a Watershed Moment for U.S. Labor | B

US II
The Democrats’ social-spending package cannot repair the American Dream | E
Biden Build Back Better bill passes procedural vote in House | C
How Zillow’s Home-Buying Blew Up—and Where iBuyers Go From Here | BR

Europe
Italy’s new prime minister has had a good first nine months | E

Japan
Explainer: Key challenges for Japan PM Kishida’s stimulus plan | R
Japan economic stimulus seen topping $265 bln, require new debt -Kyodo | R

China
Xi Jinping Is Rewriting China’s History | N
Xi Jinping is rewriting history to justify his rule for years to come | E
China seeks to join the nuclear big league | E

Industries & companies
Autos: Ford attracts younger and more female buyers with new $20,000 Maverick pickup | C
Biotech: Gene Therapy Is a Huge Opportunity. It Pays to be Patient. | BR
Media: Marvel’s ‘Eternals’ tallies a $71 million opening at domestic box office | C
Retail: Retailers hail lifting of travel ban, return of international tourists with hopes of sales rebound | C

Corporate finance
Elon Musk Twitter Followers Say He Should Sell a $21 Billion Tesla Stake | B
BHP to Sell Controlling Stake in Two Coal Mines for Up to $1.35 Billion | W
Weird Finance: How to Navigate Cryptos, NFTs, and Other Bubbly Stuff | BR

Virus
U.S. to lift international travel entry bans. Here’s are the new rules | C
Biden Covid vaccine rule: Federal court temporarily blocks mandate | C
Child Vaccine Demand Underscores Deep Divisions in U.S. | B