wiar 11-09-21

MFwebsite2020researchWhat I Am Reading

November 09 (Tuesday)

YRI
Daily Markets Overview
See subscribers’ link below for today’s Morning Briefing.
Replay of Dr. Ed’s webinar on November 8.

Markets
Investors are piling into infrastructure stocks after House passes Biden plan | C
Chinese Junk Bond Yields Top 25% as Property-Market Strains Intensify | W
 
Central banks
Fed officials turn focus to rate debate, eye on jobs, inflation | R
Analysis: Flatlining participation, rising wages leave Fed employment puzzle unresolved | R
Fed Says U.S. Public Health Among Biggest Near-Term Risks to Financial System | W
Randal Quarles to resign at year-end, paving way for Biden to further remake the Federal Reserve | C

US
U.S. consumers’ income and spending expectations reach 8-year high | R
Americans Are Flush With Cash and Jobs. They Also Think the Economy Is Awful. | N
Six questions that could shape the future of the U.S. labor market | R
Infrastructure Projects to Boost Sales and Prices, Industry Executives Say | W
Some Companies Sit Out the Fight Over Democrats’ Tax Increases | W

Europe
Germany’s Economy, Once Europe’s Engine, Is Holding It Back | W

China
China property market may see more pain, though Evergrande crisis may ease | C
How Xi Jinping Will Mousetrap the Red Chinese Central Committee | nysun.com

Industries & companies
Autos: Tesla Stock Price Slides After Musk Promises on Twitter to Sell $21 Billion Stake | W

Corporate finance
SoftBank Suffers $54 Billion Bruise From China’s Tech Crackdown | W

Virus
U.S. Opens Borders to Vaccinated Europeans, Others, After More Than 18 Months | W
Biden vaccine mandate: White House tells business to go ahead despite court pause | C
Regeneron’s Antibody Drug Cut Risk of Covid-19 by 82%, Company Says | W
U.S. judge rules that United’s employee vaccine mandate can continue | C

Crypto
Bitcoin in New York: Eric Adams says crypto should be taught in school | C