November 13 (Saturday)

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

Markets
Dow rises more than 170 points and Nasdaq rallies, but snap 5-week win streak | C
Stocks Rise but Snap Weekly Winning Streak | W
Stocks Week In Review: Inflation Shocker Brushed Off | B

Climate
COP26 Talks Continue With Deal Still Elusive | W

Central banks
Bank of England to be first major bank to hike rates, probably in December – economists polled by Reuters | R
 
US
Record Quitting Fuels Tight Job Market | W
Workers quit jobs in record numbers as consumer sentiment hits 10-year low | C
Renters Who Abandoned Their City Apartments During Covid Are Coming Home to a Crazy Leasing Market | W

Europe
Euro zone industry output stronger than expected in Sept | R

Geopolitics & trade
U.S. Moves to Ease Tariffs on Imported Steel, Aluminum From Japan | W
U.S. Companies Aid China’s Bid for Chip Dominance Despite Security Concerns | W

Industries & companies
Autos: Tesla stock had its worst week in 20 months after Musk sold shares | C
Communication services: Facebook is spending billions to buy up the metaverse | Vox
Communication Services: Facebook Is Stifling Independent Report on Its Impact in India, Human Rights Groups Say | W
Materials: Materials sector breaks out to records — watch these two stocks | C
Real Estate: Will Real Estate Ever Be Normal Again? | N

Corporate finance
Johnson & Johnson to Split Consumer From Pharmaceutical, Medical-Device Businesses, Creating Two Companies | W
J&J plans to split into two companies, separating consumer products and pharmaceutical businesses | C