November 20 (Saturday)

YRI
Daily Markets Overview
See subscribers’ link below for today’s Morning Briefing.
Replay of Dr. Ed’s webinar on November 15.

Markets
COVID comeback threatens fresh setback for European market bulls | R
How to Beat Retirement’s Nemesis: Inflation | N
Oil prices fall 4% to six-week low on lockdown worries, but don’t expect much relief at the pump yet | C

Central banks
Two Democrats Oppose Powell for Fed Chair, Citing Climate Change | W
Two Fed Officials Weigh Prospect of Speeding Bond-Buying Taper Process | W
Top Fed Official Warns Against Coordinated Global Monetary Policy | W
Fed Programs Have Kept Finance Flowing to Fossil Fuels | W

US
The House passed Biden’s massive social safety net and climate bill. Here’s what happens next | W
The Surprise Winners From Biden’s $2 Trillion Spending Bill: Wall Street and Tobacco Companies | W
NYC Hospital Warns of Nurse Shortage, ‘Inflationary Spiral’ | B

Japan
Japan Plans $490 Billion Stimulus to Jolt Struggling Economy | W
Beware of Japan’s “New Capitalism” | PS

China
China’s Big Commodity Inflation Scare Is Easing — For Now | B

Geopolitics & trade
Secret Chinese Port Project in Persian Gulf Rattles U.S. Relations With U.A.E. | W

Industries & companies
Aerospace: Boeing Dreamliner Defects Bog Down Production | W
Autos: Ford and Rivian cancel plans to jointly develop an electric vehicle | C
Retail: The Great Shopping Reset: How the Pandemic Helped Fix the Retail Industry | W

Corporate finance
Bain, Hellman & Friedman Near Deal to Buy Athenahealth | W

Virus
Pfizer-BioNTech, Moderna Covid-19 Boosters for All Adults Backed by FDA, CDC | W
Covid cases rise yet again in U.S. ahead of Thanksgiving holiday | C
Austria infuriates many with full lockdown as Germany warns it may follow suit | R
Facing new COVID wave, Dutch delay care for cancer, heart patients | R

Beyond markets
Citadel CEO Ken Griffin pays $43.2 million for Constitution copy, outbidding crypto group | C