November 29 (Monday)

YRI
Daily Markets Overview
See subscribers’ link below for today’s Morning Briefing.
Replay of Dr. Ed’s webinar on November 22.

Markets
Elon Musk and the Dangers of Another Stock Bubble | The New Yorker

Central banks
Fed’s Bostic says he remains open to faster taper and one or two rate hikes in 2022 | R
Brainard’s Nomination Promotes a Close Powell Ally on Recent Fed Innovations | W
El-Erian Says Fed Should Recognize Inflation Isn’t Transitory | B

US
Supply Chain Shortages Help a North Carolina Furniture Town | N
Why Are Blue-Collar Americans Dying of Despair? | B
Companies See Omicron Variant as Latest Unknown in a Pandemic Full of Shocks | W
Omicron Looms Over Great Resignation, Lie Flat Worker Movements | B
Where the Money to Pay for Biden’s Budget Bill Will Come From | BR
Years of Delays, Billions in Overruns: The Dismal History of Big Infrastructure | N
Max Hastings: Texas or California Seceding? It’s Not That Far-Fetched | B

Europe
Eurozone Inflation Likely Hit Record High in November | W
Germany’s new government holds great promise | E

China
Chinese scientists strike early gold in race to nuclear fusion power | South China Morning Post

Geopolitics & trade
Taiwan Sees Biggest Flyby of Chinese Warplanes Since October | B

Industries & companies
Health Care: A Cure for Type 1 Diabetes? For One Man, It Seems to Have Worked. | N
Media: Thanksgiving box office tops $142 million, ‘Encanto’ earns top spot | C
Retail: Black Friday shopping in stores drops 28% from pre-pandemic levels | C
Retail: Shoppers are buying from resale retailers more than ever. Here’s why | C
Tech: IBM Is Finally Growing Again. The Stock Looks Cheap. | BR
Tech: How to Invest in Quantum Computing Today. 1 Stock to Buy. | BR

Virus
Omicron coronavirus variant spreads with cases detected in Netherlands, Denmark, Australia | C
Omicron Variant Is Reported in More Countries as Officials Grapple With How to Respond | W
How Europe should deal with covid-19 | E
China study warns of ‘colossal’ COVID outbreak if it opens up like U.S., France | R
Moderna says an omicron variant vaccine could be ready in early 2022 | C
Covid news: Pfizer-BioNTech, Moderna, J&J, AstraZeneca investigating omicron | C

Climate & Technology
Extremely strong magnitude-7.5 earthquake hits northern Peru | C
Nuclear Fusion Is Closing in on Viability | Time

Corporate finance
Adventure capitalism | E

Beyond markets
What’s the Point of NFTs? | reason.com