December 08 (Wednesday)

YRI
Daily Markets Overview
See subscribers’ link below for today’s Morning Briefing.
Replay of Dr. Ed’s webinar on December 6.

Markets
U.S. Stocks Close Higher, Oil Gains on Omicron Optimism | W
Junk-Bond Investors Fear Bumpy 2022 After November Slump | W

US I
To Fix the Problem of Bare Shelves, Fix American Ports | RCMs
Companies Plan Big Raises for Workers in 2022 | W
Amazon Emerges as the Wage-and-Benefits Setter for Low-Skilled Workers Across Industries | W
The Big Quit — and what Americans want from a job after COVID-19 | TheHill
Traffic in Cities Is Rising but Still Largely Below Pre-Pandemic Levels | W

US II
Biden bank regulator pick Saule Omarova withdraws after Senate fight over her background | C
Elon Musk speaks out against Biden social spending and climate bill | C

China
China Evergrande Heads Toward Default as It Misses Payment Deadline | W

Japan
Japan’s Q3 GDP revised down to 3.6% annualised contraction | R

Geopolitics & trade
Biden Warns Putin Invasion of Ukraine to Be Met With Economic Response and More | W
China Aims to ‘Revise the Global Rule Set,’ Top U.S. General Says | W

Industries & companies
Autos: Ford is doing ‘whatever it takes’ to double production capacity for electric F-150 pickup, says CEO | C
Communication Services: How TikTok Reads Your Mind | N
Tech: Amazon Web Services outage causes issues at Disney+, Netflix, Coinbase | C

Virus
Early Lab Test Shows Omicron Weakening Vaccine Effectiveness [But Helps Against Severe Disease] | W
Covid: Pfizer CEO says omicron appears milder but could lead to more mutations | C
The US needs a clear Covid-19 goal now more than ever | Vox
U.S. court temporarily halts Biden’s vaccine mandate for federal contractors nationwide | C