December 10 (Friday)

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

Markets
Elon Musk, Other Leaders Sell Stock at Historic Levels as Market Soars, Tax Changes Loom | W
Analysis: Xi’s next term needs a new China portfolio, investors say | R
 
Global
IMF chief economist sees inflationary pressures, risks from Omicron | R
How Supply Chain Disruptions Are Affecting the Medical Device Industry | N

US
U.S. Jobless Claims Fall to Lowest Level in 52 Years | W
Investors brace for the highest inflation reading in nearly 40 years | C
U.S. household wealth increase in Q3 smallest of pandemic era, Fed says | R

US II
U.S. Senate passes, sends Biden bill paving way for debt limit hike | R
Dems’ $1.9T spending bill likely most expensive bill of past 50 years | P
Covid relief money: US has used most, but billions haven’t been spent | C

Europe
Uber Workers Would Be Classed as Employees Under EU Proposal | W

Japan
Japan’s wholesale inflation hits record high as price pressure broadens | R

China
China’s Latest Challenge Is Engineering a Soft Landing for a Sputtering Economy | W
China Evergrande Has Defaulted on Its Debt, Fitch Says | N

Geopolitics & trade
China’s Treatment of Uyghurs Amounts to Genocide, U.K.-Based Panel Finds | W
U.A.E. Shut Down China Facility Under U.S. Pressure, Emirates Says | W
 
Industries & companies
Financials: Bank stocks still have room to grow, portfolio manager says | C

Virus
Explainer: Omicron vs COVID-19 vaccines: What more do we need to know? | R
Bill Gates: How Covid pandemic ends and becomes endemic with omicron | C
FDA expands Pfizer Covid booster eligibility to 16- and 17-year-olds | C

Corporate finance
Amazon Fined $1.3 Billion in Italian Antitrust Case | W