December 17 (Friday)

YRI
Daily Markets Overview
See subscribers’ link below for today’s Morning Briefing.
Replay of Dr. Ed’s webinar on December 13.

Markets
Stocks fall, Nasdaq drops nearly 2.5% as tech sector stumbles | C
Stocks, Led by Tech Shares, Fall Amid Decisions From Central Banks | W

Central banks
Europe’s Top Central Banks Take Divergent Tracks as They Confront Inflation | W
BOJ may scale back emergency funding as pandemic strains ease | Reuters
Dashing Fed’s Hopes, Low Unemployment Becomes an Inflation Threat | W
The Federal Reserve still has a lot of questions to answer about its long-term strategy | C
Jerome Powell, Fiscal Lobbyist | W

Global
Covid-19 Surge Slows U.S., European Recovery, but Supply Problems Ease | W

US
Build Back Better Senate vote likely delayed due to Joe Manchin’s opposition | Vox
Taking Joe Manchin Seriously | W
Top Biden Economist Cecilia Rouse: ‘I Really Do Believe’ Inflation Will Ease | B
Biden’s EV charging network plan will be slow going | Vox
White House Revs Up Trucker Recruitment Drive | W
Kamala Harris Says She and Biden Haven’t Discussed Running for Re-Election in 2024 | W

China
Podcast: Great Resignation in China Doesn’t Amuse President Xi Jinping | B

Industries & companies
Financials: How Banks Win When Interest Rates Rise | W
Financials: Climate Risks for Big Banks Could Hurt Financial System, OCC Says | W
Media: Fox News loses bid to dismiss Dominion’s $1.6 billion defamation lawsuit on election coverage | C
Tech: Apple Makes ‘Essentially Extortion’ Payment to China

Corporate finance
Oracle in Talks to Buy Cerner | W

Virus I
Covid surge is gripping New York City ahead of the holidays: ‘We’ve never seen this before’ | C
CDC recommends Pfizer, Moderna vaccines over J&J due to rare blood clot cases | C
MIT scientist tells British Parliament COVID likely began in lab
Biden Says Unvaccinated Face Winter of Severe Illness, Death | B

Virus II
Apple delays return to corporate offices indefinitely | C
‘I Was Wrong’: Omicron Wrecks CEOs’ Plans for Office Return | B
Here We Go Again: NYC Shows Canceled, Cases Rise, Offices Empty | B