December 20 (Monday)

YRI
Daily Markets Overview
See subscribers’ link below for today’s Morning Briefing.

Markets
U.S. Stocks Close Lower Amid Interest-Rate Worries | W
Sky-High Lumber Prices Are Back | W

Global
Supply-Chain Mess Threatens Holiday Sales, From Hot Sauce to Board Games | W
Supply-Chain Crisis Isn’t Going Away | NR

Central banks
Central Banks Worry Omicron Could Sustain Inflation | W
Fed policymakers make case for rate hikes after end of bond-buying taper | R
China’s central bank cuts a benchmark rate for the first time since the pandemic | C

US
Vast Household Wealth Could Be a Factor Behind U.S. Labor Shortage | W
The Path Ahead for Biden: Overcome Manchin’s Inflation Fears | N
Sen. Joe Manchin says he won’t vote for Biden’s Build Back Better Act, potentially killing the social and climate bill | C
Covid-19’s Omicron Variant Starts to Take Toll on Businesses | W

China
In China, Job Cuts Mount in Sectors Hit by Tighter Regulations | W

Virus
Biden to deliver Tuesday speech on omicron variant as Covid cases rise |C
Omicron cases doubling in 1.5 to 3 days in areas with local spread, WHO says | C
U.S. to push for vaccines and boosters to stem ‘raging’ omicron variant, Fauci says | C
Omicron Prompts New Covid-19 Restrictions | W
Sens. Elizabeth Warren and Cory Booker test positive for Covid | C
China’s Sinovac Vaccine Won’t Fully Protect Against Omicron | B