December 22 (Wednesday)

YRI
Daily Markets Overview
See subscribers’ link below for today’s Morning Briefing.
In praise of profits – Ed Yardeni’s stirring defense of capitalism
 
Markets
U.S. Stocks Finish Sharply Higher, Ending Losing Streak | W

Global
Booming U.S. Economy Ripples World-Wide | W

US I
How the 2020s Economy Could Resemble the 1980s | N
Surging Inflation Has Workers Demanding Bigger Raises. Could It Lead to a Wage-Price Spiral? | W
Rising Prices Are a Consequence of Bad Politics | W
Biden Still Hopes to Strike ‘Build Back Better’ Deal With Manchin | W
Behind Manchin’s Opposition, a Long History of Fighting Climate Measures | N
Republicans, ideology, and demise of the state and local tax deduction | TheHill

US II
Covid-19 Pandemic Drives U.S. Population Growth to Record Low | W
American Workers Are Burned Out, and Bosses Are Struggling to Respond | W
Architects Are the Latest White-Collar Workers Drawn to Unions | N

Geopolitics & trade
Putin says Russia has ‘nowhere to retreat’ over Ukraine | R

Industries & companies
Airlines: Why the mask mandate on planes is good for business | NN
Airlines: Delta asks CDC to cut quarantine guidelines for breakthrough Covid, citing workforce impact | C
Energy: Battery Storage Soars on U.S. Electric Grid | W

Virus
Biden calls on Americans to vaccinate to fight Omicron as Europe braces for ‘storm’ | R
Covid: Biden says vaccinated can safely celebrate holidays as omicron spreads | C
CDC Dir. Walensky: “being vaccinated with two doses may not be enough” | C
Americans are tired of Covid, official response to omicron creates confusion | C
Biden Administration to Combat Omicron By Distributing 500 Million At-Home Covid-19 Test Kits | W
Omicron Is Turning Europe’s Busy Season Silent | N
Biden Is Considering Lifting Travel Ban on Southern African Countries | W