December 28 (Tuesday)

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

Markets
S&P 500 set to end at record high on retail sales cheer | R
Tech Shares Finish Higher in Broad Stock Rally | W
Water As an Asset Class Is Here by Willem H. Buiter | Project Syndicate
Bubblicious used car prices rising faster than bitcoin, Jim Bianco warns | C

Global
Omicron Variant Is Expected to Dent Global Economy in Early 2022 | W

US
U.S. holiday retail sales rise 8.5% as online shopping booms -Mastercard | R
These Food Items Are Getting More Costly in 2022 | W
Another ‘Great Resignation’ wave is coming, Muse CEO says. How to prepare | C

China
China Evergrande Says Construction Has Resumed at Vast Majority of Its Projects | W

Japan
Japan’s Nov factory output soars on jump in car production | R

Emerging
These Numbers Show How India’s Economy Grew Steadily — Before Omicron Hit | B
Why investors remain bullish on India’s start-up outlook for 2022 | C

Geopolitics & trade
Germany’s Vast Foreign Surpluses Are Finally Falling, Fulfilling an Old U.S. Demand | W

Industries & companies
Airlines: American Airlines, Saddled With Debt and Growing Pains, Turns to New CEO | W
Retail: Walmart Sparks Public Outcry in China Over Products From Xinjiang | W
Tech: Thanks to the Chip Shortage, Texas Instruments Is Worth $170 Billion | W
Tech: Apple closes stores to customers in New York City due to Covid surge | C

Corporate finance
The $900 Billion Cash Pile Inflating Startup Valuations | W

Virus
CDC recommends shorter Covid isolation, quarantine for all | C
Biden says Covid surge needs to be solved at state level, vows full federal support | C
Biden Tells Hutchinson, Governors He’ll Support State Testing Plans Amid Omicron | B
Omicron hits airline crews and sparks hundreds of holiday flight cancellations | C
Fauci says U.S. should consider vaccine mandate for domestic air travel | C