December 29 (Wednesday)

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

Markets
S&P 500 ends lower after four-day rally to record high | R
Stock Pickers Are Struggling to Beat the Market | W

Central banks
Biden Eyes Raskin as Top Fed Banking Regulator | W

US
U.S. home prices surge 18.4% in October | C
Covid-induced poverty: Nearly 100 million people may stay poor this year from the pandemic | NN

Global
Why People Are Quitting Jobs and Protesting Work Life From the U.S. to China | B

Geopolitics & trade
Biden’s Worker-First Trade Policy Rankles Foreign Partners | W
China’s new rare earth merger hands it ‘trump card’ in global fight for resources

Industries & companies
Cruise Lines: Is It Safe to Take a Cruise? 89 Cruise Ships Have Covid, CDC Investigating | B
Shipping: Shippers Plan New Strategies, Stopgap Measures to Ease Freight Pain | W

Corporate finance
The Number of Zombie Companies Fall in U.S. Despite Inflation, Covid Woes | B

Virus
U.S. CDC estimates Omicron variant to be 58.6% of cases, revises projection | R
Omicron Has Lower U.S. Hospitalization Rate Than Prior Covid Waves | B
Covid: Omicron appears to protect against delta and could displace it, study says | C
Omicron Reinfections Can Trigger Milder Symptoms, New CDC Research Shows | W
Covid: Nebraska omicron cluster suggests faster symptom onset | C
Exhaustion, fear, and resignation: Welcome to Covid-19, 2022 edition | Vox
AMD Joins Companies Canceling In-Person CES Attendance as Omicron Spreads | B

Technology
SpaceX’s Future Depends on a Gigantic Rocket and 42,000 Internet Satellites | W