January 06 (Thursday)

YRI
Daily Markets Overview
See subscribers’ link below for today’s Morning Briefing.
Replay of Dr. Ed’s webinar on January 3.

Markets
Dow drops nearly 400 points in first loss of 2022, as traders brace for a more aggressive Fed | C
Interest-Rate Worries Batter Stock Market | W
Asian shares skid as rising U.S. yields hit tech stocks | R
Treasury Selloff Deepens as Fed Opens Door to Faster Rate Hikes | B
China’s Covid-19 Lockdowns Cast a Pall Over Oil Demand Growth | B

Global
A New Barometer of Global Supply Chain Pressures | FRB-NY

Central banks
Fed Minutes Point to Possible Rate Increase in March | W
Fed minutes December 2021: Federal Reserve puts wheels in motion for balance sheet reduction | C
Hawkish Fed signals it may have to raise rates sooner to fight inflation | R

US
Underused Office Buildings Get New Life as Deluxe Apartments | W
U.S. Hospital Staff Shortages Hit Most in a Year on Covid Surge | B
Microbusinesses flourished during the pandemic. Now we must tap into their full potential. | Brookings

China
China’s Unpredictable, Heavy-Handed Governance Threatens Growth | W
As pressure mounts, China Evergrande seeks delaying onshore bond payment | R

Industries & companies
Airlines: Airlines Cancel More Than 1,000 Flights for 11th Straight Day | W
Airlines: 5G Truce Expected to Avert Many—but Not All—Flight Disruptions | W
Autos: Can Tesla (TSLA) Be Stopped? Toyota, VW Pour Billions Into Electric Cars 2022 | B
Autos: GM Reveals Electric Chevy Silverado to Counter Ford’s F-150 Lightning | W
Fitness: Nike sues Lululemon for patent infringement over at-home Mirror gym and fitness apps | C

Virus I
The CDC’s new isolation guidelines are a communications disaster | msnbc.com
COVID testing policy put under the microscope as Omicron sweeps world | R
‘Flurona’ Is Coronavirus Plus Flu. How Bad Is That?: QuickTake | B
Biden Steps Up Vaccine Push as U.S. Cases Surpass Records | W
CDC Advisers Endorse First Covid-19 Boosters for 12- to 15-Year-Olds | W
Fourth Covid jab: We can’t vaccinate the planet every six months, says JCVI chief | telegraph.co.uk

Virus II
As the Supreme Court Prepares To Weigh Covid Rules, the Logic of Federal Mandates Starts to Fade | nysun.com
Omicron School Disruptions Stress Already-Frayed Parents—Again | W
Chicago Public Schools Cancel Classes After Teachers Vote Against In-Person Instruction | W
Michael Bloomberg: Children Can’t Afford Teacher Walkouts | B
Inside a Covid-19 School Closing: A Pennsylvania Superintendent Agonizes Over Going Remote | W

Virus III
Omicron Pushes Wall Street Toward Work-From-Home Future | W
Walmart cuts paid Covid leave in half, as CDC isolation guidance changes | C
Grammy Awards postponed indefinitely amid omicron-fueled Covid surge | C

Technology
Deere Rolls Out Fully Autonomous Tractor at CES | W
 
Beyond markets
The NFT craze has stopped being funny | The Week