January 07 (Friday)
YRI
Daily Markets Overview
See subscribers’ link below for today’s Morning Briefing.
Replay of Dr. Ed’s webinar on January 3.
Markets
Stocks End Lower After Choppy Session | W
CMBS Deals Are Lining Up for This Quarter | B
Hedge funds are selling tech shares at their fastest pace in a decade as rates spike | C
Central banks
The Fed is scaring markets with the triple threat of policy tightening | C
The Fed is going to tighten, the only question is how fast | R
Fed’s Bullard Eyes Three Rate Rises This Year, Says Fed Must Defend Inflation Credibility | W
Fed’s Richard Clarida Sold Then Bought Stock Fund Before 2020 Bank Pledge | B
A Fed Official’s 2020 Trade Drew Outcry. It Went Further Than First Disclosed. | N
Global
Supply Chain Woes Prompt a New Push to Revive U.S. Factories | N
US
Consumer Demand for Goods Drove U.S. Import Surge During Holidays | W
China
Anger at Xi’an Lockdown Spreads in China | W
China’s smallest firms failing at historic pace as 4.37 million close up shop and registrations plummet | SCMP
Geopolitics & trade
Walmart in China’s Spotlight Again as Regulator Cites Infractions | W
Industries & companies
Consumer: Coca-Cola’s Fresca to Join Crowd of Canned Cocktails | W
Financials: Société Générale Bets $5.5 Billion on Car-Leasing Business | W
Retail: Walgreens Posts Higher Sales and Profit From Covid-19 Demand | W
Tech: Morgan Stanley (MS) Suggests Rout in Expensive Tech Is Almost Over | B
Tech: SpaceX: Starlink internet service has more than 145,000 users so far | C
Virus
America calls out sick – CNN
Biden, in Shift, Prepares Americans to See Covid-19 as Part of Life | W
Omicron may be less severe in young and old, but not ‘mild’ – WHO | R
Japan Criticizes U.S. Response After Omicron Spreads Near American Bases | W
Moderna CEO says fourth Covid shot may be needed, citing efficacy issue | C
Cost of Covid-19 Testing Exceeds $100 for Some Families as Omicron Surges | W
Cryptocurrency
Bitcoin, Ether Prices Fall Along With Tech Stocks | W
GameStop Entering NFT and Cryptocurrency Markets as Part of Turnaround Plan | W
Beyond markets
Larry Fink Wants to Save the World (and Make Money Doing It) | W
