January 12 (Wednesday)

YRI
Daily Markets Overview
See subscribers’ link below for today’s Morning Briefing.
Replay of Dr. Ed’s webinar on January 10.

Markets
U.S. Stocks Finish Higher as Tech Shares Climb | W
Bank Stocks Set for Big Gains Ahead of Potential Fed Rate Increases | W

Central banks
Fed Chair Powell says rate hikes, tighter policy will be needed to control inflation | C
Fed’s Powell Says Economy No Longer Needs Aggressive Stimulus | W
After Months of Ethics Controversy, Fed’s New Trading Rules Will Be Implemented Soon, Powell Says | W

Global
Omicron, Supply-Chain Troubles to Slow Growth, World Bank Says | W
Empty grocery shelves return as sick employees, supply chain delays collide | C

US
December’s consumer prices are likely to be hot, but the peak could come soon | C
It’s time to choose, Biden tells Republicans in fiery voting rights speech | R
Michael Shvo’s Big Bet on Offices and Retail Faces Pandemic Test | W

Japan
Japan manufacturers’ mood slips as rising costs pressure profit margins – Reuters Tankan | R
As costs soar, some Japanese companies do the unthinkable: raise prices | R

Geopolitics & trade
N.Korea’s Kim calls for more ‘military muscle’ after watching hypersonic missile test | R

Industries & companies
Airlines: United cuts flights as about 3,000 workers call out sick from Covid | C
Financials: UBS Targets Less-Wealthy Customers With Advice by Device | W
Pharma: Medicare to Pay for Biogen’s New Alzheimer’s Drug in Clinical-Trial Patients | W

Climate
‘Furnace’: Argentina roasts in record-setting heat wave | R

Virus
Omicron variant: U.S. sets fresh records for Covid hospitalizations and cases with 1.5 million new infections | C
WHO says omicron is life threatening for unvaccinated, elderly, underlying conditions | C
U.S. Strikes Deal for Additional Supply of Covid-19 Antibody Treatment | W
As Omicron Spreads, Some Nations Offer a Second Covid-19 Booster | W
China Covid-19 Lockdowns Hit Factories, Ports in Latest Knock to Supply Chains | W
Chicago’s Parents Prove to Be Key in Getting Schools Back in Session | W