wiar 01-20-22

MFwebsite2020researchWhat I Am Reading

January 20 (Thursday)

YRI
Daily Markets Overview
See subscribers’ link below for today’s Morning Briefing.
Replay of Dr. Ed’s webinar on January 18.

Markets
Nasdaq closes in correction territory on Wednesday | C
Opinion: Stocks still look attractive even with the Fed tightening | MW
Bitcoin Sags in 2022 Under Weight of Stock Selloff and Fed Policy | W

Global credit & inflation
German Benchmark Bond Yield Briefly Turns Positive for First Time Since 2019 | W
U.K. Inflation Hits 30-Year High, Prompting Expectations of Rise in Interest Rates | W
Canada Inflation Reaches 30-Year High, Placing Spotlight on Central Bank | W

Central banks
Fed Will Likely Hike Eight Times to Curb Inflation, Marathon Asset CEO Says | B

US
Senate will vote on voting rights bills and filibuster rules change | C
SALT Fight Threatens Biden Bill as Democrats Demand Higher Cap | B
Biden defends his first year record as agenda stalls: ‘I didn’t overpromise’ | C
Investors Aren’t Sure About Home Builders’ Foundations | W

Geopolitics & trade
Blinken tells Ukraine he will keep working to avert Russian attack | R

Industries & companies
Airlines: Why 5G is causing flight cancellations | Vox
Autos: For Maximum EV Efficiency, Stick to 25 Miles an Hour, Ignore Angry Drivers | W
Consumer: Procter & Gamble plans more price hikes for Tide and other products | C
Consumer: Peloton insiders sold nearly $500 million in stock before its big drop | C
Wireless: 5G launch Wednesday caps years of hype, investment | C

Virus
Omicron in China: New Variant Weakens Xi Jinping’s Covid Policies | B
U.S. to distribute 400 million free N95 masks at CVS, Walgreens in COVID fight | R
Starbucks won’t require vaccination or weekly testing after court ruling | C
To Help Battle Covid-19, a Hospital Borrows Tactics From Combat Veterans | W
Covid-19, Endemic or Not, Will Still Make Us Poorer | W
Professor Ehud Qimron: “Ministry of Health, it’s time to admit failure” | Swiss Policy Research

Technology
With U.S. labor scarce, logistics firms turn to remote forklifts | R

Corporate finance
Microsoft’s Activision Blizzard Deal to Power Its Netflix-of-Gaming Aspirations | W