January 26 (Wednesday)

YRI
Daily Markets Overview
See subscribers’ link below for today’s Morning Briefing.
Replay of Dr. Ed’s webinar on January 24.

Markets
Dow closes lower, but well off session lows in another massive comeback | C
Stock Markets End Lower as Turbulence Continues | W
Caution rules U.S. stock market ahead of Fed policy decision | R

Central banks
The Fed is likely to signal a March interest rate hike and that further policy tightening is coming | C

Global
IMF cuts growth forecasts for U.S., China and world as Omicron spreads | R

US
Chip Shortage Leaves U.S. Companies Dangerously Low on Semiconductors, Report Says | W

Geopolitics & trade
Biden says a Russian invasion of Ukraine ‘would change the world’ | W
U.S. Plans Sanctions, Export Controls Against Russia if It Invades Ukraine | W

Industries & companies
Autos: GM investing $6.6 billion in bid to dethrone Tesla in EV sales by 2025 | C
Pharma: Drugmaker Teva fueled opioid addiction in New York, jury finds | R
Real Estate: Covid-19 Fuels Best-Ever Commercial Real-Estate Sales | W
Real Estate: Real estate billionaire Sam Zell says office space will recover ‘much faster’ than retail | C

Climate
McKinsey calculates the staggering capital spending required to reach net-zero by 2050 | C
Biden Nominee For Fed Vice Chair Will Soon Have Us Freezing In The Dark.

Virus
COVID is less severe with Omicron than Delta, U.S. study suggests | R
Omicron Is Spreading. Resistance Is Futile | W
Covid-19 Hospitalizations Continue to Fall in U.S. | W
Covid-19 Deaths in the U.S. Top 2,100 a Day, Highest in Nearly a Year | W
Biden administration withdraws Covid vaccine mandate for businesses after losing Supreme Court case | W