wiar 02-03-22

MFwebsite2020researchWhat I Am Reading

February 03 (Thursday)

YRI
Daily Markets Overview
See subscribers’ link below for today’s Morning Briefing.
Replay of Dr. Ed’s webinar on January 31.

Markets
Stocks rise for a fourth straight day as Alphabet fuels tech gains, Dow jumps more than 200 points | C
Stocks Extend Winning Streak to Four Sessions | W
Growth Hedge Funds Suffer Worst Rout in Years | W
U.S. yield curve inversion may be ‘false positive’ recession signal – Credit Suisse | R

Global
A Normal Supply Chain? It’s ‘Unlikely’ in 2022. | N

Central banks
The Fed Is Trapped: It Has No Room to Taper or Raise Rates | Mises Wire
As Fed fights inflation, ‘dovish’ may not define Biden’s newest nominees | R
Sarah Bloom Raskin Faces Senate Questions Over Climate Views | W
Who is Lisa Cook? Historic Federal Reserve nominee faces Senate hearing | C
ECB seen on hold but may acknowledge inflation risks | R

US
Consumers Are Pivoting Spending to Services Like Dining and Travel | W
January’s payrolls report could show as many as 400,000 jobs lost | C
How Rent Hikes Make Buying a House Even Harder | W
U.S. National Debt Exceeds $30 Trillion for First Time | W
 
China
China Fortifies Its Borders With a ‘Southern Great Wall,’ Citing Covid-19 | W
China property developers’ cash squeeze drags down elevator-maker Kone | yahoo

Europe
Eurozone Inflation Rises to Fresh Record, Against Expectations | W

Geopolitics & trade
U.S. Orders 3,000 Troops to Bolster European Allies in Russia-Ukraine Crisis | W
FBI chief says threat from China ‘more brazen’ than ever before | C
U.S. Moving—Some Say Too Slowly—to Address TikTok Security Risk | W

Industries & companies
Energy: Can Germany Show Us How to Leave Coal Behind? | The New Yorker
Restaurants: The restaurant business will probably never recover from Covid | NN
Tech: Meta Reality Labs reports $10 billion loss | C

Climate
The Texas Electric Grid Failure Was a Warm-up | Texas Monthly
Extreme heat driven by climate change is new normal for oceans | C
EXCLUSIVE IMF staff cut critical coal language from Japan statement -document | R
Biden urges against USPS plan to spend billions on gas vehicles | C

Virus
Denmark ends COVID restrictions — when will the US open society? | P
Airlines ask Biden to drop Covid testing for vaccinated travelers before U.S.-bound flights | C
Crosby, Stills & Nash want their music removed from Spotify Over Covid Misinformation | C

Beyond markets
NFT Art Exists in the Digital World. Collectors Want to Put Them on the Wall. | W
Olympian Eileen Gu competing for China is ruffling US skiers | P