February 04 (Friday)

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

Markets
Disappointing Meta, PayPal Earnings Send Shudders Through Stock Market | W
U.S. oil prices top $90 a barrel for the first time since 2014 | C
Oil Frackers Brace for End of the U.S. Shale Boom | W

Central banks
As Inflation Soars, Central Banks Scramble to Lift Rates | W
GOP senator grills Biden Federal Reserve nominee Sarah Bloom Raskin | C
Sarah Raskin’s Systemic Risk at the Federal Reserve | W

US
Why the January Jobs Report May Disappoint, and Is Sure to Perplex | N
January jobs report could show omicron caused sharp fall in payrolls | C
Housing wealth is setting new records for both owners and sellers | C
America’s economic recovery is about to go into reverse | NN
Opinion | Wealth Inequality Is the Highest Since World War II | N

Geopolitics & trade
Global Tax Deal Would Undercut U.S. Tax Breaks, Businesses Warn | W
China’s Unspoken Winter Olympics Theme: ‘We’re Here, Get Used to It’ | W
U.S. Says Russia Is Planning to Fabricate a Pretext to Invade Ukraine | W

Industries & companies
Airlines: Southwest will bring booze back on board Feb. 16 after nearly two years | C
Autos: Used-car prices may be easing, research shows | C
Autos: Ford Earnings (F): Profit Falls Short of Estimates Despite Rising Car Prices | B
Consumer: Amazon hikes Prime membership fees in U.S. as wages, costs rise | R
Consumer: Amazon (AMZN) Stock Jumps Set for Biggest One-Day Gain in Market Value Ever | B
Tech: Is Big Tech a Safe Stock Bet? Meta’s (FB) $250B Crash Has Traders Weighing Risk | B

Digital currency
India budget 2022: Digital rupee and crypto tax announced | NN

Virus
U.S. Covid-19 Hospitalizations Continue Tracking Downward | W