February 11 (Friday)
YRI
Daily Markets Overview
See subscribers’ link below for today’s Morning Briefing.
Replay of Dr. Ed’s webinar on February 7.
Markets
Stocks Finish Sharply Lower, Bond Yields Rise After Inflation Data | W
10-year Treasury yield tops 2% for the first time since 2019 after hot inflation | C
Why High Gasoline Prices Could Stick Around for a While | W
Central banks
Surging Inflation Heightens Fed Debate Over How Fast to Raise Rates | W
Fed’s Bullard calls for big hike in interest rates to fight inflation | R
Citi forecasts Federal Reserve to raise rates by 50 basis points in March | C
Federal Reserve to Test Ability of Largest Banks to Weather Recession | W
Tired of inflation? The Federal Reserve’s actions won’t provide any relief for months | C
US
U.S. consumer prices post largest annual gain in 40 years as inflation becomes widespread | R
President Biden Gets Inflation Wake-Up Call as Odds Rise for Republican Takeover | B
Biden touts wage growth, slower inflation forecasts after another surge in prices | C
Industries & companies
Consumer: Ben & Jerry’s Owner Unilever Says Soaring Costs Will Eat Into Profit | W
Real Estate: Zillow’s Shuttered Home-Flipping Business Lost $881 Million in 2021 | W
Geopolitics & trade
Russia’s Massive Military Drills on Ukraine Border Stir Invasion Fears | W
U.S. urges Canada to use federal powers to ease border protest disruption | R
Canadian Mayor Makes Plea for Injunction as Trucker Protest Limits Ford, GM Auto Production | W
EU Chips Act: Europe will need help from US, Asia to achieve goals | C
Virus
In U.K.’s Omicron Wave, Many People Are Dying With Covid-19, Not From It | W
As Omicron Declines, U.S. Rethinks Mask Guidance and Covid-19 Measures | W