February 16 (Wednesday)

YRI
Daily Markets Overview
See subscribers’ link below for today’s Morning Briefing.
Replay of Dr. Ed’s webinar on February 14.

Markets
Stocks rally, oil slips as Russia-Ukraine tensions ease | R
Major U.S. Stock Indexes Reverse Three Days of Losses | W
As oil prices soar, U.S. drillers scramble to find sand for fracking | R
Soaring lumber price adds nearly $19,000 to the cost of a new home | C

Central banks
The Fed Missed Inflation. Can Jay Powell Tame It Without Causing a Recession? | W
Senate Republicans Block Vote on Biden’s Fed Nominees | W
Vote on Biden Fed picks delayed as GOP presses for answers on Raskin ties to firm | C
Bank regulator disputes KC Fed claim about firm linked to Biden nominee Raskin | C

US
Supplier Prices Jumped Last Month as U.S. Inflation Surged | W
How Much Are Home Rents Rising? Prices Surge by Record in Hot US Housing Market | B

China
How Chinese Nationalism Hit Nike, Adidas After Western Brand Boycotts | B

Geopolitics & trade
Russia Says Some Troops Pulling Back From Ukraine Border, as Diplomatic Solution Sought | W
Russia Says Troop Pullback Begins; Putin Meets Olaf Scholz: Ukraine Update | B
Ukraine-Russia crisis: Biden pledges ‘full force’ to defend Americans, NATO allies | C
Boris Johnson Proposes Stopping Russian Companies From Raising Capital in U.K. | B

Industries & companies
Media: ViacomCBS changes name to Paramount to underscore streaming future | C

Virus
China’s Xi Jinping Says Hong Kong Should Tackle Covid by All Means | B
Moderna Omicron Vaccine: 3,000 U.K. Volunteers Sought for Trial | B
Coachella, Stagecoach Drop Covid Vaccine, Testing, Mask Requirements | B
Babies are protected from hospitalization for Covid if their moms get vaccinated, study suggests | C