February 24 (Thursday)

Latest Morning Briefing Executive Summary: Sentiment, Industrials, and Crispr

Stock market bearishness is increasing, which is bullish from a contrarian perspective. The Bull/Bear Ratio has dropped close to levels that have heralded great buying opportunities in the past. That doesn’t preclude further stock market declines, but it does suggest that bargain buying for the long term makes sense. … A confluence of trends points to boom times for manufacturing industries and the businesses that support them. Some of these trends are industry specific, some apply to manufacturing broadly. … Also: a look at exciting new medical applications for disruptive technology Crispr.
(subscribers’ link)

YRI
Daily Markets Overview
See subscribers’ link below for today’s Morning Briefing.
Replay of Dr. Ed’s webinar on February 22.

Markets
U.S. Stocks Extend Slide Over Ukraine Concerns | W
Equities tumble and U.S. dollar rises as Russia/ Ukraine fears escalate | R
Russia-Ukraine Crisis Troubles the Stock Market | N

Central banks
The market has adjusted its views of how the Federal Reserve will raise interest rates | C
The Case Against Fed Gradualism by Willem H. Buiter | Project Syndicate

US
What Russia’s Conflict in Ukraine Means for the U.S. Economy | N
Some Companies Ditch Annual Raises and Review Worker Pay More Often | W

Europe
With Nord Stream 2 Freeze, Germany Takes First Step to Cut Russian Gas Reliance | W

Geopolitics & trade
Ukraine Crisis Kicks Off New Superpower Struggle Among U.S., Russia and China | W
Ukraine separatists seek Russian help as U.S. says attack is ready | R
Ukraine President Urges Russian Citizens to Oppose War as Invasion Warnings Mount | W
Cyberattack hits Ukrainian banks and government websites | C
U.S., Europe Ramp Up Sanctions on Russia, Plan More in Case of Military Escalation | W
Russia’s Moves in Ukraine Put Another Foreign-Policy Crisis at Center of Biden’s Agenda | W

Virus
The C.D.C. Isn’t Publishing Large Portions of the Covid Data It Collects | N
Masks in Schools: Districts Get Caught Between Health Authorities and Parent Pushback | W