wiar 02-26-22

MFwebsite2020researchWhat I Am Reading

February 26 (Saturday)

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
Dow climbs 800 points in best day since 2020, investors weigh Russia-Ukraine | C
U.S. Stocks Rally to Finish Turbulent Week | W
With market’s snapback, focus shifts to Powell testimony, jobs report | C
How Geopolitics Impacts Markets (1941-2021) | The Big Picture

Global
Ukraine War Means Another Supply Shock to Global Economy, the Last Thing It Needs | W

Central banks
Fed’s Preferred Inflation Measure Reaches Fastest Pace Since 1983 | W

Energy
U.S. Energy Independence Is Shaken by Russia-Ukraine Crisis | N
Putin Is Having Easier Crisis This Time Thanks to Oil, Reserves | B
How fracking was killed by Green lies and Russian propaganda | thecritic.co.uk

US
U.S. Consumer Spending Rose 2.1% in January and Inflation Accelerated Amid Omicron Wave | W
This key unemployment measure hasn’t been this low since 1970 | NN
Opinion | With Inflation High, People Are Talking About Price Controls. Is That a Terrible Idea? | N
‘Unretirements’ are picking up, and that’s good for the economy | axios.com
Biden nominates Ketanji Brown Jackson to be next Supreme Court justice | C

Geopolitics & trade
How the West Misread Vladimir Putin | W
How Germany helped blaze Putin’s path into Ukraine | PO
Russian Forces Close In on Ukraine’s Capital as Kyiv Prepares to Fight | W
Russia Vetoes UN Resolution as China Abstains: Ukraine Update | B
Russia media regulator moves to partially restrict Facebook access | C
U.S. to impose sanctions on Vladimir Putin and top aide, White House says | C
 
Industries & companies
Autos: Ford Plans to Pause F-150 Production at Missouri Plant Next Week | W
Media: Disney’s Star Wars Galactic Starcruiser review: Let loose and play | C
Pharma: Pfizer, Moderna and Other Drugmakers Make Billions Responding to Covid-19 Pandemic | W

Virus
Covid: Transmissibility, severity, reinfection of Omicron BA.2 subvariant | C
U.S. eases COVID indoor mask guidelines for most of country | R
 
Beyond markets
Tokens.com CEO buys $2 million worth of land in Decentraland | C