March 04 (Friday)
Latest Morning Briefing Executive Summary: Sentiment, Retailers, China & Crypto
Bargain buying now for the long term may make sense, suggests the Bull-Bear Ratio and lessons from past geopolitical shocks. A caveat: This time may be different given coming interest-rate increases and the potential for disrupted energy markets. … Retailers’ recent earnings reports have been decidedly optimistic, but stock investors aren’t convinced. Why are they spooked when the C-suite folks are sanguine? … China’s President Xi may have a change of heart about former BFF Putin; we explain why we think so. … And: Cryptocurrencies’ new wartime uses.
YRI
Daily Markets Overview
See subscribers’ link below for today’s Morning Briefing.
Replay of Dr. Ed’s webinar on February 28.
Markets
Nasdaq drops 1.5%, Dow off nearly 100 points in choppy session as traders monitor Russia-Ukraine war | C
History Shows Ukraine War Will Be a Stock Price Blip | B
Here’s What Happens When Investors Ignore Corruption | Institutional Investor
Saudi crown prince plays the oil card in quest for U.S. recognition | R
Central banks
Fed’s Powell Says Ukraine War Creates Risks of Higher Inflation | W
US
Biden Administration Seeks $10 Billion for Ukraine Aid | W
Biden’s building bust: Inflation, foolish priorities will zap infrastructure investments | P
Economic Outlook: Labor Market to Drive GDP Growth | Morningstar
February jobs report expected to show strong labor market continuing with solid wage gains | C
China
In China, Fewer Are Willing to Splurge as Economic Worries Mount | W
Europe
Europe Can Survive Next Winter Without Russian Gas | OilPrice.com
Column: Europe prepares for high gas prices to last into 2023 | R
French President Emmanuel Macron Declares Run for Re-Election | W
Ukraine conflict
Ukraine and Russia agree on evacuation corridors as U.S. punishes oligarchs | R
Russian Forces Advance in Southern Ukraine as Cease-Fire Talks End | W
Putin Thought Ukraine Would Fall Quickly. An Airport Battle Proved Him Wrong. | W
Russia’s Assault on Ukraine’s Cities | W
China Declared Its Russia Friendship Had ‘No Limits.’ It’s Having Second Thoughts. | W
Russian billionaires lose over $80 billion in wealth | C
Russia-tied cable news station RT America closes amid Ukraine invasion | C
Industries & companies
Airlines: Airline software giant ends distribution service for Russia’s Aeroflot | C
Autos: Ukraine War Plunges Auto Makers Into New Supply-Chain Crisis | W
Health Care: Companies Bet You’re Ready to Test at Home for More Than Covid-19 | W
Pharma: Covid: Pfizer, Moderna project $51 billion in combined vaccine sales this year | C
Retail: Ukraine news: Retailers warn of business impact from Russia’s invasion | C
Crypto
How Bitcoin and a Crypto Exchange Became Part of Ukraine’s War Effort | W
Virus
Should you keep wearing a mask on a plane? | Slate.com
NFL suspends all Covid protocols, cites ‘encouraging trends’ | C
Beyond markets
Brandon Sanderson Kickstarter tops $19 million in two days | C
