March 05 (Saturday)
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.
(subscribers’ link)
YRI
Daily Markets Overview
See subscribers’ link below for today’s Morning Briefing.
Replay of Dr. Ed’s webinar on February 28.
Markets
Dow sheds 180 points, slides for 4th straight week as Ukraine war weighs on markets | C
S&P Dow Jones is removing Russia stocks from indexes, stripping country of emerging market status | C
Russia’s Ukraine conflict, big inflation report will keep the stock market volatile in coming week | C
Average national gasoline price surges to $3.83 a gallon, the highest since 2012 | C
War in Ukraine: White House Considering Ban on Russian Oil Imports to U.S. | B
US
February jobs rose a surprisingly strong 678,000, unemployment edged lower while wages were flat | C
The evolving post-COVID U.S. job market in five charts | R
Chicken Companies Were Asked About Sharing of Employment Practices | W
Biden Climate-Change Plans Gain Momentum as Democrats Retool Agenda | W
Half of Insured Americans Owe Medical Debt, Boosted by Covid | B
Geopolitics I
Russia seizes Europe’s biggest nuclear plant and blocks media websites | R
Russia Accused of Nuclear ‘Terrorism’ After Attack on Ukraine Power Plant | B
No Radiation Leaks Reported After Russians Take Ukrainian Nuclear Plant | W
UK, France say Iran nuclear deal is close, Russia points to next week | R
Ukraine Has Accused Russia of Using Thermobaric Weapons. Here’s What Makes Them So Devastating. | W
A Ukrainian City Prepares for Battle Far From the Front Line | W
Ukraine’s Special Forces Hold Off Russian Offensive on Kyiv’s Front Lines | W
Russia blocks Facebook, passes ‘fake news’ law; LVMH, Microsoft halt sales | R
Geopolitics II
How the West Unplugged Russia From the World’s Financial Systems | W
Why China’s Banks Won’t Come to Russia’s Rescue | W
Lindsey Graham Repeats Call for Russians to Assassinate Putin | W
The West’s Green Delusions Empowered Putin | Common Sense
Russia’s Looming Economic Collapse | The Atlantic
JPMorgan Warns Russia Faces 1998-Like Collapse in Economy | B
North Korea Fires Suspected Missile Days Before South’s Vote | B
Industries & companies
Autos: Tesla Gets Approval to Start EV Production in Germany | W
Autos: Tesla’s long-delayed German gigafactory gets conditional green light | R
Tech
Is It the End of the Road for Computing Power? | W
Virus
New Jersey will end omicron public health emergency, NYC to lift indoor vaccine mandate | C
Beyond markets
Ark Invest CEO Cathie Wood on everything from deflation to Elon Musk | FT
