March 15 (Tuesday)
Latest Morning Briefing Executive Summary: Wage-Price Spiral Spiraling
Today we examine Putin’s War from several angles: The ceasefire demands that Russia has put to Ukraine, the requests for assistance that Russia has put to China, and reasons for surging US gas prices. … We also examine runaway inflation from several angles: What the Fed could do about it, what it will likely do instead, and why the wage-price spiral won’t be stopping anytime soon.
(subscribers’ link)
YRI
Daily Markets Overview
See subscribers’ link below for today’s Morning Briefing.
Replay of Dr. Ed’s webinar on March 14.
Markets
Stocks Wobble, Oil Falls as Investors Track Ukraine Negotiations | W
Investors Dash to Haven Assets During Ukraine Crisis Market Turmoil | W
Treasury Yields Rebound to New Multiyear Highs | W
Fund Managers Stay Away From China Stocks Even With 75% Discount | B
Chinese Stocks Slide as Covid-19 Lockdowns Add to Investor Concerns | W
China’s Wealthiest Lose $52 Billion in a Day on Stocks Plunge | B
Central banks
Euro zone to tighten fiscal policy in 2023, but ready to reverse amid Ukraine war | R
NY Fed: Public’s Near-Term Inflation Expectations Again Hit Record in February | W
Joe Manchin opposes Sarah Bloom Raskin Federal Reserve nomination | C
Commodities & climate
Column: Ukraine crisis rocks the London Metal Exchange | R
Inside Nickel’s Short Squeeze: How Price Surges Halted LME Trading | B
Why Is Xiang Guangda Shorting Nickel? | B
Column: Funds dump CBOT wheat shorts on epic rally; end users snap up corn | R
U.S. oil tumbles more than 8%, dips below $100 per barrel | C
EXCLUSIVE Chevron set to trade Venezuelan oil if U.S. relaxes sanctions -sources | R
Gravity could solve renewable energy’s biggest problem | NN
BlocPower gets big infusion from Microsoft to convert old buildings to green energy | C
Ukraine-Russia
Ukraine and Russia Resume Talks as Moscow’s Bombing Campaign Grinds On | W
Russian Forces Kill Civilians, Loot for Supplies in Occupied Ukraine, Residents Say | W
The Man Who Sold Ukraine, by Mike Whitney
China’s Reluctance to Distance Itself From Russia Limits Its Role on Ukraine | W
Putin’s Ukraine invasion will spur 30-year economic setback: experts | C
Supply-chains
One big problem hindering supply chains and chip manufacturing — and how to fix it | Washington Examiner
Tesla has bought aluminum from Russian supplier Rusal since 2020 | C
Geopolitics & trade
Why Kim Jong Un Wants the World to See New ICBM Tests as Satellite Technology | W
US
The Inflation Hits Just Keep Coming, Raising Stakes for the Fed | W
Rent Prices are Up in Every State Except for These Two | apartmentguide.com
New Yorkers confirm high taxes are pushing them to flee the state in droves | P
Expect Your Spring Road Trip to Cost More This Year | W
Other retirees could take Tom Brady’s cue and return to the workforce | C
Europe
Conservative EU countries facing pressure to turn woke | P
Industries & companies
Pharma: Vaccine maker stocks rise as China battles worst Covid outbreak since 2020 | C
Tech: Apple Supplier Foxconn in Talks to Build $9 Billion Factory in Saudi Arabia | W
Cybersecurity
Bitcoin’s Value Drops Amid Russia-Ukraine War and Inflation | N
Virus
China’s Covid-19 Surge Shuts Down Plants in Manufacturing Hubs Shenzhen and Changchun | W
Factbox: Latest on the worldwide spread of the coronavirus | R
