April 01 (Friday)
Latest Morning Briefing Executive Summary: Financials, Defense & Fusion
Today, Jackie takes a timely look at prospects for the S&P 500 Investment Banking & Brokerage industry. If the buoyant reception investors gave to Jefferies’ challenged but better-than-expected Q1 results is a bellwether, the industry may be poised to reverse its sector-lagging streak. … Also: A look at how the fiscal 2023 defense budget may take shape as it winds its way through Congress. … And: Fusion holds immense promise for producing carbon-free energy—if scientists can clear a big hurdle. They’re making progress.
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YRI
Daily Markets Overview
See subscribers’ link below for today’s Morning Briefing.
Replay of Dr. Ed’s webinar on March 28.
Markets
Stocks Finish Lower as U.S. Eyes Reserve Release | W
Oil prices slide as Biden announces largest-ever Strategic Petroleum Reserve release | C
2-year Treasury yield tops 10-year rate, a ‘yield curve’ inversion that could signal a recession | C
Biden to release oil from Strategic Petroleum Reserve to cut gas prices | C
Global
This Is What Happens When Globalization Breaks Down | N
US
The Fed’s preferred inflation gauge rose 5.4% in March, the highest since 1983 | C
Inflation Weighed on Consumer Spending Growth in February | W
Here’s what’s next for the US jobs recovery | NN
U.S. Jobless Claims Edge Higher Amid Tight Labor Market | W
U.S. to Make 35,000 More H-2B Visas Available for Seasonal Workers | W
Europe
Putin tells Europe: Pay in roubles or we’ll cut off your gas | R
China
China’s Covid-Zero Strategy: What Could Xi Jinping Do Next? | B
China Plans New Restrictions in Its Booming Live-Streaming Sector | W
Geopolitics & trade
Russians hand control of Chornobyl nuclear plant back to Ukraine, IAEA says | C
U.S. sanctions a global network helping Russian military evade export controls | C
U.S. Sanctions Russian Tech Companies, Whole Sectors of Russian Economy | W
Industries & companies
Pharma: House Passes Bill Capping Insulin Costs at $35 a Month | W
