April 02 (Saturday)
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 Close Higher, Bond Yields Rise After Jobs Report | W
Dow climbs more than 100 points as Wall Street begins second quarter on a positive note | C
What Is a Yield Curve and Why Are Investors Worried? | Morningstar
U.S. bonds: Key part of yield curve ‘inverts’ as short-term rates jump after jobs report | C
Central banks
Eurozone Inflation Soars to 7.5%, Raising Pressure on ECB | W
US
U.S. March Jobs Report Shows Strong Hiring Momentum | W
Americans Were Great About Paying Their Debts in the Pandemic. Don’t Expect It to Last. | W
Bernie Sanders Is Wrong About the American ‘Oligarchs’ | reason.com
China
Shanghai’s Workers Sleep on Floors to Keep Factories Going Amid Covid-19 Lockdown | W
Geopolitics & trade
Vladimir Putin’s 20-Year March to War in Ukraine—and How the West Mishandled It | W
Russian Strategy in Ukraine Shifts After Setbacks, and a Lengthy War Looms | W
Chinese Agents Hire Private Eyes to Harass Dissidents in U.S., Officials Say | W
Virus
Shanghai Battles Covid-19 Outbreaks in Another Elderly-Care Hospital | W
Myocarditis risk higher after Covid infection than vaccination, CDC finds | C
Meta says employees won’t need Covid boosters to come to U.S. offices | C
Beyond markets
Opinion: The Zelensky deepfake is a warning for Corporate America | NN
