April 05 (Tuesday)
Latest Morning Briefing Executive Summary: Certainly Lots of Uncertainties
There’s lots of uncertainty about what’s going to happen next in a slew of areas pertinent to investing, including whether the US economy is heading for a recession, how high inflation will go and what the Fed will do about it, how the world order is changing, and how to value stocks amid all this flux. The many unknowns have made for a volatile stock market so far this year. Today, we run through nine uncertainties that have been keeping investors guessing, sharing our analysis of each to shed what light we can. … Also: More on the “CFO Put”—the notion that corporations flush with cash are providing stock market support via buybacks, dividends, and M&A.
(subscribers’ link)
YRI
Daily Markets Overview
See subscribers’ link below for today’s Morning Briefing.
Replay of Dr. Ed’s webinar on April 4.
Markets
S&P 500 rises to start the week led by tech, Nasdaq jumps 1.8% | C
Tech Stocks Lead Market Rally | W
Russia Metals Continues to Sell Around the World Despite Invasion of Ukraine | B
Terra’s $10 billion bitcoin buying spree may be ‘catalyst’ for sidelined investors: CNBC Crypto World
Energy
Oil jumps over 3% as deaths near Kyiv prompt talk of new sanctions | R
Russia maintains gas deliveries as Europe mulls tighter sanctions | R
Ukraine War Drives Countries to Embrace Renewable Energy—but Not Yet | W
US
America’s job market is on fire. Here’s why it doesn’t feel like it | NN
With Inflation Not Letting Up, Shoppers Cut Back on Staples | W
Climate change could cost U.S. $2 trillion each year by 2100: OMB | C
Geopolitics & trade
Biden calls for Putin war crime trial over genocide in Ukraine | C
EU’s new Russia sanctions: Steel, luxury goods, jet fuel and more | C
Release of Ukraine Intelligence Represents New Front in U.S. Information War With Russia | W
Corporate finance
AMD Returns to Deal Making With $1.9 Billion Purchase of Chip Specialist Pensando | W
Virus
Omicron sub-variant BA.2 makes up 72% of COVID variants in U.S. – CDC | R
