September 23 (Friday)

Latest Morning Briefing Executive Summary: Consumers, Lithium & Waves
With recession fears topping investors’ worry list, why has the cyclical S&P 500 Consumer Discretionary sector outperformed every other sector over the past two months? Jackie explores. … Also: Lithium demand is expected to surge in coming years, driven by EVs—but can supply keep up? Would-be lithium producers face daunting roadblocks. … And: A look at the latest wave in alternative energy, wave energy.
(subscribers’ link)

YRI
Daily Markets Overview
Replay of Dr. Ed’s webinar on September 19.

Markets
Bond selloff risks liquidation of world’s most crowded trades- BofA | R
2-year Treasury tops 4.2%, a 15-year high as Fed continues to jolt short-term rates higher | C
Oil prices down 3% with recession fears in focus | R
Goldman Sachs cuts 2022 target for S&P 500 by 16% | R
HSBC warns investors to avoid European stocks | C

Central banks
ECB seeks to cut subsidy to banks as rate hikes leave it on hook, sources say | R

Global
War, Inflation Knock World Economy Off Balance | W

US
Charts suggest inflation could soon come down ‘substantially’ | C
From a booming economy to an economic bust! | Washington Examiner

Geopolitics & trade
Putin’s ‘incredibly dangerous’ nuclear threats raise the risk of an unprecedented disaster | C
Google Sees Russia Coordinating With Hackers in Cyberattacks Tied to Ukraine War | W
U.S. vs. China: The Race to Launch the Next Generation of Space Telescopes (video) | W

Industries & companies
Logistics: FedEx hikes package rates, details cost cutting as demand weakens globally | C

Pandemic
WHO warns ability to identify new Covid variants is diminishing as testing declines | C