September 24 (Saturday)

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
Dow Closes at Lowest Level of 2022 as Growth Fears Roil Markets | W
Dow drops nearly 500 points to close at new low for 2022 on rising recession fears | C
Stocks tumble, dollar soars and bonds plunge as recession fears grow | R
From the Fed to Europe’s currency crisis, here’s what’s behind this selloff in financial markets | C

Central bankers
World’s Central Banks Race to Raise Rates After Fed Increase | W

Energy
A Natural Gas Shortage Is Looming For The U.S. | OilPrice.com
Column: Recession will be necessary to rebalance the oil market | R

Europe
U.K.’s Sweeping Tax Cuts Send Pound Tumbling, Bond Yields Higher | W
Italy’s election campaign ends, tensions between EU and right flares | R
Italy’s Election Is the First Test of the West’s Anti-Putin Resolve | W

US
Middle-Income Households Feel Bigger Pinch From Inflation, Report Finds | W
 
Geopolitics & trade
Russia holds votes in occupied parts of Ukraine; Kyiv says residents coerced | R

Industries & companies
Autos: Ford’s Latest Supply-Chain Problem: a Shortage of Blue Oval Badges | W
Materials: Column: Russian supply uncertainty weighs on aluminium market | R
Tech: Tech stocks notch worst two-week stretch since the start of pandemic | C

Beyond markets
Is the Hyperloop Doomed? | NYT
Some investors backing out of SPAC merging with Trump’s media firm | R
World Bank’s David Malpass Says He Isn’t Resigning Amid Criticism of His Climate Views | W