October 22 (Saturday)

Latest Morning Briefing Executive Summary: On China, Banks & Solar
China’s economy is ailing, but you wouldn’t know it to hear President Xi’s speech before the Chinese Communist Party’s annual National Congress. Jackie puts into perspective the points he made and, more importantly, the ones he omitted. … Also: Big banks’ Q3 earnings reports showcase their resilience so far in the current higher interest-rate environment but leveraged loans could be a problem area in the future if companies have trouble making higher interest payments. … And: A look at solar energy’s sunny future: With new technologies making panels lighter and more versatile, the sky’s the limit to their potential applications.
(subscribers’ link)

YRI
Daily Markets Overview
Replay of Dr. Ed’s webinar on October 17.

Markets
Dow climbs more than 700 points on Friday as Wall Street clinches its best week since June | C
U.S. yields slide from multi-year highs on hopes of Fed pivot | R
The $1 Million Amazon Conflict: Washington’s Ethics Czars Struggle to Enforce Stock-Trading Laws | W
2-year Treasury yield falls below 4.5% as traders weigh a potential slowdown in Fed hikes | C

Central banks
Fed Set to Raise Rates by 0.75 Point and Debate Size of Future Hikes | W
Why Japan Stands Virtually Alone in Keeping Interest Rates Ultralow | NYT

Energy
France joins other European countries in pulling out of treaty protecting energy investments | R
Europe’s Energy Shock Spurs Rethink of Liberalized Gas Markets | W
Please, someone: hit the brakes on Biden’s gas and energy nonsense | P

US
Inflation is not becoming ’embedded’ in economy, Yellen says | R
Burnout at work is getting worse, according to new data | Vox
U.S. Deficit Shrank Last Fiscal Year, but Is Poised to Widen as Economy Slows | W
Student loan forgiveness: President Biden says 22 million people have signed up | C

Europe
Boris Johnson’s Potential Return Shakes Up Race for U.K. Prime Minister | W

China
China’s Decade of Change Under Xi Jinping, in Nine Charts | W

Industries & companies
Retail: How Lululemon competes against Athleta, Alo, Gymshark, Nike and Adidas | C

Beyond markets
Cases of BQ.1, BQ.1.1 COVID variants double in U.S. as Europe warns of rise | R
Surge in Pediatric Respiratory Viruses, Including RSV, Strains Children’s Hospitals | W
CDC may use oral polio vaccine for first time in 20 years to halt New York outbreak | C