November 10 (Thursday)

Latest Morning Briefing Executive Summary: On Transports, Oil & Climate Change
Does the recent rally in the S&P Transports signal that investors think transportation stocks have been beaten down enough so far this year? Will they continue to chug uphill despite the drag from slowing fundamentals? Jackie examines the challenges up ahead for shippers, truckers, railroads, and air freight and logistics companies; airlines, though, seem headed for blue skies. … Also: A look at the oil market’s tug of war between China’s downward pressure and Russia’s upward pressure on prices. … And: Today’s Disruptive Technologies segment focuses on news from the UN’s international climate change conference, COP27.
(subscribers’ link)

YRI
Daily Markets Overview
Replay of Dr. Ed’s webinar on November 7.

Markets
Wall Street layoffs pick up steam as Citigroup and Barclays cut hundreds of workers | C
China Stocks Slide as Covid Curbs Temper Reopening Hopes | B

US
Frustrated Republicans Try to Explain Lack of Midterm ‘Red Wave’ | W
October CPI seen showing inflation up even as some goods prices cool | C
Democrats Hold Off Steep Losses by Driving Turnout and Winning Independent Voters | W
Control of Congress Remains at Stake as Democrats Fend Off Anticipated ‘Red Wave’ | W

China
China Producer Prices Turn Negative in Warning Sign for Global Economy | W
Column: China reopening may add inflation headache | R
Under Xi Jinping, Women in China Have Given Up Gains | W
Column: China’s diesel exports recover but not enough to reverse global shortage | R

Emerging
Korea Unveils $7 Billion in Financing to Help Property Market | B

Industries & companies
Autos: Tesla stock hits 2-year low after Musk sells $4 bln worth of shares | R
Real Estate: Redfin Shuts Home-Flipping Business, Lays Off 13% of Staff in Slumping Housing Market | W
 
Geopolitics & trade
Russia says troops leaving strategic Kherson, Ukraine doubts full pullout | R
Russia Orders Withdrawal From Kherson, Only Regional Ukrainian Capital It Held | W