December 07 (Wednesday)
Latest Morning Briefing Executive Summary: On Bonds & Europe
Bond yields aren’t determined as much by supply and demand as they are by investor expectations regarding inflation and the Fed’s likely response to it. But it’s helpful to stay aware of the latest supply-and-demand-related developments in the bond market, which we review today. … Also: The EU has been doing a remarkable job of finding alternative fuel sources to replace energy imports from Russia. If a war-provoked energy crisis this winter causes a recession in Europe, chances seem good that it’ll be mild and brief.
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YRI
Daily Markets Overview
Replay of Dr. Ed’s webinar on December 5.
Markets
S&P 500 closes lower for a fourth straight day as recession worries jolt markets | C
Stocks Tumble After Strong Data Raises Rate Fears | W
Oil Prices and Energy Stocks Are Headed in Different Directions. What Gives? | W
Energy
Europe Can’t Count On U.S. Shale To Make Up For Russian Crude | OilPrice.com
Analysis: G7 Russian oil price cap evolves from revenue squeeze to market anchor | R
The $60 price cap on Russian oil, explained – Vox
Oil Price Cap Triggers Tanker Traffic Jam in Turkish Straits | W
Central banks
Fed to Weigh Higher Interest Rates Next Year While Slowing Rises This Month | W
Global
High Debt Levels Could Pressure Developing Countries as Global Economy Slows | W
US
America’s $66 trillion in debt that could crash the economy | P
Trump Organization, owned by Donald Trump, convicted in tax fraud case | C
Japan
Japan business mood up, global slowdown weighs on outlook -poll | R
Geopolitics & trade
U.S., EU Agree to Coordinate Semiconductor Subsidy Programs | W
TikTok National-Security Deal Faces More Delays as Worry Grows Over Risks | W
Industries & companies
Banking: Sen. Brown introduces bill to close ‘shadow’ banking loophole after Elon Musk says Twitter will process payments | C
Tech: Meta’s Targeted Ad Model Faces Restrictions in Europe | W
Technology
Bezos’ space company teams with Lockheed, Boeing for NASA moon pitch | C
Crypto
Former FTX engineer quietly became millionaire Democratic donor | C
