January 14 (Saturday)
Latest Morning Briefing Executive Summary: Financials, Materials & Robots
Yes, most banks and brokerages’ Q4 results will be down y/y, but investors already knew that. As long as earnings reports don’t bring much new negative news, the S&P 500 Financials sector’s rebound may continue, buoyed by easy y/y comparisons ahead. … Also: The World Bank‘s global growth forecast for this year is now a grim 1.7%. But you’d never know it from the surge in metals prices and the S&P 500 Materials sector since October. The strong dollar, China’s lockdown unlocking, and Europe’s energy resourcefulness no doubt have helped. … Also: How robots are about to transform farming, EV fueling, and manufacturing productivity.
(subscribers’ link)
YRI
Daily Markets Overview
Replay of Dr. Ed’s webinar on January 9.
Markets
Dow closes 100 points higher, S&P 500 and Nasdaq notch best week since November | C
As Inflation Dies, A New Bull Market Is Emerging | InvestorPlace
US
Workers Lose Ground to Inflation Despite Big Wage Gains | W
Inflation-Weary Americans Find Some Relief as Prices Fall for Dozens of Products | W
U.S. to hit debt limit Thursday, Yellen warns Congress | C
Zero-fare public transit movement gains momentum | C
No, the Biden administration is not coming for your gas stove | usatoday.com
Classified Documents Saga Overshadows White House Push to Tout Biden Record | W
Europe
How Europe Escaped a Looming Energy Crisis | W
Europe’s Mild Winter Cushions Economic Blow of Ukraine War | W
Japan
Japan’s 10-Year Government Bond Yield Breaches New Cap | W
China
China’s Export Decline Deepens, Threatening Growth | W
China reports huge rise in COVID-related deaths after data criticism | R
China Says 60,000 Have Died of Covid Since Controls Were Lifted | W
Geopolitics & trade
Biden, Japan’s Kishida Focus on Boosting Security Cooperation to Counter China | W
U.K. and EU Look to Mend Rift and Resolve Northern Ireland Trade Dispute | W
Industries & companies
Airlines: Opinion | The FAA Meltdown Proves It’s Time to Finally Fix Air Travel | N
Autos: What it’s like to deliver for Amazon in new Rivian electric vans | C
Financials: America’s Biggest Banks Are Girding for a Recession but Aren’t Feeling One Yet | W
Financials: Credit Suisse set to cut 10% of European investment bankers, Financial Times reports | R
Media: YouTube Tests New Hub of Free Streaming Channels | W
Media: A battle between Disney and activist Peltz brews. Here’s how the situation may unfold | C
Technology
Chips Are the New Oil and America Is Spending Billions to Safeguard Its Supply | W
Beyond markets
Pfizer Covid booster likely doesn’t carry seniors’ stroke risk: CDC | C
J&J Slashes Production of Its Unpopular Covid-19 Shot | W
