January 23 (Monday)
Latest Morning Briefing Executive Summary: Another Recession Alarm Ahead
Brace yourself for December’s Leading Economic Indicators and Coincident Economic Indicators coming out today. They are likely to trigger another recession alarm. But we still see greater odds of a soft landing (60%) than a hard one (40%). … What can the LEI and CEI tell us about the economy and what can’t they? Today, we discuss their usefulness and limitations. … Also: They aren’t the only economic indicators worth watching. … And: Dr. Ed reviews “The Menu” (+ + +).
(subscribers’ link)
YRI
Daily Markets Overview
Replay of Dr. Ed’s webinar on January 17.
Markets
The Market Still Looks Frothy. Here’s One Way to Hedge Your Bets. | BR
Market Recovery Hinges on Quick Inflation Drop | W
Stocks and Bonds Are Sending Different Messages. One of Them Is Wrong. | BR
The Fed and the Markets Disagree on Wages and Inflation. That’s a Problem. | BR
Toyota, Warner Bros., and 24 More Stocks Barron’s Roundtable Pros Love This Year | BR
The first ETF is 30 years old this week. It launched a revolution in low-cost investing | C
Central banks
Fed Sets Course for Milder Interest-Rate Rise in February | W
The Federal Reserve Is Trimming Its Assets. It’s Not Working. | BR
Japan warns of dire finances as BOJ struggles to contain yields | R
Commodities
Energy CEO thinks natural gas will be around for years to come | C
Copper’s Rally Keeps Rolling Along. China Will Drive the Comeback. | BR
This Steel Maker Is Looking to Defy a Recession. That Could Drive the Stock Higher. | BR
US
Biggest Pay Raises Went to Black Workers, Young People and Low-Wage Earners | W
String of Classified Document Discoveries Seen Tarnishing White House | W
Best real estate markets to buy a home in 2023 | C
China
China’s Property Market Needs to Find Its Footing | BR
China’s Reopening Complicates Global Fight Against Inflation | W
Geopolitics & trade
How Nafta and the USMCA Could Help U.S. Labor Shortages | BR
Apple looking to boost iPhone production in India to 25%: Minister | C
Industries & companies
Communications Services: Google employees scramble for answers after layoffs hit long-tenured | C
Financials: Exclusive: Goldman Sachs to cut asset management investments that weighed on earnings | R
Financials: Bank of America, JPMorgan and other banks reportedly team up on digital wallet to rival Apple Pay | C
Media: Disney’s troubles show how technology has changed the business of culture | E
Media: ‘M3gan’ box office success sets stage for scary good year in horror | C
Tech: Tech Layoffs Unwind Recent Head-Count Growth, Torpedo Long-Shot Projects | W
Beyond markets
Excess deaths are soaring as health-care systems wobble | E
How to sell to the young | E
