February 16 (Thursday)
Latest Morning Briefing Executive Summary: Industrials, Chinese Spies & MIT’s Picks
Three pieces of recent legislation incentivize manufacturers to produce their goods on US soil, and the amount being spent on the construction of new factories has risen sharply, presumably in response. Jackie examines the projects planned by three such companies—a solar panel maker, a semiconductor manufacturer, and Ford Motor. … Also: We recap the DOJ’s recent efforts to stop Chinese spies intent on stealing US technology and defense secrets. … And: A look at several innovations on MIT’s short list of life-changing new technologies.
(subscribers’ link)
YRI
Daily Markets Overview
Replay of Dr. Ed’s webinar on February 13.
US I
GDPNow – Federal Reserve Bank of Atlanta | Atlanta Fed
U.S. Retail Sales Rebounded Sharply in January | W
Highest Profits Since 1950 Helped Employers Hoard Jobs. Now, They May Reverse | B
Half of US Job Switchers Beat Inflation With Wage Bump in 2022 | B
Solving the puzzle of high inflation, weak growth and low unemployment | The Hill
US II
Opinion | Why are so many Americans sour on the economy? Look at this new data. | WP
Opinion | Don’t believe what anyone says about the economy. Including me. | WP
What Is Pushing the National Debt to Its Limit? | W
Gen Z isn’t interested in driving. Will that last? | WP
China
China’s shrinking working-age population to send ripples through global economy | South China Morning Post | SCMP
Analysis: Why China’s reopening isn’t inflationary | R
Oppo Find N2 Flip: Specs, price, availability | C
Europe
First Brexit, Then Bregret. Is It Too Soon for Reconciliation? | B
Flying objects
U.S., China Diplomats See Chance to Clear the Air Over Balloon | W
Biden plans to deliver his most extensive remarks yet about the aerial objects the military shot down | C
China Warns US That Rising Tensions Over Balloon Could Jeopardize Talks | B
Geopolitics & trade
China sanctions Lockheed Martin, Raytheon over Taiwan arms sales | R
China’s New Tech Czar Lays Out Plan to Transcend US Sanctions | B
India to Build All-Weather Road to Carry Troops to Its Disputed Area with China | B
Industries & companies
Autos: Charlie Munger says BYD is far ahead of Tesla in China | C
Autos: Ford Says Battery Fire Behind Lightning Production Pause | W
Financials: Banks Are Breaking Up With Crypto During Regulatory Crackdown | W
Corporate finance
Rise of zombie VCs haunts tech investors as startup valuations plunge | C
Technology
Google asks employees to rewrite Bard’s incorrect responses to queries | C
Crypto
Bitcoin (BTC) price surges as crypto market gains $84 billion in value | C
