February 18 (Saturday)

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.

Markets
S&P 500 ends down as investors fret about interest rates | R
The S&P 500 Is The Most Popular And Overpriced Benchmark In The World | FO
The stock market’s pullback is healthy | MW
401(k) balances dropped 20% in 2022 but investors barely flinched | C
Why a Strong Economy Is Making Stock Investors Jittery | N

Central banks
Fed’s Barkin Supports Measured Pace of Interest-Rate Increases | W
Bringing the United States Economy Back into Balance | IMF
Philip R Lane: The euro area hiking cycle – an interim assessment | BIS

US
U.S. Households Lifting Economy After Being Stung by Inflation Last Year | W
It’s a Richcession, Not a Recession. Here’s Your Investing Playbook. | W
Far-right Republican groups surge in swing state Michigan | R
What CEOs Are Getting Wrong About the Future of Work—and How to Make It Right | W

Emerging
China’s Angry Pensioners Are Symptomatic of Deeper Problems | W
India’s PM Modi Comes Under India Opposition Fire Over Adani Links | B
George Soros Says Adani’s Hindenburg Crisis May Spark India Democracy Revival | B

Geopolitics & trade
Pentagon’s top China official travels to Taiwan, sources say | R
U.S. military completes recovery of Chinese balloon, now analyzing its ‘guts’ | R
TikTok Commits to Two New Data Centers in Europe | W

Industries & companies
Autos: Ford F-150 Lightning had separate battery issue before fire | C
Communications Services: How Google Ran Out of Ideas | The Atlantic
Consumer Discretionary: Amazon employees asked to be in office three days a week: Andy Jassy | C

Technology
Why a Conversation With Bing’s Chatbot Left Me Deeply Unsettled | N
ChatGPT and Automation Come to Knowledge Work | City Journal
Microsoft Defends New Bing After AI Chatbot Offers Unhinged Responses | W
Jasper generative AI conference in San Francisco: What was it like? | C
ChatGPT Is a Blurry JPEG of the Web | The New Yorker

Climate
Why America’s outdated energy grid is a climate problem | C