March 09 (Thursday)

Latest Morning Briefing Executive Summary: China, Defense & AI Videos
China’s economy has recovered after the country lifted its zero-Covid lockdowns. But that news has been eclipsed by the rising geopolitical tensions between the US and China. Jackie examines the escalating tensions. … Also: A look at projected defense spending in the US and China and how the S&P 500 Aerospace and Defense industry’s stock price index has been faring after a super-strong 2022. … Finally, our Disruptive Technologies segment focuses on how AI is transforming the production of movies and video games.
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YRI
Daily Markets Overview
Replay of Dr. Ed’s webinar on March 6.

Markets
Powell changed everything this week on market’s view of interest rates | C

US I
Here’s Why the Economy Seems Weird | W
US weekly jobless claims post largest rise in 5 months; labor market still tight | R

US II
Biden’s $6.8 trillion budget challenges Republicans, raises taxes on rich | R
Biden’s Budget Sets Up Battle With GOP, Would Cut Deficits by $3 Trillion Over 10 Years | W
President Biden’s proposed 2024 budget calls for top 39.6% tax rate | C
Biden’s proposed NASA budget for 2024 increases funds to $27.2 billion | C
How Team Biden is getting more and more corporations to do its bidding | P

China
China’s Inflation Rate Slows to One-Year Low, Casting Doubt on Recovery | W

Europe
Europe’s Next Gas Crisis by Edoardo Campanella | Project Syndicate

Geopolitics & trade
Denmark investigates yacht linked to Nord Stream blasts | R

Industries & companies
Airlines: Biden proposed FAA budget for 2024 increases funding | C
Autos: General Motors to Offer Voluntary Buyouts | W
Financials: Silicon Valley Bank shares slide on stock-sale plan to cope with cash burn | R
Media: Disney CEO Bob Iger wants fresh Marvel superhero slate | C

Beyond markets
Elon Musk Is Planning a Texas Utopia—His Own Town | W