March 30 (Thursday)

Latest Morning Briefing Executive Summary: Financials, Semis & The Fountain Of Youth
Financial companies have had it rough lately, but those involved in the capital markets should benefit from easy y/y comparisons this year. Jackie recaps takeaways from Jeffries’ fiscal Q1 earnings, as the early reporter may be a bellwether for the industry, as well as industrywide data and analysts’ expectations for the S&P 500 Investment Banking & Brokerage industry. … Also: The semiconductor industry downturn may finally be ending, says Micron Technology’s CEO. But semiconductor investors are already focused on 2024’s better growth prospects. … And in our disruptive technologies spotlight: a breakthrough in anti-aging science.
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YRI
Daily Markets Overview
Replay of Dr. Ed’s webinar on March 27.

Markets
Ed Yardeni says the S&P 500 can rally by double digits to end the year at 4,600 | C

Banks
Will Bank Turmoil Tank the Economy? | N
A Rapid-Finance World Must Ready for a Slow-Motion Banking Crisis | W
White House to Call for New Midsize Bank Rules After SVB, Signature Failures | W
SVB hearing: House lawmakers tear into top bank regulators in second hearing this week on collapse | C
Who Is Sergio Ermotti? The Banker Tasked With Saving Swiss Banking | W

US
US mortgage refinancings hit 6-month high on rates drop, MBA says | R
Donald Trump is back on social media, and now what happens? | C
Trump grand jury in New York expected to take month off | C

Geopolitics & trade
Taiwan’s President Lands in the U.S. Amid Threats From China | W
U.S. Pushes for Business Investment in Africa to Counter China’s Reach | W

Industries & companies
Airlines: JetBlue to trim New York flights because of FAA staffing shortages | C
Media: Disney, Microsoft Say Meh to the Metaverse | W
Media: Disney Lays Off More Than 300 Streaming-Focused Employees in China | W
Media: Republican Senator Rand Paul opposes TikTok ban push in Congress | R
Tech: Big Tech Companies Are Testing How Far They Can Slash Staff | Vanity Fair
Tech: Apple announces WWDC 2023, new iOS expected | C
 
Technology
Generative AI Is Already Changing White Collar Work As We Know It | W
Generative AI Tools Use Custom Data to Power More Business Functions | W

Climate
We’re halfway to a tipping point for melting the Greenland Ice Sheet | C

Beyond markets
Exxon’s Climate Opponents Were Infiltrated by Massive Hacking-for-Hire Operation | W