April 10 (Monday)

Latest Morning Briefing Executive Summary: It Still Looks & Walks Like A Duck
The tug-of-war between the hard-landers and the soft-landers continues. The twists and turns of recent economic-outlook-impacting events have been taking investors for a ride, but our stance remains steadfastly fixed on one outcome: a soft landing of the broad economy with mini recessions continuing to roll through various sectors. … Friday’s labor market report supports our soft-landing thesis. … While hard-landers think the banking crisis will trigger a credit crunch, causing a recession, we doubt it—believing that scenario will be avoided by the actions taken by the Fed and FDIC. … And: Dr. Ed reviews “Tetris” (+ + +).
(subscribers’ link)

YRI
Daily Markets Overview
Replay of Dr. Ed’s webinar on April 3.

Markets
Investors View Corporate Earnings Season as Next Test for Stocks | W
How to Pick the Right Growth Stock Funds Now | BR
Muni Money-Market Fund Yields Hit 4% | BR
Saudi Arabia-Led Oil Cuts Run Into Gusher of Alternative Supplies | W
Column: China and India keep Asia’s crude oil imports robust in March | R

Central banks
Column: Another Fed milestone? Policy peak with negative real rates | R

US
March Jobs Report Shows Hiring Gradually Cooling | W
What the jobs report means for the economy, recession, and you | Vox
Food Prices Are New Inflation Threat for Governments and Central Banks | W
For Some Trump Voters, Legal Drama Is Latest Reason to Move On | W
America Is Back in the Factory Business | W
More Workers Take Parental Leave as States, Employers Expand Eligibility | W
Car Breakdowns Are Making More People Fall Behind on Their Loans | W

China
How to Invest in China Now | BR

Geopolitics & trade
China simulates striking Taiwan on second day of drills | R

Industries & companies
Autos: Ford and GM Stock Are ‘Exceptionally Undervalued,’ Says Value-Investing Star | BR
Autos: Tesla to build Shanghai factory to make Megapack batteries | R
Banks: Declines in Loan Values Are Widespread Among Banks | W
FinTech: Buy Jack Henry Stock. The Fintech Is a Safer Way to Invest in Banks. | BR
Real Estate: The coming commercial real estate crash that may never happen | C
Tech: As Tech Jobs Disappear, Silicon Valley Veterans Reset Their Careers | W
Tech: These Tech Workers Say They Were Hired to Do Nothing | W
Tech: Microsoft’s complex bet on OpenAI brings potential and uncertainty | C

Corporate finance
Private Equity’s Food Binge Goes Sour | W
 
Climate
EPA reportedly planning to announce significant limits on tailpipe emissions | C

Beyond markets
Why Gen Z Is Saving More for Retirement Than Previous Generations | BR