August 05 (Saturday)
Latest Morning Briefing Executive Summary: Oil, Cat & Flying Cars
With US economic growth so strong and OPEC so disciplined, oil inventories are rapidly depleting. The surpluses that have tethered global oil prices over the past year will disappear next year as consumption overtakes production, forecasts the EIA. Jackie examines the reasons and the recent performance of the S&P 500 Energy sector and its component industries. … Also: The US economy’s vitality was evident in Caterpillar’s remarkable Q2, a testament to the strength of demand for building new homes, mining minerals, and constructing factories. … And in our Disruptive Technologies segment: Will cars ever fly?
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YRI
Daily Markets Overview
Replay of Dr. Ed’s webinar on July 31.
Markets
Stock Market’s Weekly Loss a Warning Shot to Investors | WSJ
Stocks Have Had a Great Year. Cue the September Effect. | WSJ
Stocks, Treasuries, Commodities Sold Off This Week | B
US
JPMorgan backs off recession call even with ‘very elevated’ risks | C
A Goldilocks Job Market Is in Sight | WSJ
U.S. Adds 187,000 Jobs in July as Economy Cools | N
A 5% US Mortgage Rate Is Seen as Tipping Point to Unlock Supply | B
Back to school shopping: Prices rise for backpacks, notepads, pens | C
China
China Pleases Parents With Plan to Limit Kids’ Smartphone Use | WSJ
Geopolitics & trade
GOP hopeful Chris Christie surprise trip to Ukraine, visits Zelenskyy | C
China Embassy in Moscow Rips Russia Border Entry-Denial Incident in Rare Move | B
Russia says JPMorgan stops processing its grain payments | R
Industries & companies
Communications Services: Google offers on-campus hotel ‘special’ to lure workers back in | C
Media: ‘Barbie’ box office nears $1 billion heading into third weekend | C
Pharma: First Pill for Postpartum Depression Is Approved by FDA | WSJ
Corporate finance
Exclusive: UBS nears major investment bank restructuring | R
Technology
Why ChatGPT Is Getting Dumber at Basic Math | WSJ
When A.I. Lies About You, There’s Little Recourse | N
Climate
Heat Pumps, Electric Cars, Home Solar: The Climate Dads Have Arrived | B
