August 19 (Saturday)
Latest Morning Briefing Executive Summary: China, Consumers & Alzheimer’s Breakthroughs
China’s property development companies are going bankrupt left and right, with real estate prices tanking and monthly residential property sales their slowest in a decade. What China needs is a US-style restructuring of its real estate market. Jackie surveys the past week’s wreckage. … Also: Consumers these days! They know what they want: Amazon products, Teslas, newly built homes, and travel. Related stocks did the heavy lifting to hoist the S&P 500 Consumer Discretionary stock price index 32% ytd. … And: Can Baby Boomers forget about getting Alzheimer’s? Maybe someday if some of the many ongoing R&D efforts targeting its eradication succeed.
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YRI
Daily Markets Overview
Replay of Dr. Ed’s webinar on August 14.
Markets
Stocks Finish Lower for the Week, Deepening Their August Slump | W
Stock Rally Detractors Find It Hard to Resist Bond Math Allure | B
Where Investors Are Finding Returns in a World of Yield | W
Column: Good, bad and ugly in renewed bond rout | R
Brics Currency? Global Yuan? The Dollar Isn’t Under Threat from Abroad. | BR
China Pain Set to Spread, Putting Global Stock Managers on Guard | B
A Progressive’s Case for Getting Rid of ‘ESG’ | W
Central banks
Jackson Hole Is Jerome Powell’s Big Moment. What to Expect From His Speech. | BR
US
US Consumers Near Day of Reckoning as Pandemic Cash Stash Shrinks | B
Europe
Is Germany once again the sick man of Europe? | E
China
China’s economic malaise is causing disillusion among the young | E
China Is Tops in Exporting Gas Guzzlers. Don’t Count EVs Out. | BR
India
India imposes 40% export duty on onions with immediate effect | R
Geopolitics & trade
U.S. Plans New Tariffs on Food-Can Metal From China, Germany and Canada | W
The Asian Retailer Outgunning Amazon and Walmart in South Africa | B
Industries & companies
Autos: EV Start-Up VinFast Had a Hot Debut. Its Stock Price Is Indefensible. | BR
Autos: How gas station economics will change in the EV charging future | C
Consumer: Kraft Heinz Sees a $25 Billion Opportunity. It Starts With Lunchables. | W
Grocery stores: Aldi Winn Dixie deal: Why the German grocer is expanding in the U.S. | C
Pharma: Buy Moderna and BioNTech Stock. Both Pharmas Have Strong Drug Pipelines and Plenty of Cash. | BR
Tech: Google faces criticism of plan to purge inactive accounts | C
Tech: iPhone 15 USB-C charging would be biggest upgrade in years | C
Corporate finance
Who Is the Mogul Bidding for U.S. Steel | W
Artificial Intelligence
AI Is the Real Deal—if You Understand It: Barron’s Roundtable | BR
The clash of sustainability and AI is creating a challenge for Dell, IBM and others | C
Beyond markets
When to Get Your Covid Booster, Flu Vaccine or RSV Shot This Fall | W
