September 09 (Saturday)

Latest Morning Briefing Executive Summary: Oil, China & The Ocean
Oil prices have spurted skyward in recent months and recent days, as intended by the production cuts instituted by Saudi Arabia and Russia. The S&P 500 Energy sector’s share price index has spurted in sympathy, outperforming its counterparts this summer. Jackie looks at the countervailing forces affecting the global oil supply, including Saudi Arabia’s budget pressures and rising US oil production. … Also: China’s economy is not doing well despite the stimulative efforts of its government and default-avoidance efforts of its largest property developer. … And: An update on The Ocean Cleanup’s daunting mission.
(subscribers’ link)

YRI
Daily Markets Overview
Replay of Dr. Ed’s webinar on September 5.

Markets
Moves to Make as Stock Market Risks Look Worse | BR
A New Stock Market High Looks Far Away. There’s a Lot at Stake. | BR
Commodities Funds Are a Buy Now. The Price Is Right. | BR

Central banks
The Problem With Data Dependence Is Faulty Data. Just ask the U.K. | BR

US
U.S. Consumers Are Flush With Cash. They Don’t Feel That Way. | BR
The Job Market Boom Is Over. Here’s Why and What It Means | W
Why More Americans Are Working in Their 80s | BR
Some Gen Z Are Not Going to College Amid Rising Tuition | BI
A Huge Threat to the U.S. Budget Has Receded. And No One Is Sure Why. | N

Europe
Who Will Save Europe’s Economy? | W

China
The Belt and Road, as seen from China | E
China’s Belt and Road Initiative will keep testing the West | E

Geopolitics & trade
U.S., India, Saudi, EU unveil a massive rail, ports deal at G20 | C
China think tank says India is ‘sabotaging’ G20 for its own agenda | R
China’s Top Diplomat to Skip U.N. Assembly, Raising Doubts About Possible Xi Visit to U.S. | W
How the U.S. Stumbled Into Using Chips as a Weapon Against China | W

Industries & companies
Consumer: 6 Beaten-Down Food Stocks to Buy Now | BR
Financials: Banks Are in a Rut. A Buyout Wave Could Be Building. | BR

Technology
M.B.A. Students vs. ChatGPT: Who Comes Up With More Innovative Ideas? | W
Meta’s VR technology is helping to train surgeons and treat patients | C

Crypto
What it’s like in Europe’s crypto hub Portugal as the U.S. cracks down | C