October 6 (Friday)
Latest Morning Briefing Executive Summary: Copper, Travel & AI
Investors worried about US inflation might want to take a look at copper prices, which have fallen ytd. Copper faces gleaming long-term fundamentals, with global demand poised to soar as the EV and other electrification markets take off. But the commodity’s recent price action has been dulled by investors’ economic pessimism. … Also: Jackie examines what’s been grounding the stock price indexes of most travel-related industries. … And: AI’s transformative reach extends way beyond OpenAI and Bard. A look at some startups’ popular AI offerings.
(subscribers’ link)
YRI
Daily Markets Overview
Replay of Dr. Ed’s webinar on October 2.
Markets
Stock Market News Today: Dow, S&P 500 Open Lower After Jobs Report Comes in Hot | W
Wall Street drops after jobs data, eyes weekly losses | R
Why Wall Street investors are freaking out | NN
‘Magnificent Seven’ returned 92% this year, but it’s risky for markets | C
The Bond Market’s Message | W
Central banks
US job growth smashes expectations raising prospects for rate hikes | R
Monetarism Is Back. It May Not Last. | W
US
Jobs report September 2023: Payrolls soared by 336,000 in September | C
Here’s where the jobs are for September 2023 — in one chart | C
Here’s a Historical Look at U.S. Employment by Sector | W
Inflation is ‘always going to be a risk,’ ADP chief economist says | C
The needless panic about government debt | The Hill
If Trump Wants to Be Speaker, He’ll Need a House Seat | W
Why borrowing costs for nearly everything are surging | C
Geopolitics & trade
China Is Becoming a No-Go Zone for Executives | W
Industries & companies
Autos: UAW Strike Enters Fourth Week, Companies Brace for More Walkouts | W
Autos: U.S. Treasury details EV tax credit rebate rules | C
Autos: Tesla cuts Model 3, Model Y prices in the U.S. after deliveries fall | C
Health Care: US FDA still not satisfied with Philips recall; stock falls over 9% | R
Corporate finance
Fall of the zombies? Why corporate failures could surge in 2024 | R
Companies Borrow Against Their Assets in an Uncertain Economy | W
Exxon Mobil Closing In on Megadeal With Shale Driller Pioneer | W
