November 6 (Monday)
Latest Morning Briefing Executive Summary: Throwing Caution To The Wind
Last week brought epic rallies in both the stock and bond markets. We think the stock market’s correction is over and that the S&P 500 is back on track to end the year at 4600. All 11 sectors gained ground last week, many enjoying their best week in nearly a year. … As for the bond market rally that carried the 10-year Treasury bond yield down to a more comfortable distance from 5.00%, the wave of buying had multiple drivers. Nevertheless, beware of the Bond Vigilantes. … Also: Recent economic news supports our Immaculate Disinflation theory.
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YRI
Daily Markets Overview
Replay of Dr. Ed’s webinar on October 30.
Markets
Stock and Bond Rallies Could Thwart hopes for Rate Cuts | BR
Markets think interest rates could stay high for a decade or more | E
Markets Got an Unexpected Boost From Washington. Will It Mark a Turning Point? | W
Wealth Is Shifting. To Cope, Individuals Need to Start Investing Like Institutions. | BR
Russia to continue voluntary cut of oil and oil product exports until year-end | R
Global
The world economy is defying gravity. That cannot last | E
US
Breaking Down the Best Earnings Quarter in a Year | W
Housing Crisis Gets Worse for Americans on Mortgage Lock-In Effect | B
Cash Buyers Are Giving the Luxury Home Market a Major Pick-Me-Up | Mansion Global
The Fun Things in Life Are Giving Us Buyer’s Remorse | W
RMDs: These Are the New Rules About Required Withdrawals From IRAs | BR
Work Absences Due to Child Care Problems Jumped in October | BR
Japan
Japan Has Fallen Far Behind in the Chipmaking Business. It’s Plotting a Comeback. | BR
Industries & companies
Autos: GM expected to invest $13 billion in U.S. plants under new UAW deal | C
Pharma: Vertex Pain Pill Could Replace Opioids. It’s an Opportunity for Investors. | BR
Retail: Amazon and Walmart’s Surprising Hiring Plans for the Holidays | BR
Tech: Apple, Tesla Give Cautious Outlooks as Big Tech Growth Status in Doubt | B
Artificial Intelligence
AI Is About to Remake the PC. Dell, HP Stock Look Like Buys. | BR
