December 08 (Friday)
Latest Morning Briefing Executive Summary: Onshoring, Acquisitions & Octopus
Federal incentives promoting the onshoring of manufacturing plants have certainly hit their mark in Arizona and New York. Both states are sprouting new regional semiconductor manufacturing ecosystems, Jackie reports, dramatically boosting local economic development. … Also: Financial firms with investment banking operations report a pickup in M&A, a trend that should only accelerate when the interest-rate environment stabilizes. … And our Disruptive Technologies focus today is on Octopus Energy, a British company with an innovative business model that rewards green electricity consumption.
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YRI
Daily Markets Overview
Replay of Dr. Ed’s webinar on December 4.
Markets
Wall Street touches four-month high after jobs data | R
U.S. Treasury yields: investors look to U.S. jobs report | C
Central banks
Fed pivot to interest-rate cuts seen likely to start in May | R
Double Trouble: Investors Fight the Fed on Two Fronts | W
US I
U.S. Consumer Confidence Jumps in December as Inflation Pressure Eases | W
Jobs report November 2023: U.S. payrolls rose 199,000 unemployment rate falls to 3.7% | C
Economy’s Soft Landing Comes Into View as Job Growth Slowly Descends | W
Solid US job growth, drop in unemployment rate underscore labor market resilience | R
Here’s where the jobs are for November 2023 in one chart | C
US II
Inflation expectations plunge in closely watched University of Michigan survey | C
‘Excess profits’ of big firms have driven up inflation, report claims | C
Why is buying a house in the US so hard right now? | Vox
China
How China Made a Youth Unemployment Crisis Disappear | W
Geopolitics & trade
Putin says he will run for re-election in March; U.S. aid hangs in balance after failed vote | C
Industries & companies
Autos: Falling EV prices could hinder adoption, experts say | C
Technology
Google weighing ‘Project Ellmann,’ uses Gemini AI to tell life stories | C
Beyond markets
Casgevy: First CRISPR gene-editing treatment approved in U.S. | C
