Dr. Ed's Blog

May 17 (Monday)

YRI

Dr. Ed’s latest video podcast

Daily Markets Overview
Today’s Morning Briefing

Markets I

Stocks Rise to End Turbulent Week of Trading | W

Stay-at-Home Stocks Have Been Crushed. Here Are Ones That Could Still Win Long Term. | BR

Markets II

Income Investors, Meet GARY: It Brings Growth and Reasonable Yield | BR

Why Rising Inflation Will Continue to Boost Lumber, Copper, and Steel | BR

Investments to Buy as Inflation Rises: Oil Stocks, Baseball Cards, Luxury Watches and Other Hedges | BR

Central banks

Central Banks Jump Into Climate-Change Policy Fray | W

US I

Consumer-price inflation in America jumps up to 4.2% | E

Inflation Is Here and Hotter Than It Looks. What It Means For You. | BR

Inequality Would Widen if U.S. Policies Spur Sustained Inflation | W

Here’s What Could Stop Inflation in Its Tracks | BR

US II

The coming global economic boom could have a sting in the tail | E

Companies Are Flush With Cash—and Ready to Pad Shareholder Pockets | W

States are ending federal unemployment benefits early. Here’s what to know and what’s at stake | C

In America, a million evictions take place in a normal year | E

Afternoons Are the New Rush Hour in the Suburbs | W

China

China’s census shows its population is nearing its peak | E

Geopolitics & trade

Israel air strikes kill 42 Palestinians, rockets fired from Gaza | R

U.S. trade chief pressured to lift duties on Canadian lumber | R

Industries & companies

Energy: Colonial Pipeline resumes normal operations after hack, but many gas stations still face shortages | C

Media: AT&T in Talks to Combine Media Assets, Including CNN, With Discovery | W

Pharma: Are drug patents worth it? | E

REITs: KKR and Blackstone REITs Will Benefit From the Reopening | BR

Retail: Retailers Try to Solve Labor Imbalances by Retraining Staff | W

Tech: Behind the Epic-Apple Trial Is a Booming App Market Worth Fighting Over | W

Virus

There have been 7m-13m excess deaths worldwide during the pandemic | E

Ten million reasons to vaccinate the world | E

How can more covid-19 vaccines be made available? | E

A worrying new wave of covid-19 is hitting South-East Asia | E

CDC director defends telling fully vaccinated they can go without masks amid confusion in states, cities | C

Offbeat

Park visits predict changes in birth rates during the pandemic | E

May 15 (Saturday)

YRI

Dr. Ed’s latest video podcast

Daily Markets Overview
Today’s Morning Briefing

Markets

Stocks Rise to End Turbulent Week of Trading | W

Commodities Boost Economic Recoveries, Mirroring Aftermath of Financial Crisis | W

US

U.S. retail sales pause, record savings seen supporting spending | R

U.S. Shoppers Continued Stimulus-Fueled Spending in April | W

U.S. import prices increase solidly in April | R

The U.S. Economy Is Back. Businesses Aren’t Ready. | W

Less than 3% of U.S. small businesses could face tax hikes under Biden plan -White House | R

San Francisco tech companies are sitting on record amounts of empty office space and offering perks to lure tenants | C

Geopolitics & trade

Israeli-Palestinian Strife Widens as Frantic Calls for Calm Go Unheeded | N

Israel’s New Challenge: Violence Among Its Own Citizens | W

U.S. tariff review considers commodity shortages, inflation -official | R

Corporate finance

IPO Market Faces a Critical Juncture | W

Payment tech company Marqeta files for IPO as value tops $16 billion on private markets | C

Virus I

CDC cheered and criticized for new mask guidance; retail workers don’t want to be vaccine ‘police’ | C

New Jersey will still require masks indoors despite new CDC guidelines | C

Walmart drops store mask requirement for customers, employees who are fully vaccinated | C

Shoppers and diners, here’s why you shouldn’t expect masking rules to change overnight | C

Virus II

Parents Rush to Get Covid-19 Vaccines for Their Children | W

Covid variant from India more transmissible and threatens England lockdown easing, Boris Johnson says | C

Cryptocurrency

The IRS Is Coming for Crypto Investors Who Haven’t Paid Their Taxes | W

Offbeat

BlackRock Plans Staff Return in September, With Some Remote Work | B

May 14 (Friday)

YRI

Dr. Ed’s latest video podcast

Daily Markets Overview
Today’s Morning Briefing

Markets

Stocks Rise, Snapping Three-Day Losing Streak | W

Cramer: New mask rules mean drop lockdown stocks for reopening plays | C

Central banks

Fed’s Waller Says Inflation Jump Likely Temporary, Urges Patience | W

US I

U.S. Jobless Claims Fall to Another Pandemic Low | W

Amazon, McDonald’s, Others Woo Scarce Hourly Workers With Higher Pay | W

Inflation Is Here. What Now? | N

Home prices are skyrocketing around the world | NN

US II

Biden Asks Republican Senators to Bring Him Reworked Infrastructure Proposal | W

As Trillions Flow Out the Door, Stimulus Oversight Faces Challenges | N

Geopolitics & trade

Israel Begins Ground Operations Against Hamas in Gaza | W

Industries & companies

Autos: GM to begin production of new driverless Cruise vehicle in early 2023 | C

Autos: Tesla’s Musk Renews Critique of Bitcoin, Talks Up Dogecoin | B

Financials: JPMorgan, Others Plan to Issue Credit Cards to People With No Credit Scores | W

Media: Disney+ subscriber growth slowing like Netflix, with much lower ARPU | C

Virus

Doctor says new CDC mask rules allow ‘vaccinated people can go back to normal’ | C

CDC says fully vaccinated people don’t need to wear face masks indoors or outdoors in most settings | C

CDC still requires masks for air, train and bus travel, despite new guidance | C

Vaccine Patent Waivers Deserve a Warning Label | W

Cybersecurity

Colonial Pipeline paid $5 million ransom to hackers | C

Colonial Pipeline Begins Restart: Latest News on the Shutdown | N

Cryptocurrency

Elon Musk Has Lost $20 Billion Since Hosting ‘Saturday Night Live’ | yahoo.com

Ethereum Luminary Makes $1 Billion Covid-19 Gift—in Shiba Inu Coin | W

Coinbase CFO on crypto investors, dogecoin and growing competition | C

May 13 (Thursday)

YRI

Dr. Ed’s latest video podcast

Daily Markets Overview
Today’s Morning Briefing

Markets

Stocks Extend Slide on Inflation Data | W

Inflation spooks stocks and raises fear the Fed is wrong on price hike | C

Treasury Yields Climb Following Consumer-Price Data | W

Central banks

Fed’s Clarida ‘Surprised’ by Inflation Report, But Stresses Need to See More Data | W

Analysis: What U.S. inflation signs would cause Fed to change course? | R

US I

April’s inflation surge wasn’t as drastic as it looked, but the real test is still ahead | C

Consumer Prices Jumped as Economic Recovery Picked Up | W

Meet The Inflation Profiteers | Forbes.com

Housing-Market Surge Is Making the Cheapest Homes the Hottest | W

US II

U.S. Ran Record $1.9 Trillion Budget Deficit in First Seven Months of Fiscal Year | W

Republicans Reject Tax Increases After Biden Infrastructure Talks | W

Biden sees infrastructure compromise, despite Republican ‘red line’ on taxes | R

Secret Service seizes $2 billion in fraudulent Covid unemployment payments, returns funds to states | C

Geopolitics & trade

Hamas hits deep in Israel, which vows to keep pummelling Gaza | R

China Weighs New Economic Envoy to U.S. | W

Industries & companies

Financials: European banks: Q1 full house is no winning hand just yet | R

Corporate finance

Hertz shares surge by more than 50% after selecting $6 billion turnaround bid | C

Cybersecurity

Colonial Pipeline restarts after hack, but supply chain won’t return to normal for a few days | C

Biden signs executive order to strengthen cybersecurity after Colonial Pipeline hack | C

DarkSide, hacker group behind pipeline attack, claims three new victims | C

Virus

Covid in India: Variant and Deaths Spur New Lockdowns as Crisis Grows | B

CDC Recommends Pfizer-BioNTech Covid-19 Vaccine for 12- to 15-Year-Olds | W

CDC says 28 blood clot cases, 3 deaths may be linked to J&J Covid vaccine | C

Mixing Astra and Pfizer Shots Triggers More Fatigue, Headaches | B

Ohio ending Covid mask mandate June 2, sets up vaccine incentives | C

Offbeat

Elon Musk says Tesla will stop accepting bitcoin for car purchases | C

Janus Global Bonds Head Nick Maroutsos Succeeded Bill Gross, Leaving for Family | B

Cheating at School Is Easier Than Ever—and It’s Rampant | W

May 12 (Wednesday)

YRI

Dr. Ed’s latest video podcast

Daily Markets Overview
Today’s Morning Briefing

Markets

Stocks Fall as Dow Posts Worst Day Since February | W

Stock futures are flat after Dow’s worst day since February | C

Asia shares wallow near one-month lows on inflation anxiety | R

Central banks

Fed’s Bullard says ‘it’s too early to talk taper’ while the pandemic continues | C

Fed’s Brainard and Other Central Bankers Affirm Steady Monetary Policy Stance | W

Fed officials sift through tea leaves of weak U.S. jobs report | R

US I

Inflation: April’s CPI data could show a massive year-over-year gain | C

Inflation watch: Credit Suisse’s Golub on latest data and market moves | C

Bridgewater Founder Ray Dalio Raises Inflation Concerns Over Federal Spending | W

US II

U.S. Job Openings Reach Record as Hiring Slows | W

Missouri, Tennessee join U.S. states cutting pandemic payments | R

Unemployed Americans worry about getting cut off from benefits early | C

As the U.S. economy restarts from the pandemic, parts of it are severely broken | C

Americans Up and Moved During the Pandemic. Here’s Where They Went. | W

China

China’s Census Highlights Its Looming Population Problem | W

Geopolitics & trade

Israel, Hamas Prepare for Wider Conflict as Fighting Intensifies | W

Businesses beware: The ghost of Hong Kong should be a warning | TheHill

Industries & companies

Financials: Credit-Card Debt Keeps Falling. Banks Are On Edge. | W

Cybersecurity

Colonial: Spot gas shortages may worsen if pipeline doesn’t reopen soon | C

Pipeline Shutdown Has East Coast Drivers Making a Run on Gas | W

Beyond Colonial Pipeline, Ransomware Cyberattacks Are a Growing Threat | W

Technology

Google Plans to Double AI Ethics Research Staff | W

Virus

Covid-19 Vaccine Data on Children Under 12 Expected by Late Fall, Officials Say | W

Abbott CEO says it has a team of ‘virus hunters’ on new Covid variants | C

‘CDC’s credibility is eroding’ amid conflicting mask guidance, ex-Obama official says | C

May 11 (Tuesday)

YRI

Dr. Ed’s latest video podcast

Daily Markets Overview
Today’s Morning Briefing

Markets

Nasdaq futures slip after Big Tech selling pushes stocks off records | C

China Is Hot Again as Foreign Bond Buyers Yearn for Yield | B

Corn Is the Latest Commodity to Soar | W

Cybersecurity

How the Colonial Pipeline Became a Vital Artery for Fuel | N

Hacking group DarkSide responsible for Colonial Pipeline shutdown | C

Biden prepared to take additional steps after Colonial Pipeline ransomware attack | C

US

Biden Disputes Argument That Enhanced Unemployment Benefits Are Hampering Economy | W

Joe Biden addresses unemployment insurance after April jobs report | C

Biden Administration to Start Doling Out $350 Billion in Aid to State, Local Governments | W

Yellen’s goof hands GOP a potent campaign issue | TheHill

Policymakers Used to Ignore Child Care. Then Came the Pandemic. | N

China

When Covid Hit, China Was Ready to Tell Its Version of the Story | N

Japan

Japan March household spending posts biggest monthly rise in 18 months | R

Japan Urged to Push Pension Funds to Adopt ESG Principles | B

Geopolitics & trade

U.S. Ship Fires Warning Shots at Iranian Boats in Hormuz Straits | W

Industries & companies

Autos: Looking to Buy a Used Car? Expect High Prices, Few Options | W

Biotech: BioNTech’s Covid-19 Vaccine Success Sparks Investments in German Biotech | W

Hotels: Marriott Points to Rising Demand Amid Covid-19 Vaccine Rollout | W

Restaurants: Restaurants are ‘sucking wind’ but battling back amid worker shortage | C

Retail: Mall owner Simon’s CEO sees shopper ‘euphoria’ as people return to stores| C

Virus

Pfizer Covid vaccine: FDA clears use in kids ages 12 to 15 | C

WHO classifies triple-mutant Covid variant from India as global health risk | C

Seychelles, the World’s Most Vaccinated Nation, Sees Renewed Covid-19 Surge | W

May 10 (Monday)

YRI

Dr. Ed’s latest video podcast

Daily Markets Overview
Today’s Morning Briefing

Markets & Cryptocurrency

Stocks Climb as S&P 500, Dow Hit Records | W

What Happens to Stocks and Cryptocurrencies When the Fed Stops Raining Money? | W

The digital currencies that matter | E

Dogecoin price plummets as Elon Musk hosts Saturday Night Live | C

SpaceX accepts Dogecoin payment for DOGE-1 mission to the moon | C

The Mortgage Boom Is Fading | W

Cybersecurity

Ransomware attack forces shutdown of largest fuel pipeline in the U.S. | C

U.S. government working to help top fuel pipeline operator after cyberattack | Reuters

Central banks

ECB Official Calls for Accepting Inflation Overshoot, FT Reports | B

Fed’s Kashkari Says U.S. Job Market Still Needs Help to Heal | B

US I

U.S. Employers Added 266,000 Jobs in April as Hiring Slowed | W

Higher Prices Leave Consumers Feeling the Pinch | W

Infrastructure Talks Could Set Course of Biden Spending Plans | W

US II

The pandemic drove these Americans into early retirement | C

Older consumers have learned new tricks in the pandemic | E

Summer Jobs for Teens Make a Comeback—But Not All Types | W

California Population Declines for First Time in More Than a Century | W

Emerging

China Says it Will Release Delayed Census Data This Week | B

Inflation Debate Hits Emerging Markets With Pimco Standing Firm | B

Industries & companies

Energy: Why More Electric Vehicles Don’t Pose a Threat to Oil | Barron’s | BR

Financials: Warren Buffett should step aside for his chosen successor | E

Retail: Time to Get Dressed for the Reopening. These Stocks Will Benefit. | Barron’s | BR

Climate

How to make long-term climate pledges add up | E

Corporate finance

Digital media companies slow public rush as SPAC market cools | C

Virus

Covid-19 Restriction Guidance Could Ease as More Americans Get Vaccinated | W

Fauci says face masks could become seasonal after Covid pandemic | C

America wants to waive patent protection for vaccines | E

Delhi Extends Lockdown, Tightens Restrictions to Curb Virus | B

Offbeat

China says remnants of Long March 5B rocket landed in Indian Ocean | C

May 08 (Saturday)

YRI

Dr. Ed’s latest video podcast

Daily Markets Overview
Today’s Morning Briefing

Markets

Dow jumps more than 200 points to another record as investors look past big jobs miss | C

Stock market may be misreading what weak jobs report means for the Fed | C

From Dutch Tulips to Internet Stocks, How to Spot a Financial Bubble | W

A joke cryptocurrency has risen more than 26,000% in the last six months | C

Central banks

Fed’s super-easy policy likely to stick after weak jobs report | R

Investors back off view that Fed could raise rates in late 2022 | R

US I

U.S. Employers Added 266,000 Jobs in April as Hiring Slowed | W

April jobs fall short of expectations. Five analysts on the miss | C

U.S. hiring takes big step back as businesses scramble for workers, raw materials | R

Restaurant Staff Shortages Pique Appetite For Automation | Crunchbase News

Montana, South Carolina ending participation in fed unemployment programs | C

Unemployment Benefits Become Target Amid Hiring Difficulty | W

US II

Rent Surges on Single-Family Homes With Landlords Testing Market | B

Leaving California for Texas: Green Dot moves headquarters to Austin | C

At least 7 million people are likely to get unemployment tax refunds | C

China

China urges U.N. states not to attend Xinjiang event hosted by Germany, U.S. and UK | C

Industries & companies

Consumer discretionary: Amazon mails postcards to sellers to verify whether their addresses are real | C

Virus

U.S. Covid-19 Metrics Signal Hopeful Turn | W

Covid cases are falling in 30 states with a third of Americans fully vaccinated | C

AstraZeneca Weighs Seeking Full U.S. Approval for Covid Shot, Skipping Emergency-Use Application | W

A Small Brazilian Town Is Beating Covid-19 Through a Unique Experiment | W

Corporate finance

Grab’s Huge SPAC Merger Heralds Asia’s Next Tech Boom | W

Offbeat

Chinese Rocket Debris Expected to Tumble Into Earth’s Atmosphere This Weekend | W

May 07 (Friday)

YRI

Dr. Ed’s latest video podcast

Daily Markets Overview
Today’s Morning Briefing

Markets

Dow jumps 300 points to hit another record close ahead of key April jobs report | C

Central banks

Fed warns about potential for ‘significant declines’ in asset prices as valuations climb | C

Fed Says Covid Is Major Financial Risk, Asset Prices Vulnerable to ‘Significant Declines’ | W

US I

April jobs expected to top 1 million as consumers boost the economy | C

U.S. Unemployment Claims Reach New Covid-19 Pandemic Low | W

Millions Are Unemployed. Why Can’t Companies Find Workers? | W

South Carolina cuts federal unemployment boost payments as state struggles to fill jobs | C

US II

Biden’s Economic Plan Gives Progressives What They Want | The Atlantic

Biden open to 25% corporate tax rate as part of an infrastructure bill compromise | C

Farm-District Democrats Raise Caution Flag on Capital-Gains Tax Plan | W

Texas Lawmakers to Vote on Election Bill as Florida Governor Signs Its Own Into Law | W

US III

Just About Everything Costs More at American Grocery Stores | B

Chicken Shortage Sends Prices Soaring, and Restaurants Can’t Keep Up | W

Opinion: America is going through a baby bust, and we all might feel it in our wallets | MW

Cuomo privately calls on business leaders to stay in New York and lobby to remove cap on SALT deductions | C

Industries & companies

Cruise Lines: Norwegian Cruise Line CEO says U.S. ships are unlikely to sail this summer, calls CDC guidance ‘unfair’ | C

Fitness: Peloton reports sales up 141% as cycle demand remains strong, says it’s working to quickly fix treadmills | C

Fitness: Peloton says treadmill recall will lower fourth-quarter sales by $165 million | C

Manufacturing: Chinese Manufacturers Sidestep Trade Barriers by Buying Factories Overseas | W

Tech: Chip Shortage 2021: Semiconductors Are Hard to Make and That’s Part of the Problem | B

Virus

India’s Modeling Has Covid Outbreak Peaking in Coming Days | B

Covid vaccine makers’ shares seesaw after Biden administration says it will back patent waivers | C

IMF Sees Strong Economic Arguments for Removing Vaccine Barriers | B

The World Turns to China for Vaccines After India, U.S. Stumble | B

Offbeat

Trump Is Still Banned on YouTube. Now the Clock Is Ticking. | W

SEC to Explore Rules for Apps That ‘Gamify’ Trading, New Chairman Says | W

May 06 (Thursday)

YRI

Dr. Ed’s latest video podcast

Daily Markets Overview
Today’s Morning Briefing

Markets

Dow Industrials Rise to New High | W

Stock futures are flat after the Dow closed at a record | C

Wall Street rises as megacap stocks bounce; Dow hits record high | R

GameStop Frenzy, Archegos Meltdown May Prompt New SEC Rules, Chairman Says | W

Central banks

Clarida: the Fed is ‘a long way from our goals’ and tightening policy | C

US I

U.S. service sector slows modestly in April – ISM survey | R

U.S. private payrolls post biggest gain in seven months | R

Soaring home prices are pushing buyers to the rental market | Vox

National Eviction Moratorium Thrown Out by Federal Judge | W

US II

White House Says Businesses Having to Hike Wages Is ‘Good Thing’ | B

Some CEOs Suggest Dropping Degree Requirements in Hiring | W

McConnell Says ‘100%’ of His Focus Is on Blocking Biden Agenda | W

Geopolitics & trade

U.S., China to assess Phase 1 deal soon, Biden trade chief says | R

Industries & companies

Autos: Car Companies’ Profits Have Outrun the Chip Shortage—but Not for Long | W

Consumer Discretionary: Amazon CEO Bezos sells nearly $2 billion worth of Amazon stock | C

Communication Services: Google Adopts Hybrid Workweek, With 20% of Its Employees to Work Remotely | W

Communication Services: Facebook Oversight Board’s Trump decision was Marbury v Madison moment | C

Fitness: Peloton stock sheds $4 billion in market cap over treadmill recall | C

Hotels: Hilton CEO: Business travel is back to about 50% of pre-Covid levels | C

Virus

India’s ‘Oxygen Express’ Races to Supply Hospitals, but Covid Patients Die as Stocks Run Out | W

U.S. backs waiving patent protections for Covid vaccines, citing global health crisis | C

Covid booster shot: Moderna says vaccine generates promising immune response against variants | C

Here Comes the Covid-19 Community Corps and They Want You | B