What I Am Reading
Thursday, January 7, 2021
Markets
Central banks
- The Fed is scaring markets with the triple threat of policy tighteningCNBC
- The Fed is going to tighten, the only question is how fastReuters
- Fed’s Bullard Eyes Three Rate Rises This Year, Says Fed Must Defend Inflation CredibilityWall Street Journal
- Fed's Richard Clarida Sold Then Bought Stock Fund Before 2020 Bank PledgeBloomberg
- A Fed Official’s 2020 Trade Drew Outcry. It Went Further Than First Disclosed.New York Times
Global
US
- Consumer Demand for Goods Drove U.S. Import Surge During HolidaysWall Street Journal
China
Geopolitics & trade
- Walmart in China’s Spotlight Again as Regulator Cites InfractionsWall Street Journal
Industries & companies
- Consumer:Coca-Cola’s Fresca to Join Crowd of Canned CocktailsWall Street Journal
- Financials:Société Générale Bets $5.5 Billion on Car-Leasing BusinessWall Street Journal
- Retail:Walgreens Posts Higher Sales and Profit From Covid-19 DemandWall Street Journal
- Tech:Morgan Stanley (MS) Suggests Rout in Expensive Tech Is Almost OverBloomberg
- Tech:SpaceX: Starlink internet service has more than 145,000 users so farCNBC
Virus
- America calls out sick - CNN
- Biden, in Shift, Prepares Americans to See Covid-19 as Part of LifeWall Street Journal
- Omicron may be less severe in young and old, but not 'mild' - WHOReuters
- Japan Criticizes U.S. Response After Omicron Spreads Near American BasesWall Street Journal
- Moderna CEO says fourth Covid shot may be needed, citing efficacy issueCNBC
- Cost of Covid-19 Testing Exceeds $100 for Some Families as Omicron SurgesWall Street Journal
Cryptocurrency
- Bitcoin, Ether Prices Fall Along With Tech StocksWall Street Journal
- GameStop Entering NFT and Cryptocurrency Markets as Part of Turnaround PlanWall Street Journal
Beyond markets
- Larry Fink Wants to Save the World (and Make Money Doing It)Wall Street Journal