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What I Am Reading

Thursday, May 20, 2021

Markets

Markets Decline Globally, and Fed Hints at a Policy ReviewWall Street Journal

Central banks

The Fed hinted it could reconsider easy policies if economy continues rapid improvementCNBC
Fed Officials Signal Open to Taper Talk at ‘Upcoming Meetings’Bloomberg
Fed Signals Eventual Shift From Easy-Money Pandemic PoliciesWall Street Journal
Fed Officials Voice Support for New Tool to Smooth Market Stress, Minutes ShowWall Street Journal

US

America Is on a Road to a Better Economy. But Better for Whom?New York Times
The U.S. Travel Surge Isn’t Coming—It’s HereWall Street Journal
House Republicans introduce $400 billion transportation billCNBC
Taxes will likely rise for wealthy regardless of President Biden's plansCNBC

Japan

For some of Japan's lonely workers, COVID-19 brings a homecomingReuters

Geopolitics & trade

Asia Covid surges could hit supply chains, raise U.S. inflation: ExpertCNBC
Israel Pressured by Biden, Mideast Allies to End FightingWall Street Journal

Industries & companies

Autos:Ford to halt production of F-150, Bronco Sport due to chip shortageCNBC
Fitness:Equinox says CDC's new mask guidance sparked surge in member sign-upsCNBC
Retail:Target, TJX Sales Surge as Shoppers ReturnWall Street Journal
Tech:Apple's head of software says current level of Mac malware is not acceptableCNBC
Tech:Cisco (CSCO) earnings Q3 2021CNBC

Corporate finance

Cybersecurity, cryptocurrency, & climate

Virus

India’s Covid-19 Daily Death Toll Hits World’s HighWall Street Journal
Covid-19 Shots for Teens Can Hit Legal Snags and Parental PushbackWall Street Journal