What I Am Reading
Saturday, May 29, 2021
Markets
- S&P, Dow End Month Higher as Investors Weigh Inflation DataWall Street Journal
- S&P 500 gains slightly to wrap up 4th straight positive month, sits less than 1% from record highCNBC
- U.S. Corporate Bond Spreads Hit 14-Year Low as Economy ResurgesBloomberg
- Convertible-Bond Sales Are Soaring in 2021—Often at 0% InterestWall Street Journal
US I
- Money is cheap, let's spend it - White House $6 trillion budget messageReuters
- Here's One Thing Missing from President Biden's Budget: Booming GrowthNew York Times
- Biden Budget Shows Focus on Wealth Redistribution, Not GrowthBloomberg
- Biden's big budget comes with a modest growth outlook for an aging countryReuters
- Biden budget includes spending plans, boost in health, education fundsCNBC
- Pentagon asks for $715 billion in 2022 Defense budgetCNBC
US II
Geopolitics & trade
Industries & companies
- Aerospace:Boeing Dreamliner Deliveries Face New DelaysWall Street Journal
- Airlines:U.S. airlines refunded $12.8 billion to travelers in 2020, industry group saysCNBC
- Autos:Tesla starts using cabin cameras for driver monitoringCNBC
- Media:AMC short sellers dealt massive $1.2 billion blow after stock rallyCNBC
- Retail:Costco is seeing inflation abound, impacting a slew of consumer productsCNBC
Cryptocurrency
Virus
- CDC eases summer camp Covid guidance, says fully vaccinated teens don't need masksCNBC
- Employers Can Require Covid-19 Vaccine Under Federal Law, New Guidance StatesWall Street Journal
- European Union Approves Pfizer-BioNTech Vaccine for AdolescentsWall Street Journal
- India’s Covid Surge Hit Young Patients Hard and FastWall Street Journal