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What I Am Reading

Thursday, June 3, 2021

Markets

It could be a hot summer ahead for oil pricesCNBC

Central banks

Fed Plans to Wind Down a Pandemic Corporate Credit FacilityBloomberg
Fed to Sell Corporate Bonds and ETFs Acquired During Covid-19 CrisisWall Street Journal

US I

The Economic Recovery Is Here. It’s Unlike Anything You’ve Seen.Wall Street Journal
U.S. Economic Activity Picked Up in Spring, Fed Beige Book SaysWall Street Journal
Amid hiring troubles, rising prices, U.S. growth gains speed -FedReuters

US II

Europe

EU set to unveil digital wallet fit for post-Covid lifeFinancial Times

Japan

Japan's service sector shrinks for 16th straight month as health crisis hits demandCNBC

Industries & companies

Energy:Activist Likely to Gain Third Seat on Exxon BoardWall Street Journal
Media:AMC trading frenzy doubles stock priceCNBC
Retail:Bed Bath & Beyond stock surged 60% as turnaround plans speed aheadCNBC
Tech:Microsoft to unveil new version of Windows on June 24CNBC

Cybersecurity

Ransomware Scourge Continues as Essential Services Are HitWall Street Journal
Ransomware Attack Hits Martha’s Vineyard Ferry ServiceWall Street Journal
Hacker group DarkSide operates in a similar way to a franchise, New York Times reporter saysCNBC

Virus

Developed Countries Lock Up Covid-19 Vaccines Through 2023Wall Street Journal
Immunocompromised People Turn to Covid-19 Vaccine Booster ShotsWall Street Journal