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What I Am Reading

Friday, July 16, 2021

Markets

Stocks Mostly Lower After Powell Comments on Inflation, EconomyWall Street Journal

Central banks

Fed’s Powell Concedes Anxiety About Higher Inflation but Resists Policy ShiftWall Street Journal
Jerome Powell Second Fed Term? Yellen Demurs, Says She'll Talk to BidenBloomberg
Undeterred by global inflation, BOJ to signal prolonged easy policyReuters

US

Yellen says concerned about housing prices but inflation to calmReuters
Child tax credit payments one of the best forms of government spending: EconomistCNBC
Many Jobs Lost During the Coronavirus Pandemic Just Aren’t Coming BackWall Street Journal

China

China’s Economic Growth Slows in the Second QuarterWall Street Journal

Japan

Inflation? Not in Japan. And That Could Hold a Warning for the U.S.New York Times

Europe

Floods in Germany Leave at Least 40 Dead, Dozens Missing as Rain Deluges EuropeWall Street Journal

Geopolitics & trade

Biden Says U.S. to Warn Business on Deteriorating Hong KongBloomberg
China Buys Friends With Ports and Roads. Now the U.S. Is Trying to Compete.Wall Street Journal

Industries & companies

Financials:How Is the Economy Doing? Here’s What Banks SayWall Street Journal

Corporate finance

Intel Is in Talks to Buy GlobalFoundries for About $30 BillionWall Street Journal

Virus

Los Angeles County restores indoor mask mandate for allCNBC

Beyond markets

Is a Graduate Degree Worth the Debt? Check It Here.Wall Street Journal