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What I Am Reading

Thursday, July 22, 2021

Markets

Bond Rally Undercuts Inflation FearsWall Street Journal
The bond market is torn over the potential for higher inflation and lower growthCNBC

Central banks

Fed Chief Powell Enjoys Support for Reappointment, but He’s Not a LockWall Street Journal

US I

Republicans sink Schumer's test vote on bipartisan infrastructure planCNBC
Delta Variant of Covid-19 Isn’t Expected to Dent Robust U.S. RecoveryWall Street Journal
Is the U.S. Economy Too Hot or Too Cold? Yes.New York Times
The Shortage of Starter Homes Extends Beyond Major CitiesWall Street Journal

US II

U.S. Life Expectancy Fell by 1.5 Years in 2020, the Biggest Decline in GenerationsWall Street Journal
Truck drivers are essential workers. We need to treat them that wayCNN
States Announce $26 Billion Settlement to Resolve Opioid LawsuitsWall Street Journal

Geopolitics & trade

U.S., Germany strike deal to allow completion of Russian Nord Stream 2 pipelineCNBC

Industries & companies

Consumer:Coca-Cola Boosts Outlook as Sales ReboundWall Street Journal
Financials:JPMorgan gives Jamie Dimon special stock option bonus to keep him CEOCNBC
Health Care:Johnson & Johnson Posts Higher Profit as Healthcare Demand ReturnsWall Street Journal
Utilities:PG&E, in Reversal, to Bury Power Lines in Fire-Prone AreasWall Street Journal

Beyond markets

The Battles to Come Over the Benefits of Working From HomeNew York Times

Virus

Covid: Local officials across U.S. are starting to reimpose mask rules as delta variant takes holdCNBC
U.S. Extends Restrictions on Borders With Canada, MexicoWall Street Journal
Opening Its Economy as Delta Variant Surges, the U.K. Becomes a Covid-19 Test CaseWall Street Journal