What I Am Reading
Friday, July 30, 2021
Markets
US
- U.S. economy contracted 19.2% during COVID-19 pandemic recessionReuters
- Fiscal stimulus, vaccines likely fueled U.S. economic growth in the second quarterReuters
- The U.S. economy is bigger than it was pre-pandemic, but Covid could still decide what happens nextCNBC
- The U.S. Economy’s Prospects Looked Bright, Until the Delta Variant SurgedWall Street Journal
- Growth Is Strong, but the Obstacles to Full Recovery Are BigNew York Times
- Is the US Economy Running Out of Slack? by Willem H. BuiterProject Syndicate
- Jobless Claims Resumed Decline Last WeekWall Street Journal
Japan
Geopolitics & trade
- ‘Industrial Policy’ Is Back: The West Dusts Off Old Idea to Counter ChinaWall Street Journal
Industries & companies
- Consumer discretionary:Amazon Maintains Profit Run, but Sales Miss Expectations in Pandemic FirstWall Street Journal
- Retail:Toy Prices Are Going Up Ahead of the Holiday SeasonWall Street Journal
- Retail:Shopping center CEO says foot traffic is back to pre-Covid levels as retail evolvesCNBC
Corporate finance
Virus
- EU Overtakes U.S. in Covid-19 Vaccines as Delta Variant SpreadsWall Street Journal
- Israel to Offer Pfizer Booster Shots to Elderly as Delta Cases RiseWall Street Journal
- Biden Says Federal Employees Must Get Covid-19 Shots or Wear Masks, Test RegularlyWall Street Journal