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What I Am Reading

Thursday, October 7, 2021

Markets

Dow closes up 100 points on possible debt ceiling deal progress, recovering 450-point lossCNBC
Stocks Close Higher After Morning SelloffWall Street Journal

Central banks

Central Banks and the Looming Financial Reckoning by Willem H. BuiterProject Syndicate

US I

US II

Troubled Student Loan Forgiveness Program Gets an OverhaulNew York Times
Student-Loan Forgiveness to Include More Public-Sector WorkersWall Street Journal
The Entitlements of U.S. DeclineWall Street Journal
Who Is Kyrsten Sinema? It’s ComplicatedWall Street Journal
How Tight Is Trump’s Grip on the GOP? Take a Look at the Ohio Senate PrimaryWall Street Journal

Europe

Boris Johnson Says Low-Paid Migrants Are No Answer to Labor ShortagesWall Street Journal

China

Why Wall Street Backs China Despite Beijing's Tighter GripNew York Times
Chinese Property Bonds Hammered by Weak September Sales and a Surprise DefaultWall Street Journal

Geopolitics & trade

China Would Be Able to Launch Attack on Taiwan by 2025, Island’s Defense Minister WarnsWall Street Journal
White House says Biden, China's Xi Jinping expected to meet virtuallyCNBC
Iran’s Armed-Drone Prowess Reshapes Security in Middle EastWall Street Journal

Industries & companies

Autos:GM says it will double revenue by 2030 in digital push to be seen more like TeslaCNBC
Communication services:Facebook Slows New Products for ‘Reputational Reviews’Wall Street Journal
Energy:Coal Shortages Push Up Prices, Weigh on EconomiesWall Street Journal
Retail:Holiday Shopping 2021: Toymakers scramble to get Nerf, LOL Surprise on shelvesCNBC

Corporate finance

Technology

Tesla Full Self-Driving cars and Waymo taxis: Two autonomous vehicle strategiesVox