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What I Am Reading

Thursday, April 21, 2022

Markets

Dow jumps 249 points on Wednesday, but the Nasdaq is dragged down by a big plunge in NetflixCNBC
Dollar’s Upward March Reaches a Nearly Two-Year HighWall Street Journal

Central banks

Fed's Daly says the economy can handle rate hikes, but a mild recession is possibleCNBC

US

U.S. Economy Grows Moderately Amid High Inflation, Ukraine InvasionWall Street Journal
March existing home sales fall, median price sets new recordCNBC
This Inflation Is Demand-Driven and Persistent by Jason FurmanProject Syndicate
“The Great Resignation” Is a Great ExaggerationThe Nation
Bernie Sanders' team says he has 'not ruled out' 2024 bidCNBC

Europe

Macron, Le Pen clash in heated French election debateReuters

Geopolitics & trade

Ukraine Needs $5 Billion Monthly to Keep Its Economy Afloat, IMF Chief SaysWall Street Journal
Russian Offensive Bears Down on Donbas as West Races to Supply Ukraine With More WeaponsWall Street Journal
Russia tests nuclear-capable missile that Putin calls best in worldReuters
From YouTube to Rutube. Inside Russia’s Influence Campaign.Wall Street Journal

Industries & companies

Autos:Tesla races ahead of rising raw material costs on price hikesReuters
Airlines:Opinion: Get ready for crowded planes and higher fares this summerCNN
Media:Netflix stock plunges on shocking subscriber lossCNBC
Media:Legacy media disrupted Netflix with streaming offerings, now it risks similar fateCNBC

Climate & sustainability

Lithium costs a lot of money—so why aren’t we recycling lithium batteries?Ars Technica

Corporate finance

Startup investors are worried the pandemic boom is about to endVox

Virus

Relief, confusion and disappointment as masks come off on planesCNBC