What I Am Reading
Saturday, May 21, 2022
Markets
- Nasdaq records first seven week losing streak since 2002CNBC
- Big Tech Is Getting Clobbered on Wall Street. It’s a Good Time for Them.New York Times
- Stocks close flat in wild session Friday that saw the S&P 500 briefly fall into a bear marketCNBC
- Recession Trade Is On as Market Pain Spreads Beyond TechWall Street Journal
- Oil settles up as supply risks outweigh economic worriesReuters
Central banks
- China’s Central Bank Makes Unexpected Rate Cut as Growth CrumblesWall Street Journal
US
Europe
- Germany Warns Falling Euro Could Push Inflation Even HigherWall Street Journal
Geopolitics & trade
Industries & companies
- Autos:Hyundai to invest $5.5 billion to build EVs and batteries in GeorgiaCNBC
- Consumer:Does Your Mayo Need a Mission Statement?Wall Street Journal
- Retail:Old Navy Made Clothing Sizes for Everyone. It Backfired.Wall Street Journal
Corporate finance
Beyond markets
- Covid: CDC urges older Americans to get booster shots as hospitalizations soarCNBC
- WHO confirms 80 cases of monkeypox with outbreaks in 11 countriesCNBC
- Mysterious Hepatitis Outbreak in Children Spurs Global Race for AnswersWall Street Journal
- Why the Baby-Formula Market Is a Mess: Low Competition, High RegulationWall Street Journal