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What I Am Reading

Saturday, May 28, 2022

Markets

Central banks

The Fed’s favorite inflation measure rose 4.9% in April in a sign that price increases could be slowingCNBC

Commodities

US

Households Boosted Spending in April but Drew Heavily on SavingsWall Street Journal
Goldman sees signs inflation is peaking, could be positive for stocksCNBC
A Federal Budget Warning for Joe ManchinWall Street Journal
Memorial Day weekend car shopping is 'looking pretty bleak'CNBC

Europe

Boris Johnson Goes Bernie SandersWall Street Journal

China

China Tops Google, YouTube Results on Covid Origins and Beijing’s Human-Rights RecordWall Street Journal

Geopolitics & trade

Industries & companies

Airlines:Flight Cancellations Pile Up Heading Into Memorial Day WeekendWall Street Journal
Consumer Discretionary:Amazon investor proposal to review plastic use narrowly fails to clearReuters
Retail:Big Lots, Hibbett Become Latest Retailers to Show Inflation PainWall Street Journal
Retail:Glam makeup and dressing up are back, boosting Macy's and UltaCNBC

Virus

Why a Massive New Covid Wave Has Escaped the DataWall Street Journal

Beyond markets

How Influencers Hype Crypto, Without Disclosing Their Financial TiesNew York Times
U.S.’s Baby-Formula Shortage Further Snarled, This Time by Ukraine WarWall Street Journal