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What I Am Reading

Wednesday, June 8, 2022

Markets

Dow rises more than 200 points as traders try to shake off Target's profit warningCNBC
Stocks Finish Volatile Session HigherWall Street Journal

Global

World Bank Warns of Stagflation Risk, Cuts Global Growth Forecast to 2.9%Wall Street Journal
Global Growth Will Be Choked Amid Inflation and War, Says World BankNew York Times

US I

Fed GDP tracker shows the economy could be on the brink of a recessionCNBC
The Potential Dark Side of a White-Hot Labor MarketNew York Times
U.S. Imports Slowed in April, Shrinking Trade Deficit From RecordWall Street Journal

US II

Japan

Japan Adopts View That Huge Government Debt Doesn’t MatterWall Street Journal

Geopolitics & trade

Industries & companies

Airlines:Want to Fly This Summer? Good Luck Traveling to a Small City.Wall Street Journal
FinTech:Apple expands fintech ambitions in iOS 16CNBC
Retail:Target warns of squeezed profits from aggressive inventory planCNBC

Beyond markets

The Diablo Canyon control room turned this mom into a nuclear advocateCNBC