What I Am Reading
Tuesday, August 22, 2023
Markets
- Fed, Powell to Meet at Jackson Hole as High Rates Hurt Stocks, BondsBloomberg
- Stocks Climb Despite Rise in Treasury YieldsWall Street Journal
- From stocks to bitcoin, soaring US yields cast shadow over risk asset rallyReuters
- Banks Loading Up on Cash Fuel a Record $2 Trillion Bond SpreeBloomberg
- AI Funds Are Missing Out on the AI Stock BoomWall Street Journal
Central banks
- How Hard Should the Fed Squeeze to Reach 2% Inflation?Wall Street Journal
- Why the Era of Historically Low Interest Rates Could Be OverWall Street Journal
US I
- Job Market’s So Wobbly Even Head Hunters Can’t Forecast RecoveryBloomberg
- Half a Million US Jobs at Risk of Vanishing in Payroll RevisionBloomberg
- The Worker Bidding War Is Over. Companies Are Cutting Pay for New Hires.Wall Street Journal
- Opinion | College Degrees Still Matter In the Job MarketNew York Times
US II
- With soft landing seen for U.S. economy, 3 financial risks to watchCNBC
- The Upheaval at America’s Disappearing Nursing Homes, in ChartsWall Street Journal
- Goodbye Bathtub and Living Room. America’s Homes Are Shrinking.Wall Street Journal
- The Rising Trend in Private Education: Teeny, Tiny SchoolsWall Street Journal
US III
China
Geopolitics & trade
- Could U.S. Toughness on Chinese Business Have Unintended Consequences?New York Times
- America’s Tech Giants Rush to Comply With New Curbs in EuropeWall Street Journal
Industries & companies
- Airlines:Airline Close Calls Happen Far More Often Than Previously KnownNew York Times
- Autos:The Electric-Vehicle Bubble Starts to DeflateWall Street Journal
- Financials:S&P downgrades multiple U.S. banks citing 'tough' operating conditionsCNBC
- Financials:Goldman Sachs: Is David Solomon on his way out? The CEO whisperer weighs inCNN Business
- Media:Instagram, Twitter and TikTok Upheavals Are Helping LinkedInBloomberg
- Media:Meta's Threads is now available on the web, as Zuckerberg takes on XCNBC
- Tech:Apple’s anti-competitive tactics must be stoppedThe Hill
Artificial Intelligence
Corporate finance
- The Arm IPO Will Test Investors’ AI ConvictionWall Street Journal