What I Am Reading
Wednesday, May 15, 2024
Markets
- S&P 500 Stock Gains Unlikely Through End of 2024, Goldman’s Kostin SaysBloomberg
- Nasdaq hits record close after Powell reassures investors, CPI in focusReuters
- Billions Exit Thematic ETFs as Traders Move On From Buzzy ThemesBloomberg
- Asian Stocks Follow US Rally Before CPI Report
- Japanese Earnings Season: Topix Rebounds as Dividends, Buybacks RiseBloomberg
Markets II
Central banks
- Inflation May Have Cooled, But It’s Not Enough Yet for the FedBloomberg
- Fed Chair Powell says inflation has been higher than thoughtCNBC
- Fed Chair Jerome Powell Maintains Wait-and-See Posture on Inflation and RatesWall Street Journal
- Fed's Schmid says he is prepared to be patient on policyReuters
- What Forecasters Say About Interest Rates (and Why They Disagree)New York Times
- Brazil Central Bank ‘100% Committed’ to CPI Goal, Director SaysBloomberg
US
- Inflation Eases as Core Index Hits Lowest Level Since 2021Wall Street Journal
Global
Geopolitics & trade
- Biden Is Trying to Buy EVs Time With New Tariffs on China. It Might Not WorkWIRED
- Biden Hits Chinese Electric Vehicles, Chips and Other Goods With Higher TariffsNew York Times
- Biden Moves Forward on $1 Billion in New Arms for IsraelWall Street Journal
- China's economy reveals pockets of softness ahead of Friday's dataCNBC
- Chinese firms make headway in producing high bandwidth memory for AI chipsetsReuters
Industries & companies
- Airlines:Whatever happened to airline food? Why the golden age of airplane food disappearedCNN
- Media:YouTube Viewership Ascends as Cord Cutting Weighs on Traditional TVWall Street Journal
- Retail:Home Depot Still Looks SturdyWall Street Journal
- Retail:Walmart to lay off, relocate hundreds of corporate workersCNBC
- Tech:Everything Google Announced at I/O 2024: Gemini, Search, Project Astra, Scam DetectionWIRED
- Tech:Google to Roll Out AI Search Summaries to Billions by Year-EndWall Street Journal
- Tech:It’s the End of Google Search As We Know ItWIRED
Artificial Intelligence
- A.I.’s ‘Her’ Era Has ArrivedNew York Times
- OpenAI’s Chief Scientist, Ilya Sutskever, Is Leaving the CompanyNew York Times