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What I Am Reading

Saturday, June 21, 2025

Markets

S&P 500, Nasdaq finish lower; investors uneasy about Middle East conflictReuters

Mid-East I

Israel’s race to kill Iran’s nuclear dreamEconomist
Where will the Iran-Israel war end?Economist
Israel Tests Theory That War Can’t Be Won With Air Power AloneWall Street Journal
Deal, Not Bombs, Seen as Only Way to End Iranian Nuclear ThreatBloomberg

Mid-East II

Central banks

Fed split on whether to hedge on inflation, or proceed with cutsReuters
Fed Governor Christopher Waller Suggests Support for a July Interest Rate CutWall Street Journal

Geopolitics & trade

U.S., EU Near Deal on Non-Tariff Trade IrritantsWall Street Journal
U.S. may stop global chipmakers' access to American tech in ChinaCNBC
To keep Russia out and America in, NATO must spend moreEconomist

US

Japan

Japan’s government bonds: this time it won’t end wellEconomist

China

Chinese consumers are splurging—but probably not for longEconomist

Industries & companies

Industrials:A Battery That Lasts 50% Longer Is Finally in ProductionWall Street Journal
Industrials:Tesla agrees to build China's largest grid-scale battery power plantCNBC
Tech:Tax breaks for tech giants' data centers mean less income for statesCNBC

Technology & AI