The Brutalist Report

MarketWatch

• The Tell: Strong dollar could spark repeat of 1990s ‘Asian Crisis’ if it crosses this threshold, former Goldman economist warns [1563d]
• TaxWatch: IRS makes mileage deduction for gas costs more generous in rare mid-year move [1563d]
• The Tell: The stock market and inflation: How the S&P 500 performs on CPI report days [1563d]
• Personal Finance Daily: The national average gas price has hit $5 per gallon and there’s ‘a high probability that prices could go even higher,’ and 8 things you can do if you can’t pay your car insurance [1563d]
• Dow Jones Newswires: Wells Fargo responds to report that it’s facing criminal probe over fake job interviews [1563d]
• : AMD focuses on AI after data-center success, sees annual revenue growth of 20% [1563d]
• Living With Climate Change: Climate-change warning: Microplastics found in fresh snow in the world’s most remote place [1563d]
• : The national average gas price has hit $5 per gallon and there’s ‘a high probability that prices could go even higher,’ GasBuddy says [1563d]
• Earnings Results: Stitch Fix stock sinks toward all-time low as revenue and users fall, layoffs confirmed [1563d]
• Distributed Ledger: Ethereum close to its major upgrade, but why has it fallen more than bitcoin? [1563d]
• The Tell: David Einhorn pitches gold at Sohn Conference, warns Fed will fail to tackle inflation [1563d]
• ETF Wrap: Here’s the ‘defensive twist’ BlackRock recommends for ETF investors in a slowing economy [1563d]
• Market Extra: Tiger Global is down 50%, but how is the rest of the hedge fund industry doing? [1563d]
• Key Words: ‘Wonder Woman’ Lynda Carter shuts down Matthew McConaughey critics who call his gun control push hypocritical [1563d]
• The Tell: ‘Creating a resilient equity portfolio’: Fed is the market’s biggest risk amid high inflation, says Citi [1563d]
• The Margin: CEOs from over 200 companies urge Senate to end ‘gun violence epidemic’ in open letter [1563d]
• Financial Crime: Animal breeder known as the ‘Monkey Whisperer’ sentenced for illegally selling primate to singer Chris Brown [1563d]
• The Moneyist: ‘I’m being taken advantage of by my own husband’: I pay all the bills and gave the down payment for our home, and all he does is buy stuff and contribute to his 401(k) [1563d]
• : Snap’s profit warning shouldn’t be taken out of context, says ad industry expert [1563d]
• : Layoffs nibbling at mortgage industry as lenders absorb home finance slowdown [1563d]
• The Ratings Game: The continuing boom in chip sales isn’t washing away Wall Street’s worries, but AMD could help [1563d]
• : The megatrend of ‘digitalization’ is key to a sustainable economy, says the new head of ESG at American Century [1563d]
• The Conversation: Did the assault weapons ban of 1994 reduce mass shootings? Here’s what the data tells us [1563d]
• Market Extra: Why the ECB could face another ‘fragmentation’ dilemma as it prepares to lift interest rates back into positive territory [1563d]
• : ‘All of this points to a broader weakness in the housing market’: Buyers are officially spooked by rising interest rates — just don’t expect a real-estate crash [1563d]
• Economic Report: U.S. didn’t get any relief from high inflation in May – CPI to show another big gain [1563d]
• : Top Disney TV exec Peter Rice departs abruptly [1563d]
• Economic Report: U.S. household net worth declines in first quarter on lower stock prices [1563d]
• : NIO sees supply chain, production ‘back to normal’ in June [1563d]
• Best New Ideas in Money: Mixed-use buildings and residential spaces could be the future of post-pandemic business districts [1563d]
• : SEC Chief Gensler says ‘we can do better here.’ What does his plan to overhaul stock market structures mean for everyday investors? [1563d]
• Market Extra: ECB says it will join the rate-hike party, but analysts say there’s little demand to crush [1563d]
• Project Syndicate: Saudi Arabia again holds the key to energy prices, but how long can that last? [1563d]
• The Margin: This 400-year-old Shakespeare book could sell for $2.5 million at auction [1563d]
• In One Chart: The EV trend has just barely begun, as this JPMorgan chart of global disruptive trends tells us [1563d]
• : Mortgage rates rise in latest week, as demand for housing cools: Freddie Mac [1563d]
• Deep Dive: Oil-stock trade is ‘too obvious,’ says this fund manager, who expects a pullback in prices [1563d]
• : The long awaited U.S. data-privacy bill appears to be on track, again [1563d]
• MarketWatch Options Trader: Even if stocks break out, the overwhelming trend is down [1563d]
• The Margin: PGA Tour suspends Phil Mickelson, Dustin Johnson and other players who joined LIV golf [1563d]
• Coronavirus Update: Biden administration unveils plan to vaccinate children below the age of five once the FDA gives the go-ahead [1563d]
• Market Extra: In a shaky economy, cash is king — and these S&P 500 companies have it, says Barclays [1563d]
• Economic Report: U.S. unemployment claims jump 27,000 to five-month high of 229,000 [1564d]
• Market Extra: European Central Bank to end bond buying and lift interest rates in July as it joins inflation battle [1564d]
• Metals Stocks: Gold futures edge lower after ECB rate-hike announcement [1564d]
• Key Words: Canceling student debt will help narrow America’s racial wealth gap, new report says, but others call it ‘costly and ineffective’ [1564d]