The Brutalist Report

MarketWatch

• The Fed: Fed will tolerate a recession, and 5 other things we learned from Powell’s presser [1454d]
• What's Worth Streaming: ‘Derry Girls’ and more: Here’s everything coming to Netflix in October 2022, and what’s leaving [1454d]
• Market Extra: The Dow tumbled 500 points because Jerome Powell’s Fed ‘isn’t going to blink’ [1455d]
• FA Center: Once the market tests its June 2022 low, stocks will be poised to move higher. We’re not there yet. [1455d]
• Dow Jones Newswires: Valero reports disruption that led to excessive emissions at Texas refinery [1455d]
• The Tell: S&P 500 sees its third leg down of more than 10%. Here’s what history shows about past bear markets hitting new lows from there, according to Bespoke. [1455d]
• : ‘Moore’s Law’s dead,’ Nvidia CEO Jensen says in justifying gaming-card price hike [1455d]
• Dow Jones Newswires: Melt Pharmaceuticals files for IPO [1455d]
• The Fed: The Fed’s forecast for rising unemployment signals recession ahead. Or does it? [1455d]
• Personal Finance Daily: U.S. existing-home sales fall for the seventh straight month in August and the Fed is about to inflict ‘some pain’ with a 75-basis-point rate hike — here’s how to prepare your wallet and your portfolio [1455d]
• Crypto: Jesse Powell, co-founder of crypto exchange Kraken, steps down as CEO [1455d]
• : $8 a gallon gas? Brace for higher oil prices as Russia escalates Ukraine conflict, RBC energy guru says [1455d]
• The Margin: Finances for Shaun King’s nonprofits come under fire in new report [1455d]
• : Carl Icahn to investors: ‘The worst is yet to come’ [1455d]
• : U.S., U.K. and powerful nations get serious about protecting the forests believed key to hitting Paris climate target [1455d]
• : Katzenberg: Cybersecurity startup Aura is profitable, but no IPO for now [1455d]
• The Margin: Aaron Judge looks to break A.L. home-run record, and get the Yankees to break the bank [1455d]
• : Larry Summers predicted inflation, but now he’s looking on the bright side [1455d]
• : The Fed raised rates — retirees and near-retirees should do this [1455d]
• Outside the Box: Expecting the Fed to solve inflation on its own ignores important root causes that the Fed can’t touch [1455d]
• Key Words: Biden competition adviser points to railroad, shipping industry concentration as driver of inflation [1455d]
• The Wall Street Journal: GOP legal challenges may freeze Biden’s plan for student-loan forgiveness in October, just before midterm elections [1455d]
• The Wall Street Journal: Meta is cutting staff without mentioning layoffs [1455d]
• : What New York Yankee Aaron Judge’s success tells us about how baseball should be played [1455d]
• The Tell: Bitcoin has reached bottom and could go back above $60,000 ‘some time in the next 4 years,’ says MicroStrategy’s Michael Saylor [1455d]
• The Margin: As Ukraine calls for more financial support, IMF plans in-person mission to war-torn country [1455d]
• : Bitcoin will bounce back to $65,000 within four years, says MicroStrategy’s Michael Saylor [1455d]
• Financial Crime: Exaggerations, overvaluations and out-and-out lies: the 6 most egregious examples of Donald Trump’s alleged inflation of his wealth [1455d]
• The Fed: Fed approves third large interest rate hike and signals more before year-end [1455d]
• The Fed: Fed predicts big slowdown in economy and rising unemployment as it battles inflation [1455d]
• Market Extra: Markets ignore Putin’s nuclear saber-rattling. Why that might change. [1455d]
• : Ray Dalio says U.S. more polarized today than during Civil Rights era in the 1960s [1455d]
• : Ray Dalio says stocks, bonds have further to fall, sees U.S. recession arriving in 2023 or 2024 [1455d]
• Key Words: Mitch McConnell says he is ‘done with’ Trump and ‘will never speak to him again,’ according to new book [1455d]
• The Margin: BetMGM CEO: N.Y. ‘missed an opportunity’ this NFL season with high tax rate for online betting [1455d]
• Project Syndicate: The dollar will remain strong as long as fundamentals and the Fed allow [1455d]
• Washington Watch: Political ad spending is breaking records: Here’s where the money’s going in critical Senate races [1455d]
• : Steve Case, cofounder of AOL, sees parallels in challenging tech climate [1455d]
• Coronavirus Update: Moderna expects the shortage of its updated COVID-19 booster to soon be resolved [1455d]
• The Conversation: Why the Fed keeps its focus strictly on the U.S. economy even as its actions could push the whole world into recession [1455d]
• Outside the Box: Washington must stand firm on supporting domestic manufacturing of electric vehicles [1455d]
• : House bill could put two-year ban on Terra-like stablecoins: reports [1455d]
• : Brace yourself, the Fed is about to inflict ‘some pain’ in its fight against inflation — here’s how to prepare your wallet and portfolio [1455d]
• Economic Report: U.S. existing-home sales fall for the seventh straight month in August [1455d]
• : Putin’s partial draft announcement appears to spark scramble to leave Russia as flights fill up [1455d]
• Retirement Hacks: Gig workers are worried about running out of money in retirement – here’s how to take initiative [1455d]
• : Biden announces $2.9 billion in new U.S. aid for global food crisis [1455d]
• : ESG investing industry is likely to become less transparent as regulators crack down over ‘greenwashing’ [1455d]
• The Tell: Market guru who anticipated 2022 selloff says he’s ‘not optimistic’ about stocks [1455d]
• : Halfway through trial period, businesses say they’re satisfied with four-day workweek, survey finds [1455d]
• Market Extra: ‘The situation has deteriorated.’ Deutsche Bank forecasts deeper Europe recession amid a war-fueled energy crisis [1455d]
• Metals Stocks: Gold attempts bounce off April 2020 low as Russia steps up Ukraine war [1455d]
• The Ratings Game: Micron stock downgraded amid ‘steepening price declines’ [1455d]