Be in the know. 15 key reads for Friday…

  1. Where Did It All Go Wrong for Emerging Markets? (bloomberg)
  2. Pfizer CEO Talks About Covid Vaccines and What Comes Next (barrons)
  3. Austria Imposes National Lockdown as Covid-19 Fears Rock Europe (barrons)
  4. ECB Not Ready to Move on Inflation for Now, Lagarde Says (barrons)
  5. Japan Unveils Record Stimulus Package to Shake Off Pandemic Impact (barrons)
  6. Small-Caps Are in Line to Be Big Winners in 2022 (barrons)
  7. Manchin Has Inflation Concerns. Could He Push a Vote on Social Spending Bill to Next Year? (barrons)
  8. All Americans—Not Just the Wealthy—Are Better Off Than Ever (barrons)
  9. MKM upgrades Walmart to Buy with $166 target heading into holidays (thefly)
  10. Goldman: A Biden SPR Release Is Now Fully Priced In And Will Send Oil Price Even Higher In 2022 (zerohedge)
  11. Here’s How Markets Might React If Biden Picks Lael Brainard as Fed Chair (yahoo)
  12. Political Calculus Confronts Biden on Fed Pick of Powell vs. Brainard (wsj)
  13. S. Buys 10 Million Treatment Courses of Pfizer’s Covid-19 Pill for $5.29 Billion (wsj)
  14. China Developers Rally to Counter Selloff on Tech Earnings Fear (bloomberg)
  15. Legendary investor Howard Marks breaks down where he is finding opportunities to ‘make the big money’ amid the Fed’s monetary easing, fiscal stimulus, and rising inflation (businessinsider)