- JPMorgan’s Dimon says supply chain hiccups will soon ease, points to extraordinary consumer demand (CNBC)
- US Covid cases drop by 22% raising hopes the worst may be over (Financial Times)
- BYD Company (one of Charlie Munger’s greatest stock picks) is dominating China’s EV market (asiamarkets)
- House Takes Up Debt-Ceiling Fix as Clock Ticks on Biden’s Agenda (Bloomberg)
- Bitcoin Approaches a Record High. Jamie Dimon Still Believes It’s Worthless. (Barron’s)
- MGM Resorts’ Price Target Is Doubled. This Analyst Likes the Casino Operator’s ‘Transformation.’ (Barron’s)
- Oil Price Jumps Above $80 and Natural Gas Races Higher, Turbocharged by Supply Shortages (Wall Street Journal)
- These are the types of companies Warren Buffett says you should invest in during times of inflation (MarketWatch)
- Xi Jinping Scrutinizes Chinese Financial Institutions’ Ties With Private Firms (Wall Street Journal)
- Medicare Drug-Pricing Debate Pits Savings Against Innovation (Wall Street Journal)
- Booz Allen Plans to Spend Big on Acquisitions (Wall Street Journal)
- The Energy Report 10/12/2021 (Phil Flynn)
- American Airlines Projects Smaller Loss Than Analysts Expect (Bloomberg)
- Shale Drillers May Boost Spending, but Don’t Expect an Oil Bonanza (Wall Street Journal)
- Xi Jinping’s Two-Track Foreign Policy (Wall Street Journal)
- Goldman Sachs blows off investor fears over inflation, declining growth (Fox Business)
- SpaceX: how Elon Musk’s new rocket could transform the space race (Financial Times)
- IMF cuts its global growth forecast, citing supply disruptions and the pandemic (CNBC)
- Scott Gottlieb says Merck’s Covid pill ‘can make a real difference’ (CNBC)
- Earnings are headed for an all-time high, if supply-chain and staffing woes don’t get in the way (marketwatch)
- Chinese Developers Report Sharp Drops in Monthly Home Sales (Wall Street Journal)