DAILY DOSE: June 11, 2021
Posted on 06/11/2021
1. Public investment funds predict better equity earnings over next year -survey
https://www.reuters.com/article/marketsNews/idUSL5N2NT202?il=0
2. Sovereign Wealth Funds: The Race for Returns and Economic Stability, Horasis Global Meeting 2021
3. State Street Corporation unveils a new cryptocurrency business, following the herd.
4. G-7 Meets in Carbis Bay, England
5. PG&E Corporation again warns of blackouts during California wildfire season.
6. Ford Motor Company secures over 100,000 reservations for Electric F-150.
7. COVID NEWS. CDC is to hold an emergency meeting after “hundreds” of people suffered from heart inflammation from taking COVID shots. CDC says the evidence is growing stronger between COVID vaccines and the heart issue. In addition, the FDA is forcing Johnson & Johnson to scrap 60 million COVID shots that were produced at a troubled Baltimore plant run by Emergent BioSolutions due to possible contamination. The FDA hasn’t cleared the plant to reopen after shuttering it over safety violations two months ago. Moderna and Tabuk Pharmaceuticals partner to commercialize Moderna’s COVID-19 vaccine in Saudi Arabia.
8. U.S. House bills targeting U.S. big tech is happening. A house bill could force Amazon.com, Inc. to split or dump private-label goods. Another bill could force tech giants to separate platforms from other businesses.
9. Central Bank of Russia raises key rate to 5.5%.
