Saturday, September 23, 2023
HomenetnetMorning six-pack: What we're reading Thursday

Morning six-pack: What we’re reading Thursday

Happy Thursday. Welcome to the always commercial-free morning six-pack.

International Monetary Fund chief Christine Lagarde is warning that the biggest threat to the global economy is deflation. In a related story, Lagarde probably hasn't shopped at an American grocery story lately. (BBC)

Best Buy shares are getting clobbered on news that nobody actually shops at Best Buy stores anymore. (Business Insider) Here's my idea: Implement a cover charge for people who want to browse at Best Buy before buying on Amazon.

Among its many tasks this year, Congress is going to try to fix Medicare. Good luck with that. (Roll Call)

Following the financial crisis, Washington went to war against Wall Street. You might be surprised to find out who won. (Politico)

Still think bitcoin will go the way of Beanie Babies and other fads? Then you're probably not paying attention. (Bloomberg)

And, finally … a "Great Rotation" is happening in financial markets, but not the way some experts predicted, according to BlackRock's Larry Fink.'s Matthew J. Belvedere explains.

—By CNBC's Jeff Cox. Follow him on Twitter @JeffCoxCNBCcom.


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