Wednesday Evening Links

[Yahoo/Bloomberg] Stocks Rally as Powell Soothes Traders’ Nerves: Markets Wrap

[Reuters] U.S. senators weigh paring back Biden's $1.9 trillion COVID-19 aid plan

[Reuters] Biden rushes to address global computer chip shortage via latest executive order

[Reuters] Charlie Munger warns of market 'frenzy'; frowns on gambling mentality, bitcoin, SPACs

[Yahoo/Bloomberg] Gasoline Crisis Paralyzes One of Every Seven Texas Stations

[Reuters] Brazil government intervention in Petrobras threatens privatization, growth prospects - Moody's

[Reuters] Mexico's support for Pemex to drive widening fiscal deficit, Moody's says

[WSJ] Texas Power Grid Was Minutes From Collapse During Freeze, Operator Says

[WSJ] Verizon Spends $45.5 Billion to Top 5G Spectrum Bidders

[FT] Power market credit crisis looms as Texas bills come due