Daily News Links

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Saturday, December 5, 2020

General

• Covid is killing more than 2,000 people a day in the U.S. as infections and hospitalizations hit records
  CNBC
• California on the brink: Virus rages and closures imminent
  AP
• Wall Street Week Ahead: After blazing energy rally, investors check the fuel gauge
  Reuters
• Federal student loan payments suspended until end of January
  Reuters
• EU's Barnier says still looking for a way to do UK trade deal
  Reuters
• Red-Hot Stock Rally Powered by Companies With Shaky Finances
  Bloomberg
• Fed Readies More Guidance on Bond-Buying Plans
  WSJ

Friday, December 4, 2020

Evening

• Stock Rally Reaches New Highs on Stimulus Optimism: Markets Wrap
  Yahoo/Bloomberg
• Treasuries -Yields soar as grim jobs report boosts stimulus hopes
  Reuters
• Gripped by surging pandemic, US employers cut back on hiring
  AP
• U.S. States Reach Records; Europe Pushes Vaccines: Virus Update
  Yahoo/Bloomberg
• Stay-at-home order issued for San Francisco Bay Area, ahead of state mandate
  CNBC
• Covid live updates: CDC says some reinfection is expected; Biden pushes Trump, Congress to act on stimulus
  CNBC
• Fed Chair Powell held flurry of calls with Mnuchin in October
  Reuters
• Pompeo slaps visa restrictions on Chinese accused of quashing dissent
  Reuters
• Mortgage Industry Roars to Record Year, Courtesy of the Fed
  Yahoo/Bloomberg
• California’s Miserable Year Ending In Drought, Fire and Darkness
  Yahoo/Bloomberg

General

• Stocks Higher After November Jobs Report: Markets Wrap
  Yahoo/Bloomberg
• Dollar hits two-and-a-half-year low on risk-on trades, shares buoyant
  Reuters
• Employment growth slows sharply in November amid coronavirus surge
  CNBC
• Analysis: As stocks soar, government shutdown looms amid pandemic
  Reuters
• U.S. trade deficit widens less than expected in October
  Reuters
• Global debt to hit $200 trillion - S&P Global
  Reuters
• Coronavirus live updates: U.S. posts daily records in cases, hospitalizations and deaths for the first time since spring
  CNBC
• Europe Vaccination Plans; U.S. Sees Record Cases: Virus Update
  Yahoo/Bloomberg
• US intelligence director says China is top threat to America
  AP
• Some Sino-U.S. relations damage 'beyond repair', Chinese state media warns
  Reuters
• China State Firms Once Deemed ‘Safe’ Now Rocked by Defaults
  Yahoo/Bloomberg
• Cnooc Among Four China Firms Cited by U.S. for Military Ties
  Yahoo/Bloomberg
• Pandemic-induced options trading craze shows no signs of slowing down
  CNBC
• Analysis: Is a post-COVID currency war coming?
  Reuters
• Weather-Upending La Niña Is a Headache for Farmers Around the World
  WSJ
• Investors seek inflation protection as economic optimism rises
  FT

Thursday, December 3, 2020

Evening

• Stocks Retreat From Records Amid Vaccine Concern: Markets Wrap
  Yahoo/Bloomberg
• U.S. dollar slides to 2-1/2-year low on vaccine optimism
  Reuters
• Brief - Pfizer Slashed Its COVID-19 Vaccine Rollout Target After Facing Supply-Chain Obstacles - WSJ
  Reuters
• California issues regional stay-at-home order to battle record Covid-19 surge
  CNN
• $908 billion coronavirus aid bill draws conservative backing in U.S. Congress
  Reuters
• U.S. regulatory panel warns pandemic driving 'elevated' financial risks
  Reuters
• Coronavirus live updates: Global death toll climbs to 1.5 million; U.S. crosses 14 million infections
  CNBC
• California tops Hawaii as the state with the worst unemployment picture in the US
  Yahoo Finance
• Blackouts, Fires Batter California Again as High Winds Rage
  Yahoo/Bloomberg
• California to Lock Down Economy If ICUs Fall Short of Capacity
  Bloomberg
• Vaccines’ Side Effects Risk Sidelining Health Workers While Cases Surge
  Bloomberg
• Pfizer Slashed Its Original Covid-19 Vaccine Rollout Target After Supply-Chain Obstacles
  WSJ
• Coronavirus Stimulus Talks Moving in Right Direction, Party Leaders Say
  WSJ

Afternoon

• S&P 500, Nasdaq hit record highs as vaccine cheer overshadows grim data
  Reuters
• Pelosi and McConnell resume talks as Congress rushes to strike a Covid stimulus deal
  CNBC
• US virus deaths top 3,100 in a single day for the first time
  AP
• New U.S. coronavirus aid bill uncertain as Senate leaders joust
  Reuters
• Trump says he will support a coronavirus relief bill
  Reuters
• McConnell Calls for Congress to Focus on Narrow Stimulus
  Yahoo/Bloomberg
• U.S. pandemic death toll mounts as danger season approaches
  Reuters
• Waller Confirmed for Fed With Shelton’s Nomination Still in Limbo
  Yahoo/Bloomberg
• Brazil Outlook Darkens With GDP Miss, End to ‘Colossal’ Spending
  Yahoo/Bloomberg

General

• Global Stocks Edge Up to Record Highs; Dollar Dips: Markets Wrap
  Yahoo/Bloomberg
• S&P 500 flat as vaccine cheer offsets high jobless claims
  Reuters
• Dollar Is Dropping to Multi-Year Lows Against Peers, One by One
  Yahoo/Bloomberg
• Jobless claims hit pandemic-era low as hiring continues even with rising coronavirus cases
  CNBC
• Deal on fresh U.S. coronavirus relief eluding congressional Republicans, Democrats
  Reuters
• Trump Keeps Hammering China Just Weeks Before Biden Takes Over
  Yahoo/Bloomberg
• U.S. reports record 2,800 Covid deaths in a single day, hospitals pushed to the limits
  CNBC
• Coronavirus live updates: L.A. mayor orders stay-at-home; U.S. hospitalizations cross 100,000
  CNBC
• Behind Every Record-Breaking Market Level Is the Fed’s Largesse
  Yahoo/Bloomberg
• Corporate America’s Cash Burn Problem Is Getting Worse
  Yahoo/Bloomberg
• False Dawn in Treasury Yields Seen With Fed Posing Risk
  Yahoo/Bloomberg
• Los Angeles mayor orders residents to stay home to avert 'dreaded scenario'
  Reuters
• Chinese firms on U.S. exchanges threatened by bill headed to Trump's desk
  Reuters
• Growth in China's services sector soars on stronger consumer demand: Caixin PM
  Reuters
• Power Cuts Begin in California as High Winds Risk New Fires
  Yahoo/Bloomberg
• Housing Frenzy in New Zealand Exposes Perils of Ultra-Low Rates
  Yahoo/Bloomberg
• L.A. Orders Stay-Home; U.S. Has Deadliest Day Ever: Virus Update
  Bloomberg
• Congress Sets Stage for Exiling Chinese Stocks From U.S. Over Audit Dispute
  WSJ
• November Bankruptcies Hit 14-Year Low With Steep Drop in Personal Filings
  WSJ
• The ‘everything rally’: vaccines prompt wave of market exuberance
  FT

Evening

• Stock futures mostly flat as Wall Street awaits news on stimulus, vaccines
  CNBC
• Asian investors anticipate modest rise in markets after mixed day on Wall Street
  Reuters
• Stocks Pause Around Record High; Dollar Slips: Markets Wrap
  Yahoo/Bloomberg
• U.S. tops ‘unfathomable’ milestone of 100,000 Covid hospitalizations: ‘We’re all on edge’
  CNBC
• CDC director warns the next few months could be ‘the most difficult in the public health history of this nation’
  CNBC
• Nurses wanted: Swamped hospitals scramble for pandemic help
  AP
• Pelosi, Schumer Back Using Bipartisan Plan in Stimulus Talks
  Yahoo/Bloomberg
• Mnuchin in Talks With Fannie-Freddie Overseer on Rushed Redo
  Yahoo/Bloomberg
• Is U.S. inflation coming back? Jump in market measure sparks debate
  Reuters
• Japan's service sector struggles to recover amid COVID-19 resurgence: PMI
  Reuters
• Powell Says No Rush to Taper Bond Purchases, Mum on Doing More
  Bloomberg

Wednesday, December 2, 2020

Afternoon

• U.S. Stocks Fluctuate Near Record Highs: Oil Gains: Markets Wrap
  Yahoo/Bloomberg
• Dollar falls to fresh 2-1/2-year low on U.S. stimulus bets
  Reuters
• McConnell, Schumer far apart on unemployment benefits, stimulus proposals
  CNBC
• Mnuchin, Powell press again for deal to get economy through the COVID winter
  Reuters
• Powell Says No Rift With Mnuchin, Signals Fed Not Stepping Back
  Yahoo/Bloomberg
• Fed: Little to no growth in four of 12 regions as stress mounts
  Reuters
• Coronavirus live updates: CDC loosens quarantine guidelines while also warning against winter travel
  CNBC
• Bleak Holiday Ahead for Millions of Americans Seeing Income Drop
  Yahoo/Bloomberg
• Crashing a $5.2 Trillion Party: Debut ETF Issuers Hit Record
  Yahoo/Bloomberg
• EU faces dangerous dilemma over financing battle
  Reuters
• Coronavirus Stimulus Efforts Show Momentum
  WSJ
• China Has One Powerful Friend Left in the U.S.: Wall Street
  WSJ

General

• U.S. Stocks Dip; Pound Slides on Brexit Angst: Markets Wrap
  Yahoo/Bloomberg
• Dollar clambers off two-and-a-half-year low, risk currencies take breather
  Reuters
• U.S. private payrolls miss expectations in November: ADP
  Reuters
• Mortgage demand from homebuyers spikes 28%, and the average loan amount sets a record high
  CNBC
• ‘Very dark couple of weeks’: Morgues and hospitals overflow
  AP
• Biden says will not kill Phase 1 trade deal with China immediately: NYT
  Reuters
• Treasury Yield Spike Risks Sparking Domino Effect in Markets
  Yahoo/Bloomberg
• House seen backing bill that could block Chinese firms from U.S. securities markets
  Reuters
• Evergrande Property falls on HK debut as debt, competition worries weigh
  Reuters
• Backing Australia, U.S. State Dept says China hit 'new low' with doctored image
  Reuters
• U.S. Urged to Do More Against Rising Threat of Assertive China
  Yahoo/Bloomberg
• UN: Warmer world in 2020 busted weather records, hurt people
  AP
• Partisan Fight Over Fed Lending Programs Escalates
  WSJ
• Bets on More Fed Bond-Buying Help Contain Treasury Yields
  WSJ

Evening

• Treasuries - Yields surge as lawmakers float bipartisan economic relief proposal
  Reuters
• Asian Stocks Set for Gains as U.S. Hits Fresh High: Markets Wrap
  Yahoo/Bloomberg
• Global equity markets jump, bonds dip, on hopes of vaccine-led recovery
  Reuters
• Pelosi, McConnell Offer New Stimulus Plans as Rebound Slows
  Yahoo/Bloomberg
• U.S. Senate leader McConnell urges new COVID-19 aid in broad funding bill
  Reuters
• Treasury nominee Yellen warns of 'self-reinforcing' U.S. downturn, vows to aid needy
  Reuters
• Coronavirus live updates: U.S. vaccine chief sets immunization timeline as hospitals prep for distribution
  CNBC
• Fed Economists Warn of Debt Overhang Problem From Covid Crisis
  Yahoo/Bloomberg
• California City That Sold Pension Debt Now at Fiscal Brink
  Yahoo/Bloomberg
• Ray Dalio Eyes Class Struggle as He Ponders U.S. Tipping Point
  Yahoo/Bloomberg
• China Default Fears Curb Year-End Sales of New Dollar Bonds
  Bloomberg
• Biden’s Economic Team Charts a New Course for Globalization, With Trumpian Undertones
  WSJ
• Janet Yellen calls for action to prevent US economic ‘devastation’
  FT
• US inflation expectations hit 18-month high on vaccine hopes
  FT
• China rating agencies stand by SOEs despite default spree
  FT

Tuesday, December 1, 2020

Afternoon

• U.S. stimulus headlines give euro govt bonds worst day in 3 weeks
  Reuters
• S&P 500, Nasdaq start December at peak on vaccine optimism
  Reuters
• Lawmakers unveil bipartisan $900 billion coronavirus stimulus package as stalemate drags on
  CNBC
• U.S. Factory Gauge Eases From Two-Year High as Employment Cools
  Yahoo/Bloomberg
• U.S. congressional hearing likely to spotlight Powell, Mnuchin split over pandemic lending
  Reuters
• China’s move on Ant makes the fight on Big Tech global
  FT

General

• Stocks Bounce Back With U.S. Futures; Dollar Slips: Markets Wrap
  Yahoo/Bloomberg
• After 4.2 million COVID-19 cases in November, U.S. pins hope on vaccine
  Reuters
• Biden readies major stimulus push and flurry of executive actions in first 100 days
  CNN
• Biden to introduce top economic advisers as pandemic threat worsens
  Reuters
• U.S. congressional hearing likely to spotlight Powell, Mnuchin split over pandemic lending
  Reuters
• Coronavirus live updates: CDC to vote on first vaccine recipients; Starbucks offers front-line workers free coffee
  CNBC
• Fed's Kaplan says bracing for difficult months ahead
  Reuters
• Glimmers of hope for world economy, but dangers lurk
  AP
• Trump’s Time Is Short to Overhaul Fannie-Freddie as Hedge Funds Want
  Yahoo/Bloomberg
• Cash Squeeze at Small China Banks Is Warning Sign for Market
  Yahoo/Bloomberg
• China's November factory activity growth hits decade high: Caixin PMI
  Reuters
• China’s Regulators Vow ‘Special’ Oversight of Fintech Giants
  Yahoo/Bloomberg
• OECD Cuts Global Forecast, Warns Governments to Maintain Support
  Yahoo/Bloomberg
• ECB’s Schnabel Warns Against Hopes for Blockbuster Stimulus
  Yahoo/Bloomberg
• Killing Libor Proves Harder Than Global Regulators Imagined
  Yahoo/Bloomberg
• Cuomo Fears ‘Nightmare of Overwhelmed Hospitals’ as Virus Cases Spike
  NYT
• The Long Darkness Before Dawn
  NYT
• Over Fed Objections, Lending Programs Will Expire. Here’s What Happens Next.
  WSJ
• The Market Expects That Everything Will Be Awesome
  WSJ
• A New Setback for Big Cities as Return to the Office Fades
  WSJ
• Jay Powell frets over US economy despite good news on a vaccine
  FT

Monday, November 30, 2020

Evening

• Asian Stocks, U.S. Futures Climb; Dollar Dips: Markets Wrap
  Yahoo/Bloomberg
• S&P 500 ends down after rallying to best November ever
  Reuters
• Oil prices fall as OPEC+ output talks uncertain
  Reuters
• Powell: 'Challenging' months until vaccine clears production, distribution hurdles
  Reuters
• Powell Sees Hope and Uncertainties for Economy in Vaccines
  Yahoo/Bloomberg
• California Warns of Stay-Home Order With Hospital Strain Growing
  Yahoo/Bloomberg
• Coronavirus live updates: NY sets emergency hospital measures; U.S. air travel reaches 1.2 million
  CNBC
• Americans face new COVID-19 restrictions after Thanksgiving
  AP
• Virus surge is leading to a double-dip recession and dollar crash, economist Stephen Roach warns
  CNBC
• Canada deficit seen higher, government eyes up to C$100 billion in stimulus spending
  Reuters
• Biden’s Economic Team Suggests Focus on Workers and Income Equality
  NYT
• Powell Says Fed Actions Unlocked $2 Trillion to Support Economy
  WSJ
• The World’s Appetite for Debt is Smashing Records
  WSJ
• The Franchise Relationship That Powers Small Business Is Fraying
  WSJ
• Exxon Slashes Spending, Writes Down Assets
  WSJ
• Joe Biden announces team to steer US economy through Covid crisis
  FT

Afternoon

• U.S. Stocks Drop From Record Highs; Crude Weakens: Markets Wrap
  Yahoo/Bloomberg
• Biden taps Yellen for Treasury, announces other members of economic team
  Reuters
• U.S. housing, manufacturing data suggest economic recovery slowing
  Reuters
• Congress returns facing government shutdown deadline, calls for stimulus amid coronavirus surge
  CNBC
• Coronavirus live updates: U.S. air travel reaches 1.2 million Sunday; Moderna to file for vaccine emergency use
  CNBC
• OPEC reaches consensus to extend oil cuts in first quarter if allies agree
  Reuters

General

• Stocks fall as Wall Street is set to wrap up a historic November
  CNBC
• Shares take a breather after stellar month, China data upbeat
  Reuters
• Dollar’s Slump Thrusts Currency Peers to Brink of New Highs
  Yahoo/Bloomberg
• Oil Retreats on Signs of OPEC+ Discord Ahead of Key Meeting
  Yahoo/Bloomberg
• Congress returns with virus aid, federal funding unresolved
  AP
• Exclusive: Trump to add China's SMIC and CNOOC to defense blacklist - sources
  Reuters
• China central bank offers salve to jittery markets with surprise MLF injection
  Reuters
• China banking regulator says property market is biggest 'grey rhino'
  Reuters
• Central bank head says China must not monetize deficit - state media
  Reuters
• China’s Recovery on Track as Factory Index Climbs to 3-Year High
  Yahoo/Bloomberg
• Growth in China's services sector accelerates in Nov - official PMI
  Reuters
• The Fed and the promise of a vaccine aren’t enough to protect investors from a ‘reckoning,’ top economist warns
  MarketWatch
• Support for Japan’s Suga Slides as Latest Virus Wave Worsens
  Bloomberg
• Asia’s 20 Richest Families Control $463 Billion
  Bloomberg
• Joe Biden Fills Out His Economic Team
  WSJ
• This Year’s Hurricane Season Smashes All Kinds of Records
  WSJ
• The risks of the global Covid debt bridge
  FT

Evening

• Stock futures fall as Wall Street is set to wrap up a historic November
  CNBC
• Stocks Swing as Record Month Nears End; Oil Slips: Markets Wrap
  Yahoo/Bloomberg
• Dollar plumbs two-year low as Fed comes in to focus
  Reuters
• World stocks boast record-breaking month, led by Europe
  Reuters
• Fauci: US may see ‘surge upon surge’ of virus in weeks ahead
  AP
• Trump senior aide Kushner and team heading to Saudi Arabia, Qatar
  Reuters

Sunday, November 29, 2020

General

• Congress stalled on stimulus talks and time is running out as millions face a ‘benefits cliff’
  CNBC
• Black Friday shopping in stores craters 52% during pandemic as e-commerce sales surge
  CNBC
• Eerie Calm in Treasuries Is at the Mercy of Jobs and Virus Data
  Yahoo/Bloomberg
• Biden Has Republican Powell as Ally in Bid to Lift Labor’s Clout
  Yahoo/Bloomberg
• OPEC Faces Seismic Demand Split as Cartel Plots Next Move
  Yahoo/Bloomberg
• Iran to give a 'calculated' response to nuclear scientist killing, says official
  Reuters
• Bond investors bet on battered companies surviving virus shock
  FT
• Warning lights are flashing for Big Tech as they did for banks
  FT