Daily News Links

8606 posts

Saturday, November 21, 2020

General

• G20 to discuss post-pandemic world, back debt relief
  Reuters
• Mnuchin clawback of Fed funds 'deeply irresponsible,' Biden team says
  Reuters
• Analysis: Fed faces ill political winds as Biden prepares for White House
  Reuters
• Explainer: Fed lending programs - What did they accomplish? How hard would it be to bring them back?
  Reuters
• Inflation May Be About to Pick Up Sharply
  Yahoo/Bloomberg
• L.A. Home Sales Soar as California’s Housing Market Defies Covid
  Yahoo/Bloomberg
• South Africa Descends Deeper Into Junk After Two Downgrades
  Yahoo/Bloomberg
• Student Loan Losses Seen Costing U.S. More Than $400 Billion
  WSJ
• Mnuchin defends ending crisis lending tools amid split with Fed
  FT
• Vaccine hopes clear path for riskier groups to tap capital markets
  FT

Friday, November 20, 2020

General

• Stocks Mixed; Europe Stocks Rise on Cyclicals: Markets Wrap
  Yahoo/Bloomberg
• Stocks gains curbed by end of Fed stimulus, virus concerns
  Reuters
• Mnuchin-Powell Split Shows Rare Discord as Economy Struggles
  Yahoo/Bloomberg
• ‘Scary’ Winter of Lockdowns Cools Market Elation Over Vaccines
  Yahoo/Bloomberg
• Gap between vaccine hopes and pandemic reality poses market hazard
  Reuters
• California orders nightly COVID-19 curfew on gatherings, non-essential activities
  Reuters
• 'Dial back' or 'emergency brake?' New lockdowns and the U.S. economy
  Reuters
• Coronavirus live updates: Pfizer, BioNTech to file for emergency authorization; study shows antibodies offer at least 6-month protection
  CNBC
• Fannie, Freddie regulator looks to end govt control before Trump's exit: WSJ
  Reuters
• Fastest Emerging-Market Rotation in a Decade Seen Far From Over
  Yahoo/Bloomberg
• A surprise spate of bond defaults by state-owned Chinese firms is spooking investors
  CNBC
• PBOC Set to Look Through Credit Pain as it Tapers Stimulus
  Yahoo/Bloomberg
• Taiwan says Trump cabinet member to visit, angering China
  Reuters
• China Deepens Probe on Banks After Busted Bond Deal
  Bloomberg
• Next China: Debt Gets Painful Again
  Bloomberg
• Mnuchin Declines to Extend Several Fed Emergency Lending Programs
  WSJ
• Fannie, Freddie Overseer Looks to End Federal Control Before Trump Leaves
  WSJ
• Job Market Growth Slows Across U.S. as Covid-19 Cases Surge
  WSJ
• After Covid, ‘Normal’ Could Be Profoundly Different
  WSJ
• US Treasury refuses to extend some of Fed’s crisis-fighting tools
  FT
• The coming commodities surge
  FT
• Market turmoil shows need for more hedge fund scrutiny
  FT

Thursday, November 19, 2020

Evening

• Gov. Newsom orders curfew for most California counties amid coronavirus spike
  ABC
• Wall Street closes higher as new stimulus talks ease shutdown worries
  Reuters
• Dollar slips on report that U.S. stimulus talks to resume
  Reuters
• Mnuchin Seeks Unused Funds From Fed in Clash With Central Bank
  Yahoo/Bloomberg
• Schumer says McConnell agrees to discuss Covid relief, as aides negotiate government funding
  CNBC
• Treasury seeks to extend some emergency Fed programs but end others, including Main Street facility
  CNBC
• Trump's vaccine team will not brief Biden administration: U.S. senators
  Reuters
• PBOC Set to Look Through Credit Wobbles as it Tapers Stimulus
  Bloomberg
• Mnuchin Declines to Extend Several Fed Emergency Lending Programs
  WSJ

Afternoon

• U.S. Stocks Trade Mixed With Tech Leading Gains: Markets Wrap
  Yahoo/Bloomberg
• U.S. COVID-19 hospitalizations rise by nearly 50% in 2 weeks, ushering in new shutdowns
  Reuters
• CDC urges Americans against traveling for Thanksgiving as coronavirus outbreak worsens
  CNBC
• Coronavirus live updates: Airline bookings dip ahead of the holidays; HHS piloting rapid test used by the NBA
  CNBC
• U.S. labor market losing steam as COVID-19 rages
  Reuters
• IMF, G-20 Warn Recovery May Be Derailed, Risks Still Very High
  Yahoo/Bloomberg
• Canada sheds 79,500 jobs in October: ADP
  Reuters
• As new debt crisis looms, Africa needs more than world is offering
  Reuters
• Trump Broadens His Efforts to Overturn Election Outcome
  WSJ

General

• S&P 500 Edges Lower as European Stocks Fall: Markets Wrap
  Yahoo/Bloomberg
• World stocks ease further from highs, oil dips on COVID-19 count
  Reuters
• Dollar up on COVID-19 case rise, gains curbed by Fed easing expectations
  Reuters
• U.S. weekly jobless claims total 742,000, vs 710,000 estimate
  CNBC
• U.S. existing home sales rise for fifth straight month
  Reuters
• Coronavirus live updates: HHS piloting rapid test used by the NBA; Oxford-AstraZeneca vaccine is effective across all ages
  CNBC
• NYC Recovery at Risk on Double Whammy of School-and-Subway Pain
  Yahoo/Bloomberg
• Fannie-Freddie Watchdog Demands Capital Above $280 Billion
  Yahoo/Bloomberg
• U.S. Homebuyers Put Up Biggest Down Payments In 20 Years
  Yahoo/Bloomberg
• State firms from China's Shanxi able to meet near-term bond repayments -local official
  Reuters
• Turkish Rate Hike Backed by Erdogan Heralds Return to Mainstream
  Yahoo/Bloomberg
• IMF Says Global Recovery May Be Fading, Risks Still Very High
  Yahoo/Bloomberg
• Lagarde Pledges Forceful ECB Stimulus Response in December
  Yahoo/Bloomberg
• Japan's daily coronavirus cases hit new record of 2,259: TBS
  Reuters
• China Credit Stress Spreads Wider as Developer Defaults on Bond
  Bloomberg
• China’s Next Default Pressure Point Comes Closer
  Bloomberg
• G-20 Says Global Recovery Subject to ‘Elevated Downside Risks’
  Bloomberg
• Global Crop Supply Fears Send Soybeans to Highest in Six Years
  Bloomberg
• Large Chinese Broker Faces Probe After State-Owned Coal Miner’s Default
  WSJ
• Political divisions put Fed’s pandemic emergency measures in doubt
  FT
• Why the developing world needs a bigger pandemic response
  FT
• Bundesbank chief: How central banks should address climate change
  FT

Wednesday, November 18, 2020

Evening

• Asia-Pacific markets trade lower as vaccine optimism clashes with economic worries
  CNBC
• Stocks Drop as NYC School Closure Saps Sentiment: Markets Wrap
  Yahoo/Bloomberg
• Oil Hits Two-Month High With Vaccine News Buoying Demand Hope
  Yahoo/Bloomberg
• ‘Tired to the bone’: Hospitals overwhelmed with virus cases
  AP
• U.S. housing finance regulator adopts new capital rule for Fannie Mae, Freddie Mac
  Reuters
• Fannie, Freddie Should Hold $280 Billion in Capital, FHFA Says
  WSJ
• Market’s Vaccine Euphoria Was Bad News for Momentum Funds
  WSJ

Afternoon

• U.S. Stocks Slump; Dollar Sinks to Two-Year Low: Markets Wrap
  Yahoo/Bloomberg
• U.S. is in an ‘absolutely dangerous situation’ as Covid outbreak worsens, top health official says
  CNBC
• Coronavirus live updates: Moderna vaccine maker details ‘big challenges,’ NYC will close schools for in-person learning
  CNBC
• Global debt to hit record $277 trillion by year end on pandemic spending splurge: IIF
  Reuters
• Pandemic Thanksgiving Means About Half as Much Driving This Year
  Yahoo/Bloomberg
• New York City will close schools for in-person learning to curb Covid outbreak, Mayor de Blasio says
  CNBC
• Yield-hungry investors drive flock of borrowers to U.S. capital markets
  Reuters
• Pandemic fuels global ‘debt tsunami’
  FT

General

• U.S. Stock Rise; Bitcoin Tops $18,000: Markets Wrap
  Yahoo/Bloomberg
• Dollar under pressure as vaccine hopes get tested
  Reuters
• China’s Credit Jitters Deepen a Selloff in Government Bonds
  Yahoo/Bloomberg
• Pfizer: COVID-19 shot 95% effective, seeking clearance soon
  AP
• Coronavirus live updates: Pfizer says its 95% effective vaccine works across all ages and races
  CNBC
• U.S. housing starts beat expectations in October
  CNBC
• Mortgage demand from homebuyers surges after election pause
  CNBC
• Year-End Fiscal Cliffs Are Approaching for Millions of Americans
  Yahoo/Bloomberg
• Shelton Running Out of Time to Get Confirmed to Federal Reserve
  Yahoo/Bloomberg
• China alleges manipulation by Haitong Securities in widening default inquiry
  Reuters
• Tokyo to Raise Virus Alert to Highest as Cases Rise: Nikkei
  Yahoo/Bloomberg
• Tokyo reports record daily virus cases, outbreak locks down Australian state
  Reuters
• Israeli warplanes strike Syrian army, Iranian Quds force in Syria, Israeli military says
  Reuters
• Covid-19 Mutated. Can Vaccines Keep Up?
  Bloomberg
• Falling ‘Real’ Yields Drive Investors to Junk Bonds
  WSJ
• India central bank takes over another ailing regional lender
  FT

Tuesday, November 17, 2020

Evening

• Stocks Ease Off Record Highs With Virus in Focus: Markets Wrap
  Yahoo/Bloomberg
• Wall Street closes lower as shutdown worries loom
  Reuters
• Illinois Clamps Down; N.Y. Hospital Use Surges: Virus Update
  Yahoo/Bloomberg
• McConnell open to $500 billion for coronavirus relief
  Reuters
• Trump Fed nominee Shelton blocked in Senate, for now
  Reuters
• Fed's Powell signals emergency credit programs should be extended
  Reuters
• Virus Fears Squash Reflation Bets in $20 Trillion Bond Market
  Yahoo/Bloomberg
• 'We're flooded everywhere': storm Iota batters Central America
  Reuters

Afternoon

• Stocks Ease Off Record Highs With Virus in Focus: Markets Wrap
  Yahoo/Bloomberg
• S&P 500, Dow pull back from record highs as shutdown worries loom
  Reuters
• Congress is far from sending more stimulus help as coronavirus cases surge and economic pain looms
  CNBC
• U.S. Household Debt Rises To Record as Refinances Surge
  Yahoo/Bloomberg
• Americans' mortgage debt soars to a record $10 trillion
  CNN
• N.J. Hospital Use Soars; Pennsylvania Travel Rules: Virus Update
  Yahoo/Bloomberg
• U.S. manufacturing output picks up in October
  Reuters
• Fed's Powell says economy still needs fiscal, monetary support
  Reuters
• SEC Pushes Urgent Plan That Could Delist Chinese Companies
  Yahoo/Bloomberg
• Renaissance, Two Sigma See Losses as Quant Giants Navigate Chaos
  Yahoo/Bloomberg
• Blank-check firms cut IPO sizes in early signs of SPAC slowdown
  Reuters
• Judy Shelton’s Fed Candidacy Goes Down to Wire With Close Vote Expected
  WSJ
• Moderna and Pfizer Are Reinventing Vaccines, Starting With Covid
  WSJ
• Iran threatens ‘crushing’ response to any US military strike
  FT

General

• Global Stocks Fall on Virus Angst; Pound Gains: Markets Wrap
  Yahoo/Bloomberg
• S&P, Dow retreat as coronavirus cases spike; Tesla surges
  Reuters
• Dollar nurses losses amid worries about second coronavirus wave, Biden transition
  Reuters
• U.S. retail sales miss expectations in October
  Reuters
• Coronavirus live updates: U.S. cases continue jarring rise as Europe’s second wave shows signs of slowing
  CNBC
• Analysis: Despite vaccine progress, investors eye Fed support as coronavirus surges
  Reuters
• Strict new limits imposed coast to coast in U.S. as COVID-19 surge continues
  Reuters
• U.S. being left behind after Asia forms world's biggest trade bloc: U.S. Chamber
  Reuters
• America’s Zombie Companies Have Racked Up $1.4 Trillion of Debt
  Yahoo/Bloomberg
• U.S. ETF market tops $5 trillion in assets as investors stampede into stocks on vaccine hopes
  CNBC
• BofA Says Market Is So Bullish It’s Time to Sell on Vaccine News
  Yahoo/Bloomberg
• China credit stress deepens as more state firms default
  EdgeMarkets/Bloomberg
• Fund Managers Are Incubating a Future Bond Market Crash
  Yahoo/Bloomberg
• Traders Shorting VIX Spur Inflows to $1.2 Billion Fund Down 34%
  Yahoo/Bloomberg
• Treasury Yields Test Recent Highs as Chinese Corporate Bonds Weaken
  WSJ
• Judy Shelton Faces More GOP Opposition for Fed Nomination, Setting Up Close Vote
  WSJ
• Hundreds of Companies That Got Stimulus Aid Have Failed
  WSJ
• Major Chinese Chip Company Defaults on Debt
  WSJ
• Hedge funds under scrutiny over role in March bond market ructions
  FT
• China SOEs nervousness derails $2.4bn in planned bond sales
  FT
• Eurozone economy: the struggle to stay afloat until a vaccine arrives
  FT

Evening

• Stock futures are flat after Monday’s record-setting session
  CNBC
• Asian Stocks Drift After Vaccine News; Dollar Dips: Markets Wrap
  Yahoo/Bloomberg
• White House expects confirmation of Fed pick Shelton despite third Republican 'no'
  Reuters
• Shadow Lenders Poised to Get Tougher Rules in Global Crackdown
  Yahoo/Bloomberg
• Yellen, Summers Say Central Banks No Match for Savings Glut
  Yahoo/Bloomberg
• How China’s big tech companies upset Beijing
  FT

Monday, November 16, 2020

Afternoon

• Dow hits record high as Moderna data bolsters vaccine bets
  Reuters
• Oil Extends Gains on Latest Vaccine Breakthrough, China Recovery
  Yahoo/Bloomberg
• Coronavirus live updates: NCAA planning for March Madness in one city as U.S. cases cross 11 million
  CNBC
• Emerging market government debt soars to record 59% of GDP -JPMorgan
  Reuters
• A $1.3 Billion Leveraged Bet Against Tech Sees Record Outflows
  Yahoo/Bloomberg
• Clarida signals possible changes to Fed bond-buying programme
  FT

General

• U.S. Stocks Rise on Vaccine News; Bonds Decline: Markets Wrap
  Yahoo/Bloomberg
• World stocks head for record high on recovery, vaccine hopes
  Reuters
• Moderna trial success gives world more hope in race to end pandemic
  Reuters
• Junk Bond ‘Rally’ Tells a Deceptive Story
  Yahoo/Bloomberg
• Thousands of cars form lines to collect food in Texas
  CNN
• China says U.S. should stop unreasonably suppressing Chinese firms
  Reuters
• China’s Recovery Strengthens as Consumer Spending Picks Up
  Yahoo/Bloomberg
• China Oct new home prices cools, property investment accelerates
  Reuters
• Crackdowns Everywhere Show Xi Strengthening Party Grip on China
  Yahoo/Bloomberg
• Time is running out for Brexit deal, EU tells Britain
  Reuters
• Japan's economy vaults back from COVID-induced recession, but outlook murky
  Reuters
• German economy stagnating or shrinking amid second wave of virus: Bundesbank
  Reuters
• Researchers find coronavirus was circulating in Italy earlier than thought
  Reuters
• Social Unrest Is the Inevitable Legacy of the Covid Pandemic
  Bloomberg
• New York Manufacturing Expands at Slowest Pace in Three Months
  Bloomberg
• Biden’s China Policy? A Balancing Act for a Toxic Relationship
  NYT
• Doctors Are Calling It Quits Under Stress of the Pandemic
  NYT
• Bond Upsets Rattle Chinese Credit Market
  WSJ
• Italy’s bond rally forces key measure of risk to lowest since 2018
  FT

Sunday, November 15, 2020

Evening

• U.S. Stock Futures Gain; Asian Shares Set to Rise: Markets Wrap
  Yahoo/Bloomberg
• The Latest: US cases hit 11M; latest million took 6 days
  AP
• U.S. COVID-19 cases cross 11 million as pandemic intensifies
  Reuters
• Washington state enacts new restrictions, months after it was first in the US to confront Covid-19
  CNN
• Trump asserts he will soon file 'big cases' challenging 2020 election results
  Reuters
• Trump Plans Last-Minute China Crackdown to Trip Up Biden: Axios
  Yahoo/Bloomberg
• Belgian racing pigeon fetches record price of $1.9 million
  AP
• Evergrande Feels the Squeeze in Key Shadow Financing Market
  Bloomberg
• Covid Is Resurging, and This Time It’s Everywhere
  WSJ
• Covid-19 Hits Rural Nursing Homes, Which Are Among Those Least Equipped to Fight It
  WSJ
• US surge in coronavirus cases darkens outlook for economy
  FT

General

• ASEAN, China, other partners sign world’s biggest trade pact
  AP
• An Unprecedented Election—and Its Bitter Aftermath—Seen from Across the Country
  Politico
• Violent clashes in DC after Trump backers’ election protest
  AP
• Asian Borrowers Close In on Record for Dollar Bond Issuance
  Yahoo/Bloomberg
• Germans should brace for 4-5 months of severe COVID-19 measures, minister says
  Reuters
• Millions of Unemployed Americans Face Loss of Benefits at Year’s End
  WSJ