Daily News Links

8605 posts

Saturday, October 24, 2020

General

• How the 6 swing states will play in the election and in the markets
  Yahoo Finance
• Daily Covid-19 cases will hit six digits soon, expert warns, as US reports a one-day high of more than 83,000 infections
  CNN
• Californians Face Biggest Power Shutoffs This Year on Fire Risk
  Yahoo/Bloomberg
• In Asia, Pompeo expected to bolster allies against China
  Reuters
• 'Momentum’ Moving Toward a Brexit Deal, Irish Premier Says
  Yahoo/Bloomberg
• Pelosi, Mnuchin Trade Blame as Pre-Election Stimulus Hopes Dim
  Bloomberg
• The 40 in 60/40 Portfolios Is Getting Wilder and Wilder
  Bloomberg
• U.S. Government Bonds Yields Remain Near Highest Level Since June
  WSJ
• Global bond markets have turned topsy-turvy
  FT

Friday, October 23, 2020

Evening

• S&P, Nasdaq close higher as stimulus talks in spotlight
  Reuters
• Oil falls about 2% on Libyan output, COVID-19 demand concerns
  Reuters
• Finger-pointing picks up in COVID-19 relief fight
  The Hill
• Threats to U.S. Treasury market liquidity still exist, Fed says
  Reuters
• U.S. reports more than 71,600 new Covid cases as new infections near record highs and hospitalizations rise
  CNBC
• U.S. Cases Surge Past 70,000; France Tops Record: Virus Update
  Yahoo/Bloomberg
• Coronavirus live updates: AstraZeneca, J&J resume vaccine trials as U.S. nears record highs for new cases
  CNBC
• China's purchases of U.S. farm goods at 71% of target under trade deal: U.S.
  Reuters
• California Braces for Fires, Outages in Season’s Worst Winds
  Yahoo/Bloomberg
• U.S. Government Bonds Yields Remain Near Highest Level Since June
  WSJ
• Pandemic makes world’s billionaires — and their advisers — richer
  FT
• Risky PIK deals pitched by private equity to yield-hungry investors
  FT

General

• U.S. Stocks Fluctuate With Intel Taking Tech Lower: Markets Wrap
  Yahoo/Bloomberg
• Global stocks bide time as U.S. election caution sets in
  Reuters
• Oil above $42 as possible OPEC+ cut extension offsets demand concern
  Reuters
• White House’s Kudlow Says ‘Ball’s Not Moving Much’ on Stimulus
  Yahoo/Bloomberg
• Coronavirus live updates: Six U.S. states hit daily deaths record; Sen. Cotton calls for more targeted stimulus
  CNBC
• U.S. Cases Surge Past 70,000; Europe Widens Curbs: Virus Update
  Yahoo/Bloomberg
• Chasm Deepens in America’s Credit Markets, Swallowing Smaller Firms
  Yahoo/Bloomberg
• ECB Seen Preparing More Aid as Virus Spread Derails Economy
  Yahoo/Bloomberg
• Floods, Drought Are Destroying Crops and Sparking Food Inflation
  Yahoo/Bloomberg
• Xi says China will not let security, sovereignty interests be undermined
  Reuters
• Euro zone economy at risk of double-dip recession: PMIs
  Reuters
• Nobody Wants Pesos: Argentine Currency Meltdown Upends Business
  Yahoo/Bloomberg
• Putin: Russia-China military alliance can’t be ruled out
  AP
• WeWork Default Is a Real Possibility, Fitch Ratings Warns
  Bloomberg
• China Warns on ‘Red Lines’ in Remembering Its Only War With U.S.
  Bloomberg
• Rocky Mountain States Emerge as New Covid-19 Hotspot
  WSJ
• China Wants to Be the World’s EV Factory. It May Succeed.
  WSJ

Thursday, October 22, 2020

Evening

• Wall Street closes higher, trade choppy as U.S. stimulus talks eyed
  Reuters
• Stock futures rise slightly as traders monitor stimulus talks, debate ahead
  Reuters
• Yields Up on Stimulus Hopes; Asia Stocks to Drift: Markets Wrap
  Yahoo/Bloomberg
• Pelosi Says ‘Just About There’ on Stimulus; Senate Hurdle Awaits
  Yahoo/Bloomberg
• Illinois, Ohio Hit Highs; FDA Approves Remdesivir: Virus Update
  Yahoo/Bloomberg
• Coronavirus live updates: FDA approves Gilead’s remdesivir as a treatment; stimulus talks drag on
  CNBC
• US: Russian hackers targeting state, local networks
  AP
• U.S. stock funds post $4.6 billion weekly outflow: Lipper
  Reuters
• What to Watch for in China's 5-Year Plan as Economy Shifts to Self-Sufficiency
  Bloomberg
• The U.S. vs. China: The High Cost of the Technology Cold War
  WSJ
• In Xi Jinping’s China, Nationalism Takes a Dark Turn
  WSJ
• Tett: Eerie calm of municipal bonds belies US cities’ tax plight
  FT

General

• Global markets: Sentiment sapped by COVID surge, stimulus stalemate
  Reuters
• Stocks Drop, Dollar Gains on Election Interference: Markets Wrap
  Yahoo/Bloomberg
• Lira Tumbles After Central Bank Defies Rate-Hike Bets
  Yahoo/Bloomberg
• Oil struggles to recover after U.S. gasoline stocks build
  Reuters
• U.S. weekly jobless claims total 787,000, vs 875,000 estimate
  CNBC
• September existing home sales jump 9.5%, but ‘prices are rising too fast’ as supply remains tight
  CNBC
• Coronavirus live updates: Pandemic dents corporate earnings; Target says ‘doubling down on safety’ for holiday season
  CNBC
• If you can't fly, you can't buy: Chinese U.S. homebuying sinks
  Reuters
• Over half Europe's small firms fear for survival, survey finds
  Reuters
• China threatens retaliation over new U.S. arms sales to Taiwan
  Reuters
• Case Records Set Across Europe; India Vaccine Plan: Virus Update
  Bloomberg
• Bond Insurance Returns to the Muni Market in a Big Way
  WSJ
• Electric-Vehicle Startups Are Wall Street’s Hot New Thing. No Revenue? No Problem.
  WSJ
• Eurozone Government Borrowing Soars as Countries Seek to Cushion Covid-19’s Blow
  WSJ
• The case against Modern Monetary Theory
  FT

Wednesday, October 21, 2020

Evening

• U.S. Stock Futures Drop, Dollar Ticks Higher: Markets Wrap
  Yahoo/Bloomberg
• Asian investors prepare for choppy trade as U.S. stimulus talks drag on
  Reuters
• Iran trying to meddle in U.S. election, Russia has obtained American voter info, national security officials say
  CNBC
• COVID-19 tightens grip on U.S. Midwest; six states report record daily deaths
  Reuters
• U.S. on brink of rampant coronavirus spread, Europe hospitals strained
  Reuters
• Fed's Bullard says U.S. can wait on fiscal aid, businesses adapting
  Reuters
• Coronavirus Stimulus Vote Could Come After Election Day, Negotiators Say
  WSJ

Afternoon

• Wall Street slips in choppy trade as investors focus on stimulus talks
  Reuters
• Gold jumps 1% as U.S. relief deal bets grow, dollar retreats
  Reuters
• U.S. economic recovery slow and modest, but some sectors struggling: Fed survey
  Reuters
• Hedge fund inflows at highest since 2018 in third quarter
  Reuters
• Pelosi, Mnuchin Near a Deal, With Post-Election Vote Floated
  Bloomberg
• Home Loans to Reach $3.2 Trillion in 2020, Most in 17 Years
  Bloomberg

General

• Dow futures are little changed as stimulus talks continue, Netflix shares fall after earnings miss
  CNBC
• Stocks fall as investors focus on U.S. stimulus
  Reuters
• Treasuries Slump With Dollar Amid Stimulus Bets: Markets Wrap
  Yahoo/Bloomberg
• Yuan hits 27-month high on PBOC guidance, upbeat data
  Reuters
• Mortgage demand from homebuyers falls for the fourth straight week
  CNBC
• Stimulus package is unlikely to get through Congress before the election, Goldman Sachs says
  CNBC
• Coronavirus live updates: Eli Lilly brings in drug plant consultants; study finds factors contributing to ‘long Covid’
  CNBC
• U.S. retailers secure stores as worries about election unrest mount
  Reuters
• Junk Bonds Won’t Save Everybody From Going Bust
  Yahoo/Bloomberg
• Chicago Poised for Painful Choices to Close Record Budget Gap
  Yahoo/Bloomberg
• A ‘blue wave’ in U.S. elections could bring forward Fed rate hikes, says Morgan Stanley
  CNBC
• China to balance stable growth and risk prevention: central bank
  Reuters
• UK borrowing exceeds forecasts, debt highest since 1960
  Reuters
• White House Says Goal Is Fiscal Stimulus Deal in Next 48 Hours
  Bloomberg
• Can China’s Rebound Last? A Look Behind the Latest GDP Numbers
  Bloomberg
• The Fed’s $4 Trillion Lifeline Never Materialized. Here’s Why.
  NYT
• Leveraged Buyouts Come Roaring Back After Coronavirus-Related Lull
  WSJ
• More Corporate Bonds Are Rated Triple-A in China Despite Coronavirus Pandemic
  WSJ
• China-US shipping costs soar on pandemic glut
  FT

Tuesday, October 20, 2020

Evening

• Wall Street shares end higher on stimulus optimism
  Reuters
• McConnell warns White House against COVID relief deal
  AP
• Pelosi, Mnuchin Move Closer to Stimulus Deal Amid Senate Doubts
  Yahoo/Bloomberg
• U.S. Speaker Pelosi's spokesman says coronavirus aid talks to continue Wednesday
  Reuters
• Yield-starved investors aid Illinois' $850 million bond sale
  Reuters
• Southern States Are the Seething Center of America’s Pandemic
  Bloomberg
• Roche CEO Warns Against High Hopes for Speedy Covid Vaccines
  Bloomberg
• Blank-Check Company Deals Driven by Speculation, Chanos Says
  Bloomberg
• Moody’s Downgrades U.K. Banks
  WSJ

Afternoon

• Wall Street shares bolstered by stimulus bets
  Reuters
• Pelosi Says Stimulus Bill Being Drafted While Some Issues Remain
  Yahoo/Bloomberg
• Pelosi says Dems and White House are moving closer to a stimulus deal, downplays Tuesday deadline
  CNBC
• Trump pushes for major COVID-19 deal over Senate Republican objections, Pelosi optimistic
  Reuters
• U.S. says Google breakup may be needed to end violations of antitrust law
  Reuters
• Coronavirus live updates: 10 countries hit record highs for avg. daily new cases; AMC says bankruptcy possible
  CNBC
• U.S. single-family homebuilding, permits surge to more than 13-year high
  Reuters
• Treasury Futures Positions Reach New Extremes Before Election
  Yahoo/Bloomberg
• Fed’s Quarles Says Market Turmoil Triggered by Covid-19 Revealed Fragile Nonbank System
  WSJ

General

• U.S. Futures Pare Gain on Google Antitrust Reports: Markets Wrap
  Yahoo/Bloomberg
• Wall Street gains as deadline for fresh stimulus looms
  Reuters
• Oil Slides With OPEC+ Warning of Precarious Market Outlook
  Yahoo/Bloomberg
• Pelosi, Mnuchin push coronavirus relief talks as U.S. Senate votes on limited bill
  Reuters
• U.S. government to file antitrust lawsuit against Google on Tuesday - source
  Yahoo/Bloomberg
• U.S. housing starts total 1.415 million in September, vs 1.457 million expected
  CNBC
• Republicans running short on time and money to defend Senate majority
  Reuters
• Coronavirus live updates: Covid-19 likely to become ‘endemic;’ Moderna reportedly sees vaccine results in November
  CNBC
• Exclusive: BOJ to downgrade growth, inflation forecasts - sources
  Reuters
• China's new home prices grow at slowest rate since 2016 on tighter rules
  Reuters
• EU’s First Social Bonds Smash Records With $275 Billion Orders
  Yahoo/Bloomberg
• Stimulus Nears Election Endgame on Pelosi Deadline, Senate Vote
  Bloomberg
• In New 60/40 Portfolio, Riskier Hedges Are Displacing U.S. Debt
  Bloomberg
• 'Xi Thought' Is Creeping Into Everything From Chinese Sci-Fi to Company Filings
  Bloomberg
• U.S.-China tensions could split the internet — and data will play a key role in how far that goes
  CNBC
• Justice Department to File Long-Awaited Antitrust Suit Against Google
  WSJ
• Covid-19’s Global Divide: As West Reels, Asia Keeps Virus at Bay
  WSJ
• China Is Experiencing a Boom in Share Sales
  WSJ
• Europe’s Riskiest Countries Find Debt Markets Wide Open
  WSJ
• Investors bet US recovery will force long-term bond yields higher
  FT
• Beijing deploys role in Korean war in fight against the US
  FT
• How coronavirus exposed Europe's weaknesses
  FT

Monday, October 19, 2020

Evening

• Stock futures rise as Pelosi, Mnuchin work toward stimulus deal
  CNBC
• Wall Street closes lower as stimulus deadline nears without deal
  Reuters
• U.S. House Speaker Pelosi, Mnuchin narrow differences on aid bill, Pelosi spokesman says
  Reuters
• Coronavirus live updates: Stimulus talks advance ahead of deadline; Midwest leads in new cases per capita
  CNBC
• U.S. blacklists Chinese entities, individuals for dealing with Iran
  Reuters
• Fed's Bostic says significant portions of U.S. recovery are weak or nonexistent
  Reuters
• OPEC+ Vows ‘Proactive’ Response to Precarious Oil Market
  Yahoo/Bloomberg
• Cut-Price Deals Show Shale’s Rapid Decline From Debt-Fueled Boom
  Yahoo/Bloomberg
• Bulls are back in the Nasdaq and options are aflutter
  Reuters
• Oil Industry Turns to Mergers and Acquisitions to Survive
  NYT
• A distracted US is dangerous for Taiwan
  FT
• China risks cementing its structural flaws
  FT

Afternoon

• Wall Street slips as losses in communication services shares weigh
  Reuters
• Benchmark German yield holds near seven-month lows; spreads widen
  Reuters
• White House spokeswoman says cautiously optimistic on coronavirus stimulus deal
  Reuters
• Coronavirus live updates: Hospitalizations climb in 37 states; Canada extends U.S. travel restrictions
  CNBC
• U.S. and Brazil must reduce dependence on China imports: Pompeo
  Reuters
• Brazil GDP to shrink 4% this year, economy at 'inflection point': officials
  Reuters

General

• Stock futures rise as traders weigh rising coronavirus cases, U.S. stimulus talks
  CNBC
• Vaccine hopes drive stocks higher on 'Black Monday' anniversary
  Reuters
• Treasury yields jump amid renewed stimulus hopes
  CNBC
• Time’s up: After a reprieve, a wave of evictions expected across U.S.
  Reuters
• Global coronavirus cases hit 40 million as second wave gathers pace
  CNBC
• Coronavirus live updates: Global cases cross 40 million; Trump’s virus advisor continues to confuse mask message
  CNBC
• China says its economy grew 4.9% in the third quarter
  CNBC
• Instant View: China's economic recovery quickens in third quarter but misses forecasts
  Reuters
• China's Sept property investment growth quickens, sales ease
  Reuters
• China warns U.S. it may detain Americans over prosecutions: WSJ
  Reuters
• Chinese military beefs up coastal forces as it prepares for possible invasion of Taiwan
  SCMP
• Infinite QE Was Always Left Unsaid by the Fed. Until Now.
  Yahoo/Bloomberg
• Vaccine storage issues could leave 3B people without access
  AP
• A blue wave on Election Day may unleash $2.5 trillion in stimulus, Goldman Sachs says
  Yahoo Finance
• Speculators Reverse Big Nasdaq Short
  Yahoo/Bloomberg
• Runaway ETNs Trap Traders in ‘Wild West’ of Index Investing
  WSJ
• Eurozone budget deficits rise nearly tenfold to counter pandemic
  FT
• The debt bubble legacy of economists Modigliani and Miller
  FT

Sunday, October 18, 2020

Evening

• U.S. and Asia Futures Climb on Stimulus Talks: Markets Wrap
  Yahoo/Bloomberg
• Stock futures rise as traders weigh rising coronavirus cases, U.S. stimulus talks
  CNBC
• Dollar clings to gains as traders wait for China growth data
  Reuters
• Pelosi gives White House 48 hours to reach coronavirus stimulus deal before election
  CNBC
• Getting Vaccine Doubters to Roll Up Their Sleeves Won’t Be Easy
  Yahoo/Bloomberg
• Fed, Central Banks Will Find Exit From Massive Stimulus Impeded
  Yahoo/Bloomberg
• China’s Rebound Helps to Stabilize a Shattered World Economy
  Yahoo/Bloomberg
• Managers of $25 Trillion Are Almost All Bond Quant Believers Now
  Yahoo/Bloomberg
• Shadow Bank Recovery Stalls in India as Loan Fears Resurface
  Yahoo/Bloomberg
• Virus Resurgence Sees World Central Bankers Stick to Gloomy Tone
  Bloomberg
• Wall Street’s Hottest Financing Tool Makes Me Worry About the Market
  WSJ

General

• U.S. Speaker Pelosi says differences remain on testing language in coronavirus relief
  Reuters
• Senate to vote this week on 'skinny' pandemic relief bill, PPP funds
  Reuters
• Fed officials call for tougher regulation to prevent asset bubbles: FT
  Reuters
• U.S. Cases Top 50,000 Again; Italy Readies Curbs: Virus Update
  Yahoo/Bloomberg
• Defiant protesters take over Bangkok streets, PM seeks talks
  Reuters
• Pressure on New York City Commercial Real Estate Worries Investors
  WSJ
• Grim picture for US malls as crisis in movies business takes toll
  FT
• Europe’s second wave raises threat of double-dip recession
  FT