Thursday, March 19, 2020
Evening
- Futures point to 300-point drop for the Dow, reversing Thursday’s gains
- Fed balance sheet hits record, banks tap loans as crisis measures take hold
- Banks face liquidity strain as corporations tap revolving credits
- Bond fund outflows set weekly record as virus upends markets: Lipper
- Rates on commercial paper continue to rise after Fed action
- Coronavirus: California estimates 25.5 million residents — 56% of the state — will get virus in next 8 weeks
- Distressed Debt in U.S. Doubles to $500 Billion in Two Weeks
- High-Grade Bond-Fund Outflows Hit $35.6 Billion, Smashing Record
- Record Exodus From Muni-Bond Funds Fuels Worst One-Day Rout
- Steve Cohen’s Point72 Quant Unit Falls 22% in March
- Trump Says Coronavirus Could Have Been ‘Stopped’ in China
- Hedge Funds Hit by Losses in ‘Basis Trade’
Afternoon
- Wall Street ends higher to stem coronavirus selloff
- U.S. oil reverses losses, posts largest one-day gain on record
- 'No ordinary time': Senate hustles on $1 trillion coronavirus bill
- New York Gov. Cuomo orders 75% of non-essential workforce to stay home as cases surge to 4,152
- Fed's Rosengren says liquidity tool meant to prevent run on prime money market funds
- Italy passes China's coronavirus death toll, prepares to extend lockdown
- U.S. says will buy initial 30 million barrels of oil for strategic reserve
- Coronavirus live updates: Expert says virus could kill millions, seniors get special shopping hours
- Bank of England cuts rates to 0.1%, ramps up bond-buying
- Muni-Bond Liquidity Crisis Hits Governments With Rates Up to 11%
- Muni-Bond Investors Yank a Record $12 Billion from Mutual Funds
- Credit Is the Scariest Market to Watch, Not the Dow or S&P
- Fed Ramps Up Bond Buying, Indicating Much Larger Purchases Are Likely
- The Next Coronavirus Financial Crisis: Record Piles of Risky Corporate Debt
- Companies Are Suspending Dividends Because of the Coronavirus
- Why the Fed is trying to tame the dollar
- ECB and Bank of England deploy their big bazookas
General
- Wall Street sinks again as virus response falls short
- Dollar rules; ECB stimulus boosts bonds
- Credit markets flash red as coronavirus hits corporate America
- Oil jumps after three-day slump but virus and oversupply still weigh
- Fed opens new dollar swap lines with 9 new foreign central banks
- ECB to print 1 trillion euro this year to stem coronavirus rout
- U.S. Fed moves to ensure liquidity in money market mutual funds
- UK prepares for lockdown; EU’s chief Brexit negotiator has coronavirus
- Exclusive: China to ramp up spending to revive economy, could cut growth target - sources
- Central banks deploy trillions to keep economy running
- Japan may hand out cash to households in stimulus package to battle virus fallout
- Australia c.bank embarks on QE, cuts rates to record lows
- South Korea warns of global credit crunch, will support dollar funding needs
- Automakers to Close Factories in North America
- Enormous De-Leveraging in Bond Market Smacks of Margin Calls
- Dollar Soars to Record as Funds Dump Everything in Risk Exodus
- Global Liquidation Triggers Limit Down in Multiple Asia Markets
- Fed Starts Emergency Program to Aid Money Market Mutual Funds
- China Builders Face Defaults as Cashflow Comes Under Pressure
- World Could Need $26 Trillion Stimulus, Top Global Fund Says
- Coronavirus Testing Chaos Across America
- Consumers Face a Massive Credit Crunch. Lenders Are Still Figuring Out What To Do.
- Turmoil in Funding Markets Drags Down Mortgage REITs
- The shocking coronavirus study that rocked the UK and US