Sunday, March 22, 2020

Monday's News Links

[CNBC] Stocks fall even after Fed pledges unlimited asset purchases and Mnuchin says stimulus deal is close

[Reuters] Stocks crumble as more nations shut for business to curb virus

[Reuters] Treasuries - Yields tick up after Fed announces unprecedented stimulus

[Reuters] Oil reverses losses, jumps 4% after Fed promises aggressive asset purchases to support markets

[CNBC] The Federal Reserve just pledged asset purchases with no limit to support markets

[Reuters] Fed takes aggressive new steps to combat coronavirus hit to economy

[AP] Federal Reserve to lend up to $300B to businesses, cities

[CNBC] Mnuchin says Congress is ‘very close’ to a stimulus agreement and must get it done ‘today’

[Reuters] Coronavirus relief bill hits snag in U.S. Senate, talks continue

[CNBC] Coronavirus live updates: Deaths in Spain surge, broad testing ‘weeks if not months’ away

[Reuters] A Fed 'bailout' for Main Street? Speed, collateral stand in the way

[Reuters] Much more serious than the 2008 crisis, former BoE Governor King says

[Reuters] Wealth managers rein in leverage as clients battle markets downturn-sources

[CNN] Millions in India under coronavirus lockdown as major cities restrict daily life

[Bloomberg] Fed Ready for Unlimited QE and Aid for Companies, Municipalities

[Bloomberg] Mortgage Bond Sales Flood Market Amid Pleas for U.S. Help

[Bloomberg] Rupee Sinks to Record With Stocks as India Heads for Lockdown

[Bloomberg] Spat Between China Diplomats Signals Internal Split Over Trump

[NYT] The U.S. Needs China’s Masks, as Acrimony Grows

[WSJ] Federal Reserve Unveils Major Expansion of Market Supports

[WSJ] Bond ETFs Flash Warning Signs of Growing Mismatch

[FT] Turmoil means delicate dance between hedge funds and brokers

[FT] Nationalism is a side effect of coronavirus

[FT] Gold bars in short supply due to coronavirus disruption