Wednesday, April 8, 2020

Thursday's News Links

[Reuters] Wall Street jumps after Fed's massive stimulus, jobless claims data

[CNBC] Oil jumps 12% amid report Saudi Arabia and Russia have reached a deal, cut could reach 20 million barrels per day

[Reuters] Global stocks gain on hopes pandemic is nearing peak

[CNBC] Federal Reserve unveils details of $2.3 trillion in programs to help support the economy

[CNBC] US weekly jobless claims total 6.6 million, vs 5 million expected

[Reuters] Democrats, Republicans at odds over next coronavirus aid

[CNBC] Coronavirus live updates: Gottlieb says US won’t be able to make enough treatment to meet demand

[AP] Virus casts a dark cloud over once-thriving home market

[Reuters] PM Johnson 'getting better' in intensive care

[UK Guardian] EU risks break-up over 'coronabonds' row, warns Italian PM

[Reuters] IMF chief says pandemic will unleash worst recession since Great Depression

[Reuters] BOJ's Kuroda warns corporate funding strains worsening

[Reuters] ECB minutes show qualms about pulling out all stops in virus fight

[Bloomberg] Missed Rent Payments Cascade Across the Real Estate Industry

[Bloomberg] Old Animosity Haunts Europe Grasping for Response to Pandemic

[Bloomberg] Coronavirus May ‘Reactivate’ in Cured Patients, Korean CDC Says

[WSJ] Fed Expands Corporate-Debt Backstops, Unveils New Programs to Aid States, Cities and Small Businesses

[WSJ] Nearly a Third of U.S. Apartment Renters Didn’t Pay April Rent

[FT] Fed to provide extra $2.3tn in loans

[FT] Gold bugs vindicated by coronavirus rally

[FT] Muni bond issuers and investors call for rapid relief from the Fed

[FT] Transcript: Bill Gates speaks to the FT about the global fight against coronavirus

[FT] The pandemic will forever transform how we live