Tuesday Afternoon Links

[Reuters] Wall Street jumps as May retail sales boost hopes of swift recovery

[CNBC] Texas coronavirus hospitalizations hit new high, up 66% since Memorial Day

[CNBC] Coronavirus live updates: Reopened states see new cases climb, Tenet Healthcare says spikes are manageable

[Times of India] India-China border tensions live updates: At least 20 Indian soldiers killed in violent face-off with China

[AP] Powell warns that long downturn would mean severe damage

[Reuters] Green shoots welcome but recovery still a long road, Fed's Powell says

[The Hour/Washington Post] Brazil on the brink of virus catastrophe

[Reuters] Merkel expects decisions on future EU finances in July -sources

[Reuters] U.S. bank profits plunge 70% on coronavirus loss provisioning

[Bloomberg] Powell Plays Down Significance of Move to Buy Corporate Bonds