Wednesday, February 26, 2020

Wednesday Evening Links

[CNBC] CDC confirms first possible ‘community spread’ coronavirus case in US

[Reuters] Stocks, oil fall as coronavirus fears grip markets

[CNBC] Coronavirus live updates: US confirms new case, Moody’s slashes auto forecast

[CBS] Korean Air Flight Attendant Working LAX Flights Diagnosed With Coronavirus

[USNWR] New York Monitoring 83 People for Possible Coronavirus, Governor Says No Confirmed Cases

[Reuters] U.S. warns of coronavirus pandemic as Latin America reports first case

[Reuters] Lower mortgage rates, mild weather lift U.S. new home sales to twelve and a half year high

[Reuters] Germany 'heading for epidemic' as virus spreads faster outside China

[Reuters] Moody's cuts 2020 global auto sales outlook on coronavirus hit

[Yahoo/Bloomberg] Virus Damage to China’s Economy Clear From Early Indicators

[Bloomberg] Global Credit Market Seizes Up as Coronavirus Halts Bond Sales

[Bloomberg] Biggest Junk-Bond ETF Suffers Stampede With Credit-Market Freeze

[Bloomberg] Goldman Sees Virus Lifting Gold to $1,800 as ‘Last Resort’ Haven

[Bloomberg] Manhattan’s Hotel Glut Spooked Buyers, Grinding Sales to a Halt

[Bloomberg] Credit Markets Are Finally on the Same Scary Page as Stocks

[Bloomberg] Most New Infections Now Outside China, WHO Says: Virus Update

[WSJ] China Tightens Screening of Travelers, Fearing Reinfection From Abroad

[WSJ] As China’s Economy Suffers, Xi Faces Pressure to Lift Virus Restrictions

[FT] Demise of ‘carry trade’ spells gloom for the Australian dollar

Wednesday's News Links

[Reuters] Wall Street rises following four-day rout

[Reuters] Asian shares slump, bonds rally as virus fears grow

[Reuters] Oil rises on short-covering despite growing fears over coronavirus

[CNBC] Coronavirus live updates: Trump to hold news conference with CDC, Toyota warns of supply chain disruption

[CNBC] US new home sales surge to 12.5-year high in January

[Reuters] Coronavirus pandemic a question of 'when' not 'if', warns U.S.

[Reuters] U.S. warned to prepare for coronavirus pandemic as Europe lockdowns spread

[Reuters] China's January auto sales fell 18.7% year-on-year, worse than forecasted

[AP] China struggles to revive manufacturing amid virus outbreak

[Reuters] Brazil confirms first coronavirus case in Latin America: source

[Reuters] Hong Kong unveils record budget deficit to cushion blow from coronavirus, protests

[Reuters] Don't give China excuse to attack Taiwan during virus outbreak, ministry advisers say

[Bloomberg] ‘High’ Risks Ahead for Italy’s Mountain of Debt, EU Says

[Bloomberg] Mediterranean Bonds Renew Risky Status on Virus-Driven Slump

[Bloomberg] Hong Kong Unveils Stimulus; Korea Cases Top 1,000: Virus Update

[NYT] ‘Not Just an Italian Problem’: Coronavirus Threatens Europe’s Economy

[NYT] Coronavirus Weakens China’s Powerful Propaganda Machine

[WSJ] CDC Warns It Expects Coronavirus to Spread in U.S.

[WSJ] Yield on 10-Year U.S. Treasury Note Hits Record Low

[FT] Helicopter money is here