Tuesday, March 31, 2020

Tuesday Evening Links

[CNBC] Dow futures fall more than 200 points after market posts worst first quarter on record

[CNBC] White House predicts 100,000 to 240,000 will die in US from coronavirus

[Reuters] Trump warns Americans of a tough two weeks in coronavirus fight

[Reuters] U.S. small-business coronavirus loans could see millions of applications: officials

[Bloomberg] Gundlach Says Stocks to Fall Beyond Lows Reached in March

[Bloomberg] Food Security Fears Starting to Threaten Rice Exports in Asia

[NYT] How Powell and Mnuchin Became the Duo in Charge of Saving the Economy

[WSJ] U.S. Braces for Surge in Coronavirus Patients

[FT] The Federal Reserve unshackled

[FT] Bond manager seeks waiver to avoid fire sale of junk bonds

Tuesday Afternoon Links

[CNBC] Dow drops 400 points as stocks close out their worst first quarter ever

[Reuters] Oil ends March with biggest monthly and quarterly losses ever

[Reuters] Trump calls for $2 trillion infrastructure bill to help economy during coronavirus crisis

[CNBC] Gov. Cuomo says coronavirus is ‘more dangerous’ than expected as New York cases jump 14% overnight to 75,795

[CNBC] Coronavirus live updates: New York cases jump to over 75,000 as ambulances, trucks and paramedics are sent to NYC

[CNBC] New York state just surpassed China’s Hubei province for reported coronavirus cases

[Reuters] With hospitals under siege, U.S. to build hundreds of temporary coronavirus wards

[Reuters] 'Sailors do not need to die,' warns captain of coronavirus-hit U.S. aircraft carrier

[Reuters] Cash-starved Latam companies rush for credit as govt help lags

[Bloomberg] Trump Dusts Off Infrastructure Ideas, Urges $2 Trillion Spending

[Bloomberg] Italy and Spain Point to Covid-19’s Staggering Oil-Demand Hit

[WSJ] The Oil Glut Is Getting Critical

[FT] Banks say Fed rescue threatens mortgage hedging strategies 

Tuesday's News Links

[CNBC] Stock fall more than 1% as the Dow heads for its worst first quarter ever

[Reuters] Stocks end worst quarter since 2008 with small recovery

[Reuters] Dollar surges on quarter-end flows; outlook robust

[Reuters] Oil rises after 18-year lows prompt U.S.- Russia talks plan

[Reuters] Coronavirus live updates: More Americans died from coronavirus than 9/11 attacks, airlines to consolidate routes

[Reuters] Fed broadens access to dollars with repo agreement for foreign central banks

[Reuters] Explainer: What the Federal Reserve has done in the coronavirus crisis

[CNBC] Home price gains were strong in January, says S&P Case-Shiller, before coronavirus hit US economy

[Reuters] Japan's factory output slows, plunge seen as virus grips economy

[Reuters] China March factory activity unexpectedly expands, but outlook still grim

[Yahoo/Bloomberg] Nightmare Haunting Euro Founders May Be a Reality With Italy

[Reuters] KFC owner Yum Brands breaks junk debt market's four-week fast

[Reuters] Australia's AAA rating under a cloud as debt, deficit blow out

[Reuters] Tokyo records most new coronavirus cases in a day as pressure for lockdown builds

[Reuters] Brazil's jobless rate rises to 11.6% in three months to February - IBGE

[Bloomberg] Goldman Sachs Sees 34% Plunge in U.S. GDP and 15% Unemployment

[Bloomberg] White House, Congress Weigh Next Stimulus With Virus Spreading

[Bloomberg] BOJ Fix for Bank Funding Sparks Turmoil in Japan’s Repo Market

[Bloomberg] Hedge Demand Shows ‘No Faith in This Rally,’ Credit Suisse Says

[Bloomberg] Turkey Widens Emergency Response With Central Bank’s Bond Buying

[NYT] U.S. Retail Crisis Deepens as Hundreds of Thousands Lose Work

[FT] Big banks left hanging after ‘disaster’ in risky loan market

[FT] Dealmaking grinds to a halt on coronavirus impact

[WSJ] Fed to Launch New Lending Facility for Foreign Central Banks

[WSJ] Credit Hedge Fund Suspends Redemptions in Sign of Market Stress

[WSJ] Huawei Warns U.S. of Retaliation by Beijing; Profit Growth Slows