Friday, April 24, 2020

Friday Afternoon Links

[Reuters] Boeing, Intel pressure Dow as investors wary of economic recovery

[Reuters] Mnuchin says U.S. may take stakes in U.S. energy companies

[Forbes] Brazil Stocks Tank As Famous ‘Car Wash’ Judge Sergio Moro Quits Government

[CNBC] Coronavirus live updates: Georgia businesses reopen cautiously as number of US deaths tops 50,000

[MSN/Bloomberg] Barrack Says Real Estate in ‘Chaos’ as Laws Waived on Rent, Debt

[CNBC] New York will suffer $13.3 billion revenue shortfall from original forecast due to coronavirus, Cuomo says

[Bloomberg] Demand Wanes for Fed’s Initial Crisis Programs With Market Calm

[Bloomberg] Look Beyond Stocks for Extent of Corporate Devastation

[WSJ] Banks Could Prove Weak Partner in Coronavirus Recovery

[WSJ] Pressure Builds on Europe’s Fragile Banking System

[FT] Will American shale oil rise again?

[FT] Global trade contracts as coronavirus hits world economy

Friday's News Links

[Reuters] Wall Street higher on signs of lockdown easing

[Reuters] Global stocks fall on worries over EU stimulus details, coronavirus drug

[Reuters] Oil heads for steep weekly slide after coronavirus turmoil

[CNBC] Coronavirus live updates: Trump comments ‘dangerous,’ Spain reports lowest new deaths in a month

[Reuters] U.S. core capital goods orders unexpectedly rise in March

[AP] Fed will provide monthly disclosures on support programs

[Reuters] Indecisive EU to force ECB into more emergency action

[Yahoo/Bloomberg] Trump Developing Plans to Aid Oil Despite Democrats’ Opposition

[Yahoo/Bloomberg] Lebanon’s Dollar Peg Gives Way to Currency Chaos After Default

[Yahoo/Bloomberg] Everything China Is Doing to Support Its Markets During Pandemic

[Yahoo/Bloomberg] $1 Trillion Debt Pardon Needed for Developing Economies, UN Says

[Reuters] U.S. food banks run short on staples as hunger soars

[Reuters] U.S. must demand transparency of Chinese debt in any debt restructuring deals: senators

[Reuters] Mexico's central bank says falling commodity prices complicate stimulus plans in emerging markets

[Bloomberg] China’s Virus Cases Could Have Been Four Times Official Tally

[Bloomberg] Germany Braces for Worst Economic Slump in Its Post-War History

[Bloomberg] Hedge Funds Are on Defense and Testing the Stamina of a $5 Trillion Stock Rally

[WSJ] Grocers Hunt for Meat as Coronavirus Hobbles Beef and Pork Plants

[FT] Fed’s bailout role could put it in political crosshairs

[FT] US banks pull back from lending to European companies

[FT] Insurers face biggest-ever losses, warns Lloyd’s chief

[FT] Claims mount against Singapore’s Hin Leong