Tuesday's News Links

[Reuters] Stocks ease after five-day run as virus worries weigh

[AP] Global stocks slip as virus outbreaks dim hopes for rebound

[UK Guardian] Brazilian president Jair Bolsonaro tests positive for coronavirus

[Reuters] Pompeo says U.S. looking at banning Chinese social media apps, including TikTok: Fox

[CNBC] States in fiscal crisis and cuts to basic services loom as coronavirus ravages local economies

[Reuters] Hospitalizations jump 50% in California as coronavirus infections soar

[MSN/Washington Post] States mandate masks, begin to shut down again as coronavirus cases soar and hospitalizations rise

[Yahoo/Bloomberg] Fallen Hedge Fund’s Head Among Money Managers Getting PPP Relief

[Reuters] EU sees deeper recession, less steep rebound for euro zone

[Yahoo/Bloomberg] All Eyes on China’s Unstoppable Stocks After $460 Billion Rally

[Yahoo/Bloomberg] Lansdowne to Shut Main Hedge Fund in Retreat From Shorting

[CNBC] Brazil's Bolsonaro tested for coronavirus after feeling unwell, reporting a high temperature

[Bloomberg] U.S. Home Prices Seen Falling 6.6% on Covid-19 Economic Damage

[Bloomberg] Chinese Trading Apps Struggle as Millions of Investors Pile In During Rally

[WSJ] The World Can’t Take Much More Shale Gas

[WSJ] China Orders Up a ‘Healthy Bull Market,’ and Stocks Oblige

[WSJ] Chinese Developer Fails to Repay Bondholders

[FT] Federal Reserve official warns US recovery may be ‘levelling off’

[FT] China’s support for US dollar can no longer be relied upon

Monday Evening Links

[Reuters] Asian stocks set to follow U.S. higher on China hopes, upbeat data

[CNBC] Stock futures rise slightly following a strong rally on Wall Street

[CNBC] Coronavirus live updates: California asks more counties to close indoor businesses as cases grow

[AP] Hospitals approaching capacity as Miami closes restaurants

[Reuters] U.S. pandemic aid program saved 51.1 million jobs, but wealthy and connected also benefited

[AP] The Latest: Financial firms among big relief fund recipients

[Yahoo/Bloomberg] Public Pension Reckoning Delayed With Stimulus Pumping Up Stocks

[Yahoo] How soon coronavirus could deplete the government’s major trust funds

[Reuters] Japan's household spending drops at record pace as virus hits economy

[Yahoo/Bloomberg] Sizzling Demand Drives Asian Dollar Bond Orders to 15-Month High

[Yahoo/Bloomberg] ‘Panic Buying’ Drives China-Focused ETF’s Biggest Gain Since ‘09

[NYT] Lobbyists, Law Firms and Trade Groups Took Small-Business Loans

Monday Afternoon Links

[Reuters] Wall Street gains on strong services sector data, China-led recovery hopes

[Reuters] Gold gains as surging virus cases eclipse positive U.S. data

[Reuters] Risk-on move dents dollar; yuan set for best day since Dec

[Reuters] U.S. service sector rebounds strongly in June

[CNBC] Coronavirus hospitalizations grow in more than 20 states as Texas admissions soar to new record

[CNN] Doctors say the US is in a 'free fall' with coronavirus as 32 states struggle with higher rates of infection

[CNBC] Immunity to the coronavirus is ‘fragile’ and ‘short-lived,’ immunologist warns

[Reuters] UK's Raab rejects China's criticism of 'gross interference'

[CNBC] China told citizens to buy stocks, boosting market — ‘We have the Fed...China has its state media’