Thursday, July 16, 2020

Friday's News Links

[Reuters] Wall Street opens higher on optimism over economic recovery

[Reuters] Where did all the bulls go? Rallies stall as EU summit begins

[CNBC] U.S. housing starts total 1.186 million in June, vs 1.169 million expected

[Reuters] As big U.S. banks let customers delay payments, loan losses remain unclear

[CNBC] Coronavirus live updates: U.S. cases spiking as U.K. warns of what could go wrong

[Reuters] U.S. targets all Chinese Communist Party members for possible travel ban: source

[AP] Barr says US now overly reliant on Chinese goods, services

[AXIOS] Barr accuses U.S. firms like Disney and Apple of "bowing to Beijing"

[Reuters] On eve of bankruptcy, U.S. firms shower execs with bonuses

[Yahoo] 'China’s goal is to replace you': Barr warns leaders of America's biggest businesses

[Reuters] China seizes financial firms linked to conglomerate

[Reuters] Hong Kong demands Taiwan officials sign 'one China' document for visa renewal, source says

[AP] Far apart: EU holds masked budget summit in pandemic times

[CNBC] European leaders gather for crunch talks on massive coronavirus fund

[Reuters] Brazil coronavirus cases reach two million, doubling in less than a month

[Reuters] 'In the fight of our lives': Australia posts surge in new COVID-19 cases

[AP] Alarm over new virus outbreaks as India cases pass 1 million

[Bloomberg] China Stocks’ Quickest Reversal Since 2015 Blindsides Investors

[Bloomberg] China’s Manic Traders Test the Communist Party’s Grip on Markets

[NYT] Mask Rules Expand Across U.S. as Clashes Over the Mandates Intensify

[WSJ] Jobs Recovery Shows Signs of Slowing as Virus Surges

[WSJ] The Trouble With a Bubble That Just Won’t Burst

[FT] Angela Merkel warns of significant obstacles to EU summit deal

[FT] New Yorkers fear return of ‘bad old days’ after shootings surge

Thursday Evening Links

[Reuters] U.S. coronavirus cases shatter records and rise by 75,000 in single day

[CNBC] Stock futures rise slightly as Wall Street tries to recover from Thursday’s drop

[CNBC] Netflix shares fall after earnings miss, weak subscriber guidance for third quarter

[Reuters] Wall Street ends lower on COVID-19 worries, tech weighs

[CNBC] Nancy Pelosi says coronavirus aid bill will cost at least $1.3 trillion, but ‘that’s not enough’

[Reuters] U.S. mortgage rates reach historic depths below 3%: Freddie Mac

[AP] Homeowners rush to refinance as 30-year rate falls below 3%

[Reuters] Mexico could lose investment grade rating in 2021: Bank of America

[WSJ] The $52 Trillion Bubble: China Grapples With Epic Property Boom

[WSJ] U.S. Recovery Hangs in Balance

[FT] Barr warns against corporate America’s China ‘appeasement’

Thursday Afternoon Links

[Reuters] S&P 500 slides from five-week high on fears over rising COVID-19 cases

[Reuters] Florida reports biggest one-day increase in COVID-19 deaths since pandemic started

[AP] More than 1M Americans seek help as companies cut more jobs

[Reuters] Trump administration weighs U.S. travel ban on Chinese Communist Party members, source says

[CNBC] Coronavirus live updates: Florida faces remdesivir shortages, Republicans cap convention size 

[Reuters] U.S. retail sales snap back; high unemployment, rising COVID-19 loom over recovery

[Reuters] Explainer: U.S. Congress readies $740 billion defense bill covering far more than bullets

[Bloomberg] A $35 Billion Bite From U.S. Bank Profits May Only Be the Start