Wednesday, July 29, 2020

Thursday's News Links

[Yahoo/Bloomberg] Stocks Retreat as Earnings Roll In: Markets Wrap

[Reuters] Stocks fall as Fed's pledge relief rally fades

[Yahoo] Donald Trump calls for delay to 2020 US presidential election

[AP] US economy shrank at record-breaking 33% rate last quarter

[CNBC] U.S. weekly jobless claims total 1.434 million, vs 1.45 million expected

[Reuters] China says U.S. fuelling new Cold War due to presidential election

[Yahoo/Bloomberg] A $158 Billion CLO Bet Is Putting the Insurance Industry at Risk

[Reuters] Hong Kong's commercial lenders on edge as building values tumble

[CNBC] Coronavirus live updates: Daily U.S. cases top 70,000 again; study finds J&J vaccine protected monkeys with one dose

[Reuters] Coronavirus plunges German economy into record recession

[Reuters] Ravaged by coronavirus, Mexico's GDP falls record 17.3% in second quarter

[Reuters] Daily coronavirus cases in India top 50,000 for first time

[Reuters] Australia reports record spike in coronavirus cases, 13 deaths

[Bloomberg] China’s Xi Sets His Sights on Taiwan After Subduing Hong Kong

[Bloomberg] Hong Kong Moves to Crush Opposition With Sweeping Candidate Ban

[NYT] Lawmakers, United in Their Ire, Lash Out at Big Tech’s Leaders

[WSJ] U.S. Economy Contracts at Record 32.9% Annualized Rate; Jobless Claims Rise to 1.43 Million

[WSJ] Europe’s Banks Take Hefty Charges as Coronavirus Impact Emerges

[FT] Fed plans for ‘the worst’ as it waits for Congress to act

[FT] A coronavirus vaccine could split America

[FT] We all need to reassess what we understand by the word ‘risk’

Wednesday Evening Links

[Yahoo/Bloomberg] Stocks Rally, Dollar Falls on Dovish Fed Remarks: Markets Wrap

[Reuters] Dollar hits two-year lows as Fed affirms dovish stance

[Yahoo/Bloomberg] Gold Gains With Fed Flagging Risk From Virus and Dollar Dropping

[Reuters] Mexican peso, Brazilian real falter; Other Latam FX gain after Fed decision

[Reuters] Fed chief says coronavirus surge starting to dent U.S. economic recovery

[CNBC] Big Tech testifies: Bezos promises action if investigation reveals misuse of seller data, Zuckerberg defends Instagram acquisition

[Reuters] U.S. renters owe $21.5 billion in back rent; Republicans offer no eviction relief

[CNBC] Coronavirus live updates: U.S. death toll tops 150,000 as hard-hit states reach record-high average deaths

[Yahoo/Bloomberg] Hedge Funds Open by the Thousands in China, Piling Into Stocks

[Bloomberg] Fed Sticks to Whatever It Takes With No Sign of Virus Easing

[Bloomberg] Powell Says More Fiscal Policy Needed While Recovery Struggles

[WSJ] Fed Maintains Stimulus Commitment as Economic Outlook Dims

[FT] Dollar weakens after Federal Reserve boosts liquidity measures

Wednesday Afternoon Links

[Reuters] Upbeat earnings lift Wall Street as focus shifts to Fed

[Reuters] Fed's Powell says coronavirus surge starting to weigh on economic recovery

[AP] Trump dismisses virus aid for cities, lashes out at GOP

[Reuters] Trump in no hurry for coronavirus deal as White House, lawmakers tangle

[Reuters] U.S. Treasury makes $10 billion loan available to postal service as part of coronavirus relief

[Reuters] 'Vaccine nationalism': Is it every country for itself?

[CNBC] Kodak shares soar 400% in wild ride after Trump taps the former film giant to make drug ingredients

[Bloomberg] U.S. Is About to Unveil the Ugliest GDP Report Ever Recorded

[FT] Fed warns virus resurgence threatens economic recovery