Monday, November 23, 2020

Tuesday's News Links

[Reuters] Stocks rise as Biden transition, vaccine progress lift confidence

[Yahoo/Bloomberg] Cyclicals Lead Global Stocks Higher; Dollar Drops: Markets Wrap

[Reuters] Oil hits highest since March collapse on vaccine, Biden transition

[CNBC] Home prices see biggest spike in 6 years in September, according to S&P Case Shiller

[Reuters] ‘We’re drowning’: COVID cases flood hospitals in America’s heartland

[AP] Thanksgiving could be make-or-break in US virus response

[CNBC] Coronavirus live updates: U.S. average daily deaths top 1,500 as cases show the earliest signs of improvement

[Reuters] Analysis: China's bond defaults show Beijing's war on debt is back

[Yahoo/Bloomberg] China Credit Stress Shines Spotlight on Private Stock Deals

[Yahoo/Bloomberg] These AAA-Rated Bonds Are Tumbling as China Default Fears Spread

[Yahoo/Bloomberg] Credit Suisse Woes Deepen With $450 Million York Hedge Fund Hit

[Reuters] German economy grew by 8.5% in third quarter, but recession fears grow

[Yahoo/Bloomberg] Rally 2.0 On for Emerging Markets as Stocks Add $8 Trillion

[Yahoo/Bloomberg] Carson Block’s ‘Insane Alpha’ Disappears in Bad Year for Shorts

[Reuters] China's Manila mission says 'dangerous' U.S. creating chaos in Asia

[CNBC] ‘Close to 1,000’ Cleveland Clinic caregivers infected with Covid-19, says hospital official

[Yahoo/Bloomberg] World Economy Risks Buckling Into 2021 Despite Vaccine Nearing

[WSJ] Yellen Will Confront a Cooling Economic Recovery, Uncertain Stimulus Prospects

[WSJ] Hospitals Prepare for the New Covid Wave

[WSJ] How the 2020 Election Deepened America’s White-Collar/Blue-Collar Split

[FT] Yellen prepares for second act at pinnacle of economic policymaking

[FT] China’s renminbi on course for record six-month run

Monday Evening Links

[Yahoo/Bloomberg] U.S. Futures Gain on Formal Biden Power Transition: Markets Wrap

[Reuters] Biden to choose ex-Fed chair Yellen as first woman Treasury secretary, allies say 

[Yahoo/Bloomberg] U.S. Stocks Rise on Reopening Rotation; Gold Drops: Markets Wrap

[Reuters] U.S. General Services Administration allows Biden transition funds to begin

[CNBC] Coronavirus live updates: Health-care workers under pressure with surge in U.S. cases; air travel picking up

[Yahoo/Bloomberg] Millions of Americans Expect to Lose Their Homes as Covid Rages

[Yahoo/Bloomberg] SEC Pressures China Firms’ Listings, Warning of Accounting Risks

[Reuters] Fed's Evans sees no rate hikes until late 2023, maybe 2024

[Yahoo/Bloomberg] U.S.’s Oil-Crash Report Offers Few Answers for Wild Trading Day

[WSJ] Jamie Dinan’s York Capital Management to Largely Wind Down Hedge Fund Operations

[FT] String of defaults tests safety net for Chinese bonds

Monday Afternoon Links

[Yahoo/Bloomberg] U.S. Stocks Rise on Reopening Rotation; Gold Drops: Markets Wrap 

[Yahoo/Bloomberg] Oil Hits 12-Week High With Vaccine Hopes Bolstering Demand View

[CNBC] Biden chooses former Fed Chair Janet Yellen to be Treasury secretary

[Reuters] U.S. manufacturing, services activity expanding rapidly in November: IHS Markit

[AP] Millions stick to Thanksgiving travel plans despite warnings

[Yahoo/Bloomberg] Meatpacking Link Is Found in Up to 8% of Early U.S. Covid Cases