Tuesday Evening Links

[Reuters] S&P 500 ends higher on growing hopes Fed will stay accommodative

[Reuters] White House's Meadows says moderates' COVID relief plan could lead to more talks

[Reuters] Fed nominee Shelton doesn't yet have Senate support, Thune says

[Reuters] Tech stocks most 'crowded trade' of all time: BAML survey

[CNBC] The Fed could could still move markets Wednesday even with rates on hold for the foreseeable

[CNBC] Coronavirus live updates: At least 24 million students could drop out of school, UN says; Pelosi renews call for large Covid stimulus package

[AP] ‘Huge rainmaker’: Hurricane Sally threatens historic floods

[Reuters] Perpetual recession? Recovery in a year? Economists deeply divided on U.S. future

[Reuters] Banks lower revenue outlook as pandemic crimps loan demand

[Bloomberg] China’s Paper Win at WTO Doesn’t Dissuade Trump From Trade War

[Bloomberg] Richest Americans Got Richer in Past Decade, Far Outpacing Poor

[Bloomberg] Lower-Credit Homeowners Weigh Heavily on U.S. Mortgage Market

[Bloomberg] U.S. Municipalities Selling Taxable Bonds at Near Record Pace

[Bloomberg] Why Liquidity Is a Simple Idea But Hard to Nail Down

[WSJ] Why Did Stock Markets Rebound From Covid in Record Time? Here Are Five Reasons

[FT] Trump’s nomination of Judy Shelton to Fed falters

[FT] US shale producers bleed cash despite slashed spending

[Bloomberg] Ray Dalio Warns of Threat to Dollar as Reserve Currency