Monday, February 10, 2020

Tuesday's News Links

[Reuters] Stocks reach record highs on hopes virus is peaking

[Reuters] Oil rises from 13-month low as new virus cases slow

[AP] Powell: Economy looks resilient despite risk of China virus

[Reuters] Fed Chair Powell says U.S. economy "resilient," but warns on coronavirus, productivity

[CNBCs] Powell stresses that Fed is ‘closely monitoring’ coronavirus for hit to China and the world

[Reuters] As Trump takes aim at EU trade, European officials brace for fight

[CNBC] Coronavirus live updates: Singapore predicts a 25% to 30% drop in 2020 visitor arrivals

[Reuters] Coronavirus could trim 1 percentage point from China GDP growth: government researcher

[Reuters] Explainer: Companies consider force majeure as coronavirus spreads

[Reuters] Four from Hong Kong building show virus symptoms, Lam urges people to stay home

[Reuters] China says Taiwan drills are meant to hone combat capabilities

[Bloomberg] China’s Cogs in the Global Supply Chain Are Struggling to Restart

[Bloomberg] China’s Silent Factories Fuel Workers’ Fears of Virus

[Bloomberg] How the Rise of Passive Investing May Be Creating Huge Distortions in the Market

[Bloomberg] Das: $3 Trillion Can't Buy China Out of Virus Trouble

[WSJ] Fed Chairman Heads to Capitol Hill Facing New Questions Over Growth Risks

[WSJ] Insurers Drive Up Prices for U.S. Businesses

[WSJ] A Chinese College Nurtured a Sprawling Business Empire. Then Came a Debt Crisis.

[WSJ] China Outbreak Weighs on Commodities, From Oil to Hogs

[WSJ] Turkish Troop Losses Mount After Clash With Assad Forces

[FT] How America’s 1% came to dominate equity ownership

Monday Evening Links

[Reuters] S&P 500, Nasdaq reach record closing highs; Chinese workers return

[Reuters] Safe-havens rise on coronavirus concerns, stocks rebound

[CNBC] Coronavirus live updates: Contact detection app, US GDP hit, automakers restart production

[Reuters] Fed's Daly: Inflation is 'far better' a bit above target than below

[AP] US says Chinese military stole masses of Americans’ data

[CNBC] 1 in 3 consumers fear they will max out a credit card

[Reuters] Italy's Renzi threatens government with no-confidence motion in 5-Star minister

[Bloomberg] Consumer Insolvencies Approach Record in Debt-Weary Canada

[FT] What is driving Sinn Féin’s electoral surge in Ireland?