Wednesday, February 19, 2020

Thursday's News Links

[CNBC] Dow falls 150 points, S&P 500 and Nasdaq pull back from record highs

[Reuters] Dollar tramples yen and everything else in its path

[Reuters] Yen's safe-haven status under siege as Japan's economy sputters

[CNBC] Coronavirus live updates: US hospitals prepare for possible pandemic, Air France tallies ‘brutal’ impact from outbreak

[Reuters] China Jan new bank loans hit record, more policy support seen

[UK Guardian] South Korean city on high alert as coronavirus cases soar at 'cult' church

[Reuters] China cuts benchmark lending rate to prop up virus-hit economy

[CNBC] Morgan Stanley to buy E-Trade for $13 billion in latest deal for online brokerage industry

[CNBC] Fed Vice Chair Clarida throws cold water on traders pricing in a rate cut

[Reuters] Manufacturers entangled in logistical nightmare as virus-hit China limps back to work

[Bloomberg] China’s Credit Surged in January Before Virus Froze Economy

[Bloomberg] Emerging-Market Businesses Binge on U.S. Dollar Bonds

[Bloomberg] Euro Is Swept Up in Global Funding Frenzy and Set for More Pain

[Bloomberg] South Korea Posts Surge in Coronavirus Cases Tied to Church

[Bloomberg] China’s Neighbors at Risk as Deadly Virus Continues to Spread

[WSJ] Energy Companies Face Looming Debt Burden

[FT] Coronavirus puts stocks at ‘high’ risk of correction, Goldman warns

[FT] Debt markets should pay attention to Lebanese stand-off

Wednesday Evening Links

[CNBC] S&P 500 rises to an all-time high as tech shares lead, Dow gains 150 points

[Reuters] Dollar index surges to near three-year high as yen dips on stronger risk appetite

[Reuters] European shares hit record high on drop in new virus cases, hopes of China stimulus

[CNBC] Fed officials feel rates are likely to stay where they are, minutes show

[CNBC] Goldman says market underestimating coronavirus risk: ‘Correction is looking much more probable’

[Bloomberg] China Nears Takeover of HNA Group as Virus Hits Business

[Bloomberg] As Cases Mount, Japan Is Rapidly Becoming a Coronavirus Hotbed

[Bloomberg] American Everything Rally Has Best Risk-Adjusted Gain Since ‘82

[Bloomberg] Risky Debt is Starting to Look the Same in Junk World

[WSJ] ‘I Was So Scared’: Infectious Disease Doctor’s Day on Japan’s Coronavirus Cruise Ship

[FT] Turkey lowers borrowing costs again in push to reboot growth