Monday, March 30, 2020

Tuesday's News Links

[CNBC] Stock fall more than 1% as the Dow heads for its worst first quarter ever

[Reuters] Stocks end worst quarter since 2008 with small recovery

[Reuters] Dollar surges on quarter-end flows; outlook robust

[Reuters] Oil rises after 18-year lows prompt U.S.- Russia talks plan

[Reuters] Coronavirus live updates: More Americans died from coronavirus than 9/11 attacks, airlines to consolidate routes

[Reuters] Fed broadens access to dollars with repo agreement for foreign central banks

[Reuters] Explainer: What the Federal Reserve has done in the coronavirus crisis

[CNBC] Home price gains were strong in January, says S&P Case-Shiller, before coronavirus hit US economy

[Reuters] Japan's factory output slows, plunge seen as virus grips economy

[Reuters] China March factory activity unexpectedly expands, but outlook still grim

[Yahoo/Bloomberg] Nightmare Haunting Euro Founders May Be a Reality With Italy

[Reuters] KFC owner Yum Brands breaks junk debt market's four-week fast

[Reuters] Australia's AAA rating under a cloud as debt, deficit blow out

[Reuters] Tokyo records most new coronavirus cases in a day as pressure for lockdown builds

[Reuters] Brazil's jobless rate rises to 11.6% in three months to February - IBGE

[Bloomberg] Goldman Sachs Sees 34% Plunge in U.S. GDP and 15% Unemployment

[Bloomberg] White House, Congress Weigh Next Stimulus With Virus Spreading

[Bloomberg] BOJ Fix for Bank Funding Sparks Turmoil in Japan’s Repo Market

[Bloomberg] Hedge Demand Shows ‘No Faith in This Rally,’ Credit Suisse Says

[Bloomberg] Turkey Widens Emergency Response With Central Bank’s Bond Buying

[NYT] U.S. Retail Crisis Deepens as Hundreds of Thousands Lose Work

[FT] Big banks left hanging after ‘disaster’ in risky loan market

[FT] Dealmaking grinds to a halt on coronavirus impact

[WSJ] Fed to Launch New Lending Facility for Foreign Central Banks

[WSJ] Credit Hedge Fund Suspends Redemptions in Sign of Market Stress

[WSJ] Huawei Warns U.S. of Retaliation by Beijing; Profit Growth Slows

Monday Evening Links

[CNBC] Stocks continue their rebound from coronavirus plunge, Dow jumps 3%

[Reuters] Brent tumbles to lowest since 2002, U.S. crude dips below $20/bbl

[Reuters] Emerging Markets - Mexico's peso leads Latam FX lower, Stocks edge up

[CNBC] Coronavirus live updates: Global cases continue to climb, tops 782,000

[Reuters] Coronavirus drives U.S. March auto sales off a cliff

[Reuters] Texas business activity falls off the coronavirus cliff

[Yahoo/Bloomberg] Unknowns Await Emerging Markets After Biggest Moves Since 2008

[Yahoo/Bloomberg] China Clashes at Virus Epicenter Show Risks Facing Xi Jinping

[AP] Rent strike idea gaining steam during coronavirus crisis

[Bloomberg] A Quarter of Annual Buyback Volume Was Yanked by Goldman Clients

[WSJ] U.S. Prepares for Prolonged Shutdowns as Coronavirus Strains Hospitals

[WSJ] The Fed Transformed: Jay Powell Leads Central Bank into Uncharted Waters

[WSJ] Pressure Mounts on Insurance Companies to Pay Out for Coronavirus

[FT] Emerging market central banks embark on radical stimulus policies

[FT] Staying at home is a luxury many Indian workers cannot afford

[FT] South Africa’s rand hits record low after debt downgrade

Monday Afternoon Links

[Reuters] Wall St. gains as investors weigh stimulus against shutdown

[CNBC] Coronavirus live updates: Maryland issues strict penalties for stay-at-home order violations, USNS Comfort arrives in NYC

[CNBC] Coronavirus job losses could total 47 million, unemployment rate may hit 32%, Fed estimates

[Reuters] Deaths, intubations swamp New Orleans doctors in coronavirus surge

[The Hill] Governor issues stay-at-home order for South Florida

[MSN/Bloomberg] Italy Risks Losing Grip in South With Fear of Looting, Riots

[Reuters] Indian police fire tear gas at jobless workers defying coronavirus lockdown

[Bloomberg] Volatility ‘Earthquakes’ Keep Lashing Wall Street’s Risk Models

[Bloomberg] ‘Little Flu’ Can’t Hurt Him: Why Bolsonaro Still Shuns Lockdowns

[Bloomberg] ECB Bought Record Amount of Debt Last Week in Virus Fight