Monday, April 13, 2020

Monday Afternoon Links

[Reuters] Wall Street slides as investors brace for dour earnings

[MarketWatch] Gold marks another finish at highest price in more than 7 years

[Reuters] Crude gains on output deal, shares slip on recession fears

[Reuters] Trump: It's my decision when to reopen U.S. economy

[CNBC] Coronavirus live updates: First stimulus checks deposited, payouts for small business rescue lag

[CNBC] New York Gov. Cuomo: ‘The worst is over if we continue to be smart’ about coronavirus

[CNBC] WHO officials say it’s unclear whether recovered coronavirus patients are immune to second infection

[Reuters] Mexico's economy to shrink 7.6% this year: UBS

[Bloomberg] Trump’s Oil Deal: The Inside Story of How a Price War Ended

[Bloomberg] Slaughterhouse Shutdowns Raise Concern for Farmers and Consumers

[Bloomberg] Hospitals Race to Secure Big Credit Lifelines From Wall Street

[WSJ] Anthony Scaramucci’s Firm Hit Hard by Credit Collapse

[WSJ] The Coronavirus Economic Reopening Will Be Fragile, Partial and Slow

[WSJ] SoftBank Expects Nearly $17 Billion Loss on Tech-Focused Vision Fund

[FT] US junk borrowers test bond market after Fed package

Monday's News Links

[CNBC] Dow drops 350 points as Wall Street gives back some of last week’s historic gains

[Reuters] Oil prices broadly shrug off output cut as demand worries weigh

[CNBC] Coronavirus live updates: China’s new cases rise above 100, Singapore reports 233 new cases

[Reuters] China's new coronavirus cases near 6-week high, Russian border new battleground

[Reuters] Firms offer ‘Bankruptcy 101’ sessions as defaults projected to skyrocket

[Reuters] 'Elbow to elbow:' North America meat plant workers fall ill, walk off jobs

[Bloomberg] Recovery in Chinese Trade Far From Sight as Global Outlook Dims

[Bloomberg] China Startups Sink After Regulator Says They Misled Investors

[Bloomberg] These Firms Borrowed to Lend to Indebted Companies. It’s Going Badly

[WSJ] U.S. Weighs When to Restart Economy as Europe Looks to Ease Lockdowns

[WSJ] North America’s Oil Industry Is Shutting Off the Spigot

[WSJ] Private-Equity Firms Scramble to Shore Up Coronavirus-Hit Holdings

[WSJ] ‘The Strangest Easter’: Coronavirus Maintains Its Grip as Talk of Reopening Percolates

[FT] Federal Reserve has encouraged moral hazard on a grand scale

[FT] Who will cover America’s missed mortgage payments?

[FT] Luckin debacle shakes investor faith in New York’s China listings