Tuesday, April 21, 2020

Tuesday Evening Links

[Reuters] Oil crash pummels stocks and bond yields; dollar rises

[Reuters] Brent oil futures plunge as growing glut feeds market panic

[Reuters] U.S. Congress, White House agree on nearly $500 billion more coronavirus bailout

[Reuters] Mexican central bank unveils $31 billion stimulus, cuts interest rates

[Reuters] Coronavirus-related job losses hit U.S. black, Hispanic families hardest, studies find

[Yahoo/Bloomberg] Cut Off From Credit, Argentina Gets Central Bank to Pay Bills

[Yahoo/Bloomberg] Turkey Tees Up Yet Another Rate Cut Despite Declines in Currency

[Bloomberg] Historic Oil Rout Poised to Bust Shale, Trump’s Energy Dominance

[Bloomberg] India Eases Up on Currency Intervention, Protecting Reserves

[WSJ] Some States Look to Reopen, but Others Want More Testing First

[FT] World’s largest oil ETF revamps portfolio after market chaos

[FT] India’s coronavirus crisis hits country’s farmers and food supplies

Tuesday Afternoon Links

[CNBC] Dow plunges 630 points, bringing two-day losses to more than 1,000 points

[CNBC] June oil futures contract loses half its value as crude continues unprecedented sell-off

[Reuters] Brent oil drops 25%, near two-decade lows on scant demand, storage

[CNBC] Coronavirus live updates: New York’s unemployment system collapses, UK begins human vaccine trials this week

[Reuters] Trump says he will discuss more coronavirus money for states after current bill passes

[CNBC] Here are the largest public companies taking payroll loans meant for small businesses

[Reuters] U.S. home sales tumble as coronavirus keeps buyers indoors

[Bloomberg] Something Has Snapped in Italy’s Stormy Relationship With Europe

[NYT] The Death of the Department Store: ‘Very Few Are Likely to Survive’

[NYT] Pandemic’s Costs Stagger the Nursing Home Industry

[WSJ] Oil Market’s Crisis Spreads to Individual Investors

[WSJ] Coronavirus Sends One-Fifth of Workers to Unemployment Line in Some States

[WSJ] Fannie, Freddie Regulator Moves to Ease Cash Crunch at Mortgage Servicers

[FT] The collapse in oil is a wake-up call for stock markets

Tuesday's News Links

[Reuters] Stocks slide as sub-zero U.S. crude adds to pandemic jitters

[CNBC] Oil continues unprecedented sell-off: June futures drop 20%, May contract still has a negative price