Saturday, April 25, 2020

Saturday's News Links

[Reuters] U.S. deficit could quadruple to $3.7 trillion in coronavirus crisis: CBO

[CNBC] Trump pulls punches and clings to his China trade deal as backlash against Beijing grows

[CNBC] Coronavirus live updates: WHO warns about reinfection, US cases top 900,000

[Reuters] Exclusive: China sent team including medical experts to advise on North Korea’s Kim

[Fox News] Kim Jong Un in 'vegetative state', Japanese media claims; China medical experts dispatched to North Korea

[Yahoo/Bloomberg] Here’s Where $881 Billion in U.S. Aid Went in Month of Spending

[Yahoo/Bloomberg] U.S. Reels Toward Meat Shortages and the World May Be Next

[CNBC] ‘Scary,’ ‘visceral,’ ‘unprecedented’: Traders describe oil’s wild week and fall to negative prices

[Reuters] Oil ETPs: the perils of trading crude like a stock

[Reuters] "No evidence" that recovered COVID-19 patients cannot be reinfected: WHO

[Bloomberg] Bond Investors Count on ECB Stepping Up Buying, for Italy’s Sake

[Bloomberg] The 20 Minutes That Broke the U.S. Oil Market

[Bloomberg] Stock Fire Sales of the Crisis Era Haunt Equity Bulls

[NYT] Reopening Has Begun. No One Is Sure What Happens Next.

[WSJ] Coronavirus Projected to Trigger Worst Economic Downturn Since 1940s

[WSJ] Millions of Credit-Card Customers Can’t Pay Their Bills. Lenders Are Bracing for Impact.

[FT] The costs of fighting this crisis will be with us for years