Monday, June 8, 2020

Tuesday's New Links

[Reuters] Stocks fall as recovery rally pauses ahead of Fed meeting

[Reuters] Europe turns red as bulls run out of charge

[Yahoo/Bloomberg] Gold Advances Before Fed Meeting as Global Risk Rally Stalls

[Reuters] Oil down on stronger dollar, oversupply concerns

[AP] Fed acts to broaden appeal of ‘Main Street’ lending program

[Yahoo/Bloomberg] Fed Needs Better Answers on Runaway Markets and Inequality

[Yahoo/Bloomberg] Speculative Fervor in U.S. Stocks Surges to ‘Stunning’ Levels

[Yahoo/Bloomberg] Signs Stock Rally is Doomed to End After $21 Trillion Rebound

[MarketWatch] IPO market gears up for another busy week with 8 deals expected to raise $2 billion

[Reuters] China's troubled Baoshang rescue exposes fault lines in bank reform drive

[CNBC] The U.S.-China ‘cold war’ is here — and Beijing may start targeting Washington’s allies, analysts say

[Reuters] German exports plunge as coronavirus wrecks demand in April

[Reuters] S&P cuts Japan's debt outlook as spending surges during pandemic

[CNBC] Texas reports a record number of hospitalized coronavirus patients after state reopened early

[AP] North Korea says it will cut communication channels with South Korea

[Bloomberg] As Many as 25,000 U.S. Stores May Close in 2020, Mostly in Malls

[Bloomberg] Can the U.S. End China’s Control of the Global Supply Chain?

[Bloomberg] Outbreaks at 60 U.S. Food Plants Raise Specter of More Shortages

[FT] Fed faces tricky balancing act in recession response

[FT] Collapsing rates leave investors dangerously exposed to equity risk

Monday Evening Links

[Yahoo/Bloomberg] S&P 500 Wipes Out 2020 Loss With a Historic Rally: Markets Wrap

[Reuters] Nasdaq hits new record on swift economic recovery hopes

[Reuters] Gold rises as investors bet on dovish signals from Fed

[Reuters] Oil falls 3% despite OPEC+ cuts as Gulf ends voluntary curbs

[Reuters] It's official: U.S. economy entered recession in February

[AFP] Pandemic drives broadest economic collapse in 150 years: World Bank

[Yahoo/Bloomberg] Roach: A Crash in the Dollar Is Coming

[CNBC] Coronavirus live updates: Texas hospitalizations jump; California releases guidance regarding reopening schools

[Yahoo/Bloomberg] Shale Pioneer Chesapeake Plans Bankruptcy With Options Dwindling

[Reuters] ECB's Lagarde defends bond buys against northern challenge

[Reuters] Emerging market credit default swaps hit record $521 bln in 1st qtr - report

[Reuters] Brazil 'driving in the dark' on COVID-19 as contradictory data deepens confusion

[WSJ] Federal Budget Deficit Nears $2 Trillion For Fiscal Year

[FT] Fed’s corporate bond facility faces teething problems

[FT] Rising markets and inequality grow from the same root

[FT] Emerging economies forecast to shrink for first time in 60 years

[FT] Chinese investment in Australia falls 58%