Wednesday, September 16, 2020

Thursday's News Links

[Reuters] Stocks buckle, dollar stirs as divided Fed disappoints

[Yahoo/Bloomberg] Stocks Fall, Bonds Gain as Recovery Risk Lingers: Markets Wrap

[Reuters] Oil steady as demand worries revive, crews return to U.S. Gulf rigs

[Reuters] U.S. weekly jobless claims stuck at higher levels

[Reuters] Fed defends 'pedal to the metal' policy and is not fearful of asset bubbles ahead

[Reuters] U.S.-China investment flows slide to nine year-low as bilateral tensions escalate

[CNBC] Coronavirus live updates: Targeted lockdowns return to Europe; BioNTech buys vaccine production site

[CNBC] ‘Very serious situation’ unfolding in Europe, WHO warns, as cases rise dramatically

[Reuters] BOJ holds fire, sees economic gloom lifting slightly

[Reuters] European new car sales fall by 17.6% year-on-year in August: ACEA

[Yahoo/Bloomberg] China’s Biggest Bank Falls Short in Bid to Replenish Capital

[Bloomberg] Powell Can’t Disguise the Limits of Monetary Policy

[NYT] Many Small Businesses Can’t Pay the Rent. A Deal With the Landlord Is Their Only Hope.

[WSJ] Where Trump and Biden Stand on Tax Policy

[WSJ] Fed Sets Higher Hurdles for Rate Increase

[WSJ] Is the Fed Just Seeing Shadows—Or Should We Really Be Worried?

[WSJ] America’s Offices Sit Half-Empty Six Months Into the Covid-19 Pandemic

[WSJ] Car Loans Dodge Distress for Now

[FT] Fed fleshes out new monetary policy — to mixed reviews

[FT] Private equity loads debt and pays itself big dividends

[FT] Tett: Equity investors should raise a glass to low rates

[FT] US plans $7bn arms deal with Taiwan as China ratchets up military threat

Wednesday Afternoon Links

[CNBC] Fed holds rates steady and promises to stay there for years

[CNBC] Dow jumps after Fed pledges to keep rates low for years

[CNBC] Trump suggests he could back a bigger coronavirus stimulus as top aide says he’s more optimistic about a deal

[Reuters] Fading fiscal stimulus crimping U.S. consumer spending

[Reuters] Hurricane Sally lumbers into Gulf Coast, bringing heavy rains

[Reuters] Snowflake shares more than double in U.S. debut, valuation crosses $80 billion