Monday, October 5, 2020

Tuesday's News Links

[Yahoo/Bloomberg] Stocks Drop After Powell Admonition; Oil Gains: Markets Wrap

[Reuters] Stocks inch to two-week high after Trump leaves hospital

[Reuters] Oil prices gain on supply disruptions, Trump's hospital exit

[Reuters] U.S. trade deficit jumps to largest in 14 years in August

[CNBC] Fed Chair Powell calls for more help from Congress, says there’s a low risk of ‘overdoing it’

[CNBC] Coronavirus live updates: White House blocks FDA vaccine guidelines; EU reviewing Pfizer drug in real-time

[Yahoo/Bloomberg] Bond Traders Start to Bet on a Democratic Sweep

[Reuters] U.S. House's antitrust report hints at break-up of Big Tech firms: lawmaker

[Reuters] Illinois' rating likely cut to junk if income tax measure fails -Citi

[Yahoo/Bloomberg] Goldman Eyes $14 Billion for Its Largest Fund Since 2008 Crisis

[AP] Hurricane Delta now Category 2, roars at Mexico’s Yucatan

[Reuters] In Tokyo, Pompeo slams China and seeks support from Asian allies

[Reuters] Taiwan says military under pressure from China as missions mount

[Bloomberg] Covid-19 Making a Dangerous Comeback in Most Parts of U.S.

[Bloomberg] Brazil’s Economy Faces ‘Exceptionally High’ Risks, IMF Says

[NYT] Top China Critic Becomes Its Defender

[WSJ] Treasury Yields Hit Highest Levels Since June

[WSJ] Lagarde Is Prepared to Add Stimulus, Cut Rates to Support European Recovery

[FT] Investors find new hedges against a US election sell-off

[FT] The great uncoupling: one supply chain for China, one for everywhere else

[FT] Emerging economies face rising interest rates as capital flows ebb

[FT] What is the ETF creation-redemption mechanism?

Monday Evening Links

[CNBC] U.S. stock futures little changed after Monday’s rally

[Reuters] Dollar soft as U.S. stimulus hopes, Trump discharge boost risk sentiment

[Reuters] Trump returns to White House hard hit by coronavirus

[CNBC] Pelosi, Mnuchin speak for an hour but don’t reach a coronavirus stimulus deal

[Reuters] U.S. commercial bankruptcies up 33% year to date

[Reuters] Oil firms begin offshore U.S. evacuations as record-breaking storm threatens

Monday Afternoon Links

[Reuters] Stimulus hopes lift Wall Street as severity of Trump's illness unclear 

[Yahoo/Bloomberg] Treasuries Yields Pop Higher on Chances for Biden Win, Stimulus

[Yahoo/Bloomberg] Oil Jumps With U.S. Stimulus Optimism Lifting Markets

[Reuters] U.S. service sector activity rises above pre-pandemic level in September: ISM survey

[Reuters] U.S. coronavirus relief bill complicated by top Republicans testing positive

[Yahoo/Bloomberg] Fed’s Evans Says He’d Welcome 2.5% Inflation Rate in U.S.

[Reuters] Fed must be 'in it to win it' on inflation goal: Evans

[Yahoo/Bloomberg] Day-Trader Fever Was Boiling Over Just Before October Surprise

[Yahoo/Bloomberg] Wild Market Gyrations Drive Record Cash Into Treasury Fund

[NYT] Calamities Challenge California’s Economic Foundation

[WSJ] The Covid Economy Carves Deep Divide Between Haves and Have-Nots