Wednesday, October 14, 2020

Thursday's News Links

[Yahoo/Bloomberg] Stocks Sink on Despair Over Stimulus, Virus Curbs: Markets Wrap

[Reuters] Europe tumbles 2% on COVID curbs and Brexit impasse

[Reuters] Oil slides as new lockdown measures threaten demand recovery

[CNBC] Jobless claims jump, hitting highest level since mid-August

[Yahoo/Bloomberg] Stimulus Doomed by Diverging Goals of Trump, Pelosi, McConnell

[AP] Europe reels as it sets virus records, slaps on new rules

[CNBC] Coronavirus live updates: WHO cautions against full lockdowns, Oxford scientists develop 5-minute antigen test

[Yahoo/Bloomberg] Mortgage Credit for Some Americans Drying Up Amid Supply Deluge

[Reuters] China's factory-gate prices fall at faster pace, consumer prices rise more slowly

[SCMP] What does China's September loan data mean for the economy and the yuan?

[Yahoo/Bloomberg] IMF Joins Powell and Lagarde Urging Governments to Keep Spending

[Yahoo/Bloomberg] Markets Without Havens Are Becoming All Too Real

[Yahoo/Bloomberg] Banks Brace for ‘Big Bang’ Switch on $80 Trillion Worth of Swaps

[CNBC] ‘Nightmare’ U.S. stock valuations driven by ‘young, dumb’ investors, fund manager says

[Reuters] China says U.S. undermines Taiwan Strait's stability

[Reuters] Value fund manager AJO to wind down business after losses

[Bloomberg] The Treasury Market May Be So Big That the Fed Can’t Step Away

[WSJ] College Enrollment Slid This Fall, With First-Year Populations Down 16%

[WSJ] China’s Households Are Shouldering the Burden of Its Recovery

[FT] Will America tear itself apart? Inside a looming constitutional crisis

[FT] From peak city to ghost town: the urban centres hit hardest by Covid-19

[FT] Raghuram Rajan: ‘Society has to find a new equilibrium’

Wednesday Evening Links

[CNBC] Stock futures are flat as Wall Street tries to recover from 2-day slide

[Reuters] World stocks sag on pandemic surge, gold gains on safety bid 

[Yahoo/Bloomberg] Stimulus Chances Dying as Mnuchin Cites Closeness of Election

[Reuters] Exclusive: Trump administration to consider adding China's Ant Group to trade blacklist - sources

[Reuters] Big U.S. banks offer muddled outlook on how bad coronavirus losses might get

[CNBC] Coronavirus live updates: France declares public health emergency; congressional relief deal remains elusive

[NPR] Paris Under Curfew: Europe Reacts As Countries See Highest-Ever Coronavirus Numbers

[Reuters] No time for conviviality: France imposes curfews to beat back coronavirus

[Reuters] U.S. State Department issues sanctions warning to banks over Hong Kong crackdown

[Yahoo/Bloomberg] Shaky U.S. Hospitals Risk Bankruptcy in Latest Covid Wave

[Yahoo/Bloomberg] U.S. Oil Production Has Already Passed Its Peak, Occidental Says

[AP] G-20 suspends poor nations’ debt payments for 6 more months

[NYT] Bank Earnings Show Diverging Fortunes on Wall Street and Main Street

[FT] Value fund manager AJO to shut down after losses

Wednesday Afternoon Links

[CNBC] Stocks close lower for a second day amid coronavirus aid uncertainty, Dow drops more than 160 points

[Forbes] Mnuchin Casts Fresh Doubt On Comprehensive Stimulus Deal Before Election

[Reuters] Pelosi, Mnuchin had productive talks on coronavirus relief, spokesman says

[CNBC] Coronavirus live updates: Another wave of retail closures looms, Walmart breaks up Black Friday events

[Reuters] 'On brink of disaster': shaken Europe overtakes U.S. in virus surge

[WSJ] Pelosi, Mnuchin Disagree on Coronavirus Testing, Continue Stimulus Talks