Tuesday, November 10, 2020

Wednesday's News Links

[Reuters] Nasdaq rises 1% as tech stocks snap back

[Reuters] Stocks up as vaccine shields against second-wave worries

[Reuters] Dollar gains back strength as vaccine optimism wanes

[AP] Bidenomics: More stimulus, tougher regulation, and gridlock

[Yahoo/Bloomberg] Biden Seen Reining In Mergers and Cracking Down on Big Tech

[CNBC] Mortgage demand from homebuyers drops to lowest level in 6 months

[AP] US hits record COVID-19 hospitalizations amid virus surge

[CNBC] Coronavirus live updates: EU agrees to buy 300 million Pfizer-BioNTech doses; Russia touts its own vaccine data

[Yahoo/Bloomberg] China Vows Escalation in Clampdown on Fintech’s Dominance

[Yahoo/Bloomberg] Lagarde Says Next Stimulus to Rely on Emergency QE, Bank Loans

[Reuters] ECB eyes more bond buys, cheap loans to keep euro zone afloat -Lagarde

[Yahoo/Bloomberg] American Companies Are Stockpiling Cash Before Covid Winter Hits

[Bloomberg] Richest New Yorkers Will Devastate City If They Leave With $133 Billion

[Reuters] Nearly $2 trillion traded on COVID-19 vaccine news

[Reuters] China urges U.S. to stop increasing ties with Taiwan

[Bloomberg] Hedge Fund Managers Face ‘Survival of the Fittest’ Test in 2020

[NYT] Millions Face Loss of Jobless Aid: ‘Without It, I’m Dead in the Water’

[WSJ] Biden Transition Chief Proposed Limiting Size of Biggest U.S. Banks

[WSJ] Covid-19 Surge Strains Hospitals Once Again

[WSJ] Banks in Europe Face Potential $1.7 Trillion Covid-19 Cliff

[FT] Active managers struggle to prove their worth in a turbulent year

[FT] EU may need to extend suspension of budget rules, commissioner says

[FT] Hong Kong pro-democracy lawmakers resign en masse

Tuesday Evening Links

[Reuters] Nasdaq retreats as technology stocks lose favor 

[Yahoo/Bloomberg] Oil Hits Two-Month High With Vaccine Hope Offsetting Demand Fear

[Reuters] U.S. Republicans hint at limited time for Trump to make his post-election case

[Yahoo/Bloomberg] Money Fund Rules in Crosshairs Again With Boston Fed Taking Aim

[Reuters] Short sellers lost billions as travel and leisure stocks rallied Monday

[Bloomberg] China Issues 37 Directives in a Single Day to Cool a Wild Market

[NYT] Lael Brainard’s Steady Rise Could Culminate in Treasury Secretary Post

[WSJ] Political Battle Looms Over Fed’s Emergency Loan Programs

[WSJ] Biden Says Standoff With Trump Administration Won’t Stop Transition

Tuesday Afternoon Links

[Reuters] S&P 500, Nasdaq retreat as tech stocks lose favor

[Reuters] Oil gains on vaccine hopes, even as nations reimpose lockdowns

[AP] GOP backs Trump as he fights election results, transition

[Reuters] U.S. job openings, hiring point to sluggish labor market recovery

[CNBC] Coronavirus live updates: Surging U.S. cases prompt new mandates; Italy deaths continue to climb

[Reuters] U.S. COVID-19 hospitalizations surge to record of just over 59,000 patients - Reuters tally

[Reuters] Analysis: Will this time be different? Investors question the Treasury yield surge

[Reuters] COVID vaccine breakthrough raises hopes, poses logistical headache

[Yahoo/Bloomberg] Fed’s Kaplan Says Virus Surge Threatens Next Two Quarters

[Yahoo/Bloomberg] Italy May Have to Spend 10 Billion Euros a Month on Lockdown Aid

[WSJ] Federal Reserve Could Become Early Flashpoint Between Biden and McConnell

[WSJ] Malls File for Bankruptcy or Shut Their Doors as Pandemic Pain Spreads

[WSJ] Pfizer Covid-19 Vaccine’s Next Big Challenge: Giving It to Enough People

[FT] As Joe Biden’s margin of victory grows, so does Republican resistance

[FT] Brazil faces political backlash after trial of China-developed Covid vaccine is halted