Thursday, November 12, 2020

Friday's News Links

[Reuters] Stocks bounce back as Cisco, Disney jump after results

[Reuters] Global stocks flatline, bond yields slide as caution replaces vaccine euphoria

[Reuters] Oil falls on coronavirus surge but on track for weekly gain

[Yahoo/Bloomberg] Stock Funds Get Record $44.5 Billion Inflows on Vaccine Optimism

[Yahoo/Bloomberg] Quant Shock That ‘Never Could Happen’ Hits Wall Street Models

[CNBC] Coronavirus live updates: U.S. records more than 150,000 Covid cases in a single day

[Yahoo/Bloomberg] Germany Damps Christmas Hopes; Musk Bashes Tests: Virus Update

[AP] Virus surge: Schools abandon classes, states retreat

[Reuters] Chicago and Detroit told to hunker down as pandemic surges

[AP] States ramp up for biggest vaccination effort in US history

[Politico] Biden signals Wall Street crackdown with transition picks

[Reuters] China Oct bank loans fall more than expected but broader credit growth quickens

[Yahoo/Bloomberg] Stress in China’s Credit Market Spills Over to Financial Stocks

[Reuters] China warns of action after Pompeo says Taiwan not part of China

[Reuters] Analysis: Surprise defaults may slow global stampede into China bonds

[Bloomberg] Yield Mania Gives Breathing Space to Indebted Emerging Markets

[Bloomberg] China’s $900 Billion Funding Gap to Provide Clue on Stimulus

[WSJ] Europe, Asia and Latin America: How Biden’s Foreign Policy Could Impact U.S. Allies

[WSJ] More High-Yield Muni Borrowers Are Defaulting but Investors Still Want In

[WSJ] Investors Flock to SPACs, Where Risks Lurk and Track Records Are Poor

[FT] Lael Brainard, the internationalist in line for top Treasury job

[FT] Scale of Turkey’s economic crisis triggered Erdogan family implosion

Thursday Evening Links

[CNBC] Stock futures are flat as traders weigh virus resurgence and its impact on the economy

[Reuters] Asian stocks dip as virus spread tamps vaccine hopes

[CNBC] Coronavirus live updates: California becomes second U.S. state to surpass 1 million Covid cases

[Yahoo/Bloomberg] Senate Takes First Step to Vote on Shelton Fed Confirmation

[Yahoo/Bloomberg] Trump Bans Investments in Firms Controlled by China’s Military

[NYT] Economic Risks Are High as Chances for Quick Stimulus Narrow

Thursday Afternoon Links

[Yahoo/Bloomberg] Stocks Slump on Lockdown Angst Amid Stimulus Limbo: Markets Wrap

[Reuters] Dow, S&P 500 fall as COVID-19 pandemic rages on

[Yahoo/Bloomberg] U.S. Posts $284.1 Billion Budget Deficit at Start of Fiscal 2021

[Reuters] U.S. starts fiscal 2021 with 111% jump in October deficit

[Yahoo/Bloomberg] White House Leaves Stimulus to Congress After Failed Talks

[Reuters] Congressional COVID-19 impasse continues, Pelosi warns 'house is burning down'

[Reuters] Exclusive: Trump administration readies crackdown on U.S. investments in Chinese firms - sources

[CNBC] Coronavirus live updates: U.S. cases continue their rapid rise; ex-FDA chief urges Americans to stay home

[CNBC] Chicago Mayor asks residents to cancel Thanksgiving plans and stay indoors as Covid cases rise

[Yahoo/Bloomberg] Powell Warns of U.S. Economy Risk With Pandemic at Deadliest Yet

[Yahoo/Bloomberg] Home Prices in the U.S Increase at Fastest Rate Since 2013

[Reuters] U.S. needs tougher antitrust enforcement: Biden transition team expert

[The Hill] McEnany predicts 'quite large' turnout at 'Million MAGA March' in DC

[Yahoo/Bloomberg] Trump’s Fed Nominees Could Be Considered in Senate Next Week

[Reuters] Fed Chair Powell says next months could be 'challenging'

[Yahoo/Bloomberg] Hedge Funds Loading Up on Darling Stocks Got a Rude Awakening

[Reuters] Saudi crown prince warns kingdom will strike those that threaten its security

[WSJ] As Covid-19 Surges to New Levels Across U.S., States Impose Flurry of Measures

[FT] Tett: Investors should take heed of the inflation chatter