Wednesday, November 25, 2020

Thanksgiving Day Links

[Yahoo/Bloomberg] Stock Rally Pauses as European Cyclicals Retreat: Markets Wrap

[Reuters] World shares hold close to record highs; U.S. markets close for Thanksgiving

[Yahoo/Bloomberg] Bitcoin Plunges Along With Other Coins

[Reuters] America celebrates scaled-back Thanksgiving as COVID-19 surges

[Reuters] Disney increases planned layoffs to 32,000 as virus hits theme parks

[Yahoo/Bloomberg] U.K. to End Lockdown; Merkel’s Skiing Warning: Virus Update

[NPR] Near Crisis, Some Hospitals Face Tough Decisions In Caring For Floods Of Patients

[Yahoo/Bloomberg] China Looks Set to Miss U.S. Trade Deal Target, Latest Data Show

[Yahoo/Bloomberg] ECB’s Lane Sounds Alarm on Worrying Financing Conditions

[Yahoo/Bloomberg] China’s Fintech Giants Scramble to Rethink IPOs, Raise Cash

[Yahoo/Bloomberg] Three Billion People Live in Farming Areas With Water Shortages

[Bloomberg] Crypto Boom Shaken as Bitcoin Plunges Along With Other Coins

[WSJ] The Dollar Is Weak. Investors Bet It Will Slide Even More.

[WSJ] Japan’s Stock-Playing Central Bank Racks Up $56 Billion Gain

[FT] The worrying precedent in China’s quarrel with Australi

Wednesday Evening Links

[Yahoo/Bloomberg] U.S. Stocks Slip From Records After Data Deluge: Markets Wrap

[Reuters] Oil rallies past eight-month high on U.S. crude inventory draw, vaccine hopes

[AP] Picture of US economy is worrisome as virus inflicts damage

[Reuters] Jobless aid for nearly 14 million Americans to expire the day after Christmas

[Yahoo/Bloomberg] Fed Discussed Updating Bond-Purchase Guidance ‘Fairly Soon’

[Reuters] Fed policymakers may give new bond-buying guidance 'fairly soon': minutes

[Yahoo/Bloomberg] A Sleepy Day in 2020 Stocks Would’ve Ranked Among 2019’s Busiest

[Yahoo/Bloomberg] NFL Raiders Muni-Financed Stadium Debt Shows Sign of Strain

[WSJ] The Stock Market Keeps Rising, but Millennials Aren’t Reaping the Benefits

Wednesday Afternoon Links

[Reuters] S&P 500, Dow dip from record highs as labor market recovery slows 

[Yahoo/Bloomberg] Back-to-Work Rotation in Stocks Falters on Data: Markets Wrap

[Reuters] Slowing U.S. labor market, rising COVID-19 cases cast cloud over economic recovery

[Reuters] U.S. hits highest death toll since May with hospitals already full

[CNBC] Coronavirus live updates: Hospitalization surge in Midwest; Thanksgiving set to accelerate spread in U.S.

[CNBC] New York Gov. Cuomo says ‘states are broke’ and need federal funding to distribute Covid vaccine