Monday, November 30, 2020

Tuesday's News Links

[Yahoo/Bloomberg] Stocks Bounce Back With U.S. Futures; Dollar Slips: Markets Wrap

[Reuters] After 4.2 million COVID-19 cases in November, U.S. pins hope on vaccine

[CNN] Biden readies major stimulus push and flurry of executive actions in first 100 days

[Reuters] Biden to introduce top economic advisers as pandemic threat worsens

[Reuters] U.S. congressional hearing likely to spotlight Powell, Mnuchin split over pandemic lending

[CNBC] Coronavirus live updates: CDC to vote on first vaccine recipients; Starbucks offers front-line workers free coffee

[Reuters] Fed's Kaplan says bracing for difficult months ahead

[AP] Glimmers of hope for world economy, but dangers lurk

[Yahoo/Bloomberg] Trump’s Time Is Short to Overhaul Fannie-Freddie as Hedge Funds Want

[Yahoo/Bloomberg] Cash Squeeze at Small China Banks Is Warning Sign for Market

[Reuters] China's November factory activity growth hits decade high: Caixin PMI

[Yahoo/Bloomberg] China’s Regulators Vow ‘Special’ Oversight of Fintech Giants

[Yahoo/Bloomberg] OECD Cuts Global Forecast, Warns Governments to Maintain Support

[Yahoo/Bloomberg] ECB’s Schnabel Warns Against Hopes for Blockbuster Stimulus

[Yahoo/Bloomberg] Killing Libor Proves Harder Than Global Regulators Imagined

[NYT] Cuomo Fears ‘Nightmare of Overwhelmed Hospitals’ as Virus Cases Spike

[NYT] The Long Darkness Before Dawn

[WSJ] Over Fed Objections, Lending Programs Will Expire. Here’s What Happens Next.

[WSJ] The Market Expects That Everything Will Be Awesome

[WSJ] A New Setback for Big Cities as Return to the Office Fades

[FT] Jay Powell frets over US economy despite good news on a vaccine

Monday Evening Links

[Yahoo/Bloomberg] Asian Stocks, U.S. Futures Climb; Dollar Dips: Markets Wrap

[Reuters] S&P 500 ends down after rallying to best November ever

[Reuters] Oil prices fall as OPEC+ output talks uncertain

[Reuters] Powell: 'Challenging' months until vaccine clears production, distribution hurdles

[Yahoo/Bloomberg] Powell Sees Hope and Uncertainties for Economy in Vaccines

[Yahoo/Bloomberg] California Warns of Stay-Home Order With Hospital Strain Growing

[CNBC] Coronavirus live updates: NY sets emergency hospital measures; U.S. air travel reaches 1.2 million

[AP] Americans face new COVID-19 restrictions after Thanksgiving

[CNBC] Virus surge is leading to a double-dip recession and dollar crash, economist Stephen Roach warns

[Reuters] Canada deficit seen higher, government eyes up to C$100 billion in stimulus spending

[NYT] Biden’s Economic Team Suggests Focus on Workers and Income Equality

[WSJ] Powell Says Fed Actions Unlocked $2 Trillion to Support Economy

[WSJ] The World’s Appetite for Debt is Smashing Records

[WSJ] The Franchise Relationship That Powers Small Business Is Fraying

[WSJ] Exxon Slashes Spending, Writes Down Assets

[FT] Joe Biden announces team to steer US economy through Covid crisis

Monday Afternoon Links

[Yahoo/Bloomberg] U.S. Stocks Drop From Record Highs; Crude Weakens: Markets Wrap

[Reuters] Biden taps Yellen for Treasury, announces other members of economic team

[Reuters] U.S. housing, manufacturing data suggest economic recovery slowing

[CNBC] Congress returns facing government shutdown deadline, calls for stimulus amid coronavirus surge

[CNBC] Coronavirus live updates: U.S. air travel reaches 1.2 million Sunday; Moderna to file for vaccine emergency use

[Reuters] OPEC reaches consensus to extend oil cuts in first quarter if allies agree