Thursday, December 10, 2020

Friday's News Links

[Yahoo/Bloomberg] Stocks Slump, Dollar Rebounds Amid Risk-Off Mood: Markets Wrap

[Reuters] Dollar ends three weeks of decline as Brexit sours sentiment

[CNN] Congress stumbles on a Covid-19 aid package as vaccine approval passes a key hurdle

[CNBC] FDA chief says agency will quickly approve Pfizer’s Covid vaccine for emergency use

[CNBC] Covid live updates: FDA says will soon authorize Pfizer’s vaccine as U.S. crisis trends in the wrong direction

[Reuters] U.S. producer prices increase slightly in November

[Yahoo/Bloomberg] Boris Johnson Says Prepare for No EU Trade Deal After Brexit

[Reuters] No deal on Brexit trade 'very very likely', British PM Johnson says

[Reuters] Wall Street Week Ahead: Georgia Senate elections threaten pillar of market rally

[Reuters] Rising death toll tempers U.S. enthusiasm over coming COVID vaccine

[Yahoo/Bloomberg] The Current IPO Craze Is Starting to Look a Lot Like 1999

[Yahoo/Bloomberg] Bond Market’s Great Reflation Trade Upended by Fed Intervention

[Yahoo/Bloomberg] Unsold U.S. Hotel Rooms Near 1 Billion as Lodging Crisis Deepens

[Reuters] China to step up fiscal support for new economic strategy

[Reuters] Bloomberg news Chinese staff member detained in Beijing

[Bloomberg] U.S. Covid-19 Relief Talks Hit Snag Over Lawsuit Protections

[Bloomberg] World’s Negative-Yield Debt Pile at $18 Trillion for First Time

[Bloomberg] Options Being Used More for Speculation Than Traditional Hedging

[Bloomberg] Hong Kong’s Jimmy Lai Charged Under Security Law, TVB Reports

[FT] The US Treasury market is facing a train wreck

[FT] From Bob Dylan to Blondie — why investors are buying up hit songs

Thursday Evening Links

[Yahoo/Bloomberg] Asia Stocks Head For Mixed Start; Treasuries Rise: Markets Wrap

[Reuters] U.S. FDA advisers vote 17-4 in favor of authorizing Pfizer's COVID-19 vaccine

[AP] McConnell signals no GOP support for emerging COVID-19 deal

[AP] US budget deficit up 25.1% in first 2 months of budget year

[Reuters] U.S. November budget deficit held to $145 billion by benefit calendar shifts -Treasury 

[Reuters] U.S. Senate vote on spending could slip to Friday, Pelosi suggests longer COVID-19 timeline

[CNBC] Covid live updates: UPS, FedEx prepare to distribute vaccines; France extends lockdown until January

[Reuters] U.S. stock funds shed $7.7 billion, ending four-week inflow streak -Lipper

[Reuters] Airbnb valuation surges past $100 billion in biggest U.S. IPO of 2020

[NYT] Unemployment Claims Jump, Casting New Shadow Over U.S. Economy

[WSJ] In Europe, Monetary Policy Is All About Giving Banks Free Money

Thursday Afternoon Links

[Yahoo/Bloomberg] Stocks Fluctuate Amid Stimulus Talks; Pound Drops: Markets Wrap

[Reuters] S&P 500 steady as stimulus hopes build, energy stocks shine 

[CNBC] House adjourns until next week as deadline looms and millions of Americans await Covid relief

[Reuters] No December thaw for frozen U.S. recovery as virus rages, stimulus talks stall

[Reuters] Mnuchin says COVID-19 relief talks with senators making progress

[AP] Across US and Europe, pandemic’s grip on economies tightens

[Yahoo/Bloomberg] U.S. Household Net Worth Rose to Fresh Record in Third Quarter

[Reuters] Spiraling COVID-19 cases driving up U.S. layoffs; inflation still benign

[CNBC] Airbnb shares set to double in IPO — likely to be worth nearly $93 billion

[Yahoo/Bloomberg] EU Leaders Approve $2.2 Trillion Stimulus Backed by Joint Debt

[Reuters] S&P DJI removes Chinese firms from indexes after U.S. order

[WSJ] Corporate America’s Borrowing Binge May Be Ending

[WSJ] China’s Xi Ramps Up Control of Private Sector. ‘We Have No Choice but to Follow the Party.’