Wednesday, December 16, 2020

Thursday's News Links

[Yahoo/Bloomberg] Stocks Rise With Weak Data Fueling Aid-Deal Bets: Markets Wrap

[Reuters] Stimulus hopes boost stocks to record; bitcoin soars

[Reuters] Dollar gets global beating as stimulus, Brexit boost risk appetite

[Yahoo/Bloomberg] Gold Bulls Take Heart From the Fed’s Resolve as Dollar Softens

[AP] Close but not yet: Deal near on COVID-19 economic aid bill

[Reuters] U.S. Congress wrangles over details of coronavirus economic aid as deadline approaches

[Reuters] U.S. weekly jobless claims increase further

[Yahoo/Bloomberg] U.S. Housing Starts Rose For a Third-Straight Month in November

[AP] States grapple with next steps on evictions as crisis grows

[Yahoo/Bloomberg] Powell Sees Light at End of Tunnel and Policy Staying Very Easy

[Yahoo/Bloomberg] European Parliament Sets Sunday Deadline for Deal: Brexit Update

[CNBC] Covid live updates: French President Macron tests positive; snow blasts U.S. Northeast amid vaccine rollout

[AP] Vaccinations reach nursing homes as California faces crisis

[Reuters] Macron tests positive for COVID-19, forcing leaders to self isolate

[Reuters] Tokyo says COVID-19 strain on hospitals severe, raises alert to highest

[Yahoo/Bloomberg] Germany to Sell Record Debt of Up to $576 Billion in 2021

[NYT] 10 States Accuse Google of Abusing Monopoly in Online Ads

[NYT] Workers Tap Retirement Savings as a Last Resort

[FT] Powell preserves his dovish credentials at tricky moment for Fed

[FT] US intelligence agencies warn large-scale cyber hack is ongoing

Wednesday Evening Links

[Yahoo/Bloomberg] Asia Stocks to Track U.S. Gains; Bonds Dip on Fed: Markets Wrap

[Yahoo/Bloomberg] Stocks Rise on Aid Talks as Bonds Drop After Fed: Markets Wrap

[Yahoo/Bloomberg] Fed to Maintain Bond Buys Until ‘Substantial’ Economy Gains Seen

[Reuters] Fed vows to buy bonds until it sees 'substantial progress' in economic recovery

[Yahoo/Bloomberg] Powell Busts Out Fed Model to Defend High Equity Valuations

[CNBC] Covid live updates: Fauci says U.S. could return to normal by mid-fall if most people are vaccinated

[CNN] California adds over 40,000 new Covid-19 cases in one day as Americans await vaccine rollout

[CNBC] Powell says stock prices are not necessarily high considering the low level of interest rates

[CNBC] Texas and nine other states file new antitrust lawsuit against Google — here’s the full complaint

[Reuters] Exclusive-U.S. trade czar Lighthizer's advice for Biden on China: "Hold their feet to the fire"

[WSJ] Fed Reinforces Plans to Provide Open-Ended Stimulus to Spur Recovery

[Yahoo/Bloomberg] America’s Zombie Companies Rack Up $2 Trillion of Debt

[WSJ] Fed Reinforces Plans to Provide Open-Ended Stimulus to Spur Recovery

[FT] Fed to extend debt purchases to boost flagging US economy

Wednesday Afternoon Links

[Yahoo/Bloomberg] Stocks Mixed, Bonds Fall After Fed Amid Aid Talks: Markets Wrap

[CNBC] Fed commits to keep buying bonds until the economy gets back to full employment

[CNBC] Texas leads new antitrust lawsuit against Google targeting ad tech

[Yahoo/Bloomberg] Relief Plan Includes Payments, Jobless Benefits: Congress Update

[CNBC] Covid live updates: Lawmakers scramble to get stimulus checks to individuals as retail sales tank in November

[Yahoo/Bloomberg] Brazil Risks a ‘Lost Decade’ Without Fiscal Reforms, OECD Says

[Bloomberg] U.S. Homebuilder Confidence Eases From Record, Remains Robust