Wednesday, December 23, 2020

Thursday's News Links

[Yahoo/Bloomberg] U.S. Stocks Rise; Pound Gains as Brexit Finalized: Markets Wrap

[Reuters] Brexit deal anticipation fuels stocks and sterling

[CNBC] GOP blocks House Democrats’ attempt to pass $2,000 stimulus checks after Trump voices support

[AP] Trump threatens COVID relief bill, testing loyalty of GOP

[CNBC] UK and EU strike historic post-Brexit trade deal

[CNBC] Covid live updates: Some Americans still planning trips for the new year despite rising cases, new strain

[Reuters] 'Santa Claus rally' threatened by COVID-19 resurgence, Georgia elections

[Reuters] Youth unemployment: a scourge of the COVID-19 economy

[Reuters] Millions of U.S. vaccine doses sit on ice, putting 2020 goal in doubt

[Yahoo/Bloomberg] Brexit Deal Gets Held Up by Last-Minute Haggling Over Fish

[Yahoo/Bloomberg] China Targets Jack Ma’s Alibaba Empire in Monopoly Probe

[Yahoo/Bloomberg] M&A Deals Come Roaring Back as Executives Plot Post-Covid Future

[Reuters] Singapore confirms first case of new coronavirus variant found in UK

[Bloomberg] McConnell, GOP Face Double Split With Trump Over Relief, Defense

[Bloomberg] Dollar Loses Luster Against Asia's Top Performing Currency of 2020

[Bloomberg] New Virus Strain’s Transmissibility to Cause More Deaths: Study

[NYT] The Year the Fed Changed Forever

[NYT] With Alibaba Investigation, China Gets Tougher on Tech

[FT] UK and EU agree historic Brexit trade deal

[FT] Tett: Central banks are starting to put more value on anecdotal evidence

[FT] US banks rack up $200bn in fines and penalties over 20 years

[FT] Covid crisis opens chasm between hedge fund winners and losers

[WSJ] How British Scientists Tracked Down the New Covid-19 Variant

[WSJ] How the U.S. Misread China’s Xi: Hoping for a Globalist, It Got an Autocrat

Wednesday Evening Links

[CNBC] S&P 500 closes flat, giving up most of the gains in the final minutes of trading

[Reuters] U.S. dollar dips as Brexit trade deal nears; sterling gains

[Reuters] Defying Congress, Trump vetoes defense bill and threatens government shutdown

[CNBC] Covid live updates: New variant Covid case confirmed in Northern Ireland; 1 million vaccinated in America

[CNBC] The U.S. has vaccinated just 1 million people out of a goal of 20 million for December

[Yahoo/Bloomberg] China Targets Jack Ma’s Alibaba Empire in Monopoly Probe

[SCMP] China investigates Alibaba over suspected monopolistic practices, regulators to meet Ant Group

[Politico] ‘Complete clusterf---’: Trump leaves Washington in limbo

[CNBC] Trump blames Iran for rocket attack on U.S. Embassy in Iraq, issues fresh threats

[Bloomberg] House GOP Poised to Block Pelosi’s Bid for $2,000 Relief Checks

[WSJ] Trump Vetoes Defense Policy Bill; Covid Aid in Limbo

[WSJ] States Square Off Over Taxing Remote Workers’ Income

[WSJ] Has the Fed Rewritten the Laws of Investing?

[WSJ] 5G Auction Shatters Record as Bidding Tops $69 Billion

Wednesday Afternoon Links

[Yahoo/Bloomberg] Stocks Advance as Aid Bill Uncertainty Downplayed: Markets Wrap

[Yahoo/Bloomberg] Treasury Yield Curve Steepens to Four-Year High on Brexit Hopes

[Reuters] U.S. faces risk of government shutdown as Trump balks at COVID-19 relief deal

[Yahoo/Bloomberg] Brexit Negotiators Reach Outline of Historic Trade Accord

[Reuters] Trump's COVID bill delay leaves millions of desperate Americans in limbo

[Reuters] U.S. new home sales drop sharply in November

[Reuters] U.S. economy losing speed as year winds down

[Yahoo/Bloomberg] Flash Surge in World’s Biggest ETF Linked to ‘Outlandish’ Trades

[Yahoo/Bloomberg] Russian Hackers’ Motive Baffles U.S.: Mere Espionage, or Worse?