Dr. Ed's Blog

March 18 (Wednesday)

YRI Express
Morning Briefing PDF 
Daily Markets Overview

Markets
Dow rebounds more than 1,000 points as Trump seeks $1 trillion in stimulus for coronavirus fight C
Traders Bet on Falling ‘Fear Gauge’ W
U.S. Plans to Keep Markets Open, Considering Shorter Hours B
Oil Trades Below Lowest Settlement Price Since 2003 in New York B

Central banks
Fed officials flag possible further steps in Fed crisis response R
Fed moves to backstop funding for U.S. companies as coronavirus fallout spreads R
Fed to Launch Funding Facility Amid Coronavirus Uncertainty W
The Fed will keep short-term cash injections to banks going through the week C

US
Unemployment could hit 20%, Mnuchin says NN
U.S. Delays April 15 Tax Payments for 90 Days for Most Americans W

Europe
European Union will close external borders for 30 days to slow coronavirus pandemic C
WHO urges Europe to learn from China, take ‘boldest’ action possible to tackle coronavirus C
‘Whatever it takes’: UK pledges almost $400 billion to help businesses through coronavirus C

China
As China’s coronavirus outbreak eases, a wary return to shops for consumers R
China expels American journalists as spat with U.S. escalates R

US politics
Trump seeks stimulus package potentially worth more than $1 trillion, including direct payments to Americans C
Trump Pushes $1.2 Trillion Stimulus, $1,000 Checks in Two Weeks B
Washington state governor approves $200 million in coronavirus emergency funds R
Biden Has Over Half of Delegates Needed for Nomination B

Geopolitics & trade
China Banishes U.S. Journalists W

Industries & companies
Autos: UAW Presses Auto Makers to Close U.S. Plants Amid Pandemic W
Autos: Tesla Says Deliveries of New Model Y SUV Have Begun W
FAANGs: Amazon Prioritizes Medical Supplies, Household Staples From Merchants W
Hotels: Marriott Starting to Furlough Tens of Thousands of Employees W
Pharma: J&J hopes to start human trials for coronavirus vaccine in November C
Tech: Telemedicine Gets a Boost From Coronavirus Pandemic W

Technology
Uber stock drops 6.8% after it cancels car pools, tech stocks rally C

Corporate finance
Coronavirus Turmoil Throws Biotechnology IPOs Into Question W
SoftBank Backs Away From Part of Planned WeWork Bailout W

Virus I
US, UK coronavirus strategies shifted following UK epidemiologists’ ominous report NN | report
U.S. Tries to Slow Virus Impact, as Europe Hunkers Down W
Pentagon to free up 5 million respirator masks and 2,000 ventilators for coronavirus efforts C
U.S. Military Readies Hospital Ships for Deployment, to Open Its Labs W
To Track Virus, Governments Weigh Surveillance Tools That Push Privacy Limits W
Coronavirus Pushes Factories to Stagger Shifts, Separate Workers W

Virus II
Regeneron’s CEO Says We Could Have a Covid-19 Treatment ‘Quickly’ BR
Blood-Sample Shortages Slow Drug Search W
Singapore, Taiwan and Hong Kong Face Second Wave of Coronavirus Cases W
Americans Stuck Abroad Told Not to Wait for U.S. Assistance B

Offbeat
New Normal: Working From Home While Schooling the Kids W
Managers Are Making Medical Calls About Who Can Work Where W

March 17 (Tuesday)

YRI Express
Morning Briefing PDF I Audio Excerpts
Daily Markets Overview

Markets
Dow futures jump 200 points after Wall Street suffers worst day since 1987 market crash C
Dow Falls Nearly 3,000 Points as Virus Fears Spread W
Wall Street deepens historic slump as virus response comes up short R
Why Are Markets So Volatile? It’s Not Just the Coronavirus. W
Tech titans erase more than $1 trillion in market sell-off C
Traders Question Value of Stock-Market Circuit Breakers W

Central banks
Fed Deploys Its Full Arsenal, but It Still Has Some Tools W

US
U.S. Braces for Sharp Economic Downturn as Coronavirus Bears Down W
Coronavirus Sick-Leave Bill Raises Concern Over Small-Business Burden W
U.S. car buyers may get a break on loans as coronavirus threatens auto sales R
U.S. Schools Deploy Remote Learning on Unprecedented Scale W

China
China’s Business Activity Turns Broadly Negative for First Time W

Japan
Japan business mood plunges to decade lows on coronavirus woes: Reuters Tankan R

US politics
Romney proposes giving $1,000 to every American adult as coronavirus response measure NN

Industries & companies
Airlines: Coronavirus forces airlines to consider a once unthinkable possibility — halting US flightsC
Airlines: White House braces for political fight as it readies coronavirus airline bailout package C
Airlines: Airlines Seek $50 Billion in Aid From Government W
Autos: U.S. car buyers may get a break on loans as coronavirus threatens auto sales R
FAANGs: Amazon to hire 100,000 more workers and give raises to current staff to deal with coronavirus demands C
FAANGs: Apple Faces $1.2 Billion Fine for Alleged French Distribution Cartel W
Trucking: U.S. trucking and delivery firms shift services as coronavirus spreads R

Virus I
U.S., World Leaders Step Up Efforts to Slow Spread of Coronavirus W
Virus Is Hiding in Plain Sight, Study Suggests N
EU Plans to Ban Entry at Its Borders, but Barriers Rise Within Bloc W

Virus II
Google’s Coronavirus-Testing Website Is Swamped by Demand W
Telemedicine system crashes, Trump issues ‘coronavirus guidelines,’ SF and France order ‘stay home’ C
McDonald’s Closes Dining Rooms in Response to Coronavirus W

Virus III
Fear and loathing bloom as American tempers fray in coronavirus crisis R
Special Report: ‘All is well’. In Italy, triage and lies for virus patients R
To Kill Markets Is the Worst Possible Plan

March 16 (Monday)

YRI Express
Morning Briefing PDF I Audio Excerpts
Daily Markets Overview

Markets
Breakdown of Bedrock Relationship Tests Investors’ Nerves W
After Fall in Oil Prices, a Crash W

Central banks
Fed Slashes Rates to Fight Coronavirus Slowdown W
The Federal Reserve has taken massive steps to help markets. Here’s what’s left in its arsenal C
How to Ease the Crisis: A Checklist for Policy Makers BR

US
U.S. Economic Outlook Hinges on Layoff Decisions W
Treasury Secretary Mnuchin does not expect recession from the coronavirus C
Gasoline becomes more affordable, just when Americans don’t need it R

US politics
U.S. Treasury to Help Advance Funds to Employers for Paid Sick Leave W
How a Deal Got Done on Coronavirus Legislation W
The Senate has not yet scheduled a vote for the coronavirus relief bill already passed by the House C

Geopolitics & trade
Mexico Has Yet to Reap the Benefits of U.S.-China Trade Disarray W
TikTok to Stop Using China-Based Moderators to Monitor Overseas Content W

Industries & companies
Airlines: For Airlines, a Week That Went From Bad to Worse W
Airlines: What’s Next for Airline Stocks? Things Could Get Even Worse. BR
Cruise lines: Batten the Hatches, Cruise Line Investors BR
FAANGs: Amazon Courts Walmart, Target to Join Cashierless Tech Group W
Tech: SAS Temporarily Lays Off 90% of Workforce, Affecting 10,000 Jobs B

Technology
A Smaller, More Powerful Battery Begins to Charge Devices W

Virus I
Top Health Official Urges Americans to Stay Home W
Americans urged to hunker down more as U.S. coronavirus death toll rises R
Top infectious disease expert doesn’t rule out supporting temporary national lockdown to combat coronavirus NN
Coronavirus live updates: New York governor wants Trump to mobilize army, NYC mayor calls outbreak ‘war’ C
Illinois governor orders bars and restaurants to close NN
White House Could Seek to Close Bars, Restaurants in Virus Fight B
Iran’s Coronavirus Strategy Favored Economy Over Public Health, Leaving Both Exposed W

Virus II
Coronavirus Prompts Abercrombie, Nike, Others to Close Shops W
Apple Closes All Its Stores Outside China Over Coronavirus W
Silicon Valley Was First to Send Workers Home. It’s Been Messy. W
Social-Distancing Forces Painful Choices on Small Businesses W
Hospitals Push Off Surgeries to Make Room for Virus Patients W
Germany tries to halt U.S. interest in firm working on coronavirus vaccine R

Virus III
Amazon says it is out of stock of household items and deliveries are delayed due to coronavirus demand C
Consumer companies like Clorox are calling on the White House to help prevent shortages C
Manufacturers of medicines and food concerned about possible supply shortages NN
Food Delivery’s Big Coronavirus Test: Can It Deliver? W
Health care and consumer industry groups concerned about supply shortages during coronavirus pandemic NN
South Korea Rations Face Masks W

Corporate finance
Eight Giant U.S. Banks to Suspend Stock Buybacks Through June B

March 14 (Saturday)

YRI Express
Morning Briefing PDF I Audio Excerpts
Daily Markets Overview

Markets I
Diary of a Crazy Week in the Markets W
Stocks post biggest rally since 2008, clawing back some of their coronavirus collapse C
Stocks are expected to see more wild swings, even if Fed makes big policy move C

Markets II
How the longest bull run in history ended in pandemic panic R
Take a Deep Breath and Assess Whether It Is Time to Buy W
Investors Are Bailing on Stock Funds at Near-Record Pace W
Investment-Grade Bonds Could Turn to Junk Amid Global Rout W

Virus I
The Dow Is Flying After Germany Does the Right Thing. Now It’s the U.S.’s Turn. BR
Trump declares national emergency — and denies responsibility for coronavirus testing failures NN
Trump Declaration Calls for Expanded Funds, Testing to Confront Coronavirus W
House Democrats, White House Reach Deal on Virus Bill W
Fed Accelerates Treasury Purchases to Address Market Strains W
U.S. Policy Makers Weigh Next Stage of Stimulus W
ECB Rebuts Attacks as Visco Signals It Can Buy Italian Debt B

Virus II
Coronavirus Disease (COVID-19) – Research and Statistics
The US is starting to look like Italy on coronavirus lockdown. It could learn a thing or two NN
Trump Administration Faces New Virus Testing Woes W
Trump asks Walmart, Target and other retail giants to help tackle the Coronavirus crisis C
Coronavirus live updates: Washington reports 5 new deaths, Trump says UK could be added to EU travel ban C

Virus III
On the Front Lines in Washington State, Shortages and Delayed Responses W
Coronavirus Puzzle Explained: Why New York Bans Gatherings of 500, but Rhode Island Says 250 W
JetBlue bans passenger who notified crew after landing that he’d tested positive for coronavirus NN
Covid-19 Can’t Spread if You Stay Home W

Geopolitics & trade
U.S. summons Chinese envoy over Beijing’s coronavirus comments R

Industries & companies
Airlines: FAA Probes Problem With Southwest Jet W
Autos: Drumbeat of bad coronavirus news starts to hit U.S. auto dealers R
Cruise lines: Coronavirus pandemic prompts the big 3 cruise companies to suspend operations C
Media: Virus Thrusts Hollywood Into a Real-Life Medical Drama W
Pharma: Bayer Moves Closer to Roundup Settlement W
Tech: Tech Companies See Mixed Impact From Coronavirus W

Corporate finance
SoftBank Plans $4.8 Billion Buyback Following Pressure by Elliott W
Xerox Pauses Campaign to Take Over HP W

March 13 (Friday)

YRI Express
Morning Briefing PDF I Audio Excerpts
Daily Markets Overview

YRI press
Why the Bear Won’t Depart Until Midyear BR

Markets
Stock futures point to more losses Friday following market’s worst day since ‘Black Monday’ C
Dow plunges 10% amid coronavirus fears for its worst day since the 1987 market crash C
Historic market plunge: Traders describe a day that went from ‘uncertainty to panic C
The five biggest tech companies lost more than $400 billion in value on Thursday C

Credit & commodities
The credit markets are signaling a bigger problem is afoot despite the Fed’s interventions C
Oil Markets Point to a Lasting Glut of Crude W
Oil prices keep tumbling, with no sign of stopping NN
Low oil prices could damage the US economy NN

Central banks
Fed to Inject $1.5 Trillion in Bid to Prevent ‘Unusual Disruptions’ in Markets W
Explainer: Fed may go into its crisis tool kit soon. What’s in it? R
ECB Steps Up Stimulus, but Doesn’t Cut Rates W

Global
Economists See Rising Risks Of Recession World-Wide W

US
Coronavirus Looms Over Crucial Spring Season for Housing Market W

US politics
Trump Could Sign a Coronavirus Emergency Declaration Thursday W

Industries & companies
Airlines: Airline stocks crushed after Trump announces Europe travel ban C
FAANGs: Amazon tells all employees to work from home if they can C
Financials: Everything Is Going Wrong All at Once for U.S. Banks W
Financials: Dash for Cash On as Corporate Titans Draw Down Credit Lines B
Homebuilders: There’s a tail wind in sight for the struggling homebuilders, traders say C
Media: Sports TV Networks Take Hit as Leagues Suspend Operations W

Geopolitics & trade
US strikes Iran-backed group that hit Iraq base, officials say C

Virus I
U.S. Hospitals Face Major Challenges as Coronavirus Spreads W
How China Slowed Coronavirus: Lockdowns, Surveillance, Enforcers W
Italy and South Korea virus outbreaks reveal disparity in deaths and tactics R
U.S. should ‘wait and see’ on fiscal help for companies, ex-Treasury Sec. Jack Lew says C
White House Evaluates Trump Exposure to Coronavirus W

Virus II
Virus Forces Curbs on Travel, Gatherings W
Europe Criticizes U.S. Travel Ban; Airlines Rush to Respond W
Coronavirus live updates: France shutters schools, New York bans gatherings over 500 C
Broadway To Close as Coronavirus Grips New York’s Cultural Icons B
MLB, NHL Suspend Play W
Princess Cruises Cancels All Voyages for Two Months W
Coronavirus Conference Gets Canceled Because of Coronavirus B
Disney and Universal close California parks in March to help halt spread of coronavirus C
Mormon Church Cancels Services World-Wide Amid Coronavirus Crisis W

Offbeat
Millennials’ Passions Have Yet to Affect How They Invest W

March 12 (Thursday)

YRI Express
Morning Briefing PDF I Audio Excerpts
Daily Markets Overview

Markets
Dow Jones Industrial Average’s 11-Year Bull Run Ends W
As S&P 500 selloff approaches 20%, what next? R
China Stock Market Turns Defensive In Sign Sentiment Is Shifting B

Credit & commodities
Treasury Yields Climb to Cap Day of Wild Swings W
Japanese Go on Record Shopping Spree for Overseas Bonds B
Saudi Arabia’s Crown Prince Tanked Oil Markets. Here’s the Back Story. W
U.S. crude output growth to slow, oil prices to slump R
Don’t Be Fooled By The Oil Price Rebound

Central banks
Lagarde Set for All-Out ECB Action on Virus: Decision Day Guide B
Trump tried to pressure Fed Chair Powell on coronavirus response: Washington Post R

US
Economists Start Forecasting Negative U.S. GDP Numbers on Coronavirus B
Citigroup’s Corbat says ‘this is not a financial crisis’ during Trump meeting with Wall Street execs C
Trump’s Answer to the Oil Crash Could Be a Tax on Saudi Crude B
Coronavirus May Light Fuse on ‘Unexploded Bomb’ of Corporate Debt N

US politics
Trump’s radical plan to waive payroll tax would punch hole in Social Security, Medicare budgets R
Treasury recommends Trump Administration delay the April 15 tax deadline C

Industries & companies
Aerospace: Boeing halts hiring, limits overtime to preserve cash, stock falls most since 1974 C
Autos: Coronavirus raises fears of U.S. auto sales slowdown, but production not suffering yet R
FAANGs: Amazon Battles Counterfeit Masks, $400 Hand Sanitizer Amid Virus Panic W
Financials: ‘Rent-a-Banks’ Defy States’ Growing Efforts to Curb High-Cost Lending W
Health Care: Opinion: As Bernie Sanders is essentially finished, health-care stocks are screaming buys MW
Pharma: Coronavirus Spurs U.S. Efforts to End China’s Chokehold on Drugs N
Travel: Travel industry could lose $24 billion as coronavirus cripples tourism from outside US C

Virus I
Coronavirus Declared Pandemic by World Health Organization W
Trump cancels all US travel to and from Europe NN
After Containment Fails, Italy’s Neighbors Shift to Epidemic Management W
Italy Shuts Down All Non-Essential Services as Virus Toll Rises B
China shuts all 16 temporary coronavirus hospitals in Wuhan P
Exclusive: White House told federal health agency to classify coronavirus deliberations – sources R
Lack of Sick Time Worries Workers as Coronavirus Looms W
Amazon Expands Coronavirus Sick-Leave Policy W
Amazon and Gates Foundation may team up to deliver coronavirus test kits to Seattle homes C

Virus II
Coronavirus disrupts U.S. schools, sports, late-night television R
CME Group to close Chicago trading floor as a precaution due to coronavirus C
Stop the Music: South by Southwest Coronavirus Cancellation Reverberates Through Economy W
NCAA March Madness basketball games will be played without fans C

Offbeat
The Wealth and Health of Nations
How to Stock Up for Coronavirus Without Getting Fleeced W
Sorry, but Working From Home Is Overrated N

March 11 (Wednesday)

YRI Express
Morning Briefing PDF I Audio Excerpts
Daily Markets Overview

Markets
Dow futures point to a loss of 400 points after Tuesday’s surge C
Dow rallies more than 1,100 points in a wild session, halves losses from Monday’s sell-off C
Inside Saudi Arabia’s Decision to Launch an Oil-Price War W

Global
Virus Confronts Global Economy With Tough Recovery W

US
Warning Bells Sound for U.S. Economy As Virus Squeezes Ports B
U.S. Recession a Coin Toss as Chances Climb to 53% Within Year B

US politics
Trump Tells GOP He Wants Payroll Tax Waived Through Election B
Lawmakers Rebuff Trump on Payroll-Tax Suspension for Outbreak W
White House won’t explain how it would pay for Trump’s proposed payroll tax holiday C
Joe Biden wins Missouri Democratic primary, NBC News projects, another key win for the former VP C

Industries & companies
Airlines: Airlines Trim Flights; Executives Take Pay Cuts W
Pharma: Regeneron, Sanofi to Test Arthritis Drug as Coronavirus Treatment W

Virus
U.S. Steps Up Coronavirus Fight with Containment Area W
Top financial advisory firm warns clients about coronavirus ‘complacency’ in Congress C
How China Slowed Coronavirus: Lockdowns, Surveillance, Enforcers W
Coronavirus live updates: China reports 22 additional deaths, Italy cases top 10,000 C
China’s Other Health Crisis Still Isn’t Fixed W
How Biogen’s Meeting Spread Virus in Massachusetts and Beyond W
Coachella Music Festival Postponed Until October W

Technology
Fever-Detecting Goggles and Disinfectant Drones: Countries Turn to Tech to Fight Virus W
Coronavirus Prompts Hospitals to Fast-Track Telemedicine Projects W

Offbeat
What Benjamin Graham Would Tell You to Do Now: Look in the Mirror W
Why Rational People Are Panic Buying as Coronavirus Spreads B
People are stealing hand sanitizer and surgical masks from doctors’ offices because of coronavirus fears C
Supermarkets Ration Supplies as Coronavirus Fear Empties Shelves W

March 10 (Tuesday)

YRI Express
Morning Briefing PDF I Audio Excerpts
Daily Markets Overview

Markets I
Dow futures rise more than 300 points, erase 400-point loss after Trump floats payroll tax cut C
Stocks Fall More Than 7% in Dow’s Worst Day Since 2008 W
The Markets Are Awful, But at Least They Work—for Now W
Here are the milestones and firsts from the markets’ historically bad day C

Markets II
Tech’s big five lost over $320 billion of value in Monday’s market crash; Apple plunged 7.9% C
Bank Stocks Plunge Along With Oil Prices W
Investors Rush Into Bonds to Shelter From Market Storm W
Oil plunges 25%, hit by erupting Saudi-Russia oil price war R

Central banks
Money markets wary, not yet flashing red as Fed offers tonic R
Fed’s Crisis-Era Playbook Could Guide Response W

US
Growth will be a thing of the past if businesses choose ‘net zero’
Jim Cramer: Four steps the federal government should take to stave off coronavirus-induced recession C

China
Halting the No. 2 Economy Was Easy. Restarting It Is Hard. W

US politics
Trump pushes payroll tax cut and assistance for hourly workers in coronavirus economic response NN

Industries & companies
Airlines: Global Fear of Flying Spawns Crisis for Airlines W

Geopolitics & trade
Virus Clouds China’s Prospects to Meet U.S. Trade Commitments W
U.S. Chip Industry Fears Long-Term Damage From China Trade Fight W

Corporate finance
Insurance Broker Aon Strikes Year’s Biggest M&A Deal on Tumultuous Markets Day W

Virus
Coronavirus Symptoms Start About Five Days After Infection, New Research Finds W
Coronavirus Epidemic Is Close to a Pandemic, WHO Says W
Italy Extends Virus Containment Measures to Entire Country W

Virus II
Opinion: Fear is the virus that’s really dangerous MW
What you need to know about coronavirus right now R
Trump had contact with congressmen Collins and Gaetz before they self-quarantined over coronavirus concerns C
Cheering cruise passengers return to California; now comes coronavirus quarantine R

Offbeat
The psychology behind why toilet paper, of all things, is the latest coronavirus panic buy NN

March 09 (Monday)

YRI Express
Morning Briefing PDF I Audio Excerpts
Daily Markets Overview

Markets
Markets Face ‘Full-Blown Crisis’ With Oil Adding to Virus Shock B
Bull Market Faces Tough Test as It Turns 11 W
The Dow Will Bounce Back. History Tells Us When. BR
What Stocks Should You Buy Right Now? These 12 Have High Dividend Yields for Market Turmoil. BR
What to Do When Even Safe Havens Aren’t Safe BR

Credit & commodities
U.S. Treasury Yields Keep on Plummeting BR
OPEC deal collapse sparks price war: ‘$20 oil in 2020 is coming’ C
Saudi Arabia slashes April crude oil prices after OPEC’s supply pact collapsed R
Saudis Instigate Oil-Price Clash With Russia W

Global
Coronavirus Risk Rises for U.S., Global Economies W
China’s Exports Plunge Amid Coronavirus Epidemic W

Central banks
The Rate-Cut Drug Might Not Cure Ailing Market BR

US
The Full Impact of Coronavirus Is Unknown. Here Are Ways to Boost the U.S. Economy. BR
What the U.S. Government Can Do to Fight the Economic Impact of Coronavirus BR
U.S. Economists Are Reassessing Their Forecasts for Coronavirus. It’s Not Pretty. BR
Coronavirus Spread Could Halt Robust U.S. Job Gains W
Workers Could Be In Danger. Here’s the Coming Data That Will Tell the Story. BR
Startups Pitch Tech Hubs Far from Silicon Valley W

US politics
Sanders needs Michigan win in U.S. presidential race, but Biden looking strong with key voting blocs R
Kamala Harris endorses one-time rival Joe Biden’s White House bid C

Geopolitics & trade
Huawei Takes Its Case to the People in Australia W

Industries & companies
Aerospace: Boeing’s New CEO Regrets Blasting Predecessor as Backlash Grows B
FAANGs: Amazon is secretly working on a cure for the common cold C
Pharma: Coronavirus Outbreak Could Disrupt Drug Companies’ Clinical Trials BR
Tech: Tech Firms Seek to Head Off Bans on Facial Recognition W
Utilities: This Old Metal Hook Could Determine Whether PG&E Committed a Crime W

Corporate finance
Aramco trades below IPO price for first time, after OPEC pact unravels R

Virus I
Virus spread slows ex-Wuhan R
Fauci Says Sense on Coronavirus Scope Is ‘Not Encouraging’ B
The Number of U.S. Coronavirus Cases Keeps Growing and New Cases Outside China Top 3,000, WHO Data Show BR
Why there’s still no single, accurate coronavirus death rate Vox
There Is a ‘Tipping Point’ Before Coronavirus Kills B
Social Distancing Is New Coronavirus Buzz Phrase. Does It Work? W

Virus II
Squandered time: How the Trump administration lost control of the coronavirus crisis WP
Overregulation is making the coronavirus outbreak even more dangerous P
Italy’s Coronavirus Lockdown Met With Confusion, Questions About Enforcement W
ECB tells staff to work from home in coronavirus test R
Corporate America Races to Respond to a Crisis That Upends Work W
Uber, DoorDash and Others Discuss Fund for Drivers Affected by Coronavirus W

Virus III
Coronavirus may force Americans to avoid crowds, brace for quarantines, health official warns R
Coronavirus live updates: Washington state weighs mandatory measures to contain outbreak C
New York declares state of emergency over coronavirus outbreak C
Virus-hit cruise ship off California’s coast will dock in Oakland C
U.S. financial regulators start contingency planning as virus reaches Washington R

Offbeat
History’s deadliest air raid happened in Tokyo during World War II and you’ve probably never heard of it NN
March Madness Will Go On, but in a Worst Case, Without Mad Fans W

March 07 (Saturday)

YRI Express
Morning Briefing PDF I Audio Excerpts
Daily Markets Overview

Markets
Coronavirus concerns drag down Wall Street, but indexes eke out weekly gains R
Yes, Bonds Could Still Rally, Even With Yields Below 1% BR
U.S. Yields Hurtle Toward Zero With Thin Market Stunning Traders B
The plunge in bond yields is scary now but could be helpful later C
Fear Isn’t Only Driver of Treasury Rally: Banks Need to Hedge Their Mortgages W
Oil Prices Plunge After Russia-Saudi Split W

Central banks
The Fed’s emergency rate cut was a big mistake NN

US
U.S. job growth robust before coronavirus outbreak hit shores R

US politics
Trump names Mark Meadows White House chief of staff, replacing Mick Mulvaney C
Biden racks up endorsements as Sanders goes on the attack in U.S. presidential race R
Bernie Sanders Says Joe Biden Could Beat Donald Trump in 2020 B

Industries & companies
Aerospace: Congressional Report Faults Boeing on MAX Design, FAA on Oversight W
FAANGs: Facebook Removes Trump Campaign’s ‘Census’ Ads W

Virus I
Trump Signs Coronavirus Spending Bill W
White House considers tax relief for airlines, travel firms amid coronavirus R
Standard U.S. economic weapons may be inadequate for coronavirus crisis R
Amazon removes hundreds of thousands of ‘high-priced offers’ amid coronavirus price gouging C
Biotech Companies Tap AI to Speed Path to Coronavirus Treatments W

Virus II
New CDC guidance says older adults should ‘stay at home as much as possible’ due to coronavirus NN
Trump says, ‘Anybody who wants a test gets a test’ after Pence says US can’t meet coronavirus testing demand C
VP Pence says 21 coronavirus cases on California Grand Princess cruise ship C
SXSW canceled due to coronavirus after Austin declares ‘local disaster’ C
Scientists Say Coronavirus Mutations Aren’t More Deadly or Contagious W
How It All Started: China’s Early Coronavirus Missteps W

Offbeat
Made-in-China Censorship for Sale W