wiar 02-11-20

MFwebsite2020researchWhat I Am Reading

February 11 (Tuesday)

Markets
Nasdaq hits new high as investors look beyond coronavirus R
First-quarter US GDP may be as low as 1.2% due to coronavirus, but stocks don’t seem to care C
How the Rise of Passive Investing May Be Creating Huge Distortions in the Market B
Big Technology Stocks Dominate ESG Funds W

Credit & commodities
Treasury Inversion Is Not About the U.S., It Is About the Whole World B
Green Bonds Branch Out With Record Sale W
Why the bond market looks so worried about the coronavirus outbreak C
The coronavirus is a ‘black swan’ for oil and energy markets, says Ned Davis Research C

Central banks
Fed’s Daly: Inflation is ‘far better’ a bit above target than below R
Fed’s Harker says central bank should hold rates steady for a while R

Virus I
Coronavirus Helps Drive China’s Consumer Prices to Highest Level in Over Eight Years W
‘Nightmare’ for Global Tech: Virus Fallout Is Just Beginning B
China’s Businesses Struggle to Resume Work W
Foxconn Resumes Some Production at Its Main China IPhone Site B
Coronavirus live updates: WHO says 15% of patients get pneumonia, Burger King closes half its China locations C

Virus II
President Xi Inspects Coronavirus Hospital in Beijing W
Coronavirus cases outside China ‘could be spark’ for bigger fire, WHO says R
Coronavirus kills 97 people in one day, while cruise ship cases almost double NN
Wuhan Evacuees Hunker Down for Weeks in Quarantine W

Europe
Merkel Will Take an Active Role in Choosing Her Next Successor B

US politics
Trump Proposes $4.8 Trillion Budget, With Cuts to Safety Nets W
Trump proposes cutting Amtrak funding, boosting money for infrastructure R
Here’s where S&P 500 CEOs are placing their bets on 2020 campaigns C
Sanders Tops U.S. Poll; Bloomberg Overtakes Warren in Third Spot B

Geopolitics & trade
More than 100 U.S. troops diagnosed with brain injuries from Iran attack R

Industries & companies
Autos: The Agony of the Tesla Bears: $8.4 Billion of Losses in Five Weeks W
FAANG: Amazon wants to question Trump after losing $10 billion Pentagon cloud contract C
Pharma: Bayer’s CEO Fights to Fix What He Broke W

Cybersecurity
U.S. charges four Chinese military hackers in 2017 Equifax breach R

Corporate finance
Xerox Raises Offer for HP W
Mall Operators Simon and Taubman Pair Up W

Offbeat
Carl Icahn Blasts SEC Proxy Overhaul as a ‘Big Step Backward’ B

YRI
Daily Markets Overview