February 29 (Saturday)

YRI Express
Morning Briefing PDF I Audio Excerpts
Daily Markets Overview

Markets
Dow falls 350 points Friday to cap the worst week for Wall Street since the financial crisis C
Stock market Friday recap: Dow loses 3,500 points on week, closes off lows, Fed pledges support C
A historically bad week for the market saw a little bit of everything, except panic C
Think the S&P 500 is in bad shape? Its components look worse R
As Markets Fall, Ask Yourself if Now Is the Time to Buy W
From Reagan to Trump: Here’s how stocks performed under each president NN

Credit
Treasury Yields Hit New Lows, With 10-Year Touching 1.127% W
Plunging rates in the US are rewriting the history books C

Central banks
Powell says Fed ready to act as coronavirus poses ‘evolving’ economic risks R
Fed: Will ‘Act as Appropriate to Support the Economy’ W
Powell’s ‘Whatever It Takes’ Moment Is Here, But Will It Work? B
Fed’s Bullard Open to Rate Cut, But Leans Against It W
Cooling consumer spending, inflation put spotlight on Fed amid coronavirus R
Central banks may mount a coronavirus rescue. It may not be enough R

US
Forecasters Downgrade U.S. Economic Outlook as Virus Spreads B
Why America’s personal-saving rate is unusually high E

China
Baidu Warns of Revenue Drop, Signaling Trouble for China’s Private Sector W

US politics
Trump Considering New Steps to Take On Coronavirus W
White House considers tax cuts, extra Fed pressure in coronavirus response, report says C
Trump says he hopes the Fed gets involved ‘soon’ to combat market sell-off from coronavirus C
Trump Wins Court Ruling on Resisting Congressional Testimony B
Trump Again Selects Rep. John Ratcliffe to Be Intelligence Chief W

Virus I
Bill Gates: Coronavirus may be ‘once-in-a-century pathogen we’ve been worried about’ C
Coronavirus live updates: Fears fuel sell-off, new California case, CDC unveils new test kits C
U.S. Raises Italy Travel Advisory; Rate Cut Eyed: Virus Update B
Which countries currently have coronavirus travel restrictions in place?
Italians Are Being Treated as a Risk Abroad W
Italian Churches Go Into Quarantine W
As Iran’s Leaders Contract Coronavirus, Doubts Emerge Over National Tally W

Virus II
What We Know About the Coronavirus, From Symptoms to Who Is at Risk W
Widespread Coronavirus Cases Could Tax U.S. Hospitals W
How to Prepare for the Coronavirus W
Quarantined, But Still Logged On W

Virus III
Hoarding in the USA? Coronavirus sparks consumer concerns R
FDA Cites Shortage of One Drug, Exposing Supply-Line Worry W
An Industry by Industry Look at the Virus’s Impact W
Clorox CEO Sees Higher Sales of Cleaning Wipes as Virus Spreads B

Industries & companies
Energy: World’s Biggest New Oil Find Turns Guyana Upside Down W

Offbeat
Elon Musk tells a room full of Air Force pilots: ‘The fighter jet era has passed’