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