March 27 (Friday)

YRI Express
Morning Briefing PDF 
Daily Markets Overview

Markets
Dow rallies more than 1,300 points, capping its biggest 3-day surge since 1931 C
Dow Enters New Bull Market With a 6% Rally W
Technically Speaking, the Dow Just Rocketed Out of a Bear Market B
Executives are buying stock in droves, giving a ‘strong’ signal that the comeback is for real C
Corporate Insiders Are Betting on a Rebound in Stocks W
Investors, Fearing Defaults, Rush Out of Junk Bonds W

Central banks
Fed to Launch Multitrillion Dollar Helicopter Credit Drop B
How the Fed’s Magic Money Machine Will Turn $454 Billion Into $4 Trillion N
How Far Could the Fed Go in Responding to COVID-19?

US
Powell Says Economy May Be in Recession, Virus Will Dictate Timetable W
Markets take 3 million claims in stride and now brace for ‘tsunami of negative news’ C
Record Rise in Jobless Claims Halts Historic Run of Employment Growth W

Europe
Europe Opts for Economic Freeze in Coronavirus Tradeoff W

China
China Seals Borders to Most Foreigners Starting Saturday B

US politics
House Ponders How to Pass Stimulus Without Spreading Coronavirus W
Spend Generously, Take Care of Workers: Coronavirus Stimulus Takes Lessons From TARP W
What’s in the $2 Trillion Senate Coronavirus Bill W
Small businesses get help in coronavirus relief bill. Advocates hope it’s enough C
Coronavirus stimulus checks will come within three weeks, Mnuchin says C
U.S. to Take Stakes in Airlines in Exchange for Grants, Mnuchin Says W
Relief Package Would Limit Coronavirus Damage, Not Restore Economy W
Congress’s coronavirus bill: A good start, but not yet a cure for an economic meltdown

Geopolitics & trade
U.S., China Trade Blame for Virus, Hampering Global Economy Rescue W

Industries & companies
Autos: Car Dealers Push Online Sales to Make Up for Coronavirus Losses W
FAANGs: ‘They’re putting us all at risk’: What it’s like working in Amazon warehouses amid coronavirus C
FAANGs: For Apple, Gauging iPhone Demand Gets Much Tougher W
Cruise lines: Major cruise lines could be left out of the coronavirus stimulus bailout C
Media: ViacomCBS’s Free Fall Forces Parent to Give Up Borrowing Power W
Media: Coronavirus Quarantine Boosts Streaming Video, but Not Advertising Yet W

Virus I
Trump Says Parts of U.S. Could Go Back to Work in a Few Weeks W
Trump plan calls for classifying coronavirus risk county by county C
Should We Wait Until Easter? W | UK has enough intensive care units for coronavirus, expert predicts

Virus II
Bill Gates says we can’t restart the economy soon and simply “ignore that pile of bodies over in the corner”
Fauci says US ‘can start thinking about’ getting back to normal when coronavirus spread slows C
Coronavirus updates: Cases top 500,000 amid warnings pandemic may be deadlier than 1918 flu C
New York coronavirus cases soar to 37,258 as state scrambles for ventilators C