April 06 (Monday)

YRI Express
Morning Briefing PDF 
Daily Markets

Markets
The Great Portfolio Stress Test: What One Bad Day Can Tell You BR
Oil set to ‘crater’ Monday as OPEC meeting delayed, tensions flare between Saudi Arabia and Russia C
Oil Investors Grow Desperate for Supply Cuts W
Active Managers Have Disappointed. But We Found Some Good Ones. BR

Credit
Most Bond Funds Have Been Beaten Up. It’s Time for a Gut Check. BR
Why Emerging Market Corporate Bonds Might Be Worth the Risk. BR
Supply-Chain Finance Is New Risk in Crisis W

Central banks
Fed’s Bullard says US economy not in ‘free fall’ despite 32% unemployment projection C
What Negative Interest Rates Really Mean for You BR

US
This Earnings Season, It’s the Adjectives That Matter BR
The jobs numbers have been so bad that even the good news is bad news C
State Shutdowns Have Taken at Least a Quarter of U.S. Economy Offline W
New York City’s Economy Is in the Crucible of the Crisis BR
What’s Next for the Rest of the U.S. BR

Europe
EU Steps Up to Fight Virus Crisis—And Show It Can Deliver W

China
Kept at Home, Many Chinese Fall Behind on Their Debts W

US politics
Governors Learn on the Fly How to Pitch Trump for Help W
Coronavirus live updates: US bank group warns of ‘massive’ delays in small-business rescue program C
Biden, Brain Trust Craft Agenda W

Industries & companies
Airlines: With Lockdowns, Airlines Learn to Manage Without Flying Many Planes W
Autos: Nissan-Renault’s Conundrum: How to Plan When ‘We’re Not Selling Anything’ W
Cruise lines: Carnival’s struggle to survive the coronavirus as outbreak wipes out the cruise industry C
FAANGs: A MacBook Air Review at the Worst Possible Time W
Materials: Big Stock Buys at Building-Materials Companies BR
Media: Google and Facebook Can’t Save the Advertising Industry This Time BR

Corporate finance
Bankruptcies won’t save retail this time C
If Companies Aren’t Buying Their Own Stock, Who Is? W

Virus I
U.S. Braces for Most Challenging Days Ahead in Pandemic W
Bill Gates calls coronavirus pandemic a ‘nightmare scenario,’ but predicts lower death toll than Trump C
America’s Hospital System Is About to Be Tested BR
Trump says 1,000 military personnel deploying to NYC, warns coming week toughest yet in virus fight C
Cuomo says New York could hit coronavirus peak in 7 days: ‘We’re not yet ready’ C
Coronavirus patients spend night on Navy hospital ship meant for non-infected New York patients C

Virus II
China is donating 1,000 ventilators to help New York in coronavirus fight C
Ventilator Manufacturing Ramps Up, but Not Quickly Enough W
The largest US employers are turning to thermometers to detect coronavirus C

Virus III
Pharmacies are struggling to keep key medication stocked as demand surges amid coronavirus outbreak C
As Countries Bar Medical Exports, Some Suggest Bans May Backfire W
Shortage of Test Components Forces Labs to Beg, Borrow and Improvise W
Amazon in contact with coronavirus test makers as it plans pandemic response C
States Try Curbing Malaria-Drug Hoarding Amid Unproven Coronavirus Benefit W

Cybersecurity
Zoom CEO: ‘I Really Messed Up’ on Security W

Technology
Reporting for Coronavirus Duty: Robots That Go Where Humans Fear to Tread W

Offbeat
How NYC moved the country’s largest school district online during the coronavirus pandemic C
New York Utility Workers Live at Job Site During Coronavirus Crisis W
The Big Question for Sports: When Will Fans Feel Safe? W