wiar 04-21-20

MFwebsite2020researchWhat I Am Reading

April 21 (Tuesday)

YRI Express
Morning Briefing PDF 
Daily Markets

Markets
Stock futures rise slightly as oil prices stabilize C
Stock market today: Dow drops more than 500 points to start the week after historic oil plunge C
Emerging Markets Have Never Experienced A Crisis Like This Before B
Leveraged ETF Trading Surge Means Japan Stocks Calm May Not Last  B

Commodities
U.S. Oil Costs Less Than Zero After a Sharp Monday Selloff W
U.S. crude futures up over $20, but still trade in negative territory R
This oil price crash isn’t as bad as it seems — here’s why C
The oil industry has never been in a crisis quite like this and many producers will not survive C

US
States Burn Through Cash for Unemployment Payments W
U.S. Senate sees possible Tuesday coronavirus vote, Pelosi said optimistic R
In Race for Small-Business Loans, Winning Hinged on Where Firms Bank W
Shake Shack to Return $10 Million Coronavirus Stimulus Loan W
Coronavirus Deepens Millennials’ Feeling They Can’t Get a Break W

China
China Creditor Squeeze Prompts Slowdown in Record Bond Defaults B
China Raises Easing Coronavirus Border Controls With Other Countries W

Geopolitics & trade
Why America desperately needs a ‘hard decoupling’ from China P

Industries & companies
Aerospace: The oil plunge is the last thing Boeing and Airbus needs on top of the coronavirus pandemic C
Autos: GM, Ford Credit Arms May Lose Billions on Car-Price Plunge B
FAANGs: Amazon warehouse workers plan national coronavirus protest C
FAANGs: As Google becomes key infrastructure for new coronavirus relief, old issues haunt it C
Financials: Goldman Sachs looks for good borrowers, depositors in the cracks of coronavirus R
Hotels: Marriott CEO Says Coronavirus Pandemic Will Change Hotel Stays B
Media: ESPN Michael Jordan documentary “The Last Dance” drew 6.1 million C
Retail: ‘It’s Black Friday in April’ as Closed Stores Get Desperate to Unload Spring Clothes W
Tech: IBM Reports Falling Revenue, Pulls Forecast on Virus Woes B

Virus I
Fauci to Protesters: No Coronavirus Control, No Economic Recovery B
The Critical Variable in Keeping Coronavirus in Check: Reproduction Ratio W
Coronavirus Contact-Tracing Teams Grow, as States Hope to Reopen W

Virus II
Georgia’s governor says some shuttered businesses can reopen Friday C
Tennessee preps to reopen, conducts more prison mass testing C
Coronavirus live updates: Georgia governor says some businesses can reopen, California town to test every resident C
Coronavirus antibody testing shows LA County outbreak is up to 55 times bigger than reported cases C

Virus III
Opinion | The Story of Remdesivir N
White House Uses Defense Production Act to Get Virus Test Swabs B
Coronavirus: Fourth-generation GM worker builds US supplies like his great-grandfather did during WWII C

Virus IV
Businesses Strive to Reopen From Coronavirus Shutdown W
To Get Back to Work, Companies Seek Coronavirus Tests for Workers W
Coronavirus Contract Disputes Start Hitting the Courts W
Coronavirus Spreads to Farms, Packaged-Food Plants W

Offbeat
Work will transform after this crisis