May 11 (Monday)
YRI
Morning Briefing PDF
Daily Markets
Markets
The market v the real economy E
Can stocks and bonds both be right? Making sense of rising equities and ultra-low Treasury yields C
Bond Market Veers From Historic Rallies to Record-Smashing Sales B
Where Investors Can Put Their Cash During the Coronavirus Crisis BR
The Car Is Staging a Comeback, Spurring Oil’s Recovery B
Central banks
Fed Flying Blind on Economic Outlook as U.S. Slowly Reopens B
The Case for Deeply Negative Interest Rates
China central bank signals more policy measures to support virus-ravaged economy R
US I
Home Prices Are Likely to Hold Up Just Fine BR
Jobless Rate May Peak Above 20%, White House Aide Hassett Says B
14.7% unemployment is tragic, and it doesn’t even include everyone who’s out of work NN
Coronavirus has taken millions of jobs, but here’s where they’re coming back C
Dental practices led record health care job losses in April but are already bouncing back this month C
US II
‘Hidden’ Defaults Set to Soar as Recession Squeezes Companies B
U.S. next week to start purchasing $3 billion worth of farm goods: Trump R
Reopening the Restaurant Wasn’t the Quick Fix Its Owners Needed W
Americans Are Being Turned Away Trying to Buy Life Insurance W
The Class of 2020 Takes Flight as the Job Market Crashes W
Europe
Europe’s Top Debt Collector Sparks Worry Over Buyback, Debt Goal B
Op-ed: EU faces historic test of relevance as 70th anniversary takes place during pandemic C
Italy to give further support to companies including tax incentives, hybrid bonds: minister R
US politics
White House talking to Congress about more coronavirus economic relief, Kudlow says R
Trump Eyes FBI After Justice Drops Case Against Flynn W
Trump’s Tax Returns Put Supreme Court Back in Political Storm B
Geopolitics & trade
Governments Could Bring Supply Chains Home. It Would Defy Economic Rationality. BR
As Pandemic Spreads, Regard for China Recedes in West W
Industries & companies
Airlines: U.S. Airlines Endorse Fever Checks as Covid-19 Safety Measure B
Autos: Tesla prepared to move out of California amid fight over factory shutdown, Musk tweets C
Autos: Tesla Files Suit to Reopen Fremont Factory W
Autos: Hardy Truck Sales Bolster Car Companies During Health Crisis W
FAANGs: Why ordering from Amazon has been so unpredictable during the coronavirus crisis C
FAANGs: Amazon, Berkshire, JPMorgan Health-Care Venture Looking for New CEO W
Media: TV Cord-Cutting Hits Record as Coronavirus Shuts Businesses W
Real Estate: Where to Find Value in Real Estate Stocks BR
Tech: The Results Are In for the Sharing Economy. They Are Ugly. N
Virus I
Global Virus Cases Top 4 Million as U.S. Moves to Boost Tests W
We know everything – and nothing – about Covid
Johnson tells Britons to ‘Stay Alert’ as lockdown easing starts R
Virus II
FDA gives emergency authorization for new antigen test to help detect coronavirus quicker and cheaper C
Some Doctors Pull Back on Ventilators W
Rare syndrome tied to COVID-19 kills three children in New York, Cuomo says R
Virus III
Anthony Fauci will follow ‘modified’ quarantine after exposure to White House aide with coronavirus C
FDA director self quarantines after contact with individual who tested positive for coronavirus C
Curbing Coronavirus With a Contact-Tracing App? It’s Not So Simple. W
Corporate finance
Bank M&A Will Resume Postcrisis. How to Prepare. BR
Shaky Retail Sector Off the Menu for Activists – for Now BR
Carlyle, GIC Back Away From AmEx Global Business Travel Deal W
LiveXLive to Join Podcast Fray With PodcastOne Acquisition W
Offbeat
Wildlife habitat destruction will cause more deadly pandemics like coronavirus, scientists warn C
The Quant Taking On Climate Change W
Little Richard dead at 87 C
