Jun 08 (Monday)
YRI
YRI video podcast: “MAMU: Mother of All Meltups” and “A V-Shaped Jobs Report.”
Morning Briefing PDF
Daily Markets
Markets
The widely cited ‘disconnect’ between Wall Street and Main Street suddenly appears less confounding | C
All of a sudden, people are talking about a V-shaped recovery again: ‘The stock market had it right’ | C
Investors’ Love of Tech Drives Booming Market Rally | W
OPEC and allies agree to extend record production cut | C
China’s Copper Imports Drop as Overseas Lockdowns Tighten Supply | B
Central banks
The Bond Market’s Bears Are on a Tear. Now the Fed Has Its Say | B
‘Never say never’ on ECB buying shares, Holzmann tells newspaper | R
What is yield curve control? | Brookings
US
Don’t worry about inflation—yet | E
Americans saved a record chunk of their incomes in April | E
The Economic Pain That the Unemployment Rate Leaves Out | N
After Cranking Out $267 Billion in Stimulus Payments, IRS Faces Fresh Challenges | W
Europe
How the Coronavirus Makes a No-Deal Brexit More Likely | N
China
China May exports slip back into contraction, imports worst in four years | R
US politics
Coronavirus: Senate proposes up to $10K monthly for families | C
Major Fixes Made to Small-Business Loan Program | W
Joe Biden Earns Enough Delegates for Democratic Nomination | W
Geopolitics & trade
President Trump’s Troop Plan Stuns Germany | B
The Soured Romance Between China and Corporate America | W
Huawei Founder Ren Zhengfei Takes Off the Gloves in Fight Against U.S. | W
China Denies Cover-Up, Rejects ‘Politicization’ of Coronavirus | B
How U.S. Decision Could Hurt Hong Kong as Trading Hub | W
Pompeo Nazi Remarks Slammed by Global Times’s Hu | B
Industries & companies
Airlines: Airlines Got $25 Billion in Stimulus; Industry Still Expected to Shrink | W
Agriculture: Why FMC Stock Is the Pick of the Crop Among Agribusinesses | BR
FAANGs: Facebook to Review Content Policies Related to Civil Unrest, Violence | W
FAANGs: Twitter and Facebook have differing business models | E
Media: Why Twitter’s Battle With President Trump May Be Good for the Stock | BR
Restaurants: The New Recipe for Restaurant Survival? Become the Next Domino’s. | W
Retail: IKEA Can’t Reopen Stores Fast Enough After Flubbing Online Orders | W
Tech: Zoom Video Earnings Contains a Lesson for Investors | BR
Corporate finance
Merger News: AstraZeneca Approaches Gilead Sciences | B
Companies are still raising cash by floating | E
Technology
How companies plan to hire robots after coronavirus layoffs | C
Underwater drones helping companies in mining ocean’s floor | C
Virus
Protests Complicate Mayors’ Efforts to Combat Coronavirus | W
Hard-Hit by Coronavirus, New York City Faces Next Big Test: Reopening | W
States Are Short the Contact Tracers Needed to Emerge Safely from Coronavirus Lockdown | W
Amazon warehouse workers’ lawsuit alleges ‘sloppy contact tracing’ | C
Antibody Drugs Could Help Curb the Pandemic. What Investors Need to Know. | BR
Offbeat
Defunding police: What it means and what it could look like | NN
The Shift to Remote Work Could Be a Big Swing and a Miss | W
