Jun 09 (Tuesday)
YRI
YRI video podcast: “MAMU: Mother of All Meltups” and “A V-Shaped Jobs Report.”
Morning Briefing PDF
Daily Markets
Markets
Stock futures hold steady after S&P 500 turns positive for the year | C
S&P 500 Rebounds to Close in Positive Territory for the Year | W
Nasdaq ends at record, confirms bull market on economic recovery hopes | R
Catching up: How much further can emerging assets run? | R
Central banks
Fed eases terms of Main Street loans, says registration will begin soon | R
US
It’s official: U.S. economy entered recession in February | R
Consumers ‘More Optimistic’ About Economy’s Future in May, New York Fed Says | W
Home Prices Are Rising, Along With Post-Lockdown Demand | N
No, the Jobs Report Wasn’t Rigged. Here’s What Happened. | N
Getting to the Bottom of Key Questions in Shock U.S. Jobs Report | B
Federal Budget Deficit Nears $2 Trillion For Fiscal Year | W
Emerging
Pandemic Upends Putin’s Plans to Raise Russia’s Dwindling Birthrate | W
US politics
Trump open to another coronavirus relief package: White House | R
Geopolitics & trade
Why the U.S. Can’t Easily Break China’s Grip on Supply Chains | B
Behind China’s Twitter Campaign, a Murky Supporting Chorus | N
China Steps Up Moves to Influence Diaspora Communities | W
Behind HSBC’s Rare Foray Into Politics Over Hong Kong | W
Trump’s Order to Pull U.S. Troops From Germany Alarms European Allies | W
Industries & companies
Aerospace: Boeing Stock Soars as U.S. Reopens | W
Airlines: The Travel Business is Picking Up for Summer | N
Airlines: Coronavirus Downdraft Has Airports Scaling Back Renovation Plans | W
Energy: BP to Cut 14% of Global Workforce as Drop in Oil Price Bites | W
Retail: RH is planning to open hotels and sell houses, but analysts ask whether it can pull it off | MW
Corporate finance
Private equity scouts for China take-private deals amid tension, volatile markets | R
Technology
A Million-Mile Battery From China Could Power Your Electric Car | B
Virus
Asymptomatic spread of coronavirus is ‘very rare,’ WHO says C
Wait… so, asymptomatic spread of the coronavirus is actually ‘very rare’? | MW
As Countries Reopen, Many Avoid a Second Wave of Covid-19 Cases—So Far | W
Texas reports a record number of hospitalized coronavirus patients after state reopened early | C
Rethinking the Hospital for the Next Pandemic | W
