Jun 13 (Saturday)

YRI
YRI video podcast: A Brief Update on Growth vs Value.
Morning Briefing PDF
Daily Markets

Markets
Dow closes nearly 500 points higher as stock make partial rebound from worst day in three months | MW
U.S. Stocks Regain Strength, but Finish Week Lower | W
‘Volatility Is Everywhere’: The Market Tactic That’s Driving Stocks Haywire | W
Here’s who benefits when the stock market goes up | C
Aluminum Glut Revives Financial Crisis-Era Storage Trade | W

Central banks
Fed Warns of ‘Extraordinarily Uncertain’ Path to Recovery | N
Fed’s economic forecasts are all over the map, a sign of how uncertain these times are | C
Fed Chairman’s Public Communications: Too Expansive, Lead to Unnecessary Market Volatility
‘Persistent fragilities’ ahead for households and businesses -Fed report | R
Fed Report Says Coronavirus Shock Has Hit Low-Wage Workers Hardest | W

Global
April’s Historic Economic Plunge Points to Steep Climb for the World Economy | W

US
U.S. Consumer Sentiment Rebounded in Early June | W

US politics
White House sees red state/blue state divide in post-coronavirus economic recovery | R
Coronavirus update: Democrats push for easier PPP loan-forgiveness process | C
Trump Calls for GOP to Update Platform After Party Carries Over 2016 Plan | W

Industries & companies
Airlines: American Airlines Banks on Loyalty Program to Back Stimulus Loan to Manage Through Coronavirus | W
FAANGs: California Is Examining Amazon’s Business Practices | W
FAANGs: Amazon warehouse workers interviewed by New York attorney general | C
Retail: Please Hold. Shoppers Wait and Wait to Reach Lululemon, Best Buy | W

Corporate finance
Hertz granted approval to sell up to $1 billion in shares | C
Bankrupt Hertz Can Tap Market Frenzy to Sell ‘Potentially Worthless’ Stock | W
AT&T seeks sale for Warner gaming unit, could fetch $4 billion | C

Virus I
CDC may reimplement strict coronavirus rules if cases go up ‘dramatically’ | C
New CDC coronavirus guidelines advise caution with travel | NN
Risk of new lockdowns rises with fear of second COVID-19 wave | R
Record Virus Numbers Thrust States Into Life-or-Death Choice | B

Virus II
Asymptomatic transmission of coronavirus appears to be worse than SARS or influenza | MW
What It Will Take To Make the Indoors Feel Safe Again | W
Reopened Restaurants in Michigan: Hands-Free Doors, Sanitizer Tables | W
Hollywood is Reopening, but It’s Still Quiet on Set | W
Over 1,300 Chinese Medical Suppliers to U.S.—Including Mask Providers—Use Bogus Registration Data | W

Offbeat
Protest Leaders Plan a Summer of Rallies Aimed at Police Overhauls | W