wiar 08-11-20

MFwebsite2020researchWhat I Am Reading

Aug 11 (Tuesday)

YRI
Morning Briefing PDF
Daily Markets

Markets
Stock market today: Dow jumps 350 points to start week, S&P 500 inches closer to all-time high | C
China Fires a Digital Shot Off Of ‘King Dollar’s Bow | RealClearMarkets

Central banks
The Fed bought more blue-chip and junk bonds, and has started making Main Street loans | C
Fed Study Says Average Inflation May Be Better Way to Reach Goal | B
The ECB’s Former Vice-President Explains The Historic Step That Europe Just Took | B

US
Coronavirus stimulus bill: Mnuchin open to restarting negotiations | C
Chicago Closes Parts of Downtown After Looting | W
Consumers less confident about housing, but Google searches are soaring | C
New Hampshire Governor Sununu says high taxes prompting urban flight | C
NYC will die if we don’t allow indoor dining in Midtown ASAP | P

US policies & politics
How a payroll tax holiday might ultimately cost workers more next year | C
Trump’s payroll tax cut would ‘terminate’ Social Security, critics say | C
Trump’s order to stop evictions is “toothless, at best,” expert says | C
Kodak Shares Fall as Planned $765 Million Loan Is Put on Ice | W

Geopolitics & trade
China Sanctions 11 Americans Over U.S. Moves Against Hong Kong | W
China Apple Ban Could Cost Investors Hundreds of Billions of Dollars | 24/7 Wall St.
Hong Kong Publisher Jimmy Lai Arrested Under New National-Security Law | W

Industries & companies
Aerospace: SpaceX: Starlink satellite production now 120 per month | C
Airlines: Airline shares surge as TSA numbers hit pandemic high, support for second bailout builds | C
Autos: Growth in Online Shopping and Used Cars Lifts Carvana, Attracts Competition | W
Biotech: During Covid-19 Pandemic, Biotech IPOs Already Surpass Record | W
Energy: EPA to Rescind Methane Regulations for Oil and Gas | W

Virus
Covid Vaccine: Don’t Count Merck Out of the Race Just Yet | B
Coronavirus Testing Still Not Making the Grade | W
Winter is coming: Why America’s window of opportunity to beat back Covid-19 is closing | C
U.S. Health Chief Praises Taiwan’s Covid-19 Success, Irks Beijing in Rare Visit | W
Students get suspended for posting pictures of packed halls — now the high school is closing after 9 people were infected | MW

Technology
White House to Retool Pentagon Airwaves for 5G Networks | W

Corporate finance
IAC/InterActive Bets $1 Billion on 12% MGM Resorts Stake | W
Microsoft buying TikTok could lead to problems monitoring social media content | C
KKR Sees Signs of Life in $850 Billion Private Credit Market | B