Sep 05 (Saturday)
YRI
Morning Briefing PDF
Daily Markets
Markets
Stocks Fall in Another Volatile Session | W
The stock market shakeout is likely not over yet, even with Friday’s comeback | C
The only path to a sharply higher stock market ‘is a bubble like the late 1920s and 1990s’, says analyst who called rally off March lows | MW
Tech rout deepens, Nasdaq set for worst two-day fall since March | R
Credit & commodities
Oil Industry Is Fading Away in Land of the World’s Richest Reserves | W
U.S. Government-Bond Yields Climb After Jobs Data | W
Risk Creeps Into Municipal Bond Market, Yet Prices Stay High | W
What Happens When Interest Rates Go Down | C
Central banks
U.S. is still in a ‘very significant recession’ despite job gains, Fed’s Rosengren says | C
Powell says duration of low interest rates ‘will be measured in years | C
US I
U.S. Unemployment Rate Fell to 8.4% in August as Hiring Continued | W
Jobs report August 2020: Payrolls increase by nearly 1.4 million as the unemployment rate tumbles | C
U.S. job growth loses speed as fiscal stimulus ebbs | R
Worries grow over a K-shaped economic recovery that favors the wealthy | C
The Service Economy Meltdown | N
US II
Container Volumes Shipped to the U.S. Surge After Coronavirus Downturn | W
U.S. Trade Deficit Widest Since 2008 in July as Imports Outpaced Exports | W
Gaps in the CDC’s eviction ban could leave some renters homeless, housing advocates say | MW
US politics
Trump Denies Report He Disparaged Military | W
Coronavirus stimulus: Mike Pence says Congress to pass government funding | C
Geopolitics & trade
Serbia, Kosovo Agree to Normalize Economic Relations | W
Tech Decoupling: China’s Race to End Its Reliance on the U.S. | W
China Launches Experimental Spaceplane | W
Industries & companies
Autos: Car Sales Are Down Almost 20%, but Prices Are Setting Records | W
Autos: Jeep punches above its weight with $100,000 Grand Wagoneer SUV | C
Defense: Pentagon says it will stick with Microsoft for JEDI cloud contract | C
FAANGs: Apple Still Wears the Market Crown. It Can Easily Slip. | W
Hotels: Hilton Times Square closure may be ‘tip of the iceberg’ for New York hotels | C
Retail: Retail Stores Add Jobs as Shoppers Return | W
Restaurants: Most Businesses Were Unprepared for Covid-19. Domino’s Delivered. | W
Tech: Semiconductor stock Skyworks could be best way to play 5G rollout | C
Virus I
Key coronavirus forecast predicts over 410,000 total U.S. deaths by Jan. 1 | C
Russia’s COVID-19 vaccine showed antibody response in initial trials | R
Most people likely won’t get a coronavirus vaccine until the middle of 2021 | C
Exclusive: J&J seeking one-third of COVID-19 vaccine trial volunteers in hard-hit Latin America | R
Covid Testing, Not a Cure, Is What Investors Need to Watch | W
Virus II
As Covid-19 Depletes Blood Supplies, Scientists Test an Alternative | W
‘We can’t let our guard down’: Scientists say some children could spread COVID-19 even if they have antibodies | MW
Think twice before wearing a face shield to protect against COVID-19 instead of a cloth face mask — here’s why | MW
Covid-19 Vaccine Race Turns Deep Freezers Into a Hot Commodity | W
Corporate finance
Softbank reportedly the ‘Nasdaq whale’ that bought billions in options | C
SoftBank’s Bet on Tech Giants Fueled Powerful Market Rally | W
