wiar 09-15-20

MFwebsite2020researchWhat I Am Reading

Sep 15 (Tuesday)

YRI
Morning Briefing PDF
Daily Markets

Markets
U.S. stock futures fall slightly after Monday’s rally | C
Stock Benchmarks Close Higher to Start the Week | W
Stock market’s 7% pullback? Get ready for more, as a 2009-style ‘stair-step’ rally continues, says Wall Street bull | MW
‘Real’ Bond Yields Help Explain Surprising Market Moves | W

Central banks
Why Fed Officials Are Pushing for More Stimulus From Lawmakers | W

US
Paper towel shortage: Why it’s hard to find paper towels again | NN

US politics
Absence of Coronavirus-Aid Deal Prompts Blame Game in Washington | W
States try to plug gaps in Trump’s $300 unemployment benefits program | C
Biden Budget to Result in Highest Spending in Decades, Study Finds | W
Joe Biden’s economy would be too much like Europe’s | MW
Trump and Biden clash over U.S. wildfires as campaign turns to climate change | R

Geopolitics & trade
Japan’s Next Leader to Be Thrust Into Clash Over China | W
Oracle Deal With TikTok to Undergo U.S. National Security Review | W

Industries & companies
Airlines: Delta to Use Frequent-Flier Program to Raise $6.5 Billion | W
Autos: Tesla shares jump more than 12% amid tech rebound, Goldman comments | C
Media: Markets Already Betting on Tokyo Disneyland’s Return to Normal | B

Corporate finance
Verizon to Buy TracFone in Deal Valued at Nearly $7 Billion | W
Klarna now Europe’s biggest fintech unicorn at over $10 billion value | C
Barra: GM conducted ‘appropriate diligence’ on $2 billion Nikola deal | C

Virus
People who tested positive for COVID-19 were twice as likely to have recently eaten at a restaurant: CDC | MW
Covid-19 Test Maker Examines False-Positive Results in Nursing Homes | W

Offbeat
West Coast Fire Map: Where California, Oregon and Washington Have Wildfires | B
Sally intensifies, could wallop U.S. coast with 110-mph winds | R
Home Depot co-founder Arthur Blank on corporate profits, social change | C