wiar 09-23-20

MFwebsite2020researchWhat I Am Reading

Sep 23 (Wednesday)

Markets

Stock market today: S&P 500 snaps 4-day losing streak, Nasdaq jumps led by Amazon | C

Wall Street closes higher on Amazon boost, despite economic worries | R

Oil Market Flies Blind as Covid-19 Clouds Demand Outlook | W

 

Central banks

Powell Warns Recovery Highly Uncertain, Argues for More Aid | B

Evans Says Fed Plan Allows Hike Before Inflation Averages 2% | B

 

US

U.S. existing home sales approach 14-year high; prices scale record peak | R

The COVID-19 lockdown is squeezing real estate from all sides and threatens to burst the housing and mortgage bubble | MW

Fast Take: U.S. housing boom good for some voters, leaves others in the cold | R

Insurance Freeze Snarls U.S. Supply Chains | W

Laid-Off Workers Cut Spending, Hunt for Jobs as Extra Unemployment Benefits Run Out | W

 

China

China’s Battered Banks Are Dodging Bailouts With Stealth Mergers | B

 

US politics

Mnuchin, Powell Urge More Spending to Help Economy Recover From Pandemic | W

Fed, Treasury chiefs back more aid for small business but leave details fuzzy | R

Economy doesn’t need more stimulus for V-shaped recovery, Trump advisor Kudlow says | C

Romney Agrees to Move Ahead With Trump’s High Court Nominee | W

Biden calls for 401(k) tax break overhaul. What it means for you | C

 

Geopolitics & trade

U.S.-China tensions take center stage at U.N. as Trump accuses Beijing of unleashing ‘plague’ | R

Trump Criticizes China for Covid-19 Response in United Nations Speech | W

China’s Attack on ‘Unreliable Entities’ Is a Double-Edged Sword for Beijing | W

TikTok, Trump’s ‘Art of the Deal,’ and collateral damage | C


Industries & companies

Aerospace: Aerospace vs. defense stocks: Traders on Goldman call on Boeing | C

Airlines: Airlines Plead for Mandatory Virus Tests to Prop Up Demand | B

Autos: Tesla shares fall as Musk dampens Battery Day expectations | C

FAANGs: Amazon Prime Day 2020 signaled to start October 13 | C

Real estate: Brookfield Properties’ retail arm is laying off 20% of its workforce | C

 

Virus I

U.S. Coronavirus Death Toll Tops 200,000 | W

Wisconsin sounds alarm after surge in COVID-19 cases as nation surpasses 200,000 deaths | R

As Covid-19 Fatigue Fuels Infections in Europe, Italy Resists Second Wave | W

What We Know About Coronavirus Cases in K-12 Schools So Far | N

Reopening Colleges Likely Fueled Covid-19 Significantly, Study Finds | W

CDC Guidelines on Holidays Released to Curb Covid-19 During Celebrations | B

 

Virus II

Pfizer (PFI) Covid-19 Vaccine Trial Plan May Beat Rivals to Early Look | B

CDC Advisory Panel to Delay Vote on Initial Covid-19 Vaccine Roll-Out | W

Covid-19 Testing Is Hampered by Shortages of Critical Ingredient | W

 

Offbeat

Your retirement probably won’t be anything like your parents’…and that’s not good news | MW

As Schools Go Remote, Finding ‘Lost’ Students Gets Harder | N

Google AI head Jeff Dean urges college students: make society better | C