wiar 09-30-20

MFwebsite2020researchWhat I Am Reading

Sep 30 (Wednesday)

YRI
Morning Briefing PDF
Daily Markets

Markets
Stock futures are flat amid positive virus treatment data, debate looms | C
U.S. Stocks Slip Ahead of First Trump-Biden Debate | W
Stock sell-off may still have a ways to go as election, virus trigger volatility | C
How All Financial Markets Turned Into the Same Big Trade | B
Cooling Demand Recovery Keeps Oil Stuck Around $40 | W

US
U.S. consumer confidence posts biggest gain in 17 years; downside risks remain | R
U.S. housing market to remain a bright spot in a weak economy | R

US politics
Coronavirus stimulus: Pelosi, Mnuchin to talk as Democrats release bill | C
U.S. to Start Forgiving PPP Loans After Borrowers Complained | W
The shape of guaranteed income | TheHill
Trump Would Double Down on Tax Cuts in Second Term | W
Trump Paid $750 in Federal Income Taxes in 2017. Here’s the Math. | N

Geopolitics & trade
South China’s Monumental Tech R&D Hub Hit by Storms over Trade, Hong Kong | B
Artificial intelligence expert Zhu Songchun to return to China from US | SCMP

Industries & companies
Autos: GM extends talks on $2 billion deal with Nikola after fraud, sexual assault allegations surface against Trevor Milton | C
Financials: JPMorgan Paying $920 Million to Resolve Market Manipulation Probes | W
Restaurants: Coronavirus pandemic forces a reckoning for restaurants with capacity limits | C
Retail: U.S. Retail Store Closures Hit Record in First Half | W
Theme parks: Disney to lay off 28,000 employees as coronavirus slams theme park business | C

Corporate finance
Palantir Direct Listing Reference Price Set at $7.25 by NYSE | B
Palantir’s and Asana’s Dueling IPOs to Test Direct-Listing Process, NYSE | W
Japan’s NTT to Take Full Control of Mobile Unit in $40 Billion Deal | W
UnitedHealth acquires DivvyDose, an Amazon PillPack competitor | C

Virus
Exclusive: World Bank seeks board approval for $12 billion coronavirus vaccine financing plan | R
Regeneron says its coronavirus treatment reduces viral levels, improves symptoms | C
The coronavirus has killed more than 1 million people and upended the global economy | C

Offbeat
‘Roadschooling’ 101: Families Make Remote Learning Work in an RV | W