Oct 02 (Friday)

YRI
Morning Briefing PDF
Daily Markets

Markets
The Stock Market Is Not the Economy | Morningstar
A Democratic sweep may not be so bad for stocks if it leads to a bigger stimulus, some traders say | C
Tokyo Stock Exchange Sets Restart After Daylong Shutdown | W

Commodities
Copper Prices: Commodity Heads for Biggest Loss Since March on Growth Worries | B
Oil drops 4% on weak demand outlook and higher OPEC supplies | R

Central banks
ECB Applies for ‘Digital Euro’ Trademark Amid Feasibility Study | B

Global
Big Companies Are Starting to Swallow the World | N

US I
End of third quarter shows bright spots, holes in U.S. economic recovery | R
Consumer Spending Rose in August, but Incomes Pose Hurdle for U.S. Recovery | W
US Unemployment Benefit Claims Fell Last Week, Still Above Pre-Covid Level | B
U.S. Manufacturing Shows Improvement but Hiring Lags | W
U.S. Auto Sales Show Signs of Recovery in Third Quarter | W

US II
Earnings expected to plunge again but there are hopeful signs | NN
The U.S. Economy Was Laden With Debt Before Covid. That’s Bad News for a Recovery. | W
The covid recession economically demolished minority and low income workers and barely touched the wealthy | WP

US politics
Pelosi-Mnuchin Call Yields No Deal Yet on U.S. Virus Stimulus | B
Stimulus proposal grants new round of PPP loans for certain businesses | C
Election 2020: Campaign spending set to hit record $11 billion | C
Biden’s $1.7 trillion climate plan would be blow to Big Oil | C
Presidential debates: Trump suggests he won’t allow rule changes | C

Industries & companies
Aerospace: Boeing to Consolidate 787 Dreamliner Production in South Carolina | W
Financials: General Motors’ Credit Card, Brought to You by Goldman Sachs | W
Retail: Bed Bath & Beyond’s Sales Bolstered by Digital, Back-to-College Growth | W

Virus
Coronavirus vaccine trial participants: Exhaustion, fever, headaches | C
An experimental antibody treatment reduced viral load in some COVID-19 patients. | MW
Covid-19 Vaccine Trials Need Only a Fraction of People to Get Sick | W

Cybersecurity
Companies may be punished for paying ransoms to sanctioned hackers – U.S. Treasury | R

Offbeat
Opinion | Considering a Coronavirus Divorce? You’re in Good Company | N
Senate Panel Authorizes Subpoenas for Top Social-Media CEOs | W
Carolina Panthers to use virus-killing robot in stadium | C