wiar 10-20-20

MFwebsite2020researchWhat I Am Reading

Oct 20 (Tuesday)

YRI
Morning Briefing PDF
Daily Markets

Markets
U.S. Stocks Fall on Stimulus Worries | W
Wall Street closes lower as stimulus deadline nears without deal | R
Bulls are back in the Nasdaq and options are aflutter | R

Central banks
The FOMC and Fed governors have become less important as decision-making revolves around Chairman Powell | MW
Top Fed Official Says Policy Response Could Speed Faster Recovery | W
Fed’s Harker: Tolerating higher inflation ‘worth it’ to help achieve employment goals | R
Fed’s Bostic Warns More Permanent Layoffs Pose Risk to Recovery | B
Fed’s Bostic says significant portions of U.S. recovery are weak or nonexistent | R
Fed Takes Cautious Approach to Possibly Issuing Digital Currency | W

US
Household Access to Banks Improved But Could Be Driven Lower by Covid-19, FDIC Says | W

US politics I
Coronavirus stimulus: Pelosi and Mnuchin discuss relief bill | C
These charts show how CARES Act savings are running out for unemployed Americans | C

US politics II
Election 2020: The Paths to Victory for Trump and Biden | W
Voters Tend to Trust Trump on the Economy. Yet He’s Behind. Why? | W
Election 2020: Goldman Sachs says Democratic sweep would lead to more stimulus | C
Here’s what the tax rate could be for high earners under Biden’s plan | C
Weakened U.S. consumer watchdog expected to bite back if Biden wins election | R
Trump vs Biden on Medicare: How each wants to change it | C

Europe
As Covid-19 Roars Back in Europe, Governments Get Tougher on Rule Breakers | W

China
With Covid-19 Under Control, China’s Economy Surges Ahead | N
China Acceleration May Not Rescue World From Coronavirus Slowdown | W

Geopolitics & trade
Iran celebrates UN arms embargo lift, will likely pursue arms upgrades | C

Industries & companies
Autos: Auto Makers Grapple With Battery-Fire Risks in Electric Vehicles | W
Tech: IBM earnings Q3 2020 | C
Tech: AT&T Chief Says Tech Giants Hold Too Much Power Over Streaming | W

Virus
Coronavirus restrictions reinstated in Wisconsin as New Mexico sounds the alarm | R
In NYC Schools, Only 18 Positive Coronavirus Tests Out of 10,676 | N
COVID vaccine is the only way to achieve herd immunity on this disease | USA
Opinion | What Fans of ‘Herd Immunity’ Don’t Tell You | N
How the media is misreporting COVID-19’s death toll in America | P

Cybersecurity
U.S., Britain call out Russian hacking spree, cyberattacks against Olympics | C

Corporate finance
ConocoPhillips to Buy Shale Rival Concho for $9.7 Billion | W
The oil industry is in crisis. ConocoPhillips is doubling down | N
Alibaba Takes on Walmart in China With $3.6 Billion Investment in Hypermarket Chain | W
Brookfield to Invest $2 Billion in Biggest Indian Property Deal | B
Intel Nears Deal to Sell NAND Memory Unit to SK Hynix | W

Offbeat
NYSE Prepares to Leave New Jersey With Trade Tax Threatened | B
Technical Glitch Disrupts Trading on Major European Exchanges | W
Why Social Media Is So Good at Polarizing Us | W