Oct 23 (Friday)

YRI
Morning Briefing PDF
Daily Markets

Markets
U.S. Stocks Close Higher as Investors Eye Stimulus Talks | W
Covid Crisis Strengthens U.S. Dollar’s Role in Global Economy | B
Why Goldman Sachs sees a 2021 bull market brewing for commodities | MW
Bond Insurance Returns to the Muni Market in a Big Way | W

Emerging
IMF concerned over post-COVID social unrest across Latin America, official says | R

US I
U.S. Jobless Claims Fell to 787,000 Last Week | W
U.S. business borrowing for equipment falls 13% in September: ELFA | R
U.S. Home Sales Rise to New 14-Year High, Offering a Boost to Economy | W

US II
Redfin CEO: ‘Absolutely insane’ demand for housing will last into 2021
Iowa Never Locked Down. Its Economy Is Struggling Anyway. | N
Permanently remote workers seen doubling in 2021 due to pandemic productivity: survey | R

US politics
Coronavirus stimulus update: Pelosi signals relief bill could be far off | C
Amy Coney Barrett’s Supreme Court Nomination Advanced by Senate Committee | W

China
In Xi Jinping’s China, Nationalism Takes a Dark Turn | W

Geopolitics & trade
Trump’s America First Policies Have Not Stopped Factories From Offshoring | B

Industries & companies
Consumer: Kimberly-Clark (KMB) Sales of Toilet Paper for Offices Plunges on Remote Work | B
Financials: Goldman Pays Billions—And Takes Millions From Top Execs—To End 1MDB Scandal | W
Retail: Gap to Close 30% of Stores as It Reduces Mall Footprint: Live Updates | N
Retail: Walmart Files Pre-emptive Lawsuit Against Federal Government in Opioid Case | W
Retail: Barbie Sales Take Off as Parents Try to Cut Down on Screen Time | W
Tech: Intel (INTC) earnings Q3 2020 | C

Virus
Coronavirus second wave: Europe is affected differently, here’s why | C
Remdesivir: Coronavirus treatment from Gilead approved by FDA | C
Palantir to Help U.S. Track Covid-19 Vaccines | W

Corporate finance & antitrust
Opinion | Google, You Can’t Buy Your Way Out of This | N