wiar 10-29-20

MFwebsite2020researchWhat I Am Reading

Oct 29 (Thursday)

YRI
Morning Briefing PDF
Daily Markets

Markets
Stocks Close Sharply Lower on Rising Coronavirus Cases | W
Stock-market rout: How did rising coronavirus cases catch investors by surprise? | MW
S&P financials index may be bruised but not without bright spots | R
Pandemic’s latest spread triggers surge in VIX ‘fear gauge’ for U.S. stocks | R

US
U.S. States Face Biggest Cash Crisis Since the Great Depression | W
New York’s MTA Says Region Risks $65 Billion Economic Loss | B
Philadelphia Imposes Curfew After Unrest Sparked by Walter Wallace Jr.’s Shooting | W

US politics
Pelosi Says Details of Coronavirus Package Could Change After Election | W
Many on Wall Street Who Predicted a Trump Win in 2016 Aren’t So Sure Now | W
Biden’s polling lead adds to market fears the economy will need to wait until next year for stimulus | C
Former U.S. Homeland Security official says he wrote anonymous op-ed on Trump | R
Russian in Cyprus Was Behind Key Parts of Discredited Dossier on Trump | W

Geopolitics & trade
EU arms itself against U.S. and others in trade disputes | R
Tariffs Didn’t Fuel Revival for American Steel | W
Lower air quality in China points to iPhone 12 production surge | C

Industries & companies
Aerospace: Boeing Cutting More Jobs in Response to Pandemic | W
Autos: Ford (F) earnings Q3 2020
Logistics: UPS Package Volumes Swell, but U.S. Profits Shrink | W
Pharma: Remdesivir: Gilead’s revenue rises 17% on sales of coronavirus treatment | C
Tech: Tech CEOs Square Off With Senators in Hearing Over Online Speech | W
Tech: Microsoft’s Earnings Continue to Ride Pandemic-Fueled Demand for Cloud, Videogaming | W
Tech: Sony Gets Lift From Stay-at-Home Demand Ahead of PlayStation 5 Launch | W

Virus
Covid in Australia: Melbourne’s 3-Month Lockdown Has Bleak Lessons for World | B
France and Germany thrust into lockdown as second COVID-19 wave sweeps Europe | R
Covid cases, hospitalizations continue to surge as U.S. reaches ‘critical point’ in pandemic | C
Here are all the reasons COVID-19 cases are surging again | MW
Covid-19 Vaccine Won’t Be Available Until January at Earliest, Fauci Says | B
Severe Covid-19 Cases Leave Lasting Effects, Including on Mental State | W

Corporate finance
Tiffany, LVMH Near Agreement on New Deal Terms | W

Offbeat
Category 2 Hurricane Zeta crashes ashore in storm-weary Louisiana, dealing new blow in busy Atlantic hurricane season | C