wiar 11-07-20

MFwebsite2020researchWhat I Am Reading

Nov 07 (Saturday)

YRI
Morning Briefing PDF
Daily Markets

Markets
Stock market today: S&P 500 closes flat, but posts best week since April even with election undecided | C
After sharp bounce, market may take a ‘breather’ on lingering election uncertainty, virus outbreak  | C
U.S. Government-Bond Yields Rise as Biden Pulls Ahead | W
Muni Bonds Falter on Prospect of Divided Government in Washington | W

Central banks
How much of the stock market’s rise over the last 11 years is due to QE? Here’s an estimate | MW

US
US Jobs Report Oct. 2020: Unemployment Rate Falls to 6.9% | B
Drop in Jobless Rate Shows Healing U.S. Labor Market | W
Women Make Strides in U.S. Labor Market After Pandemic Setbacks | B
Uneven U.S. job market recovery points to need for focused fiscal aid | R
U.S. Consumer Borrowing Rose More Than Forecast in September | B

US politics
Coronavirus stimulus update: McConnell and Pelosi push for relief bill | C
Biden close to U.S. election victory as a defiant Trump vows to fight | R
2020 Election: Which states could go to a recount and how will it work | C
Georgia’s Battleground Status Signals Changing Electoral Map in the South | W
Facebook Imposes Limits on Election Content, Bans ‘Stop the Steal’ Group | W

Industries & companies
Hotels: Marriott Returns to Profitability as It Sheds Expenses | W
Pot: Aurora Cannabis, other pot stocks surge as marijuana legalization spreads in the US | C
Retail: U.S. Firms Get Another Boost From China | W
Tech: Intel’s Success Came With Making Its Own Chips. Until Now. | W

Corporate finance
Consolidation Is Killing Jobs In The U.S. Shale Industry | OilPrice.com
Applebee’s franchisee bids to buy Pizza Hut’s largest U.S. operator | C

Virus
With U.S. Covid Cases at Record, Hospitalizations May Be Next | B
N.Y. Cases Surge Above 3,000 as Upstate Drives Second Wave | B
FDA authorizes first test that screens for Covid neutralizing antibodies | C
South Africa News: J&J Covid-19 Vaccine Trial Cleared to Start | B
Biogen hits snag after Alzheimer’s drug fails to win support from FDA panel | C
If One Leading Coronavirus Vaccine Works, Thank This Tiny Firm in Rural Austria | W