wiar 11-13-20

MFwebsite2020researchWhat I Am Reading

Nov 13 (Friday)

YRI
Morning Briefing PDF
Daily Markets

Markets
Dow closes more than 300 points lower amid fears virus resurgence could slow down economic recovery | C
U.S. Stocks Close Lower on Covid-19 Concerns | W
Oil-Demand Recovery Unlikely for Months Despite Vaccine Hopes | W
Pfizer’s Vaccine Is a Pick-Me-Up for Value Stocks | W

Central banks
The Fed: What scares Jerome Powell most about the economy right now | C
Judy Shelton appears headed for confirmation to a Federal Reserve seat | C

US
U.S. data suggests economic recovery may be weakening | R
U.S. Consumer Prices Unchanged in October | W
U.S. Unemployment Claims Slip but Hold at High Levels | W
U.S. labor market gradually healing; inflation still benign | R
These small businesses might not make it without more stimulus | NN

US politics I
Congressional COVID-19 impasse drags on, Pelosi warns ‘house is burning down’ | R
Coronavirus stimulus update: Pelosi and Schumer, McConnell divided on relief bill | C
Biden’s Penchant for Bold Stimulus to Test His Deal-Making Skills | W
As Trump Focuses on 2024, Aides Mull Agenda for Final Days | W
Trump Campaign Presses Election Claims in Pennsylvania, Arizona | W

US politics II
Klobuchar, potential AG pick: Google breakup should ‘be on the table’ | C
Republican Senators Say Biden Should Get Intelligence Briefings | W
U.S. starts fiscal 2021 with 111% jump in October deficit | R

China
Tencent Pledges Cooperation as China Scrutinizes Competition on Internet Platforms | W

Japan
Japan’s Biggest Profit Beat in Years Seen Boosting Stock Appeal | B

Geopolitics & trade
Trump bans investments in companies that aid China’s military | C
Commerce Department Announces Stay of TikTok Shutdown Order | W

Industries & companies
Financials: Deposit Interest Rates Are Taking a Pandemic Nosedive | W
Media: Disney suffers first annual loss in more than 40 years, but stock jumps as losses are not as bad as feared | MW
Retail: Shoppers turn toward premium foods instead of staples, amid Covid rise | C
Technology: Cisco (CSCO) earnings Q1 2021 | C

Virus
As Covid-19 Surges to New Levels Across U.S., States Impose Flurry of Measures | W
Chicago 30-day stay-at-home advisory starting Monday | The Hill
Average Covid cases and hospitalizations rise in nearly every state across U.S. | C
We might get back to normal even before a vaccine by using this century-old method to treat COVID-19 | MW
How Pfizer Will Distribute Its Covid-19 Vaccine | N
When will a COVID-19 vaccine be ready? Fauci says ‘We’re talking probably by April’ | MW

Corporate finance
China’s President Xi Jinping Pulled Plug on Jack Ma’s Ant IPO | W
Palantir shows 52% growth in first earnings report since market debut | C

Offbeat
Less Effective Flu Shot Poses New Risk for Hospital Operators | B
Measles Cases Reach 23-Year High, Killing More Than 200,000 | B
Donald Trump is hatching a plan to ‘wreck’ Fox News, insiders tell Axios | MW