wiar 12-03-20

MFwebsite2020researchWhat I Am Reading

Dec 03 (Thursday)

YRI
Morning Briefing PDF
Daily Markets

Markets
S&P 500 hits record as investors await fiscal deal | R
The oil industry narrowly avoided an election disaster. Now it’s showing signs of life | N

Central banks
Powell Says No Rush to Taper Bond Purchases, Mum on Doing More | B
Kaplan says he’s not in favor of Fed increasing bond purchases | C
Mnuchin Defends Decision to End Fed Lending Programs | W
Senate Moves to Confirm Trump Fed Nominee Waller, But Shelton’s Candidacy Hits Likely Dead End | W
ECB Official Defends Private Calls to Investors and Banks After Policy Meetings | W

US
These ‘Little Land Mines’ Could Prevent a Summertime Boom | N
Mortgage Refinancing Wave Not Letting Up, to Investors’ Chagrin | B
New PPP Data Show Coronavirus Aid Flowed to Large and Small Firms Alike | W

China
China Has One Powerful Friend Left in the U.S.: Wall Street | W

US politics
Trump hints at 2024 run, Biden to meet with U.S. workers hit by pandemic | R
Coronavirus stimulus update: Pelosi and Schumer back bipartisan relief bill | C
Biden to Have a Better Economy in 2021 Than in 2009, But Worse Options | W
The myth of Biden’s 100% renewable energy pledge | Washington Examiner

Industries & companies
Airlines: American Airlines starts Boeing 737 Max flights to boost confidence in jets | C
Autos: Porsche investing $24 million in ‘e-fuels’ for traditional sports cars | C
Retail: UPS Slaps Shipping Limits on Gap, Nike to Manage E-Commerce Surge | W

Virus
Trump Covid vaccine czar says U.S. should be able to immunize nearly third of population by end of February | C
CDC’s Redfield says ‘the most difficult’ months in health history loom | C
As coronavirus soars, U.S. cheers Britain’s vaccine approval | R
What we still don’t know about COVID vaccines after the U.K.’s emergency-use authorization of the Pfizer-BioNTech candidate | MW
CDC Shortens Recommended Covid-19 Quarantine Period to Seven to 10 Days | W
NFL playoff training camps likely if Covid-19 cases continue | C
Covid vaccine: Obama will take doses, might film to build confidence | C

Corporate finance
Salesforce stock closes down more than 8% as Wall Street questions necessity of Slack purchase | MW