wiar 06-24-20

MFwebsite2020researchWhat I Am Reading

Jun 24 (Wednesday)

YRI video podcast: S&P 500 Tech in 1999 and now.
Morning Briefing PDF
Daily Markets

Stocks recover after China trade deal scare — Cramer, others react | C
Nasdaq Hits Another Record as Tech Shares Fuel Rally | W
There’s a wave of selling estimated to be in the billions that’s about to hit the stock market | C

Global Economy Shows Signs of Pulling Out of Its Slump | W

Americans Will Soon Need Extra Money They Saved in Lockdown | B
Housing market should ‘cool off’ later in year, Moody’s economist Zandi says | C
How Much Covid-19 Cost Those Businesses That Stayed Open | W

US policies & politics
Mnuchin Says Stimulus May Pass Congress in July to Boost Economy | B
Lawmakers Ask Fed to Help Businesses Struggling to Make Mortgage Payments | W
Wall Street firm tells clients Senate will flip to Democrats as Biden surges | C
Twitter puts warning notice on Trump tweet for ‘abusive behavior’ | R
White House considers CDC shakeup over Covid-19 response, report says | C

Geopolitics & trade
Trump threat to ‘decouple’ U.S. and China hits trade, investment reality | R
China has picked up its ‘game’ on trade with U.S., Trump adviser says | R

Industries & companies
Autos: Mercedes-Benz partners with Nvidia on upgradable vehicles | C
Autos: Federal judge orders heads of GM, Fiat Chrysler to try to resolve GM racketeering lawsuit | C
Consumer: Women With Cancer Awarded Billions in Baby Powder Suit | N
Consumer: Missouri Court Cuts Talc-Powder Verdict Against J&J to $2.1 Billion | W
FAANGs: Apple Is the Newest Chip Giant in Town | W
FAANGs: Apple’s New Macs: How They’ll Work After Ditching Intel Chips | W
FAANGs: Amazon to Launch $2 Billion Venture Capital Fund to Invest in Clean Energy | W
Homebuilders: Homebuilders see strongest May sales in over a decade, but they have a big problem | C
Retail: Saks to Reopen Fifth Avenue Flagship With UV Handrail Cleaners, Video Shopping Service | W
Tech: Etsy stock climbs to record, tripled since March, spurred by masks | C

Corporate finance
Dell, VMware spike on report Dell looking at options for VMware stake | C

Virus I
As U.S. coronavirus cases surge, Texas, Arizona and Nevada hit new records | R
Only a Trickle of Wall Street Workers Return for NYC’s Reopening | B
French Contact-Tracing App Struggles with Slow Adoption. It Isn’t Alone | W

Virus II
Fauci says parts of U.S. are seeing a ‘distrubing surge’ of coronavirus | C
Fauci warns of ‘more and more’ coronavirus complications in young people | C
Fauci Says Health Officials Haven’t Been Told to Slow Coronavirus Testing | W

Mexico earthquake: 7.4 magnitude quake hits Oaxaca, prompts tsunami threat | NN
Toppling of Statues Triggers Reckoning Over Nation’s History | W
Wirecard’s Former CEO Markus Braun Is Arrested | W