Weekend 05/02 & 05/03
Coronavirus live updates: U.S. deaths top 66,000 as pandemic takes its toll on ordinary Americans – nbcnews
“Bad News” – 20% Of New Yorkers Test Positive As NY, Italy COVID Deaths Resurge: Live Updates – Zerohedge
Buffett says he dumped entire stake in airline-sector stocks: ‘The world changed for airlines’ amid coronavirus – Marketwatch
Will the stock market tumble back to its coronavirus lows in March? About 92 years of S&P 500 history says there’s a good chance – Marketwatch
White House blocks Fauci from testifying at House coronavirus hearing – Μarketwatch
Denmark: Coronavirus spread has not accelerated following reopening of economy – we
Covid-19 throws Europe’s tourism industry into chaos – dailymail
After the best April for the Dow and S&P 500 in 82 years, is ‘sell in May’ in the coronavirus era a smart strategy? – Μarketwatch
Coronataxes as a solution – vox
Friday 05/01
Dow drops more than 600 points to start the new month, Amazon falls 7% – cnbc
US Manufacturing Surveys Show Record Collapse In Output, Orders, & Jobs – Zerohedge
Donald Trump’s top economic aide Larry Kudlow says ‘the worst is nearly over’ as unemployment tops 30 million and experts predict 30 per cent plunge in GDP over next three months – dailymail
Macro Digest: Liquid Insolvent Markets – saxo
Trump threatens new tariffs on China in retaliation for coronavirus – Reuters
UK Headed For “Deep Recession” As Manufacturing Activity Sees Record Slump In April – Zerohedge
Spanish GDP, pummelled by coronavirus pandemic, to contract 9.2% in 2020 – Reuters
Exxon Reports First Quarterly Loss In 32 Years – Zerohedge
Italian Town Creates New Currency To Cope With COVID-19 – Zerohedge
Deflation fears creep back in Japan as pandemic hits prices – Reuters
South Korea’s exports suffer worst slump in 11 years as pandemic shatters world trade – Reuters
Thursday 04/30
France falls into recession as Covid-19 lockdown hits economy – business live – guardian
Amazon will spend $4 billion or more on coronavirus response, potentially wiping out Q2 profit – Marketwatch
Fed Expands Scope, Eligibility For Main Street Lending Program, Adds New Option For Heavily Indebted Firms – Zerohedge
US Consumer Spending Collapses By Record, Worse Annual Drop Than Peak Of Lehman Crisis – Zerohedge
FIVE ECONOMIC CHARTS TO WATCH: UNITED STATES (COVID-19 EDITION) – factset
Jobless claims climb to 30 million in six weeks as COVID-19 layoffs continue to rise – usatoday
Over 30 Million Americans Have Lost Their Jobs In The Last Six Weeks – Zerohedge
U.S. jobless claims climb 3.8 million in late April to push coronavirus total to 30 million – Marketwatch
ECB: Taking a short break without being breathtaking – ing
ECB Watch: Money machine with European characteristics – nordea
ECB Watch: The PELTROs are here – nordea
ECB announces new pandemic emergency longer-term refinancing operations – europa
ECB Keeps Rates, QE Unchanged, Launches New Pandemic Refinancing Operation For Banks – Zerohedge
Euro zone GDP contracts by a record 3.8% in the first quarter – cnbc
Virus Lockdowns Smash German Jobs, Lead To Record Drop In Eurozone Economy – Zerohedge
Spain GDP slumps 5.2% due to the pandemic – Marketwatch
Coronavirus lockdown hits German retail sales in March – Reuters
Shell cuts dividend for first time since World War Two – Reuters
Coronavirus plunges French economy into worst post-war slump – Reuters
Australian businesses borrow big to weather coronavirus storm – Reuters
Chinese factories struggle to fire in April as slump in export orders deepens – Reuters
China’s service sector activity expands at a faster pace in April – official PMI – Reuters
Japan March factory output falls 3.7% month/month – Reuters
Wednesday 04/29
Business Live – guardian
Stocks Soar On Fauci-Touted Remdesivir Study Despite Marginal Survival Benefit, Snubs Lancet Findings – Zerohedge
Jobless claims tally could top 30 million if new filers are close to last week’s level – cnbc
Biggest Banks Set Aside $66 Billion to Handle Bad Loans – Bloomberg
Microsoft reports quarterly revenue of $35 billion, beating Wall Street estimates as the coronavirus crisis drives demand for its cloud – businessinsider
Fed pledges to keep rates near zero until full employment, inflation come back – cnbc
Chesapeake Energy preparing bankruptcy filing – Reuters
Pumping cash at record pace, ECB is under pressure to act again – Reuters
Gilead reports early positive data in remdesivir studies as COVID-19 drug, though Chinese trial sees no benefit – Marketwatch
Hertz Bankruptcy Imminent After Massive Layoffs, Missed Lease Payment – Zerohedge
North Sea oil and gas could lose up to 30,000 jobs due to coronavirus pandemic – ns
Venezuela asks Bank of England to sell its gold to U.N. for coronavirus relief – sources – Reuters
Goldman Answers Key Questions On COVID Testing, Treatments, & Vaccines – Zerohedge
GE warns more pain ahead as pandemic deals $1 billion cash hit – Reuters
Recession Begins: Q1 GDP Plunges 4.8%, Biggest Drop Since The Financial Crisis – Zerohedge
Don’t fight the Federal Reserve amidst the COVID-19 pandemic: Goldman Sachs strategist – yahoofinance
Boeing Burns Through A Record $4.7BN In Cash As Revenue Crashes 26%, Will Fire 10% Of Workers – Zerohedge
Emerging Market Central Banks Start Buying Bonds in Risky Shift – Bloomberg
BI has implements QE Policies US$25B In Four Months – theinsiderstories
As France and Spain unveil lockdown easing plans, here’s a look at what steps European countries have taken – Marketwatch
Forget 2020: stock market optimists look at 2021 for buy signals – Reuters
British Airways to cut up to 12,000 jobs as passenger demand will take ‘several years’ to recover – Marketwatch
Barclays profit drops as it braces for bad loans – Marketwatch
Daimler profit falls sharply as revenue falls – Marketwatch
Deutsche Bank’s investment bank drives profit beat – Marketwatch
Asia shares hit seven-week high, oil rallies as economies slowly re-open – Reuters
Tuesday 04/28
UK retailers suffer ‘historic slide’ in sales amid Covid-19 lockdown – business live – guardian
Coronavirus live updates: US cases top 1 million as Cuomo outlines criteria for reopening New York – cnbc
Alphabet stock rises on 13% revenue growth – cnbc
Kyle Bass “Surprised” By Market’s April Rebound, Says US Economy “Has A Very Long Grind Back” – Zerohedge
ECB Watch: Breaking the law? – nordea
Millions of Americans locked out of unemployment system, survey finds – Reuters
UK on track to become one of Europe’s worst hit in COVID-19 pandemic – Reuters
German economy to contract by 6.6% in 2020: Ifo – Reuters
HSBC, Santander and UBS set aside billions for loan losses for coronavirus – Marketwatch
BOJ’s Kuroda warns of pandemic impact on global growth, Japan’s banks – Reuters
The US Will Sell $4 Trillion In Debt This Year, A 300% Increase: This Is What It Will Look Like – Zerohedge
Monday 04/27
Stock markets rally as some countries prepare to ease Covid-19 lockdowns – business live – guardian
Oil Tumbles As Traders Frontrun USO Liquidation Of Entire June Exposure – Zerohedge
Diamond Offshore files for bankruptcy, stock plunges – Marketwatch
A battle far from over: Five questions for the ECB – Reuters
Expert who called the 2008 crisis says the signal to sell stocks is coming soon – Marketwatch
White House Economic Adviser: Q2 GDP Will Be Biggest Negative Number Since Great Depression; -20% To -30% – Zerohedge
Adidas reports 95% profit fall in first quarter – Marketwatch
Taper Tantrum II? Fed’s slowing Treasury purchases may boost bond yields – Reuters
200,000 Retail Investors Hoping To Buy The F**king Dip In USO End Up Just Getting F**ked – ZerohedgeLessons Forgotten Are Relearned During Bear Markets – Zerohedge
Volkswagen resumes vehicle production at Wolfsburg – Marketwatch
Key Events In The Coming “Huge” Week – Zerohedge
HIGHLIGHTS-BOJ Governor Kuroda’s comments at news conference – Reuters
Goldman Sees Imminent “Momentum” Crash As All S&P Gains Come From Just 5 Stocks – Zerohedge
Bank of Japan expands stimulus again as pandemic pain deepens – Reuters
Japan Printer Go Brrr As BOJ Launches Unlimited QE, Expands Corporate Bond Buying – Zerohedge
Bank of Japan Ramps Up Stimulus With Pledge for Unlimited Bond Buying – Bloomberg
Bank of Japan expands stimulus again as pandemic pain deepens – cnbc