Wednesday, June 3, 2020

China may sell Treasurys, but that doesn’t mean it’s ‘weaponizing’ its more than $1 trillion hoard of U.S. debt, says Deutsche Bank

https://www.marketwatch.com/story/china-may-sell-treasurys-but-that-doesnt-mean-its-weaponizing-its-more-than-1-trillion-hoard-of-us-debt-says-deutsche-bank-2020-06-02

‘This is what happens before a collapse’: CIA analysts alarmed by Trump’s militaristic response to protests

https://www.rawstory.com/2020/06/this-is-what-happens-before-a-collapse-cia-analysts-alarmed-by-trumps-militaristic-response-to-protests/

Colleges weigh how to confront COVID-19 as they plan to reopen

"The key to this really is do you trust your community to come together in
a way that is of course protecting yourself, but is less self-oriented and
more oriented towards can you come together and support each other and
really do things you don't like to do but are in the best interest of other
people."

https://www.rollcall.com/2020/06/03/colleges-weigh-how-to-confront-covid-19-as-they-plan-to-reopen/

Lower-income Americans threw the economy a lifeline during the pandemic

https://www.marketwatch.com/story/lower-income-americans-threw-the-economy-a-lifeline-during-the-pandemic-2020-06-03
https://www.bloomberg.com/

German Unemployment Hits Four-Year High as Crisis Shocks Economy

https://www.bloomberg.com/news/articles/2020-06-03/german-unemployment-hits-four-year-high-amid-pandemic-crisis

Column: Stores may be insured for looting. But guess who pays in the end (hint: you)

https://www.latimes.com/business/story/2020-06-02/column-looting-insurance-costs

Sell, stow or dump? Retailers wrestle with mountain of unsold stock

https://www.reuters.com/article/us-health-coronavirus-retail-inventories-idUSKBN2390N3

Coronavirus: Sweden admits it would have done more to lockdown ‘if we knew what we know today’

https://www.independent.co.uk/news/world/europe/coronavirus-sweden-lockdown-cases-anders-tegnell-deaths-a9545746.html

There’s a danger in the disconnect between complacent markets and weak fundamentals, analyst warns

https://www.marketwatch.com/story/theres-a-danger-in-the-disconnect-between-complacent-markets-and-weak-fundamentals-analyst-warns-2020-06-03

Without Teachers, There Will Be No Economic Recovery

https://thriveglobal.com/stories/without-teachers-there-will-be-no-economic-recovery/

6 States Where Coronavirus Numbers Are Blowing Up

https://bestlifeonline.com/coronavirus-states-rising-may-31/

Tuesday, June 2, 2020

GDP is now projected to fall nearly 53% in the second quarter, according to a Fed gauge

Tokyo’s Virus Cases Spike a Week After State of Emergency Lifted

https://www.bloomberg.com/news/articles/2020-06-02/tokyo-sees-virus-spike-a-week-after-national-emergency-ends

Investors should brace for a 15%-20% downdraft due to escalating risks, BTIG’s Julian Emanuel warns

https://www.cnbc.com/2020/06/01/brace-for-a-15-20percent-downdraft-to-strike-stocks-btigs-julian-emanuel.html

How Collapsing Oil Prices Could Unravel Global Security

https://www.theamericanconservative.com/articles/how-collapsing-oil-prices-could-unravel-global-security/

Coronavirus is a blood vessel disease, study says — and its mysteries finally make sense

https://www.salon.com/2020/06/01/coronavirus-is-a-blood-vessel-disease-study-says-and-its-mysteries-finally-make-sense/

G7 leaders reject Russia's return after Trump summit invite

https://www.bbc.com/news/world-us-canada-52885178

JPMorgan’s Math Shows Why U.S. Stocks Can Keep Rallying

https://www.bloomberg.com/news/articles/2020-06-01/jpmorgan-s-math-shows-why-u-s-stocks-can-keep-rallying

A private survey shows China’s manufacturing activity unexpectedly expanded in May

https://www.cnbc.com/2020/06/01/china-economy-caixinihs-markit-may-2020-manufacturing-pmi.html

SF, Silicon Valley rents plunge amid downturn: 'Never seen anything like it' - SFChronicle.com

https://www.sfchronicle.com/business/article/San-Francisco-Silicon-Valley-rents-saw-sharp-15307118.php

Why a US nuclear test in Nevada would be bad for the world—and Trump’s reelection

https://thebulletin.org/2020/06/why-a-us-nuclear-test-in-nevada-would-be-bad-for-the-world-and-trumps-reelection/

George Floyd protests: The US' political system has failed

https://www.smh.com.au/national/the-us-is-tearing-itself-apart-because-its-political-system-has-failed-20200531-p54y6a.html

Human testing starts for 1st possible new medicine 'specifically designed to attack' coronavirus

https://theweek.com/speedreads/917454/human-testing-starts-1st-possible-new-medicine-specifically-designed-attack-coronavirus

Goldman Sachs lifts its downside target for the S&P 500 and lays out 4 risks to its forecast

https://www.businessinsider.com/goldman-sachs-raises-sp-500-downside-target-4-macro-risks-2020-6

Protests could spread coronavirus. But a second wave was coming before the demonstrations.

https://www.nbcnews.com/think/opinion/protests-could-spread-coronavirus-second-wave-was-coming-demonstrations-ncna1216911

Monday, June 1, 2020

South Korean Schools Closed After Reopening Due to Coronavirus Fears

https://people.com/health/south-korea-schools-closed-after-reopening-spike-coronavirus-cases/

Trudeau: Russia's return to the G-7 not acceptable

https://www.politico.com/news/2020/06/01/justin-trudeau-russia-return-to-summit-294176

COVID-19 pandemic will shrink economy by $8 trillion in next decade: CBO

https://thehill.com/policy/finance/500507-covid-pandemic-will-shrink-economy-by-8-trillion-in-next-decade-cbo

‘I couldn’t get mad’: West End restaurant owner cleans up pieces after damage during protests

https://www.dallasnews.com/food/restaurant-news/2020/06/01/i-couldnt-get-mad-west-end-restaurant-owner-cleans-up-pieces-after-damage-during-protests/

The Dow will fall back to coronavirus crash level below 19,000 before new high: CFO survey

https://www.cnbc.com/2020/06/01/the-dow-is-headed-back-to-coronavirus-crash-level-below-19000-cfos.html

COVID-19 cases skyrocket among younger Americans as states reopen

https://www.rawstory.com/2020/06/covid-19-cases-skyrocket-among-younger-americans-as-states-reopen/

Gilead Falls as Drug Has Only Small Benefit in Large Trial

https://www.bloomberg.com/news/articles/2020-06-01/gilead-drug-has-only-modest-benefit-in-large-trial-shares-fall

Too few babies and immigrants threaten American growth

https://www.marketwatch.com/story/too-few-babies-and-immigrants-threaten-american-growth-2020-06-01

China Halts Some U.S. Farm Imports, Threatening Trade Deal

https://www.bloomberg.com/news/articles/2020-06-01/china-halts-some-u-s-farm-imports-threatening-trade-deal

Utah is averaging more than 200 new coronavirus cases a day over the past week as hot spots flare up from Logan to St. George

https://www.sltrib.com/news/2020/05/31/coronavirus-utah-new/

China asks state firms to halt purchases of U.S. soybeans, pork, say sources

https://www.reuters.com/article/us-usa-trade-china-agriculture-idUSKBN238264

The stock market now has another new risk ‘bubbling up,’ strategist warns

https://www.marketwatch.com/story/the-stock-market-now-has-another-risk-bubbling-up-strategist-warns-2020-05-31

Donald Trump’s ‘G11’ plan heightens speculation over efforts to build new anti-China alliance

https://www.scmp.com/news/china/diplomacy/article/3086886/donald-trumps-g11-plan-heightens-speculation-over-efforts

Hydroxychloroquine: New review of several studies shows flaws in research methods

https://www.inverse.com/science/hydroxychloroquine-trump-study-review