Be in the know. 17 key reads for Monday…

  1. Wells Fargo CFO J. Shrewsberry said that in commercial lending “we’ve actually seen some better realised outcomes than we imagined.” (E. Hagemann, “If there are reserve releases, the earnings numbers these guys are going to put are going to be huge” (Financial Times)
  2. Don’t Count Banks Out Just Yet. For One Thing, They’re Cheap. (Barron’s)
  3. Royal Caribbean, Norwegian Outline Dozens of Health Precautions to Resume Cruises (Barron’s)
  4. Department Stores, This Is No Time for Grave Dancing (Wall Street Journal)
  5. Hedge funds see opportunity in battered New York, San Francisco apartment markets (Reuters)
  6. Western Digital (WDC) Named ‘Catalyst Call’ BUY at Deutsche Bank (Street Insider)
  7. Tattooed by Bill Gross (William H Gross)
  8. Boeing, Raytheon added to Goldman’s conviction buy list (MarketWatch)
  9. Buffett’s Alpha (AQR )
  10. India and Pakistan ramp up remdesivir production under Gilead deal (Financial Times)
  11. Prominent Japanese Academic Medical Center Launching Ivermectin Clinical Trial Targeting COVID-19 (TrialSiteNews)
  12. China’s pork reserves running out as prices soar, analysts say (Financial Times)
  13. Turmoil. The Energy Report 09/21/2020 (Phil Flynn)
  14. Jack Ma’s Ant Group raises its funding target to $35 billion, likely making it the largest IPO ever. (Business Insider)
  15. Toll Brothers stock gains after upbeat mid-quarter update (MarketWatch)
  16. Why Vaccines Are Essential to Herd Immunity (Wall Street Journal)
  17. Global Trade Returns Faster Than Expected (Wall Street Journal)