Be in the know. 20 key reads for Monday…

  1. U.S. banks are ‘swimming in money’ as deposits increase by $2 trillion amid the coronavirus (CNBC)
  2. China Investor Buys Record-Cheap Bank Stocks Nobody Else Wants (Bloomberg)
  3. ‘Fed story’ will win out over second virus wave and election fears, says UBS, so it’s time for investors to get off the sidelines (MarketWatch)
  4. BlackRock says it’s warming up to Europe, which it says may outgrow the U.S. in second half of the year (MarketWatch)
  5. Your blood type may determine your odds of contracting the coronavirus, study finds (MarketWatch)
  6. Wearing masks is ‘all we have’ to try to reduce the spread of coronavirus, former FDA commissioner says (MarketWatch)
  7. Fed to Assess How Banks React to Possible Covid-19 Scenarios (Wall Street Journal)
  8. Restaurant Reservations, Driving Directions and Other Indicators Wall Street Is Watching (Wall Street Journal)
  9. Pandemic Travel Patterns Hint at Our Urban Future (Bloomberg)
  10. Here are five charts that track how the U.S. economy is recovering from coronavirus (CNBC)
  11. Can the Fed’s Main Street loan program save midsize companies during COVID-19 crisis? (USA Today)
  12. Flavortown, Ohio? Thousands want Columbus renamed for native celebrity chef Guy Fieri (USA Today)
  13. Hedge Funds Exploit CLO Weakness Laid Bare by Corporate Distress (Bloomberg)
  14. The New Weapon in the Covid-19 War (Bloomberg)
  15. Google billionaire Sergey Brin has a secret charity that sends ex-military staff into disaster zones on a superyacht (Business Insider)
  16. UBS Upgrades Wal-Mart (WMT) to Buy; Entering Era of Amplified Earnings Growth (Street Insider)
  17. Foreign investors to be biggest buyers of US stocks: Goldman Sachs (FoxBusiness)
  18. How zero-fee trading helped Citadel cash in on retail trading boom (Financial Times)
  19. Live Nation announces drive-in concert series in 3 cities (Fox Business)
  20. Baltic index edges up on higher panamax, supramax rates (Reuters)