- ECB to Spend Extra 600 Bn Euro on Emergency Bond Buys (Barron’s)
- Deutsche Bank Upgrades Wells Fargo (WFC) to Buy; Risks Priced In (Street Insider)
- The Morgan Wallen “Chasin’ You” Stock Market (and Sentiment Results)… (Zero Hedge)
- Friday’s Job Report Could Support Recovery Hopes (Barron’s)
- Consumer Spending Trickles Back as U.S. Reopens (Barron’s)
- Podcast: The Paycheck Protection Program Is Starting to Run Out (Barron’s)
- History Can Show Us Why the Market Is Rising Now (Barron’s)
- Pinterest Accelerates Tech Projects as Pandemic Boosts User Engagement (Wall Street Journal)
- Fed Expands Municipal Bond Program, Opening Door to Some Smaller Cities (New York Times)
- Beijing to Give $1.7 Billion in Vouchers to Boost Shopping (Bloomberg)
- Global GDP Tracker’s 2.3% Drop in May Shows Worst Over (Bloomberg)
- Fauci (the Horse) Loses Race Badly in the Mud at Belmont Park (Bloomberg)
- European Central Bank takes its pandemic bond buying to 1.35 trillion euros to try and prop up economy (CNBC)
- Here are the 9 economic relief programs the Fed is using to combat coronavirus fallout (Business Insider)
- An oil CEO says crude prices could surge 90% to $70 by fall because US firms have ‘over-cut production’ (Business Insider)
- Saudi Arabia and Russia push for an extension to output cuts, OPEC+ meeting this week still possible (CNBC)
- American Airlines (AAL) Increases Domestic Flying for Summer Travel Season, Begins Reopening Admirals Clubs and Increases Flexibility (Street Insider)
- 10 US Oil Companies Still Likely to Thrive in 2030 (24/7 Wall Street)
- 1.88 million workers file for unemployment benefits (Yahoo! Finance)
- Nio stock surges after company posts record-high deliveries for May (MarketWatch)
- Homebuilders will benefit from Millennials leaving cities: Expert (Fox Business)
- U.S. banks attract bargain hunters (Reuters)
- Locked-Up Journalists. Espionage Investigations. Constitutional Challenges. The Government’s Release of Economic Data Was Arcane and Complex — Until Now. (Institutional Investor)
- Gilead Analyst: Coronavirus Drug, Arcus Collaboration Make Biopharma A Buy (Benzinga)
- Royal Caribbean to offer up to $2 billion in bonds and convertible bonds that mature in 2023 (MarketWatch)