Today's Headlines

Bloomberg:

• Fed Going All In to Save Economy. Here’s What Could Come Next.

• Trump Says Virus Plan With $2 Trillion Impact ‘Very Close’.

• Italy Shutters Output; Congress Works on Aid Plan: Virus Update.

• ‘Tipping Point’ at New York Area Hospitals as Virus Cases Mount.

• Johnson Warns That National Health Service Could Be Overwhelmed.

• China Orders Local Staff to Leave U.S. News Outlets in Beijing.  

• The Coronavirus Might Kill Globalization: Bloomberg New Economy.

• Merkel Government Assembling Package to Counter Virus Impact.

• These Are the European Stocks Most Impacted by the Coronavirus.

• Australia to Unleash A$66 Billion in Second Stimulus Package.

• U.S. Shows Willingness to Remove Tariffs on Medical Supplies.

• After Central Bank Drama Comes Europe Data Traders Are Dreading.  

• Oil Demand Catastrophe Is Making the Price War a Sideshow.

• Covid-19 Is Becoming the Disease That Divides America.

• ‘Sell-Everything’ Strategy Is Causing Massive Credit Turmoil.  

• U.S. Junk Bonds Enter Distress, Spreads Top 1,000 Basis Points.

• WWII-Like Mobilization Thrusts Private Sector Into Virus Fight.

• Best Buy(BBY) Withdraws Fiscal 2021 Guidance, Suspends Buybacks.  

• Google(GOOG) Coronavirus Website Launches a Week After Trump Tout.  

• The Virus Hits, the World Shakes, Governments Act: Weekend Reads.

Wall Street Journal: 

• For Small Businesses, It’s a Virus Chain Reaction.

• Downturn Could Cost 5 Million Jobs.

• China’s Coronavirus Diplomacy.

• What Victory Looks Like in the Coronavirus War.

• Lobbyists Vie For Clients’ Share of Stimulus Bill.

• Do More to Avert a Liquidity Crisis.

• Obama’s Bad Stimulus Example.

• The History of Pfizer and Penicillin, and Lessons for Coronavirus.

• Virus Drains Life Out of Public Spaces.

• Marriott to Furlough Thousands of Corporate Jobs.

• U.S. Considers Special Enrollment Period for Affordable Care Act.

• Lobbyists Pile On to Get Wins for Clients Into Stimulus Bill.

• FEMA Faces Steep Challenge as Lead Agency in Coronavirus Fight.

• Emergency Rooms Strain to Keep Doctors on the Job.

CNBC:

• Dow tumbles 900 points to end Wall Street’s worst week since 2008.

• Congress is working on a $1 trillion rescue package, but it might not be enough for US businesses.

• Coronavirus live updates: US hospitals seek $100 billion in aid, Spain death toll tops 1,300.

• Stocks can return to records early next year if the US can curb coronavirus spread, says JPMorgan.

• Hospitals set up coronavirus tents, seek emergency credit and US aid as they face onslaught.

• ‘It’s very isolating’: Students struggle to adapt as colleges move to remote learning indefinitely.

• UK PM Boris Johnson announces nationwide lockdown measures, telling cafes, pubs and restaurants to close.  

• Op-Ed: Investor who made it through ’87 crash gives optimistic case for the stock market right now.

• WHO officials say at least 20 coronavirus vaccines are in development in global race for cure.

• These fitness companies are offering free online workouts during coronavirus quarantine.

• Best Buy(BBY) shifts stores to curbside pickup only as demand surges for home office equipment.

• Amazon(AMZN) doubles overtime pay for warehouse workers as demand rises due to coronavirus.

IG:

• Weekend Markets Trading Live.

Barron's:

• Had bullish commentary on (HD), (MDLZ), (BX), (AAPL), (AMZN), (GOOG), (MSFT), (FB), (PEP), (CLX), (KMB), (NVO), (TJX), (JNJ) and (CVX).

MarketWatch.com:

• Here’s a breakdown of the Fed’s rescue programs to keep credit flowing during the pandemic.

• Amazon is hiring 100,000 workers, 7-Eleven will hire up to 20,000 — here are the sectors adding jobs amid coronavirus.

Fox News:   

• Trump defends early action in virus crisis, says China being 'secretive'.

• Here's a way to show appreciation for health care workers on virus' front lines.

• Recovered Florida coronavirus patient has advice for young people.

• Millions comply with lockdowns, stay-at-home policies as coronavirus cases, deaths mount.

Zero Hedge:         

• Italy Goes Full "Wuhan", Orders Most Restrictive Lockdown Yet, As Global Case Total Passes 300k: Live Updates.

• China 'Inexcusably' Hid Information About Coronavirus And Should Admit Their Wrongdoing.

• "10% Of GDP": US Coronavirus Stimulus Package To Total $2 Trillion.

• In Sweeping Power Grab, DOJ Seeks Ability To Detain People Indefinitely Without Trial.

• The Debt Brake Finally Breaks: "Austere" Germany To Issue €356BN In New Debt, Amounting To 10% Of GDP.

• Use Of Fed Liquidity Swap Line Surges.

• China Orders Citizens To Stop Working At US News Outlets In Beijing.

• "Unprecedented" Global Policy Easing Has Failed To Curtail Credit Carnage.

• FDA Authorizes First 45-Minute 'Rapid Point-Of-Care' Test.

• National Guard Deploys In Baltimore As City Enforces Restrictive Curfew: Live Updates.

• Watch: "Youths" Looting, Fighting At Supermarkets In London & Paris.

• Confirmed: Fed Bailed Out Hedge Funds Facing Basis Trade Disaster.

• 'Vague' Legislation Gives British Police Powers To Detain "Suspected COVID-19 Carriers"

• Beijing's Claim Of No New Infections Contradicts Reality On The Ground.

• China Auto Sales Continue Collapse, Plunging 50% And 44% In First And Second Week Of March, Respectively.

• Debunking Nature Magazine's "COVID-19 Definitely Didn't Come From A Lab" China Propaganda.

• "Unparalleled Challenge" - Inside America's First Locked-Down Major City, "Everything's Out Of Our Control".

• Ronin Capital Blows Up, Unable To Meet CME Capital Requirements After VIX Trade Goes Wrong.

• A Revolving Panic: Here Are The Companies That Have Fully Drawn Down Credit Lines This Week.

• Congressman Demands Beijing Pay Reparations For Unleashing The Coronavirus On The US.

• The Economics Of Cruise Ships (& Why They Don't Deserve A Bailout).

• How Propaganda Gets Transmitted From China To Leftist Influencers.

• Tucker Targets Lindsey Graham - Who Wants Trump To Boost Visas To Rich Chinese Amid Corona Crisis.

• Boeing(BA) Suspends Buybacks And Dividends; CEO Will Work For Free Until End Of The Year.

• "I Lost 100%" Of My Business – Seattle Transforms Into 'Ghost Town' Amid Covid-19 Crisis.

• Stocks Suffer Worst Week Since Lehman Despite Biggest Fed Bailout Ever.

Business Insider:  

• 10 countries are now tracking phone data as the coronavirus pandemic heralds a massive increase in surveillance.

• GM will make ventilators as the coronavirus pandemic rages and hospitals face unprecedented stress.

• The top 9 shows on Netflix and other streaming services this week.

John Hopkins University:

• Coronavirus Global Cases. (map)

BNO News:

• Tracking Coronavirus: Map, data and timeline.

Google Docs:

• Coronavirus Testing by State.