Be in the know. 22 key reads for Wednesday…

  1. Weekly mortgage applications rise as rates drop to 30-year low, but it’s all refinances (CNBC)
  2. Could It Be Value Stocks’ Time to Shine? One Long-Skeptical Strategist Thinks So. (Barron’s)
  3. UnitedHealth beats quarterly profit on strength across its businesses (CNBC)
  4. Larry Kudlow’s War Bonds Are Coming But in a Plain Vanilla Wrapper (Bloomberg)
  5. China’s Data on Symptom-Free Cases Reveals Most Never Get Sick (Bloomberg)
  6. Pound May Turn Into Unlikely Winner From Europe’s Virus Troubles (Bloomberg)
  7. Tesla Wooed by $1 Billion Missouri Package for Cybertruck Plant (Bloomberg)
  8. Smartphone Makers Ordering Parts Like There’s No Pandemic (Bloomberg)
  9. Virus Sell-Off Turns Bonds Into ‘Fallen Angels.’ Here’s Why Downgrades Matter (Bloomberg)
  10. Why A 50% Drop in U.S. GDP May Not Be So Bad (Barron’s)
  11. Hedge Funds’ Top Holdings Are Beating the Market. They’re a Familiar Bunch. (Barron’s)
  12. Trump says close to plan to reopen economy possibly, in part, before May 1 (Street Insider)
  13. Saudi energy chief: Historic oil cuts more than double amount reported (Fox Business)
  14. Trump: At least 29 states ‘ready’ to reopen (Fox Business)
  15. Ray Dalio Said ‘Cash Is Trash.’ But Managers Are Hoarding It. (Institutional Investor)
  16. ByteDance looks to hire 10,000 thanks to TikTok boom (Financial Times)
  17. Saudi Arabia says price war was ‘unwelcome departure’ from oil policy (Financial Times)
  18. GlaxoSmithKline, Sanofi Announce Coronavirus Vaccine Program (Barron’s)
  19. Here’s How Much Of Delta Air Lines The Government Will Own After Rescue (Investor’s Business Daily)
  20. 3 reasons why Warren Buffett is so successful in bear markets (USA Today)
  21. When the Coronavirus Outbreak Could Peak in Each U.S. State (Bloomberg)
  22. Six Flags to offer up to $665 million of bonds to repay debt and fund operations (MarketWatch)