Bloomberg Daybreak: August 17, 2020 – Hour 1 (Radio)

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Bloomberg Daybreak: August 17, 2020 – Hour 1 (Radio)

Bloomberg Daybreak with Karen Moskow and John Tucker. GUESTS: Lori Calvasina. Head of US Equity Strategy. RBC Capital Markets. Terry Haines.
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Postal Service Debt Is In Part A Defense Department Subsidy And Federal Accounting Sham

The House will cut short its August recess to address United States Postal Service. The Senate is gone, which means anything the House passes will
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Ryanair cuts flights as EU virus rates hit bookings

Ryanair has said it will cut capacity by 20% in September and October following “notably weakened” bookings in recent days. The airline said the drop was driven by “uncertainty over recent Covid case rates in some EU countries”. It said cuts will mostly be in …
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The S&P 500 Will Rise 7% More This Year, Goldman Sachs Says. Here's Why.

The stock market will begin the week from a height that is equal to where it stood before the pandemic. Peering ahead, Goldman Sachs strategists say there is an additional 7% in gains ahead this year for the S&P 500 index. In a weekend note, David Kostin …
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Fed Gently Nudges Muni Market and Deadlocked Congress

Do you hear us now? Photographer: Brendan Smialowski/AFP/Bloomberg.
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