Be in the know. 14 key reads for Saturday…

  1. China’s Consumers Are Spending in Smaller Cities. It’s the Power of the New Middle Class. (barrons)
  2. Chinese Listing Spree Sparks Revival Hopes in Hong Kong Stocks (bloomberg)
  3. The U.S. Plan to Hobble China Tech Isn’t Working (wsj)
  4. China Violated Trade Deal, but U.S. Will ‘Work That Out’ With Xi, Trump Says (barrons)
  5. Stocks Soar To Best May Since ’90; Gold Gains As Dollar Dumps To Three-Year-Low (zerohedge)
  6. Fed’s Daly Says Still Comfortable With Two Rate Cuts in 2025 (bloomberg)
  7. Tariff Confusion Has Investors in Search of the Boring (barrons)
  8. Investors must not let the tariff drama cloud their judgment (ft)
  9. The 10 Best Companies to Invest in Now (morningstar)
  10. Walt Disney theme parks explains massive expansion plans (thestreet)
  11. There are 500,000 more people selling their homes in the U.S. than those looking to buy them (fortune)
  12. Redfin says housing market bubble could deflate this year (thestreet)
  13. Volkswagen flags ‘massive’ US investments and says tariff talks constructive (reuters)
  14. Etsy’s CEO shares two key steps he took early in his career that set him up for later success (fortune)

Be in the know. 24 key reads for Friday…

  1. Drinks groups mount fightback as alcohol faces ‘tobacco moment’ (ft)
  2. Non-alcoholic beer projected to overtake ale as the second-largest beer category worldwide this year (cnbc)
  3. Boeing to resume airplane deliveries to China next month, ramp up Max production, CEO says (cnbc)
  4. US FAA extends program allowing Boeing to conduct agency tasks like inspections (reuters)
  5. Boeing to Weigh Big 737 Max Output Jump Later This Year (bloomberg)
  6. Turkey, nuts and Spam are appealing to ‘strained’ consumers, Hormel says (marketwatch)
  7. Disney+ Expands Subscriber Perks, Including Movie Premieres (bloomberg)
  8. ‘Trickle’ of global inflows to Chinese stocks could become a ‘flood’: Cambridge Associates (scmp)
  9. Chinese tech groups prepare for AI future without Nvidia (ft)
  10. Exclusive | China’s world-beaters in tech, energy sectors are focus of investors, JPMorgan says (scmp)
  11. Bessent Says US-China Talks ‘Stalled,’ Pushes for Trump-Xi Call (bloomberg)
  12. European Stocks Set for Biggest Monthly Advance Since January (bloomberg)
  13. The End of the Easy US Stock Bet Has Been Good to Contrarians (bloomberg)
  14. Citi: U.S. stocks now least preferred among global asset managers (streetinsider)
  15. Investors see US stocks rally broadening, even as ‘Magnificent Seven’ rebound (reuters)
  16. Interest-Rate Cuts Could Resume With Trade Deals, Says Chicago Fed President Austan Goolsbee (barrons)
  17. Bank of America CEO Brian Moynihan on What Makes the U.S. ‘Fundamentally Strong’ (barrons)
  18. GDP Shrank Less Than First Reported Last Quarter. This Is Why. (barrons)
  19. Inflation rate slipped to 2.1% in April, lower than expected, Fed’s preferred gauge shows (cnbc)
  20. Dollar set for fifth monthly drop on trade, fiscal uncertainty (streetinsider)
  21. For First Time Since 2019, Trump Invites Powell To White House To Discuss Economy (zerohedge)
  22. The Stock Market Is Crushing an Old Wall Street Cliché (barrons)
  23. Retailers, Ducking Trade-War Curveballs, Stick to Their Plans (wsj)
  24. Ulta Raises Full-Year Outlook as Consumers Keep Spending on Beauty (wsj)