Be in the know. 8 key reads for Wednesday…

  1. Hedge Funds Bailing on High-Beta Stock Picks at a Breakneck Clip (bloomberg)
  2. The Big Read. Nuclear fusion: why the race to harness the power of the sun just sped up (ft)
  3. Flush With Cash, Saudi Prince Snubs Biden and Sends a Message (bloomberg)
  4. Claims for U.S. Jobless Benefits Plunge to Lowest Since 1969 (bloomberg)
  5. Selloff in Highly Priced Tech Stocks Is Pressuring Hedge Funds That Piled In (bloomberg)
  6. Goldman Sachs says weakening growth, rising interest rates, rich valuations, and higher taxes won’t sink stocks next year, but they will slow them down. Here’s what to buy and what to avoid to maximize profits. (businessinsider)
  7. Ray Dalio’s Bridgewater Raises $1.25 Billion for Its Largest China Fund Yet (wsj)
  8. Top Strategist Says Health Care Could Rule in 2022: 5 Dividend Winners (247wallst)