Be in the know. 22 key reads for Wednesday…

  1. China Bets on $1.5 Trillion of Tax Cuts in Quest for Growth (bloomberg)
  2. Alibaba’s answer to Slack upgrades in rivalry with Tencent, ByteDance (scmp)
  3. Used Car Prices Fall As Goldman Points Out Supply Chain Alleviation (zerohedge)
  4. Alibaba Buys Back Big, Reuters Reports US-Listed Companies Preparing For PCAOB Review (chinalastnight)
  5. General Mills Stock Is Gaining. Inflation Couldn’t Stop It From Beating Earnings Estimates. (barrons)
  6. China stock buybacks get seal of approval as Goldman sees winning run (scmp)
  7. One Black Box Found From China Eastern Airlines Jet Crash (barrons)
  8. The ‘Yield Curve’ Is Close to Inverting. A Different Curve Tells a More Upbeat Story. (barrons)
  9. Why China Is Unlikely to Aid Russia (barrons)
  10. Investing legend Bill Miller says there are many good values in the market even after relief rally (marketwatch)
  11. S., U.K. Strike Trade Deal to End Tariffs on British Steel and American Whiskey (wsj)
  12. S. Rethinks Uranium Supply for Nuclear Plants After Russia’s Invasion of Ukraine (wsj)
  13. Test Scores Start to Rise as In-Person Classes Resume (wsj)
  14. China Grapples With How to Handle All the Mild Covid Cases (wsj)
  15. The World’s Best Private Race Tracks (barrons)
  16. This Is Now The Worst Drawdown on Record for Global Fixed Income (bloomberg)
  17. Putin’s Ukraine invasion is turning into a ‘grinding war’ where nobody wins (cnbc)
  18. Higher interest rates are pressuring homebuilder stocks but investors should stick with them as housing demand remains strong, Jefferies says (businessinsider)
  19. Goldman Sachs CEO ‘DJ D-Sol’ playing at Lollapalooza (nypost)
  20. Chinese internet stocks are extending enormous gains from last week. We spoke to 3 experts about what’s happening, and why it makes sense to be bullish even after this epic rally. (businessinsider)
  21. Tencent quarterly profit surges 60 per cent on back of one-off gain from JD.com deal (scmp)
  22. Jamie Dimon calls for development of domestic gas and energy resources (foxbusiness)