Be in the know. 30 key reads for Tuesday…

  1. Most factories in Shanghai resume work as Covid controls ease, ministry says (cnbc)
  2. Fed Likely to Consider 0.75-Percentage-Point Rate Rise This Week (wsj)
  3. The Fed’s Biggest Interest Rate Hike in 28 Years Could Be Coming (barrons)
  4. Qualcomm Has Upside Thanks to Apple and Samsung, Analyst Says (barrons)
  5. FedEx Raises Dividend, Stock Jumps 9% (barrons)
  6. A Break in Inflation Is on the Way, but It’s the Wrong Break (barrons)
  7. There Might Be a Recession, but It Won’t Be Long, Wall Street Says (barrons)
  8. Fund managers are the most fearful of stagflation in 14 years. Here’s what they’re doing about it. (marketwatch)
  9. Edward O. Thorp — Beating Blackjack and Roulette, Beating the Stock Market, and More (Tim Ferriss)
  10. As the World Tightens, China Prepares to Ease (chinalastnight)
  11. Wall Street braced for sharp Fed rate rise to fight soaring inflation (ft)
  12. The Big Read. BioNTech’s second act: can it transform the fight against cancer? (ft)
  13. Yen hits 24-year low against dollar as Japan sticks to loose monetary policy (ft)
  14. Wharton professor Jeremy Siegel is one of the best stock watchers alive. He says the S&P 500 is already pricing in a recession and bear market (yahoo)
  15. P. Morgan’s Kolanovic Believes Near-Term Recession Will Ultimately be Avoided (streetinsider)
  16. Gilead’s String of Busts Presents Opportunity (wsj)
  17. OPEC Sees Halving in Oil Demand Growth Next Year (bloomberg)
  18. Leon Cooperman Tells CNBC That a Recession Will Hit in 2023 (bloomberg)
  19. Tech Giants Start Getting Real on Augmented Reality (wsj)
  20. Russian oil production has jumped 5% so far in June as China and India continue snapping up discounted barrels (businessinsider)
  21. Oil prices rise even as report says President Biden will visit Saudi Arabia and meet with other top crude producers (businessinsider)
  22. The stock market is tanking but UBS says companies targeting high income spenders could surge as much as 50%. Here are 38 stocks that fit the bill. (businessinsider)
  23. Over 80% of investors expect stagflation to shock markets within a year, according to Bank of America (businessinsider)
  24. Amazon and Spotify Boost Podcast Offerings, and Audiences Soar (bloomberg)
  25. China City Accused of Using Covid Health Codes to Stop Protests (bloomberg)
  26. Nasdaq Bulls See Glimmer of Hope in Aggressive Fed (bloomberg)
  27. The Fed May Discuss the Biggest Interest Rate Increase Since 1994 (nytimes)
  28. What Happens When Stock Markets Become Bears (nytimes)
  29. Higher Unemployment Rate Looms as the Fed Fights Inflation (wsj)
  30. FedEx stock soars toward biggest gain in 29 years (marketwatch)