Be in the know. 14 key reads for Friday…

  1. P. Morgan Thinks the Darkest Days for China Have Passed. Allocators Remain Cautious. (institutionalinvestor)
  2. Merck Pushes Forward With Potential Deal for Seagen (wsj)
  3. Stocks Keep Rising as Fears Over Aggressive Rate Hikes Ease (barrons)
  4. Southwest and 2 More Stocks Could Soar (barrons)
  5. High-Yield Bonds Are Looking Like Bargains After an Awful First Half (barrons)
  6. The Fed Gives Banks a Clean Bill of Health. The Stock Market Hasn’t. (barrons)
  7. IPOs From 2021 Have Crashed. It May Be Time to Buy Some of Them.
  8. EVs & Internet Gain On Policy News, China Markets Outperform In Asia (chinalastnight)
  9. The high-flying energy sector is suffering one of its worst streak of losses in 40 years as oil prices pull back (businessinsider)
  10. China’s Xi Jinping Knows He Needs the Fintechs (bloomberg)
  11. Stocks Rise as Rate-Hike Expectations Cool (wsj)
  12. Facebook, Netflix and PayPal Are Value Stocks Now (wsj)
  13. Nuclear Power Is Poised for a Comeback. The Problem Is Building the Reactors. (wsj)
  14. America’s Cash Hoard Could Cushion a Downturn (wsj)