Be in the know. 11 key reads for Saturday…

  1. China’s Public Puts on a Show of Zero Covid for an Audience of One (nytimes)
  2. El Salvador’s Lonely Bitcoin Experiment: ‘It’s Either the Biggest Failure or the Biggest Con.’ (barrons)
  3. Regeneron Gets Praised by Wall Street. High-Dose Eylea Data Look ‘Strong.’ (barrons)
  4. S. stocks suffer largest weekly outflows in 11 weeks as investors brace for possible jumbo Fed rate hike (marketwatch)
  5. A strong market rally could be just weeks away if the U.S. midterm elections can put anxious stock investors at ease (marketwatch)
  6. Buy US High-Yield Debt as Inflation Hedge, Nuveen’s Malik Says (bloomberg)
  7. US Household Net Worth Falls Most on Record on Slump in Stocks (bloomberg)
  8. Scholz Says Germany Prepared for Russia Gas Halt Over Ukraine (bloomberg)
  9. Forced Buying Puts a Floor Under Stocks Nobody Else Wants to Own (bloomberg)
  10. The Illusion of Knowledge (oaktreecapital)
  11. Cliff Asness, Founder, Managing Principal, and Chief Investment Officer of AQR Capital Management (GS)