Be in the know. 10 key reads for Friday…

  1. Markets have China’s new leadership all wrong (asiatimes)
  2. China’s Big Banks Post Profit Gains on Credit Expansion (bloomberg)
  3. The Semiconductor Shortage Just Quickly Became An Inventory Glut (zerohedge)
  4. Ten ways China has changed under Xi Jinping (reuters)
  5. S. consumer spending seeing a ‘mitigation’ in growth not a slowdown, says Bank of America CEO (cnbc)
  6. Intel stock set to snap 9-quarter streak of post-earnings declines (marketwatch)
  7. 250 years of history is telling investors to bet on Treasury bonds in 2023, Bank of America says (marketwatch)
  8. Opinion: A seasonal stock-market trade that tends to be reliable begins Thursday (marketwatch)
  9. Intel stock set to snap 9-quarter streak of post-earnings declines (marketwatch)
  10. Hong Kong Airport Reopens Stores Ahead of Banking Summit and Rugby Sevens (bloomberg)