Be in the know. 15 key reads for Friday…

  1. What Bullard got wrong about a 7% fed funds rate (and why the terminal rate may be closer than you think) (marketwatch)
  2. China Growth Target Should Be at Least 5%, PBOC Adviser Says (bloomberg)
  3. JD Reports Higher Quarterly Sales, Defying China Downturn Fears (bloomberg)
  4. Boeing Is Taking Action to Fix Its Defense Business (barrons)
  5. A year after the Nasdaq peak, why stocks could rally from here. (marketwatch)
  6. How 18 semiconductor stocks shine when compared with Nvidia this earnings season (marketwatch)
  7. Zuckerberg Says This Will Be a Sales Driver Before His Big Bet on the Metaverse (barrons)
  8. Here’s another reason softer inflation may be a game-changer for stocks: the dollar may finally have peaked (marketwatch)
  9. He Thought His Home Might Sell for $30 Million. Fifteen Months Later, It’s ‘The Steal of the Century.’ (wsj)
  10. Wall Street Economists Split on Whether Fed Cuts Rates in 2023 (bloomberg)
  11. China’s Covid Cases Near Record High in Test for Looser Rules (bloomberg)
  12. Ray Dalio says none of China’s new leadership team appear to be ‘extremists’ (cnbc)
  13. An iPhone Factory Needs Workers. The Chinese Government Wants to Help. (nytimes)
  14. Masa-Son Steps Back From Running Softbank, Personally Owes Almost $5 Billion To Troubled Tech Giant (zerohedge)
  15. Macron says China’s ability to pressure Russia is ‘extremely useful’ (ft)