Be in the know. 40 key reads for Tuesday…

  1. Meme Stock Billionaire Ryan Cohen Buys Into Alibaba (bloomberg)
  2. Why Biotech Is Poised for a Recovery This Year (wsj)
  3. The worst is over for the global chip shortage, ABB chairman says: ‘I’m quite optimistic’ (cnbc)
  4. China’s economy could recover faster and earlier than expected, analysts say (cnbc)
  5. Fund manager allocation to U.S. stocks in January collapses, BofA survey finds (reuters)
  6. Chinese stocks have been on a tear. Morgan Stanley says it’s turning even more bullish on China. (marketwatch)
  7. US-China Trade is Close to a Record, Defying Talk of Decoupling (bloomberg)
  8. China’s Liu says growth rate can recover (marketwatch)
  9. Activist Investor Ryan Cohen Takes Stake in Alibaba and Pushes for More Stock Buybacks (wsj)
  10. Meme-stock billionaire Ryan Cohen has built a stake in Chinese tech giant Alibaba worth hundreds of millions and is reportedly ready to push for share buybacks (businessinsider)
  11. Meme Stock Icon Cohen Buys Into Alibaba in Rare China Activism (bloomberg)
  12. Meme Stock Billionaire’s Alibaba Wager Risks Clash With Beijing (bloomberg)
  13. Rebellion Against Higher Prices Helps Slow Inflation (wsj)
  14. Big-Spending Chinese Tourists Are Coming Back, but Slowly (wsj)
  15. China’s vice premier says country is open to foreign investors (marketwatch)
  16. Demand Is Still Weak. But Bottom in Sight for Builders. (barrons)
  17. Rents Take a Breather (barrons)
  18. How a ‘triple-barreled buy signal’ and other green flags could send the S&P 500 20% higher, says this money manager (marketwatch)
  19. Morgan Stanley cuts U.S. dollar forecast further, less than three weeks into new year (marketwatch)
  20. Fund managers are ‘a lot less bearish’ than in the fourth quarter, Bank of America’s latest poll finds (marketwatch)
  21. China reports first population drop in decades as birthrates plunge (marketwatch)
  22. China’s growth falls to second-lowest level in decades last year, but is improving (marketwatch)
  23. China’s Economy Stumbled Last Year, With Covid Lockdowns Hobbling Growth (nytimes)
  24. Job-openings data are missing a recent upturn in layoffs, Goldman economist says (marketwatch)
  25. Why the Bank of Japan is the ‘hottest story in town’ for traders (marketwatch)
  26. EVs Made Up 10% of All New Cars Sold Last Year (wsj)
  27. Yellen, Top Chinese Official to Meet, Try to Smooth Economic Ties (wsj)
  28. Can India Emerge as a Rival to China? (wsj)
  29. Big Tech Stops Doing Stupid Stuff (wsj)
  30. China Declares Its Reopening After Covid Isolation (wsj)
  31. The looming debt-ceiling crisis is too big for the Fed to ignore (nypost)
  32. Sickle Cell Cure Brings Mix of Anxiety and Hope (nytimes)
  33. Worrying About the Fed Is So Last Year. Here’s Why (bloomberg)
  34. BMW Bringing Back ‘Knight Rider’ Is the Easy Part of Software Shift (bloomberg)
  35. Goldman Tumbles After Big Revenue, EPS Miss; Loan Loss Provisions Soar 183% (zerohedge)
  36. Visualizing The Most Valuable Brands From 2000–2022 (zerohedge)
  37. Alibaba Bulls See $140 Billion Rally Extending on Cohen’s Buy (yahoo)
  38. Is It Time To Buy Growth Stocks Again? (institutionalinvestor)
  39. The Big Read. How Apple tied its fortunes to China (ft)
  40. World Economic Forum panellists play up growth prospects after China reopening (scmp)