Be in the know. 22 key reads for Monday…

  1. Why the stock market is smarter than any of us – including the bears (nypost)
  2. JPMorgan Chase takes over First Republic after U.S. seizure of ailing bank (cnbc)
  3. China’s Travel Rush Over Holiday Sees Tourism and Spending Soar (bloomberg)
  4. Iveric Bio Agrees to $5.9 Billion Bid From Astellas. Buyers Are Hunting Biopharma Bargains. (barrons)
  5. The Fed Has Few Good Options. The Risk of a Misstep Is Growing. (barrons)
  6. GM Stock Rises After Morgan Stanley Says Buy (barrons)
  7. Li Auto Stock Rises After Record EV Deliveries (barrons)
  8. Opinion: Sell in May? Not so fast. ‘Stay and play’ this summer in safer stock-market sectors. (marketwatch)
  9. Stock-market investors want the Fed to answer this crucial question when it meets this week (marketwatch)
  10. Watch for a Fed pause, a debt-ceiling battle and a volatile summer. Shelter in these stocks, says strategist. (marketwatch)
  11. Norwegian Cruise Line Sails Past Estimates. The Stock Is Up. (barrons)
  12. 10 Tough Questions for Warren Buffett Heading Into Berkshire’s Annual Meeting (barrons)
  13. The Building Boom Is Prolonging Market Pain (wsj)
  14. Here’s What Treasury, Fed Might Do in a Debt Ceiling Crisis (wsj)
  15. Fed Set to Raise Interest Rates and Debate a Pause (wsj)
  16. The Air Has Come Out of the Dollar (wsj)
  17. Hedge Funds Bet Dollar to Erase Hike-Cycle Gains as Fed Peaks (bloomberg)
  18. Trader ‘Exhaustion’ Drags April ETF Volume to Lowest Since 2020 (bloomberg)
  19. The Slow Dance Between Markets and Central Banks (bloomberg)
  20. The Chip Sector Has a New Sport: Finding the Bottom (bloomberg)
  21. The Dollar’s Demise May Come Gradually, But Not Suddenly (bloomberg)
  22. Macau Casino Revenue Jumps Again in April on China Tourism Boom (bloomberg)