- Auto Sales Defy Gloomy Forecasts. Dealers, car executives cite pent-up demand from years of shortages and high prices (wsj)
- China Should Welcome Yellen With Open Arms (bloomberg)
- ‘Bad Breadth’ is the latest ridiculous reason naysayers insist stocks are doomed (nypost)
- Yellen’s China Visit Aims to Ease Tensions Amid Deep Divisions (nytimes)
- China’s PBOC Eyes Stability Amid Recovery Woes (bloomberg)
- China’s Xi says countries share responsibility to promote growth, opposes decoupling (cnbc)
- Here Are the Tools That China Uses to Manage the Yuan (bloomberg)
- Today’s Fed Minutes Should Give Clues on Rate Pause (barrons)
- Amazon is the cheapest of the Magnificent Seven stocks by this important measure (marketwatch)
- How the Fed and Investors Could All Be Wrong on Rates (wsj)
- China Banks Cut Rates for $453 Billion Corporate Dollar Deposits (bloomberg)
- “Preference among many tenants for trophy or Class A+ space is driving rents higher in that segment of the market, while tenants are able to dictate terms to a greater extent for commodity Class A and Class B/C space,” according to the Savills report. (marketwatch)
- Why the 5 Highest-Yielding Nasdaq Stocks Could Rip Higher With the Red-Hot Summer Rally (247wallst)
- US new vehicle sales set to gain in June, S&P Global Mobility says (reuters)
- Edmunds: Pent-Up Demand to Prop Up New Car Sales in Q2 (aftermarketnews)
- Cox Automotive Forecast: New-Vehicle Sales to Increase More Than 11% Year Over Year Through the First Half of 2023 (cox)
- Year-To-Date Auto Forecasts Show Things Are Looking Up. (insideradio)
- US wants to limit China’s access to cloud services from Amazon, Microsoft: report (nypost)
- China Official Meets With Foreign Drugmakers to Boost Confidence (bloomberg)
- Test Driving the $245,000 Aston Martin DB12 in the Hills of Monte Carlo (bloomberg)
- Wharton’s Jeremy Siegel says the bull run in stocks can go a lot longer even as the Fed wages ‘war on growth’ (businessinsider)
- Here’s why Wall Street’s biggest bull thinks the stock market is headed to record highs this year (businessinsider)
- Google searches for inflation have plunged – and that could mean rising prices aren’t a big problem anymore, Nobel economist Paul Krugman says (businessinsider)
- China is restricting the export of two little-known metals crucial to the semiconductor industry. It shows Beijing still holds important chips in its tech war with the West. (businessinsider)
- China’s chipmaking export curbs ‘just a start’, Beijing adviser warns before Yellen visit (reuters)
- Xi warned Putin against nuclear attack in Ukraine (ft)
- China gets a new central bank chief as economy struggles for lift-off (ft)
- US biotech Moderna strikes deal to develop mRNA drugs in China (ft)
- “China’s government bonds have outperformed stocks since 2010,” said Alpine Macro analysts in a report. “As for stocks, they could bounce back after being beaten down badly since 2021. Nevertheless, a sustainable rally in Chinese shares would first require aggressively pro-cyclical fiscal policy and persistent monetary stimulus.” (scmp)
- Asking Rent Growth Flat Year-over-year (calculatedriskblog)