Be in the know. 20 key reads for Friday…

  1. Tumbling US dollar a boon to risk assets across the globe (reuters)
  2. Intel CEO wraps up low-key China trip amid ongoing tech war (scmp)
  3. Chinese mutual funds buy US$351 million of own products in show of confidence (scmp)
  4. Exclusive: China invites global investors for rare meeting (reuters)
  5. Goldman Sachs: These 17 stocks could earn much more than the rest of Wall Street expects following a strong second half for markets (businessinsider)
  6. Americans Are Borrowing Again, Which Is Great News for Big Lenders (wsj)
  7. CEO fires 90% of customer support staff because AI chatbot outperformed them (nypost)
  8. Insurer’s Retreat in Florida Signals Crisis With No Easy Fix (nytimes)
  9. JPMorgan Earnings Get a Boost From Higher Rates, First Republic Deal (barrons)
  10. SpaceX Is Now Worth More Than Boeing and Raytheon (barrons)
  11. Deutsche Bank currency guru says it’s ‘time to sell the dollar’ as greenback sees longest losing streak since 2021 (marketwatch)
  12. The Stock Market Rally Seems Unstoppable. Here’s When the Naysayers Will Give In. (barrons)
  13. The AI Bubble Isn’t Big Enough. Why There’s More Upside Ahead for Big Tech. (barrons)
  14. The Yen, the Yuan, and the Dollar: How China and Japan Could Shore Up Their Economies (barrons)
  15. As Inflation Goes Down, Soft Landing Odds Improve (wsj)
  16. Emerging-Market Growth Bets Return, Helping Stocks Beat US Peers (bloomberg)
  17. BofA Stocks Indicator Sees S&P 500 Surging 16% in Next 12 Months (bloomberg)
  18. ‘I don’t see why people are going to sell their stocks.’ ‘Big Short’ investor Steve Eisman says stocks will keep rallying as long as the economy stays healthy (businessinsider)
  19. U.S. consumer sentiment soars in July to highest level since September 2021 (marketwatch)
  20. US Federal Debt Interest Payments About To Hit $1 Trillion (zerohedge)