Be in the know. 25 key reads for Tuesday…

  1. China’s Stock Rally Holds Promise as Bullish Indicators Emerge (bloomberg)
  2. China’s Big Tech firms in expansion mode after Beijing’s positive policy shift (scmp)
  3. China Is Trying to Make Its Gloomy Consumers Spend More (nytimes)
  4. Wharton professor Jeremy Siegel says the stock market is headed to new all-time highs thanks to a strong economy and resilient corporate earnings (businessinsider)
  5. China Vows More Economic Support as Recovery Continues to Wane (bloomberg)
  6. China should act decisively to pull economy back from the brink: Cornell professor (cnbc)
  7. Strategists Scramble to Catch Up as S&P 500 Rally Rumbles On (bloomberg)
  8. China Seeks to Boost Consumption to Spur Growth Recovery (bloomberg)
  9. Biogen’s New Boss Is Delivering, but Stock Isn’t Pricing It in Yet (wsj)
  10. Apartment Buildings Are Popping Up Everywhere. How the Glut Changes Rent. (barrons)
  11. Home Buyers Feel Stuck. Why Wall St. Is Bullish on Housing. (barrons)
  12. Merck Tops Expectations. More M&A Could Be Next. (barrons)
  13. Piper Sandler raises S&P 500 target for 2023 as stock-market breadth expands, positive earnings underpin equities (marketwatch)
  14. S. Treasury increases borrowing estimate for third quarter to just over $1 trillion (marketwatch)
  15. The S&P 500 Has New Price Target. The Runaway Market Explains the Big Number. (barrons)
  16. Manufacturing stalled in the first half. But now the stage is set for a recovery, says JPMorgan. (marketwatch)
  17. Carnival bonds climb after cruise operator says it will save $120 million a year by retiring $1.2 billion in high-cost debt (marketwatch)
  18. New Ultrasound Therapy Could Help Treat Alzheimer’s, Cancer (wsj)
  19. CVS to Shed 5,000 Jobs in Cost-Cutting Push (wsj)
  20. Miami Is Shrinking (wsj)
  21. People Are Hiring D-List Celebrities to Deliver Their Bad News (wsj)
  22. Wall Street Economists Are Looking at a September Rate Pause (bloomberg)
  23. Economist Behind Popular Recession Gauge Worries She Created a ‘Monster’ (bloomberg)
  24. The ‘A’ word and these 2 other factors can unlock Amazon (AMZN) shares – Evercore ISI (streetinsider)
  25. Top stock pickers hit by ‘tremendous’ amount of uninvested cash (ft)