Be in the know. 22 key reads for Friday…

  1. Ozempic Won’t Change the World or Your Flight. Here’s Why. (barrons)
  2. BofA Sees Near-Term Stock Rally as Signal Flashes Contrarian Buy (bloomberg)
  3. Biden Wants to Boost Israel Aid. Defense Stocks Rise. (barrons)
  4. Surging Bond Yields Could Help to Keep the Fed on Hold (barrons)
  5. It’s Time to Take a Chance on the Stock Market’s Biggest Losers (barrons)
  6. The UAW Strike Is Quiet for Now. Union Chief Could Stir the Pot Today. (barrons)
  7. China’s economy is performing much better than markets think, says Shehzad Qazi (cnbc)
  8. 2-year treasury will be a signal for when investors will get relief: NFJ Investment’s John Mowrey (cnbc)
  9. Alibaba Kicks off 2023’s 11.11 With Record Investment by Merchants (alizila)
  10. Alibaba and Tencent lead US$342 million total investment this year in Zhipu AI (scmp)
  11. Ant Group buys land to expand HQ as shadow of China’s tech crackdown dissipates (scmp)
  12. Will The Policy Bazooka Be Unleashed As Lines in The Sand Are Crossed? (chinalastnight)
  13. EM Stocks Set For Worst Week Since August Amid Mideast Conflict (bloomberg)
  14. UAW and General Motors Inch Toward Tentative Deal, Union Negotiator Says (bloomberg)
  15. PC demand is back, says Acer CEO who sees robust growth in ‘foreseeable future’ (cnbc)
  16. Fed funds futures traders pull back on likelihood of Fed rate hike by December and January (marketwatch)
  17. China Liquidated The Most US Securities In Four Years To Prop Up Plunging Yuan (zerohedge)
  18. World’s Largest Chipmaker Sees ‘Bottom’ After Semiconductor Downturn (zerohedge)
  19. Amex calls out ‘strong’ spending and credit trends as earnings beat estimates (marketwatch)
  20. Charlie Munger Says This Investment is Getting ‘More Hype Than It Deserves’ — He’s Not A Fan, But It’s A Huge Part Of Berkshire Hathaway’s $350 Billion Portfolio (yahoo)
  21. Venezuelan sovereign bonds soar 90% as US allows the return of American investors (businessinsider)
  22. The decline in China’s US Treasury holdings isn’t as big as it seems (businessinsider)