Be in the know. 20 key reads for Monday…

  1. How many times will the Fed cut rates? Here’s what Wall Street expects for the key stock-market driver in 2024. (businessinsider)
  2. Chinese stocks staged a sharp recovery in afternoon trading, with a spike in volumes for an exchange-traded fund tracking state-owned shares fueling speculation of government buying. (bloomberg)
  3. Apple stock earns a new Street-high target on iPhone growth and China resilience (streetinsider)
  4. An ‘extremely rare’ stock market signal with a 100% accuracy rate is flashing and points to record highs in 2024 (businessinsider)
  5. Alibaba Cloud Makes More LLMs Available to Support Open-Source Community (alizila)
  6. Empowered, wealthy women the driving force behind luxury success in China (jingdaily)
  7. China consumption: Start of a new era (mckinsey)
  8. A Record High Is in the Cards for US Stocks in 2024 (bloomberg)
  9. Shari Redstone reportedly in talks to sell Paramount parent to Skydance (marketwatch)
  10. Jerome Powell’s Inflation Fight Is Succeeding, Raising Questions About Rate Cuts (wsj)
  11. Here’s Where Prices Are Actually Coming Down (wsj)
  12. The Chinese and American Climate Negotiators Pushing for a Deal (wsj)
  13. Amazon Is Cracking Down on Union Organizing, Workers Say (nytimes)
  14. Rate Cut Pivot Can’t Come Soon Enough for Debt-Strapped Companies (bloomberg)
  15. “Temu may not be able to offer its current low prices indefinitely, which could result in the erosion of its key value proposition,” wrote Morgan Stanley analysts including Simeon Gutman in a recent report entitled “The Temu Effect.” “The data could suggest Temu is ‘burning through’ new shoppers without generating stickiness after initial trials on the platform.” (bloomberg)
  16. Billionaire Brad Jacobs Eyes Deals in Building-Material Supplies (bloomberg)
  17. Legendary investor Charlie Munger shared his regrets, mistakes, and life lessons in his final TV interview. Here are the 18 best quotes. (businessinsider)
  18. Weight-Loss Stock Winners This Year Risk Being Losers in 2024 (bloomberg)
  19. Nike (NKE) is an ‘attractive margin recovery story’ says Citi, upgrades stock to Buy (streetinsider)
  20. Politburo Meeting Focuses On Foreign Investment, Week in Review (chinalastnight)