Be in the know. 18 key reads for Wednesday…

  1. China rally hasn’t been chased by options traders, Bank of America says (marketwatch)
  2. Regional Bank Stocks Are Hated Again. It’s Time to Buy. (barrons)
  3. Media Mogul Byron Allen: This is just a speed bump for Disney, ‘Bob Iger is the best of the best’ (cnbc)
  4. The Fed has to cut because the economy is running out of gas, says Jim Cramer (cnbc)
  5. Stock buybacks hit highest level since 2018 (yahoo)
  6. Teva Pharmaceutical’s stock climbs as schizophrenia treatment shows promise (marketwatch)
  7. Billions in Chips Grants Are Expected to Fuel Industry Growth, Report Finds (nytimes)
  8. Celebrities pay this NYC man big bucks to get them reservations at exclusive eateries (foxbusiness)
  9. US 30-Year Mortgage Rate Falls for First Time Since March (bloomberg)
  10. Intel flags revenue hit as U.S. revokes certain export licenses to Chinese customer (reuters)
  11. Ledecky’s 800m gold medal hopes boosted as McIntosh opts out (reuters)
  12. Chinese firms’ earnings to rebound amid a pickup in the economy: UBS (scmp)
  13. Alibaba seeks growth in Mongolia with marketplace selling Chinese goods (scmp)
  14. These are the potential ‘shock’ scenarios around next week’s inflation data, says Goldman Sachs (marketwatch)
  15. Sweden becomes second major central bank to cut rates (marketwatch)
  16. Bond King Bill Gross to Bond Funds: Drop Dead (barrons)
  17. 3 Restaurant Stocks That Are Vying to Be the Next Chipotle (barrons)
  18. Rents Set to Be Last Domino to Fall in Global Inflation Battle (bloomberg)