Be in the know. 20 key reads for Thursday…

  1. Fed Projects Just One Cut This Year Despite Mild Inflation Report (wsj)
  2. Wholesale prices unexpectedly fell 0.2% in May (cnbc)
  3. Jobless claims jump to highest level in 10 months (marketwatch)
  4. Why Investors Don’t Believe the Fed (nytimes)
  5. Bond Market Splits From Fed Again by Betting on 2024 Rate Cuts (bloomberg)
  6. The Fed isn’t really taking 2 rate cuts off the table (finance.yahoo)
  7. Fed Signals One Rate Cut This Year, But Keeps Door Open to Two (bloomberg)
  8. Fed’s $1 trillion pile of paper losses are turning into actual losses — with more in sight (marketwatch)
  9. Large-Cap Value Stocks Will Power the Market Rally From Here, This Strategist Says (barrons)
  10. Airline Stocks Are Soaring on Lower Fares. Here’s Why. (barrons)
  11. Small-Cap Stocks Are Finally Ready to Run With the Bulls (barrons)
  12. The Bank of Japan Faces an Impossible Challenge (barrons)
  13. U.S. Travelers Can Renew Their Passports Online Starting Today (wsj)
  14. Amazon to Invest Billions in Taiwan Cloud Infrastructure (wsj)
  15. Stung by Past Mistakes, a Wary Fed Takes Its Time (wsj)
  16. Why Big US Banks Are Resisting Bigger ‘Capital Cushions’ (bloomberg)
  17. Odd Lots: Elon Musk Dominates Space Like Nobody Has Before (bloomberg)
  18. ‘The White Lotus’ Gives Thailand a Tourism Boost Ahead of Third Season (bloomberg)
  19. Dividend stocks can help lower your risk. Many are bargains right now. (marketwatch)
  20. Wholesale prices decline and add to evidence of easing U.S. inflation (marketwatch)