Be in the know. 11 key reads for Saturday…

  1. May Inflation Data Was ‘Very Good,’ Fed’s Goolsbee Says (barrons)
  2. Don’t Bet on Fed Rate Cuts. Do This Instead. (barrons)
  3. Hurricane Season Begins With a Deluge in Florida. Are Insurers Ready? (barrons)
  4. Treasury yields see biggest two- and three-week declines since December as bonds keep rallying (marketwatch)
  5. Consumer sentiment falls to 7-month low on worries over inflation and weaker incomes (marketwatch)
  6. Inflation is cooling — but Americans’ concerns about it are hotter than ever, by one measure (marketwatch)
  7. Bank of America wins upgrade on business lending, healthier balance sheet (marketwatch)
  8. Goldman Sachs Boosts S&P 500 Target on Upbeat Profit Outlook (bloomberg)
  9. It Turns Out Apple Is Only Paying OpenAI in Exposure (futurism)
  10. Jerry Seinfeld and Maria Popova (#746) (timferriss)
  11. Real Estate Investors Are Wiped Out in Bets Fueled by Wall Street Loans (bloomberg)