Be in the know. 20 key reads for Friday…

  1. Third Plenum Promises to Fix “Insufficient Demand”, Week in Review (chinalastnight)
  2. Third Plenum Communique: CN to Implement Measures to Prevent & Resolve Risks in Property, Local Debts, Small/ Medium Financial Institutions, Others (aastocks)
  3. Why the Fed Should Cut Rates Now—Not Wait Until September (wsj)
  4. Big Tech shares lose lustre as US market rocked by violent rotation (ft)
  5. Why Income Seekers Should Consider Buying High Yield Dividend Stocks Now (barrons)
  6. American Express Profit Rises 39% as Affluent Consumers Keep Spending (barrons)
  7. Here’s how stocks performed the last time a president ended a re-election bid — in 1968 (marketwatch)
  8. This bearish strategist says there is a bubble in artificial-intelligence stocks, and it could be about to burst (marketwatch)
  9. Small-cap stocks are perking up. Here’s how to pick winners. (marketwatch)
  10. Citi advises investors to ‘election proof’ their portfolios — here’s how (marketwatch)
  11. Ford to Invest $3 Billion in Canada to Boost F-Series Pickup Production (wsj)
  12. Homeowners Couldn’t Build Pools Fast Enough During Covid. The Tide Might Be Turning. (wsj)
  13. Get Ready to Pay More for Less-Reliable Electricity (wsj)
  14. Amazon Prime Day 2024 breaks record, bumps US online sales to $14.2B (nypost)
  15. Why Is the Oil Industry Booming? (nytimes)
  16. More Gas Cars and Trucks, Fewer E.V.s as Automakers Change Plans (nytimes)
  17. China’s Leaders Offer High Hopes, but Few Details for Road to Recovery (nytimes)
  18. Millionaires Outpriced by Billionaires Flock to Florida’s Fort Lauderdale (bloomberg)
  19. High-tariff push roils Shein, Temu operations in South Africa, EU, other markets (scmp)
  20. BABA Demands Each Biz to Have ‘Sense of Operation’ & Further Clarify Focus of Inputs – Report (aastocks)