Be in the know. 18 key reads for Friday…

  1. China’s fourth-quarter GDP grows at 5.4%, beating market expectations as stimulus measures kick in (cnbc)
  2. China Home Prices Fall at Slower Pace as Stimulus Takes Hold (bloomberg)
  3. EV, hybrid sales reached a record 20% of U.S. vehicle sales in 2024 (cnbc)
  4. How Hershey Stock Could Gain 9% (barrons)
  5. US Retail Sales Broadly Advance, Capping a Solid Holiday Season (bloomberg)
  6. Fed may cut rates sooner and faster than expected if inflation keeps cooling, key official predicts (nypost)
  7. Trump Is Making a Last-Ditch Attempt to Save TikTok. Meta and Snap Stocks Fall. (barrons)
  8. DuPont Stock Is Rising. ‘Deal Limbo’ Might Be Over. (barrons)
  9. Disney Stock Will Take a Hit From L.A. Fires, High Costs, and More. This Analyst Says It’s Still a Buy. (barrons)
  10. Treasury yields end at lowest levels in weeks on rate-cut possibilities (marketwatch)
  11. Where Does L.A.’s Luxury Home Market Go From Here? (wsj)
  12. From Cartier to Target, Investors Find Cheer in Holiday Spending (wsj)
  13. Cartier Owner Richemont’s Sales Beat Buoys Luxury Stocks (wsj)
  14. TSMC Expects Continued AI-Driven Growth After Ending 2024 Strong (wsj)
  15. Economic Toll of Los Angeles Fires Goes Far Beyond Destroyed Homes (nytimes)
  16. E-Commerce Boom to Drive 10% Freight Growth, Qatar Airways Says (bloomberg)
  17. “Chinese President Xi Jinping will skip US President-elect Donald Trump’s inauguration on Monday but will send Vice President Han Zheng instead, the country’s Foreign Ministry said. An announcement Friday from an unnamed ministry spokesperson confirming Han’s participation said China wanted a “stable, healthy and sustainable relationship” with the US and was ready to work with the new American government to “find the right way for the two countries to get along with each other.” (bloomberg)
  18. Commentary: China’s economic resilience makes a case for faith (cn)