Be in the know. 15 key reads for Friday.

  1. China’s factory, services surveys suggest economy struggling to rebound (reuters)
  2. Putin Formally Annexes Ukrainian Regions (barrons)
  3. Nike Has Too Many Shoes to Sell and Other Reasons Earnings Disappointed (barrons)
  4. The SPAC Bubble Has Burst. 6 Stocks That Still Have Potential. (barrons)
  5. U.S. consumers remain pessimistic about economy even as inflation fears wane (marketwatch)
  6. Global bonds undergo worst selloff since the 90s: JPM (marketwatch)
  7. Mortgage Rates Rise to 6.7%, Highest Since 2007 (wsj)
  8. Speed of sound Supersonic jet would fly from NYC to London in just 80 minutes (nypost)
  9. China’s ‘Absurd’ Covid Propaganda Stirs Rebellion (nytimes)
  10. China Tells Banks to Provide $85 Billion in Property Funding (bloomberg)
  11. China told US banks like Goldman Sachs and JPMorgan to avoid publishing politically sensitive research ahead of a key Communist Party summit, report says (businessinsider)
  12. China just boosted bank liquidity by 843%, adding further pressure on the yuan as the currency suffers its weakest year in almost 3 decades (businessinsider)
  13. Market bull Ed Yardeni rings the alarm on further Fed rate hikes, warning they could tank asset prices and drag the US economy into a deep recession (businessinsider)
  14. China Offers Rare Tax Rebate to Spur Home Purchase in Crisis (bloomberg)
  15. Stocks Rise as Brainard’s Speech Reassures Traders (bloomberg)