Be in the know. 15 key reads for Friday…

  1. Investors Fleeing to Cash Like It’s 2020, BofA Strategists Say (bloomberg)
  2. ‘Bond King’ Bill Gross warns the Fed against raising interest rates – saying central bank hikes could spark a credit crunch and global depression (businessinsider)
  3. S. economy adds 263,000 jobs in September, but smallest gain in 17 months won’t stop Fed rate hikes (marketwatch)
  4. The Fed’s jumbo rate hikes are spreading cracks through markets – so get ready for a pivot, Guggenheim’s Scott Minerd says (businessinsider)
  5. Elon Musk: ‘Aren’t you entertained?’ (ft)
  6. Forbes World’s Billionaires List: The Richest in 2022 (forbes)
  7. The S&P 500 Still Looks Expensive. The Average Stock Doesn’t. (barrons)
  8. There’s a good bet to be made in this ‘uninvestable’ country, says UBS (marketwatch)
  9. China’s Bold Leader Is Headed for a Third Term. Much Is Still Outside His Control. (barrons)
  10. The Fed Wants to Quash Inflation. But Can It Do It More Gently? (nytimes)
  11. M.F. Will Lower Global Outlook as Recession Risks Rise (nytimes)
  12. Chipmakers See ‘Breathtaking’ Drop in Demand as Recession Looms (bloomberg)
  13. White House Adds New Restrictions on Chip Exports to China (bloomberg)
  14. The China Bubble Is Losing Air But Won’t Burst (bloomberg)
  15. Jeremy Siegel says today’s biggest threat isn’t inflation — it’s recession (cnbc)