Be in the know. 27 key reads for Monday…

  1. The Band is Back Together. Jack Ma’s proxies (who built the company with him) are fully back in charge: “Alibaba’s Daniel Zhang Exits Chinese Internet Giant Entirely” (investors)
  2. An Important Shift in Fed Officials’ Rate Stance Is Under Way (wsj)
  3. China Gen Z Tries to Leisure-Shop Way Out of Jobless Blues (bloomberg)
  4. China Shows Signs of Stability as Credit, Inflation Improve (bloomberg)
  5. World Trade Center rebuild revitalized lower Manhattan and brought healing (foxbusiness)
  6. China bolsters market sentiment by simplifying stock investments for insurers (global)
  7. China’s easing of property market curbs gives Beijing home sales a boost (reuters)
  8. China Credit Climbs More Than Forecast as Banks Boost Loans (bloomberg)
  9. Hedge funds say greenback rally may not be over (investmentnews)
  10. Dollar tumbles against yen after BOJ head hints that negative interest rates could end (marketwatch)
  11. 6 Inexpensive Consumer Stocks With Strong Profit Growth (barrons)
  12. Earnings Estimates Are Rising, a Welcome Sign for 2023 Market Rally (wsj)
  13. China’s Premier Urges Biden to See His Nation as an Opportunity (bloomberg)
  14. Hedge Funds Turn Most Bearish on Euro Since January Ahead of ECB (bloomberg)
  15. Money-center bank Citigroup is Berkshire’s highest-yielding holding on a nominal basis (5.1%). (fool)
  16. EU downgrades growth forecast and raises inflation expectations (ft)
  17. Lunch with the FT. ‘He is driven by demons’: biographer Walter Isaacson on Elon Musk (ft)
  18. China issues strong warning against bets on renminbi depreciation (ft)
  19. Exclusive: China’s central bank to scrutinise bulk dollar purchases – sources (reuters)
  20. The Race to Drill America’s Longest Oil and Gas Wells (wsj)
  21. ‘Elon Musk’ Takeaways: Book Paints Complicated Picture of the World’s Richest Man (wsj)
  22. Yellen ‘Feeling Very Good’ About Soft Landing for US Economy (bloomberg)
  23. Just a 10-Day UAW Strike Risks Costing US Economy $5.6 Billion (bloomberg)
  24. Biden Doubts China Able to Invade Taiwan Amid Economic Woes (bloomberg)
  25. China’s Consumer Prices Creep Out of Deflation in August (bloomberg)
  26. Fears about China’s government ban on iPhones are ‘way overdone,’ as the crackdown could impact only 1% of the smartphone’s sales in China: analyst (businessinsider)
  27. Morgan Stanley says it’s a lonely bull, recommending government bonds (marketwatch)