Be in the know. 13 key reads for Monday…

  1. JPMorgan, Citi Are Divided on Corporate America’s Profit Outlook (bloomberg)
  2. The Stock Market Has Seen Strong ‘Breadth.’ More Gains Could Be Ahead. (barrons)
  3. “While investors have bought more stocks — the positioning jump at the end of October is among the highest on record — they’re still just above neutral now.” (marketwatch)
  4. Amazon launches program to train millions of workers in AI: report (marketwatch)
  5. Wall Street’s ESG Craze Is Fading. Investors pulled more than $14 billion from sustainable funds this year (wsj)
  6. The Hidden Hero Fueling Soft-Landing Hopes: A Boost in Supply (wsj)
  7. China Wants to Bulldoze Old Neighborhoods to Revive the Economy (nytimes)
  8. Yellen Says US Making ‘Considerable Progress’ Reducing Inflation (bloomberg)
  9. Citigroup Cuts Over 300 Senior Manager Roles in Latest Restructuring (bloomberg)
  10. McDonald’s increases its minority stake in China business (cnbc)
  11. Stocks will likely continue their upward momentum into year-end, says Ryan Detrick (cnbc)
  12. What Rally? Goldman Prime Finds Hedge Funds Shorted Stocks For A Record 15th Consecutive Week (zerohedge)
  13. Why Amazon (AMZN) is well-positioned into 2023 holiday season – JP Morgan (streetinsider)