- BofA’s Hartnett Says Flurry of Rate Cut Bets Drive Broad Rally (bloomberg)
- BABA Cuts Stake in XPENG to 7.5% to Cash in USD391M (aastocks)
- The market is second-guessing its dovish reaction to Powell. This analyst says the Fed could slash rates by as much as 4 percen–tage points. (marketwatch)
- There are rarely this many stocks ‘overbought’ — but usually it’s a good sign (marketwatch)
- Goldman Sachs has already lifted its S&P 500 target for 2024 (marketwatch)
- Buy Amazon.com Stock for its Booming Cash Flow (barrons)
- Hedge Fund Titan Boaz Weinstein Gears Up For a $240 Billion Crusade (bloomberg)
- VFC: The company said while its retail stores are open globally and consumers can place orders on most of its brand e-commerce cites, its “ability to fulfill orders is currently impacted.” (barrons)
- Chicago Fed President Austan Goolsbee: We’ve seen significant improvement on the inflation front (cnbc)
- UK domestic shares, predicting them to benefit from lower interest rates. Given “screamingly cheap” share valuations, “this area of the market looks poised to perform very well over the next 3-5 years,” Bennison added. (bloomberg)
- China’s economic conditions to improve in 2024 – officials (reuters)
- It’s the Magnificent Seven’s Market. The Other Stocks Are Just Living in It. (wsj)
- Small Talk, Big Revelations (wsj)
