Be in the know. 20 key reads for Saturday…

  1. Are Slip-On Vans The Sambas Of Summer 2024? “Since being spotted on the likes of Emily Ratajkowski, Sofia Richie, the Olsens and Renggli designer Morgan Stewart McGraw recently, interest in the shoes has spiked. Google searches for the classic checkerboard styles have increased by 5,000% in the past 90 days, while over on TikTok, videos about the trend have surpassed 41.6 million.” (elle)
  2. Cooling Jobs Data Put September Rate Cut ‘Solidly in Play’ (barrons)
  3. US unemployment rises up to 4.1%, 206K jobs added as analysts urge fed to cut rates (nypost)
  4. China’s Central Bank Borrows ‘Hundreds of Billions’ of Yuan in Government Bonds (wsj)
  5. AI has all the answers. Even the wrong ones (ft)
  6. Smaller US companies are starved of investor attention (ft)
  7. Boom in active bond ETFs could put total inflows on track for $1tn year (ft)
  8. Chinese, Indian Stocks Favored Over Japan in Asia’s Second Half (bloomberg)
  9. Nvidia Gets Rare Downgrade on Valuation Concerns After Rally (bloomberg)
  10. Waymo’s Robotaxi Rollout is a Landmark Moment for Driverless Cars (bloomberg)
  11. China Is Finally Starting to Do Something About the U.S. Fentanyl Crisis (wsj)
  12. Big Banks Are Taking Hits From Commercial Real Estate (wsj)
  13. Opinion: What Nvidia investors can learn from the roaring 1920s and the radio bubble (marketwatch)
  14. A Weak Yen Will Persist Until the Fed Cuts Rates (barrons)
  15. Ford Is Making a Comeback. It’s Time to Buy the Stock. (barrons)
  16. 2-year Treasury yield ends at lowest since March on signs of deteriorating labor market (marketwatch)
  17. 33 Undervalued Stocks (morningstar)
  18. Why These Custom Land Rover Defenders Are The Ultimate British SUVs (maxim)
  19. The 1,600-HP Koenigsegg Jesko Absolut Hypercar Just Crushed Four World Speed Records (maxim)
  20. Why the S&P 500 is poised to rocket 100% in 5 years (yahoo)