Be in the know. 30 key reads for Thursday…

  1. Brian Moynihan dismisses Jamie Dimon’s warning on the economy: ‘You’ve got hurricanes that come every year.’ (marketwatch)
  2. JPMorgan’s Kolanovic Sees Sunny Stocks as Jamie Dimon Braces for Storm (bloomberg)
  3. Why a top Wall Street quant sees the S&P 500 stock index taking back all its losses by yearend (marketwatch)
  4. Tiger Global Losses for Year Reach 52% After Drop in May (bloomberg)
  5. OPEC+ Agrees on Bigger Oil-Production Hikes for Coming Months (bloomberg)
  6. Weibo Earnings Negate Investor Pessimism (chinalastnight)
  7. Jack Ma’s Ant Group Revamps Its Board (wsj)
  8. Chip Shortages Might Finally Ease. For Asia, That’s a Mixed Bag. (wsj)
  9. China Electric Car Sales Rose in May as Lockdowns Start to Ebb (bloomberg)
  10. Starbucks, eBay, and 29 Other Stocks for a Rally (barrons)
  11. Amazon Splits Its Stock Next Week. Who’s Next, and Why It Matters (barrons)
  12. Companies Are Borrowing Less. That’s Bad for S&P Global, but Not the Stock Market. (barrons)
  13. Ford Is Adding Jobs and Spending More Money in the Battle to Win the EV Wars (barrons)
  14. Change of Heart. The Energy Report 06/02/2022 (Phil Flynn)
  15. Wall Street has an expiration date for the dollar’s epic rally (marketwatch)
  16. Sheryl Sandberg Stepping Down as COO of Facebook Parent Meta Platforms (wsj)
  17. Documents Reveal Hundreds of Russian Troops Broke Ranks Over Ukraine Orders (wsj)
  18. Shanghai’s Covid Lockdown Ends; Time for Haircuts, Dog Walking and Jogging (wsj)
  19. Missed Payments, Rising Interest Rates Put ‘Buy Now, Pay Later’ to the Test (wsj)
  20. Investors Spot Bargains Among Small-Cap Stocks (wsj)
  21. Federal Reserve’s Portfolio Runoff Has Begun (wsj)
  22. US For-Sale Homes Rise in First Since 2019, Realtor.com Shows (bloomberg)
  23. Jamie Dimon Says JPMorgan Is Bracing Itself for Economic ‘Hurricane’ (bloomberg)
  24. Time is running out for Russia, German economy minister says (reuters)
  25. Saudi Arabia ready to pump more oil if Russian output sinks under ban (ft)
  26. Chinese developers to speed up sales after falling behind on annual sales targets (scmp)
  27. Small-cap growth stocks are the cheapest they’ve been in at least 24 years. Here’s how one manager is playing it. (marketwatch)
  28. ‘We’re clearly near the bottom’: The investing chief for a $120 billion wealth manager breaks down 3 catalysts that could help stocks to rally and break out of the bear market (businessinsider)
  29. Stocks just broke a 7-week losing streak – here are 3 reasons markets could be set for a long-term rally, according to LPL (businessinsider)
  30. The stock market will recover all of its 2022 losses by year-end as the economy avoids recession and Ukraine risks lessen, JPMorgan says (businessinsider)