Be in the know. 27 key reads for Thursday…

  1. Junk Bonds Rally as Investors Speculate Inflation Has Peaked (wsj)
  2. China Loosens Grip on Covid Exactly Three Years After First Ever Case (bloomberg)
  3. Emerging market stocks and bonds stage powerful rebound rally (ft)
  4. Hot U.S. inflation is cooling, key PCE price gauge shows (marketwatch)
  5. U.S. Not Seeking Decoupling From China, Commerce Chief Says (wsj)
  6. Splunk Third-Quarter Results Soundly Beats Estimates (investors)
  7. BoC to keep up pace with 50 basis point December rate hike -economists (reuters)
  8. China EV Sales: Nio, Li Report Record Deliveries After Xpeng Stock Leads Surge As Covid Overhang Starts To Lift (investors)
  9. Investors Will Get 1 Share of Healthcare Spinoff for Every 3 GE Shares They Own (barrons)
  10. The Dollar Had Its Worst Month in 12 Years. What Happens Now. (barrons)
  11. Alibaba, Tencent Rally in Hong Kong on Looser Chinese Covid Controls (barrons)
  12. Treasury yields hold near recent lows after Powell comments (marketwatch)
  13. Jerome Powell Signals Fed Prepared to Slow Rate-Rise Pace in December (wsj)
  14. Chinese Authoritarianism Stumbles on Covid; American Democracy Shakes It Off (wsj)
  15. EU Asks Members to Set Russia Oil-Price Cap at $60 (wsj)
  16. U.S. Households Boosted Spending in October (wsj)
  17. China’s Middle Class May Be Xi Jinping’s Biggest Threat (bloomberg)
  18. Beijing Eases Covid Curbs, Letting Some Patients Isolate at Home (bloomberg)
  19. Almost Every Single Major Asset Class Saw a November Reversal (bloomberg)
  20. Brothers Who Made Billions on US Pharma Firm Revamp Health Bets (bloomberg)
  21. Tesla’s chief designer on the Cybertruck and working with Elon Musk (cnbc)
  22. ‘This is Xi’s first real test’: With a stumbling economy and angry citizens, Chinese President Xi Jinping is facing the biggest crisis of his time in power (businessinsider)
  23. Here are 10 reasons why the US won’t be hit with a recession in 2023, according to Goldman Sachs (businessinsider)
  24. PVH shares surge 8% on better than expected Q3 results & guidance (streetinsider)
  25. China set to loosen COVID curbs after week of historic protests (reuters)
  26. China’s Covid tsar says fight against virus entering ‘new stage’ (ft)
  27. Hong Kong ‘must spend more on digital economy’ to catch Singapore, India (scmp)