Be in the know. 20 key reads for Tuesday…

  1. US Auto Sales Expected to Defy Inflation Woes (bloomberg)
  2. Alibaba’s bet on ‘new retail’ pays off as Hema grocery brand breaks even (scmp)
  3. China’s Foreign Minister Says ‘Deeply Impressed’ With Americans (bloomberg)
  4. Chinese Stocks in Hong Kong Post Best Start to a Year Since 2018 (bloomberg)
  5. China’s Finance Minister Reiterates Plan for Fiscal Expansion (bloomberg)
  6. Shift to EVs Triggers Biggest Auto-Factory Building Boom in Decades (wsj)
  7. iPhone City Is Back at 90% Capacity After Covid Turmoil Subsides (bloomberg)
  8. Global Trade Is Shifting, Not Reversing (wsj)
  9. Japan’s Banks Get a Shot in the Arm (wsj)
  10. Chinese Factories, Restaurants Adjust to Life Without Zero-Covid (wsj)
  11. Lagging Arms Production Makes Pentagon Wary of Further Industry Consolidation (wsj)
  12. Southwest Airlines’ Flight Chaos Is Easing. Stock Is Up. (barrons)
  13. Six Flags Activist Wants a Real Estate Deal (barrons)
  14. Like Closed-End Muni Funds? Early January Could Be a Great Time for Buying. (barrons)
  15. Micron, Take-Two, and Warner Had Terrible Years. Is Time to Buy Their Stocks? (barrons)
  16. These four chip stocks could double from here, according to Rosenblatt (marketwatch)
  17. Chinese EV Stocks Rise on Delivery Data. It’s a Different Story for Tesla. (barrons)
  18. US Stock Laggards of 2022 Set to Jump in First New Year Session (bloomberg)
  19. Here’s (Almost) Everything Wall Street Expects in 2023 (bloomberg)
  20. US stocks will rebound 24% in 2023 as Fed tightening will no longer ‘crush the market’, Fundstrat’s Tom Lee says (businessinsider)