Be in the know. 24 key reads for Tuesday…

  1. China vows to ‘restore and expand’ consumption to boost growth (cnbc)
  2. Kerry upholds U.S.-China ‘stability’ in symbolic Beijing visit (cnbc)
  3. This Yield Curve Inversion Is ‘Different,’ Goldman Sachs Says (yahoo)
  4. Cava—‘the Next Chipotle’—Faces a Tall Order (wsj)
  5. Bonds Rally as Rate-Hike Reprieve Comes Into View: Markets Wrap (bloomberg)
  6. Citigroup trading at a discount to book value, analyst says in upgrade (marketwatch)
  7. Bank of America stock rises after second-quarter earnings and revenue beat expectations (marketwatch)
  8. Henry Kissinger meets with China’s defense minister in Beijing (cnbc)
  9. Yellen Sees Disinflation Pressures at Work as Hiring Surge Fades (bloomberg)
  10. Bank of America tops analysts’ expectations amid higher interest rates (cnbc)
  11. Kerry in China and Ammonia’s Potential (bloomberg)
  12. China: Within retail sales, restaurants (technically called catering) increased +21.4% YoY while online retail sales increased +13.1%, with the online retail sales of physical goods increasing 10.8% YoY, accounting for 26.6% of the total retail sales of consumer goods. (chinalastnight)
  13. American chip companies need access to China: Semiconductor trade group (scmp)
  14. Lead Cables Will Be a Dead Weight for Telecom Carriers (wsj)
  15. A weakening US dollar will help power the stock market higher in the 2nd half of the year, Fundstrat says (businessinsider)
  16. Lockheed Martin Beats Earnings Estimates. The Stock Is Rising. (barrons)
  17. Ford Cuts Price of F-150 Lightning Electric Truck by Up to $10,000 (wsj)
  18. Euro Set for Longest Rally in Almost Two Decades as Dollar Sinks (bloomberg)
  19. US, China Seek Detente on Climate as Extreme Heat Bakes World (bloomberg)
  20. Josh Wolfe on Where Investors Will Make Money in AI (bloomberg)
  21. BofA Survey Shows Rising Soft Landing Bets, Rush to Big Tech (bloomberg)
  22. US Plans Narrow China Tech Investment Limits, Likely by 2024 (bloomberg)
  23. China’s risk of deflation is ‘serious’ — one economist says it’s ‘time to act’ (cnbc)
  24. Goldman Sachs cuts odds of a U.S. recession in the next year (cnbc)