Be in the know. 21 key reads for Tuesday…

  1. Inflation Cools to 3.2%, Likely Ending Fed Rate Hikes (wsj)
  2. China Mulls $137 Billion of New Funds to Aid Housing Market (bloomberg)
  3. Investors least bearish since February 2022 – BofA (reuters)
  4. Your loan rates may plunge if UBS’s Fed forecast is correct (thestreet)
  5. Consumer Price Index Summary (bls)
  6. Neither U.S. nor China wants the relationship to deteriorate further: Fmr. Commerce Sec. Gary Locke (cnbc)
  7. Buy Hated Bank Stocks (barrons)
  8. Biden, Xi to Announce China’s Crackdown on Fentanyl Trade (bloomberg)
  9. Inflation Heads Lower as Gasoline Prices Drop (barrons)
  10. Big Banks Say Interest-Rate Cuts Are Coming. What It Means for Stocks. (barrons)
  11. Chrysler Parent Stellantis Prepares to Offer Buyouts to U.S. Salaried Workers (wsj)
  12. Strategists at BofA Global Research found Pfizer and Merck accounted for half of the reduction in fourth-quarter earnings estimates between Oct. 1 and early November. (wsj)
  13. Treasury Yields Slide as Soft CPI Boosts View Fed Is Done Hiking Rates (bloomberg)
  14. A 1962 Ferrari GTO Race Car Auctions for Record $51.7 Million (bloomberg)
  15. Kraft Heinz and J.M. Smucker upgraded as analysts say Ozempic fears are overdone (marketwatch)
  16. CPI Unexpectedly Misses Across The Board, Core Inflation Lowest In Over 2 Years (zerohedge)
  17. Last week marked the largest weekly buyback in BofA’s data history (streetinsider)
  18. ‘There’s disinflation in the US economy, and we’re heading back to 2%’ – JPMorgan’s Kelly (streetinsider)
  19. Dollar weakens after data shows U.S. inflation moderating (streetinsider)
  20. Xi and Biden to try to ease tensions as Taiwan looms over US-China talks (ft)
  21. PBOC Said to Provide RMB1T+ Financing to Support Home Mkt; HSI Futures in Night Session (aastocks)