Be in the know. 17 key reads for Tuesday…

  1. Two Fed officials began laying out a case for exercising caution in raising rates after policy makers last month telegraphed plans to continue lifting them at the fastest pace in decades. (wsj)
  2. Nobel laureate Paul Krugman predicts a housing-market slump and an exports decline – and suggests the Fed has already done enough to conquer inflation (businessinsider)
  3. Morningstar: Stocks have rarely been this cheap, and these 33 undervalued names are the top picks heading into the fourth quarter of 2022 (businessinsider)
  4. Ant Group’s Alipay+ payment service expands in Japan via Universal Studios (scmp)
  5. IMF Again Lowers Call on World GDP Growth (barrons)
  6. Meta’s Metaverse Push Is Racking Up Big Losses. Today, Zuckerberg Makes His Case. (barrons)
  7. Dice’s stock jumps 88%; the company plans to submit its psoriasis treatment candidate to the FDA next year (marketwatch)
  8. Covid Zero reiteration adds stress on stocks, junk dollar debt (bloomberg)
  9. China rushes to control new Covid cases across the country (cnbc)
  10. Alibaba Cloud opens a new Hangzhou campus the size of Google’s Silicon Valley headquarters (scmp)
  11. Boeing (BA) Shares Rise On News a 737 MAX Flight Lands in China (streetinsider)
  12. Bank of England Offers More Support for Pension Funds Amid Crisis (wsj)
  13. BoE widens bond purchases as it warns of financial stability risk (ft)
  14. UK companies face bigger cash calls from pension funds after LDI crunch (ft)
  15. OPEC Outrage. The Energy Report 10/11/2022 (Phil Flynn)
  16. These stock-market sectors tend to do best before the Fed delivers a final rate hike, says RBC (marketwatch)
  17. China’s Covid-19 Lockdowns Deal Another Blow to Consumer Spending (wsj)