Be in the know. 20 key reads for Wednesday…

  1. Chinese yuan hits strongest level against dollar in over 16 months as investors assess PBOC stimulus (cnbc)
  2. China to Give Cash Handouts for the Poor in Rare Use of Aid (bloomberg)
  3. Nvidia CEO Jensen Huang Sold $713 Million of Stock. (barrons)
  4. China’s Stock Market Awakens From a Long Slumber. It’s Not Too Late to Ride It Higher. (barrons)
  5. Berkshire Hathaway Sold More BofA Stock. It Now Owns 10.5%. (barrons)
  6. Stock-market indicator with a near-perfect track record is flashing a ‘buy’ signal (marketwatch)
  7. Real Estate Stocks Have Come Too Far, Too Fast. What to Do With Them Now. (barrons)
  8. A wave of retail investor cash may hit the stock market when interest rates reach this level (marketwatch)
  9. Chinese stocks extend gains after Beijing’s stimulus bazooka (marketwatch)
  10. Location, Location, Golf Simulator. A Developer Cracks the Office Market Code. (wsj)
  11. China Boost Sends EM Stocks to Longest Winning Streak Since July (bloomberg)
  12. China central bank cuts medium-term loan rate (reuters)
  13. Still ‘plenty of upside’ in China trade: BTIG (streetinsider)
  14. Fed’s Bostic says economy returning to normal, policy should also ‘normalize’ (streetinsider)
  15. What China’s biggest stimulus since the pandemic means for US investors: Morning Brief (yahoo)
  16. Investors welcome ‘unprecedented’ central bank loans to try to boost markets but analysts say fiscal stimulus is needed (ft)
  17. China’s US$114 billion stock market rescue plan sparks hope for rally (scmp)
  18. Monetary Policy Bazooka Unleashed (chinalastnight)
  19. US Mortgage Rates Fall Again, Triggering Big Wave of Refinancing (bloomberg)
  20. China Cuts One-Year Policy Rate by Most Ever in Stimulus Drive (bloomberg)