Be in the know. 18 key reads for Wednesday…

  1. Biden-Xi Virtual Summit Set for Next Week, With Date to Come (bloomberg)
  2. China’s Xi says ready to work with U.S. on condition of ‘mutual respect’ (cnbc)
  3. Inflation Was Sharply Higher Than Expected in October (Barron’s)
  4. Why Coinbase’s chief expects the NFT market is more like Instagram than eBay (fnlondon)
  5. More pain likely for hedge funds as leveraged investors unwind wrong-way bond market bets, traders say (marketwatch)
  6. J&J Lauds Oklahoma Ruling That Tosses Out $465 Million Opioid Judgment (barrons)
  7. Evergrande Is Courting Default Again as $148 Million Payment Comes Due (barrons)
  8. Looking For Answers. The Energy Report 11/10/2021 (Phil Flynn)
  9. Business Costs Are Still Surging. Here’s One Reason for Optimism. (barrons)
  10. Inflation Was Supposed to Kill Margins. Why Companies Are Turning Higher Profits Anyway. (barrons)
  11. GE Is Splitting Up. The Pieces Are Worth More Than Wall Street Thinks. (barrons)
  12. AT&T, Verizon, and T-Mobile Make the Case for Their Beleaguered Stocks (barrons)
  13. Rolls-Royce plans to build small nuclear power plants in Britain. (New York Times)
  14. Inflation in U.S. Builds With Biggest Gain in Prices Since 1990 (bloomberg)
  15. Liquidity drought in Treasury market accompanies unexpected rally (Financial Times)
  16. China’s factory gate inflation soars to 26-year high on energy crunch (Financial Times)
  17. Li Ka-Shing Adds Hydrogen Bet to Bolster $31 Billion Fortune (bloomberg)
  18. Clorox CEO Sticking to Bold Post-Pandemic Plan After Stock Rout (bloomberg)