Be in the know. 20 key reads for Wednesday…

  1. Michael Burry and David Tepper snapped up Alibaba during the fourth quarter (marketwatch)
  2. Remote Work Is Costing Manhattan More Than $12 Billion a Year (bloomberg)
  3. China’s Xi Urged Stronger Measures to Boost Domestic Demand (bloomberg)
  4. The Most Crowded Trade Is ‘Long China Stocks,’ Says Bank of America Global Fund Manager Survey (wsj)
  5. Analog Devices Crushes Quarterly Targets On Strong Auto, Industrial Chip Sales (investors)
  6. US Retail Sales Jump by Most in Nearly Two Years in Broad Gain (bloomberg)
  7. ‘Big Short’ Investor Michael Burry Bets on Alibaba and JD. This Time, Wall Street Agrees. (barrons)
  8. Warren Buffett’s Preferred Equity Allocation Is 100%. Why the Berkshire CEO Hates Bonds. (barrons)
  9. Power Player Generac Beats Earnings Estimates. The Stock Is Up. (barrons)
  10. Bain Capital Seeks to Profit From Tech Market Reset With New $2.4 Billion Fund (wsj)
  11. The Recession Special That Always Satisfies (wsj)
  12. European Union to Ban Gas-Powered Cars by 2035 (nytimes)
  13. Ray Dalio Says China’s Winning Trade War With US, But a Clash Is Avoidable (bloomberg)
  14. New Cars Are Only for the Rich Now as Automakers Rake In Profits (bloomberg)
  15. China Investors counting on policies from Congress to recharge rally (bloomberg)
  16. Investors aren’t convinced that the stock market rally can last, Bank of America survey shows (businessinsider)
  17. Tepper’s Appaloosa adds Disney, Caesars stakes while boosting Salesforce position (marketwatch)
  18. This Is What Hedge Funds Bought And Sold In Q4: 13F Summary (zerohedge)
  19. Elon Musk declares cancel culture over since Twitter takeover: ‘You won’t be missed’ (foxbusiness)
  20. Brookfield Defaults on Two Los Angeles Office Towers (bloomberg)