Be in the know. 12 key reads for Friday…

  1. Fed’s Bullard on his rate cut dissent: US manufacturing appears to be ‘in recession’ (CNBC)
  2. Larry Ellison on Uber, Tesla, AI, and More (Barron’s)
  3. AbbVie Stock Is Falling Because Investors Hate the Allergan Deal. The Vice Chairman Bought Up Shares. (Barron’s)
  4. China cuts new loan rate for second month but struggling economy likely needs more (Reuters)
  5. Activist investor Peltz says GE CEO Culp is doing a good job (Yahoo! Finance)
  6. U.S. bankers seize on repo-market stress to push for softer liquidity rules (Reuters)
  7. Light Street’s Glen Kacher: ‘Multiples Should be Higher’ (Institutional Investor)
  8. Jim Grant, “Nobody’s going to be right all the time. Our job was to make people stop and think.”  (Institutional Investor)
  9. Netflix chief says ‘The Crown’ will look a bargain after streaming explosion (Reuters)
  10. Hold That Recession: U.S. Indicators Are Trouncing Forecasts (Bloomberg)
  11. Fed Will Weigh Resuming Balance Sheet Growth at October Meeting (Wall Street Journal)
  12. Tesla’s Model 3 earns insurance industry’s top safety rating (New York Post)