Be in the know. 15 key reads for Saturday…

  1. The Wedding Boom Is Hiding a Troubling Trend for the Economy (barrons)
  2. Turning Point Stock Doubles After Bristol Myers Announces Takeover. What It Means for Biotech M&A. (barrons)
  3. Carrier Stock Looks Like a Cool Play for Investors (barrons)
  4. Best Buy Founder Richard Schulze Bought a Big Block of Stock (barrons)
  5. Employers Added 390,000 Jobs in May; Unemployment Steady at 3.6% (wsj)
  6. Housing Boom Fails to Lift All Homes to Previous Peak (wsj)
  7. Investors return to Chinese stocks after sell-off triggered by Covid and geopolitics (ft)
  8. Buy ‘Dull’ Cash-Flowing Stocks, Causeway’s Ketterer Says (bloomberg)
  9. Wall Street is panicking about a recession. But consumer spending and cooling inflation means it’s not going to happen, a US strategist argues. (businessinsider)
  10. Investors should buy mega-cap tech stocks as Nasdaq valuations plunge to depths not seen since the end of the dot-com bubble, Fundstrat says (businessinsider)
  11. This market strategist with a spot-on record sees stocks surging 15% to 25% from their May low (marketwatch)
  12. The 10 Best Companies to Invest in Now (morningstar)
  13. 4 Undervalued High-Dividend Stocks (morningstar)
  14. Mark Zuckerberg Is Blowing Up Instagram to Try and Catch TikTok (bloomberg)
  15. Lockstep Stock Market Is Forcing Everyone to Be a Macro Trader (bloomberg)