Be in the know. 18 key reads for Wednesday…

  1. The Market Trusts Powell to Keep the Punch Bowl in Place (Barron’s)
  2. Fundstrat’s Thomas Lee Sees Treasury Yields Rebounding. This Sector Will Benefit the Most. (Barron’s)
  3. Buy Airbnb Shares to Play a Post-Pandemic Pickup in European Travel (Barron’s)
  4. Child Tax Credits Arrive This Week. These 16 Stocks and ETFs Could Benefit. (Barron’s)
  5. Inflation Accelerates Again in June as Economic Recovery Continues (Wall Street Journal)
  6. Humanoid Robot Keeps Getting Fired From His Jobs (Wall Street Journal)
  7. China Clears Tencent-Sogou Deal (Wall Street Journal)
  8. Inflation Hits Some Prices More Than Others (Wall Street Journal)
  9. S. Senate Democrats agree to $3.5 trln for budget reconciliation bill (Reuters)
  10. Citigroup profit beats estimates on reserve release (Reuters)
  11. Wells Fargo profit tops expectations with boost from release of money set aside for loan losses (CNBC)
  12. JPMorgan CEO Jamie Dimon: Coronavirus in ‘rear-view mirror’ for consumers (FoxBusiness)
  13. Taper tensions: Jay Powell under pressure as US inflation surges (Financial Times)
  14. Fed’s Powell says economy ‘a ways off’ from bond taper, inflation to ease (Reuters)
  15. Record Natural Gas Prices Give Power Markets a Jolt (Wall Street Journal)
  16. Weekly mortgage refinances spike 20% after interest rates drop to February low (CNBC)
  17. China Traders to Scrutinize Maturing Mega Loan for Policy Clues (Bloomberg)
  18. UAE Denies Reports That OPEC+ Deal Has Been Reached, Oil Slides (ZeroHedge)