Be in the know. 35 key reads for Thursday…

  1. PPI data show wholesale inflation registering sharpest monthly decline in three years (marketwatch)
  2. Fed Stresses Vigilance on Credit as Rate Views Scaled Back (bloomberg)
  3. Alibaba Stock Rises as SoftBank Eyes the Exit. (barrons)
  4. China Exports Unexpectedly Jump in March. (barrons)
  5. Goldman Sachs drops its call for a Fed interest-rate hike in June (businessinsider)
  6. IMF warns hard landing ‘within the realm of possibilities’ for U.S. economy (cnbc)
  7. Fed Keeps May Interest-Rate Increase on Table (wsj)
  8. FOMC minutes (federalreserve)
  9. Warren Buffett’s Japan Bet Is Paying Off Big (wsj)
  10. Alibaba Stock Rebounds After Bearish Softbank News, But Is BABA Stock A Buy Now? (investors)
  11. Bank Earnings Are a Test. An ‘F’ Would Upset Wall Street. (barrons)
  12. Earnings Season Could Offer Upbeat Surprises (barrons)
  13. The ‘Godfather of AI’ Says Doomsayers Are Wrong and ChatGPT Isn’t Remarkable (barrons)
  14. Warren Buffett is willing to bet $1 million that depositors won’t lose money (marketwatch)
  15. New-Car Prices Are Falling. It’s Time to Start Haggling. (barrons)
  16. Amazon Web Services Faces Headwinds, Warns CEO, but AI Set to Be ‘Transformative’ (barrons)
  17. Fed expects banking crisis to cause a recession this year, minutes show (cnbc)
  18. Fed Officials Weighed Pause in Rate Hikes as Banking Turmoil Hit (barrons)
  19. Goldman Sachs says it expects to see further deposit losses at banks (marketwatch)
  20. S. Inflation Eased to 5% in March (wsj)
  21. Here’s why Warren Buffet isn’t panicking about banking industry (nypost)
  22. White House Rejects Fed Staff Outlook, Says No Sign of Recession (bloomberg)
  23. Fed Leans Toward Another Hike, Defying Staff’s Recession Outlook (bloomberg)
  24. Manhattan Rents Reach Record High With Busy Season Yet to Come (bloomberg)
  25. There’s No Such Thing as Low Season in the Caribbean Anymore (bloomberg)
  26. Amazon Joins Generative AI Race, Targets Tech at Cloud Customers (bloomberg)
  27. Credit Investors See Defaults Rising, 84% Chance of US Recession (bloomberg)
  28. Amazon jumps into the generative A.I. race with new cloud service and its own large language models (cnbc)
  29. Amazon CEO says in annual letter he’s confident he can get costs under control (cnbc)
  30. Young people in Greater China are blowing their paychecks every month (cnbc)
  31. Amazon CEO Andy Jassy is betting big on AI – and touts the technology as a ‘big deal’ for shareholders (businessinsider)
  32. Warren Buffett predicts more bank failures, dismisses bitcoin buyers as gamblers, and warns inflation and recession are serious threats in a new interview. Here are the 14 best quotes. (businessinsider)
  33. Jeremy Siegel says he’s ‘shocked’ at what the Fed’s overlooked and sees stocks struggling over the next 6 months (businessinsider)
  34. Bullishness Remains Missing, Which Is A Good Thing (zerohedge)
  35. Fed, We Have A Problem: Wage Growth Is Actually Crashing (zerohedge)