Category: What I’m Reading Today

Be in the know. 20 key reads for Tuesday…

  1. Will stocks rally or fade after the Fed cuts rates? Here’s what history tells us. (marketwatch)
  2. There Are Opportunities in Beaten-Down Office Buildings. Where to Find Them. (barrons)
  3. Boeing Says a Travel Boom in China Will Double Demand for Planes (barrons)
  4. Fed Cut Could Lift Chinese Stocks. Here’s Who Could Benefit. (barrons)
  5. China’s PDD (Temu) suffers $55 bln market cap wipeout (reuters)
  6. Nvidia Earnings Arrive Tomorrow. What the Stock Needs to See. (barrons)
  7. Ford Says Its Pulling Back on EVs. That’s Not the Whole Story. (barrons)
  8. The Stock Market Rally Can Expand Beyond Big Tech. This Earnings Season Shows Why. (barrons)
  9. 6 Stocks That Look Like Buys for a Soft Landing (barrons)
  10. ‘FOMO’ returns to the options market as traders chase stocks higher (marketwatch)
  11. Pound hits more than two-year high, dollar back under pressure (streetinsider)
  12. Watch out for weaker seasonality in September, BofA says (streetinsider)
  13. Elliott Investment Critiques Southwest Leadership, Overdue Changes (wsj)
  14. Eli Lilly to sell half-price version of Zepbound weight loss drug (ft)
  15. China’s export curbs on semiconductor materials stoke chip output fears (ft)
  16. Temu’s global expansion now looks fraught with difficulty (ft)
  17. Investors’ expectations for European inflation fall to lowest since 2022 (ft)
  18. ‘T-Bill and Chill’ Is a Hard Habit for Investors to Break (bloomberg)
  19. JD.com Unveils $5 Billion Share Buyback as China Concerns Grow (bloomberg)
  20. The starter home is making a comeback as the housing market thaws for first-time buyers (businessinsider)

Be in the know. 14 key reads for Monday…

  1. Temu parent PDD’s stock tumbles after a revenue miss as competition intensified (marketwatch)
  2. Alibaba Shareholders Approve Dual Primary Listing, Paving The Way For September Southbound Inclusion (chinalastnight)
  3. The inside story of the secret backchannel between the US and China (ft)
  4. How Banks Offload Risk From Their Balance Sheets (bloomberg)
  5. Mortgage rate relief is coming (scottgrannis)
  6. To Google or Not to Google? (ps)
  7. Frank Lloyd Wright’s Only Skyscraper Is Heading to Auction (smithsonian)
  8. “Black Myth: Wukong” Sparks Video Gaming Surge and Tourism Bookings in China (alizila)
  9. Milton Friedman’s Shower Scene Is Back (bloomberg)
  10. Why dividend stocks should be a hot play into fall (cnbc)
  11. Hilton aims to add 100 new China hotels a year (scmp)
  12. Nvidia Earnings Are Coming. Big Tech Needs Them to Be Good. (barrons)
  13. China’s AI Engineers Are Secretly Accessing Banned Nvidia Chips (wsj)
  14. Intel hiring Morgan Stanley, other advisors for activist defense (cnbc)

Be in the know. 15 key reads for Sunday…

  1. The Big Number: 818,000 (nytimes)
  2. Ban on Doctor-Owned Hospitals Has Backfired: Opinion (bloomberg)
  3. US Natural Gas Is America’s Clean Energy Standard (zerohedge)
  4. The End of Fabulous Money Market Rates Is Near (nytimes)
  5. Hedge funds are consciously uncoupling from the Mag7 (ft)
  6. Inflation Usually Hits Harder for Poor Families. For a Couple of Years, It Didn’t. (wsj)
  7. Lululemon ‘Dupes’ Are Just as Cool With the TikTok Crowd (wsj)
  8. Legendary Investor Bill Miller (forbes)
  9. Investors rush to money market funds before Fed rate cut, BofA says (reuters)
  10. PayPal partners with crypto platform Anchorage Digital to offer stablecoin rewards (fortune)
  11. Here’s What the Old Farmer’s Almanac Says to Expect for Winter 2025 (mensjournal)
  12. Nelly Korda Proves She Is Not Simply a “Dome Golfer” (mensjournal)
  13. Hennessey Performance Unveils ‘Stealth Series’ Carbon Fiber Hypercar (maxim)
  14. Junk Bond Maturity Wall Erodes as Money Managers Seek Yield (bloomberg)
  15. Key Takeaways From the Fed’s Annual Jackson Hole Conference (bloomberg)

Be in the know. 14 key reads for Saturday…

  1. Fed’s Powell Declares ‘Time Has Come’ for Rate Cuts (wsj)
  2. Why Disney+ Has Succeeded While Other Netflix Rivals Struggle (vulture)
  3. Powell: It’s Time for a Rate Cut. Inflation, Jobs Are in Good Shape. (barrons)
  4. 10 Best Dividend Aristocrats to Buy Now (morningstar)
  5. Nvidia Earnings Are Coming. Big Tech Needs Them to Be Good. (barrons)
  6. Temu has thrived in the U.S. but is now finding it more difficult to continue that success in a country where shoppers are more accustomed to higher-quality goods. (barrons)
  7. Google Is Vulnerable in AI Race. This Could Help Change That. (barrons)
  8. Buy Roku Stock. ‘Enthusiasm’ for Its Story Could Grow. (barrons)
  9. At Jackson Hole, Powell Hopes the Fed Hasn’t Waited Too Long to Cut Rates (barrons)
  10. How Costco Hacked the American Shopping Psyche (nytimes)
  11. Long Win Streaks Happen in Bull Markets (carsongroup)
  12. Bank of Japan governor warns global markets are ‘unstable’ (ft)
  13. The 17 Top New York City Restaurant Tables to Book This Fall (bloomberg)
  14. Intel has hired Morgan Stanley, other advisers for activist defense (cnbc)

Be in the know. 14 key reads for Friday…

    1. Shareholders of Chinese e-commerce giant Alibaba have approved a plan to upgrade its Hong Kong listing to primary status, the company said on Friday, a move that is expected to attract huge investments from mainland China. (reuters)
    2. Alibaba gains as it swaps Hong Kong listing status to tap China funds (scmp)
    3. Alibaba swaps its listing status in Hong Kong, clears the way for mainland investments. The move would qualify the technology behemoth to sell shares to mainland China’s 220 million stock investors (scmp)
    4. China Vows to Quicken Buying Unsold Homes for Public Housing (bloomberg)
    5. China Bond Trading Collapses Amid PBOC Crackdown on Record Rally (bloomberg)
    6. ‘It’s Just Atrocious’: Jobs Data Snafu Stirs Fury on Wall Street (bloomberg)
    7. Here’s everything to expect from Fed Chair Powell’s speech Friday in Jackson Hole (cnbc)
    8. Yen Climbs as Ueda Indicates That Rates Can Go Higher in Japan (bloomberg)
    9. US 30-year fixed-rate mortgage slips to lowest level since May 2023 (reuters)
    10. Auto Industry’s EV Retreat Hastens (wsj)
    11. Advance Auto Parts to Sell Worldpac to Carlyle for $1.5 Billion (wsj)
    12. Jackson Hole History Points to Powell Sidestepping Market Shocks (bloomberg)
    13. Estee Lauder has ‘lots of positives ahead’ – Piper Sandler (streetinsider)
    14. Investors’ expectations for European inflation fall to lowest since 2022 (ft)

Be in the know. 16 key reads for Thursday…

  1. Alibaba, Tencent Cast Wide Net for AI Upstarts (wsj)
  2. Fed policymakers see job market key to rate-cut decision (reuters)
  3. July home sales break a four-month losing streak as supply rises nearly 20% over last year (cnbc)
  4. Disney puts Morgan Stanley’s James Gorman in charge of finding Bob Iger’s successor (nypost)
  5. S. Added 818,000 Fewer Jobs Than Reported Earlier (nytimes)
  6. Fed Minutes Show a Cut ‘Likely’ to Come in September (nytimes)
  7. Summer spending boom showcases China’s service consumption potential (cn)
  8. The Fed is taking on risk they don’t have to take, says Wharton’s Jeremy Siegel (cnbc)
  9. The key to a soft landing is the Fed getting off data dependence, says Fundstrat’s Tom Lee (cnbc)
  10. com: No. of Overseas Payment Buyers Mount 30%+ YoY in 1H (aastocks)
  11. China names healthcare, education, tech as likely venues for more foreign investment (scmp)
  12. Major retail stores are cutting prices to entice customers as inflation soars (foxbusiness)
  13. Why China Is Battling Its Own Government Bond Market (barrons)
  14. Advance Auto Stock Skids. Earnings Miss Overshadows $1.5 Billion Sale of Worldpac. (barrons)
  15. Discount-Hungry Shoppers Propel Sales Gains for Target, T.J. Maxx (wsj)
  16. McDonald’s to Invest $1.30 Billion in U.K., Ireland Over Next 4 Years (wsj)

Be in the know. 10 key reads for Wednesday…

  1. Bottom-Fishers Snap Up Office Buildings at Huge Discounts (barrons)
  2. Wall Street Strategists Bet on Record Highs for European Stocks (bloomberg)
  3. Fed Minutes to Shed Light on Rate-Cut Debate (barrons)
  4. Retailers have pulled back on raising prices. More are now lowering them (marketwatch)
  5. Opinion: Chinese e-commerce giants want your business — and U.S. retailers are losing it (marketwatch)
  6. ‘The first cut is the deepest’ may hold true for Fed interest-rate cuts, too (marketwatch)
  7. Ford to overhaul EV strategy with more and cheaper options in its latest push for profit (marketwatch)
  8. Investors Brace for a Jobs Wipeout (nytimes)
  9. The Story of Walmart & JD.com (chinalastnight)
  10. If Fed starts cutting, money on the sidelines could funnel into small caps, says Fundstrat’s Tom Lee (cnbc)

Be in the know. 15 key reads for Tuesday…

  1. Small cars are selling faster than SUVs and trucks. Here’s what’s driving more buyers to settle for less. (marketwatch)
  2. Jennifer Lawrence and Gigi Hadid Are Kick-Starting a Vans Sneaker Trend (marieclaire)
  3. Copy Gigi Hadid’s Rock ‘n’ Roll Style With the Exact Vans She Wears (usmagazine)
  4. Are Slip-On Vans The Sambas Of Summer 2024? (elle)
  5. We’re Calling It: Checkered Vans Are the 2024 It Shoe (fashionmagazine)
  6. Why the upcoming payroll revisions could tilt Powell’s Jackson Hole message on Friday (marketwatch)
  7. Chinese Regulator Asks Banks to Survey Impact of Stronger Yuan (bloomberg)
  8. Fed’s Jackson Hole meeting: A plan to cut interest rates gradually is emerging (marketwatch)
  9. Defensive stocks have outperformed lately — but it’s no reason to panic (marketwatch)
  10. Mega-cap tech stocks still make up core of hedge funds’ top positions, analysis shows (marketwatch)
  11. Citi Says Hedge Funds Are Using Dollars for New Carry Trades (bloomberg)
  12. China Says ‘Please Stop Buying Our Bonds’ (wsj)
  13. Chinese Banks Hold Lending Rates After PBOC Signals Caution (bloomberg)
  14. China May Let Local Governments Sell Bonds to Buy Homes (bloomberg)
  15. Dollar hits year’s low as traders prepare for rate cuts (ft)

Be in the know. 13 key reads for Monday…

  1. New-Vehicle Sales Incentives Climb Higher in July, According to Kelley Blue Book Estimates (coxautoinc)
  2. Alibaba’s long-awaited China stock link may provide timely boost (scmp)
  3. U.S. Recession Odds Cut by Goldman. This Is Why. (barrons)
  4. Goldman Sachs Strategists Say US Sales Forecasts for 2025 Are Too High (bloomberg)
  5. China, US Team Up on Contact Group to Handle ‘Financial Stress’ (bloomberg)
  6. Dolly Parton $650 million empire: from humble roots to queen of country music, movies and now makeup (foxbusiness)
  7. Start-up failures rise 60% as founders face hangover from boom years (ft)
  8. Fed’s Daly backs gradual interest rate cuts as inflation ‘confidence’ mounts (ft)
  9. What clues will Jackson Hole provide about the timing of US rate cuts? (ft)
  10. Tech giants boost Hong Kong stocks as investors eye Fed’s Jackson Hole meet (scmp)
  11. At 8 am this morning, a State Council release from Prime Minister Li Qiang expressed the need to “expand domestic demand more effectively, focus on boosting consumption, and take targeted measures to smoot the economic cycle” Wow! The statement continues with a “Focus on areas with strong growth and the driving force to promote consumption, accelerate the expansion and quality of service consumption, effectively promote bulk consumption.” (chinalastnight)
  12. Berkshire Hathaway Likes Ulta Beauty. Should You? (wsj)
  13. The stock market’s dream scenario has been revived (businessinsider)

Be in the know. 10 key reads for Sunday…

  1. Expectations for strong earnings growth in 2025 and a history of outperforming after Fed rate cuts could help small caps retake the lead later this year (marketwatch)
  2. 14% of PCs shipped globally in Q2 2024 were AI-capable (canalys)
  3. Why In-the-Know Travelers Head to the Connecticut Coast for Their New England Fix (wsj)
  4. Where to Find the Best and Butteriest Lobster Rolls in Connecticut (wsj)
  5. US Consumer Confidence Beats Expectations (tradingeconomics)
  6. The Holy Grail Cars? Get Them While They Last. (nytimes)
  7. Sneaker Talk With Birdwell CEO Eric Crane (forbes)
  8. Alibaba says its math-specific AI model outperforms rivals (technode)
  9. AliViews: Eddie Wu on Alibaba’s Q1 Earnings (alizila)
  10. High interest rates have dimmed the solar sector. Will coming cuts put a shine on their stocks? (apnews)