Category: What I’m Reading Today

Be in the know. 20 key reads for Friday…

  1. Third Plenum Promises to Fix “Insufficient Demand”, Week in Review (chinalastnight)
  2. Third Plenum Communique: CN to Implement Measures to Prevent & Resolve Risks in Property, Local Debts, Small/ Medium Financial Institutions, Others (aastocks)
  3. Why the Fed Should Cut Rates Now—Not Wait Until September (wsj)
  4. Big Tech shares lose lustre as US market rocked by violent rotation (ft)
  5. Why Income Seekers Should Consider Buying High Yield Dividend Stocks Now (barrons)
  6. American Express Profit Rises 39% as Affluent Consumers Keep Spending (barrons)
  7. Here’s how stocks performed the last time a president ended a re-election bid — in 1968 (marketwatch)
  8. This bearish strategist says there is a bubble in artificial-intelligence stocks, and it could be about to burst (marketwatch)
  9. Small-cap stocks are perking up. Here’s how to pick winners. (marketwatch)
  10. Citi advises investors to ‘election proof’ their portfolios — here’s how (marketwatch)
  11. Ford to Invest $3 Billion in Canada to Boost F-Series Pickup Production (wsj)
  12. Homeowners Couldn’t Build Pools Fast Enough During Covid. The Tide Might Be Turning. (wsj)
  13. Get Ready to Pay More for Less-Reliable Electricity (wsj)
  14. Amazon Prime Day 2024 breaks record, bumps US online sales to $14.2B (nypost)
  15. Why Is the Oil Industry Booming? (nytimes)
  16. More Gas Cars and Trucks, Fewer E.V.s as Automakers Change Plans (nytimes)
  17. China’s Leaders Offer High Hopes, but Few Details for Road to Recovery (nytimes)
  18. Millionaires Outpriced by Billionaires Flock to Florida’s Fort Lauderdale (bloomberg)
  19. High-tariff push roils Shein, Temu operations in South Africa, EU, other markets (scmp)
  20. BABA Demands Each Biz to Have ‘Sense of Operation’ & Further Clarify Focus of Inputs – Report (aastocks)

 

Be in the know. 30 key reads for Thursday…

  1. Analysts believe China is more likely to have “positive” trade outcomes under a Trump presidency, given his “transactional nature.” (cnbc)
  2. China’s biggest money manager says fears about growth, corporate earnings excessive (scmp)
  3. Why Intel’s stock avoided the semiconductor sector’s worst selloff in four years (marketwatch)
  4. China’s biggest ETFs see huge inflows in latest sign of state buying amid third plenum (scmp)
  5. Third Plenum Communique: CN to Implement Measures to Prevent & Resolve Risks in Property, Local Debts, Small/ Medium Financial Institutions, Others (aastocks)
  6. Initial Jobless Claims in US Increase by Most Since Early May (bloomberg)
  7. Trump-Vance Administration Could Herald New Era for Dollar (nytimes)
  8. Full text: Communique of the Third Plenary Session of the 20th Central Committee of the Communist Party of China (people.cn)
  9. Ford Is Adding Capacity. Super Duty Trucks Are Seeing Surging Demand. (barrons)
  10. Google Is The Great Tech Disrupter. AI Upstarts Have It In Their Crosshairs. (investors)
  11. ECB Keeps Rates on Hold Having Forged Ahead of Fed With a June Cut (barrons)
  12. Amazon Has a $46 Billion ‘Hidden Gem’ to Boost Revenue (barrons)
  13. Alibaba, Tencent and Other Emerging Market Stocks This Investing Pro Likes (barrons)
  14. Delta Air Lines Director Buys Large Block of Stock (barrons)
  15. Magnificent 7 Stocks Got Hammered. Why It’s Not Time to Buy the Dip, and 4 Other Things to Know Today. (barrons)
  16. Third Plenum Communique: CN to Deepen Financial & Taxation Reform, Increase Capacity of Opening-up Through Expanding Int’l Co-op (aastocks)
  17. Bank Stocks Celebrate Return of M&A, Ignore the Health of the Consumer (barrons)
  18. The Smallest Stocks Have Staged an Epic Rally. Here’s What to Do Next. (barrons)
  19. Country Music Is Booming Again. This Time, the Fans Are in Charge. (wsj)
  20. Ray-Ban Maker EssilorLuxottica to Buy Supreme Brand for $1.5 Billion (wsj)
  21. Foreign Buyers of U.S. Homes Pay Record Prices, but Sales Dwindle (wsj)
  22. (China) Officials reaffirmed a 5% growth target for this year (wsj)
  23. Two top Fed officials hint rate cuts could come this year as inflation cools (nypost)
  24. GM to increase production of high-performance Cadillac Escalade V8 SUV (cnbc)
  25. Can Boeing get back to its glory days? (cnbc)
  26. U.S.-China tensions are not a ‘new Cold War,’ veteran Singapore diplomat Bilahari Kausikan says (cnbc)
  27. Is the Worst Over for New York Offices? (wsj)
  28. Big central banks are starting to cut rates, slowly (reuters)
  29. Ford pivots from EV plans to heavy-duty trucks at Canada facility (finance.yahoo)
  30. CPC Central Committee adopts resolution on further deepening reform comprehensively (people.cn)

Be in the know. 10 key reads for Wednesday…

  1. Traders Betting on China Easing (bloomberg)
  2. Why China’s Xi Is Pushing ‘High-Quality Development’ (bloomberg)
  3. “I can’t believe how many people are negative on tariffs that are actually smart. Man, is it good for negotiation” (bloomberg)
  4. Wall Street pivots back to multiple-rate-cut view — reviving one of 2024’s big trading themes (marketwatch)
  5. Small caps are the hottest trade going in the stock market now and they surged another 3% Tuesday (cnbc)
  6. US Floats Tougher Trade Curbs in Chip Crackdown on China (bloomberg)
  7. Dollar Falls to Weakest Since May as Yen Rally Shakes Up Markets (bloomberg)
  8. China Youth Unemployment Hits Lowest Since December to Near 13%
  9. PBOC Questions Banks on Bond Holdings in Push to Cool Rally (bloomberg)
  10. Nvidia Stock Drops. Why It’s a Big Victim in the Tech Exodus. (barrons)

Be in the know. 25 key reads for Tuesday…

  1. The stars have aligned for this corner of the stock market as the US economy enters its ‘Goldilocks’ era, BofA says (businessinsider)
  2. Xi Jinping’s Great Economic Rewiring Is Cushioning China’s Slowdown (bloomberg)
  3. Small caps are the hottest trade going in the stock market right now and they’re up again Tuesday (cnbc)
  4. Inside Disney’s Mission to Keep Viewers Glued to Their Screens (wsj)
  5. Is Chinese President Xi’s Tech-Driven Growth Push Starting to Pay Off? (bloomberg)
  6. Revisiting Hong Kong: Optimism Still Improving Even As Rally Gets Tested (kraneshares)
  7. Bank Of America Stock Adds To 24% Rally On Q2 Earnings; Financial Stocks Eye Breakouts (investors)
  8. Xi’s Quest for ‘High-Quality Growth’ in China Is Bearing Fruit: Big Take (bloomberg)
  9. China tries to hit more birds with one stone in property rescue push (reuters)
  10. Ford Is Making a Comeback. It’s Time to Buy the Stock. (barrons)
  11. Google Search Has AI Issues, but Alphabet Stock Bulls Remain Upbeat (barrons)
  12. Why cooling inflation may not hurt corporate earnings after all (marketwatch)
  13. Powell leaves door open to rate cut but offers no fuel for July move: Evercore’s Guha (marketwatch)
  14. Opinion: ‘The S&P 500 is an accident waiting to happen’ — but it could be a long wait (marketwatch)
  15. Options traders flash rare bullish signal for small-cap stocks (marketwatch)
  16. Evictions Surge in Major Cities in the American Sunbelt (wsj)
  17. Powell Signals Rate Cut Coming Into View but Declines to Say When (wsj)
  18. Starboard Builds Big Stake in Tinder Parent Match (wsj)
  19. Odd Lots: Stephen Roach Warns Of Disaster From Our ‘Sinophobic’ China Policy (bloomberg)
  20. AI stocks look promising long-term, but may be overvalued now, investing experts say (cnbc)
  21. Match’s stock surges after activist investor Starboard urges exploring a sale (marketwatch)
  22. Marathon CEO Richards on Trump Trade, Fed, Dimon’s Private Credit Warning, Real Estate (bloomberg)
  23. Traders see the odds of a Fed rate cut by September at 100% (cnbc)
  24. Fundstrat’s Tom Lee is bullish on small caps (cnbc)
  25. Does Economic Data Raise The Probability of Third Plenum Policy Support? (chinalastnight)

Be in the know. 20 key reads for Monday…

  1. Chinese Leaders Are Gathering for Policy Talks. How the ‘Third Plenum’ Just Might Lift Stocks. (barrons)
  2. Alibaba Share Repurchase Program Reaches New Heights During June Quarter (alizila)
  3. IOC Leverages Alibaba Cloud’s Energy Expert to Optimize Power Consumption at Paris 2024 Venues (alizila)
  4. President Xi Jinping is presiding over a conclave to draft a new economic program. The stakes are high, but expectations for big changes are modest. (nytimes)
  5. China’s Economic Growth Comes in Worse Than Expected, Adding Pressure on Xi (bloomberg)
  6. Amazon Hits Prime Time for Earnings Expansion (wsj)
  7. What if the A.I. Boosters Are Wrong? (nytimes)
  8. I.’s Insatiable Appetite for Energy (nytimes)
  9. How Value Investors Can Benefit From the UK Rebound (bloomberg)
  10. 4 charts show why Wall Street’s most bullish strategist expects the stock market to triple by 2030 (businessinsider)
  11. Why small caps have the ‘most compelling investment case’ right now (marketwatch)
  12. Small-cap stocks get some revenge after Big Tech rally pauses. How long can they keep it up? (marketwatch)
  13. Fed-favored PCE price gauge set to show easing inflation and raise likelihood of rate cut (marketwatch)
  14. Evictions Surge in Major Cities in the American Sunbelt (wsj)
  15. Goldman Strategists Say Big Tech’s AI Splurge Worries Investors (bloomberg)
  16. Drivers are no longer simply accepting the fact that they have to pay more for car insurance. (wsj)
  17. Open questions | Stephen Roach on how Beijing can right its economy and the US’ China ‘blunder’ (scmp)
  18. Explainer | China’s third plenum: the 5 burning questions heating up debate – and our take (scmp)
  19. China’s economy falters, raises pressure for more stimulus (reuters)
  20. 4 Major CN Banks Lower Interest Rates for Buying 1st Home in Guangzhou: Report (aastocks)

Be in the know. 20 key reads for Sunday…

  1. The door is wide open to multiple Fed rate cuts (scottgrannis)
  2. AI’s $600B Question (sequoiacap)
  3. Arnold Schwarzenegger and Ann Miura-Ko (#754) (timferriss)
  4. Oaktree’s Howard Marks Weighs In on Market Risks, PE and Credit (bloomberg)
  5. 10 Undervalued Wide-Moat Stocks (morningstar)
  6. 33 Undervalued Stocks (morningstar)
  7. Fed sends clearest signals yet that it will soon cut interest rates (ft)
  8. ‘‘After we buy a stock, consequently, we would not be disturbed if markets closed for a year or two. We don’t need a daily quote on our 100 percent position in See’s to validate our well being. Why, then, should we need a quote on our 7 percent interest in Coke (KO)?’’ (dgi)
  9. Jeff Bezos to sell another $5bn of Amazon shares (bbc)
  10. Why International Investing Makes Sense for Long-Term Investors (morningstar)
  11. GEN AI: TOO MUCH SPEND, TOO LITTLE BENEFIT? (gs)
  12. China Posts Largest Trade Surplus in Near 2 Years (tradingeconomics)
  13. The 50 Greatest Luxury Hotels on Earth (robbreport)
  14. The Pagani Huayra Epitome Is The Ultimate Driver’s Hypercar (maxim)
  15. The First Ferrari 250 GT SWB California Spider Could Sell For $18 Million Or More (maxim)
  16. How America’s Fastest Swimmers Use Math to Win Gold (quantamagazine)
  17. Alibaba welcomes Tony Parker as ambassador to boost B2B market expansion (technode)
  18. Rooftop solar’s dark side (org)
  19. World’s 100 Greatest Golf Courses (golfdigest)
  20. Bloomberg Daybreak Weekend: China’s Third Plenum (bloomberg)

Be in the know. 10 key reads for Saturday….

  1. Traders Start to Bet on Supersized Fed Rate Cut in September (bloomberg)
  2. Bank earnings: JPMorgan and Wells Fargo report mixed results, while Citigroup beats estimates (marketwatch)
  3. PPI report for June: Wholesale inflation also points to slower increase in prices (marketwatch)
  4. Fed’s favorite PCE price gauge set to show slower inflation and raise odds of rate cut (marketwatch)
  5. Intel Stock Is the Dow’s Best Performer on Friday. Here’s Why. “Lavender also said that Intel is seeing is seeing “lots of demand” for its Gaudi 3 chip.” (barrons)
  6. Why Dividend Aristocrats and REIT Stocks Are Poised to Rally (barrons)
  7. CONE HEADS (bloomberg)
  8. China’s Chance to Rein In Its Surplus — or Double Down (bloomberg)
  9. When will AI’s stock-market dominance fade? Goldman says watch this key signal. (businessinsider)
  10. Wall Street is bullish on stocks for the 2nd half of the year. Here are each firm’s exact forecasts. (businessinsider)

Be in the know. 22 key reads for Friday…

  1. Move Over, Magnificent Seven Stocks. The Other 493 Are Set to Take Off. (barrons)
  2. Is a stock-market rotation under way? Small caps surge as Magnificent Seven are punished after cool CPI reading. (marketwatch)
  3. Data shows most who take anti-diabetes drugs such as Ozempic for weight loss quit within 2 years, as their cost-effectiveness is questioned (scmp)
  4. Fed Rate Cuts Look Imminent. Why This Big Tech Selloff Could Be Positive and 4 Other Things to Know Today. (barrons)
  5. Citigroup tops expectations for profit and revenue on strong Wall Street results (cnbc)
  6. “the PPI was actually “a lot better” than it looks, given that the components that feed into the PCE were benign.” (bloomberg)
  7. Why Dividend Aristocrats and REIT Stocks Are Poised to Rally (barrons)
  8. Traders piled into bets against small-cap stocks at exactly the wrong time (marketwatch)
  9. China’s Highest-Level Economic Summit Kicks Off Soon. 3 Things to Know. (barrons)
  10. ‘Christmas in July’: Why Goldman and Other Big Bank Stocks Have Taken Off (barrons)
  11. Fed’s Goolsbee: ‘Profoundly encouraging’ June CPI data makes case for rate cuts (marketwatch)
  12. Fed’s Daly says U.S. economic data now justify an interest-rate cut (marketwatch)
  13. One S&P 500 sector has gotten less expensive — even while rising by double digits (marketwatch)
  14. Why Jack in the Box, Wendy’s, and Other Cheap Restaurant Stocks Are Jumping (barrons)
  15. Milder Inflation Opens Door Wider to September Rate Cut (wsj)
  16. The One-Child Policy Supercharged China’s Economic Miracle. (wsj)
  17. The Chrysler Building, the Jewel of the Manhattan Skyline, Loses Its Luster (nytimes)
  18. Yen keeps markets on edge, data points to BOJ intervention (streetinsider)
  19. ‘Get us more paper’ — Indian equity issuance hits record high (ft)
  20. Sterling surges to one-year high after UK growth and US inflation surprises (ft)
  21. Hong Kong and mainland Chinese exchanges add 91 ETFs to Stock Connect scheme (scmp)
  22. A Once-in-a-Decade Opportunity: 2 Magnificent S&P 500 Dividend Stocks Down 47% and 59% to Buy in the Second Half of 2024 (fool)

Be in the know. 20 key reads for Thursday…

  1. Alibaba’s AI model outperforms Chinese rivals, ranks just behind OpenAI, Anthropic (scmp)
  2. Traders boost bets on Fed rate cut in Sept after CPI data (reuters)
  3. Goldman Strategists Say Big Tech’s AI Splurge Worries Investors (bloomberg)
  4. PepsiCo Earnings Beat Expectations. Why the Stock Is Dropping. (barrons)
  5. Glamorous Garages and Beautiful Barns: The New Must-Have Amenities (barrons)
  6. Ford Is Making a Comeback. It’s Time to Buy the Stock. (barrons)
  7. Pfizer Moves Forward With Weight-Loss Pill. The Stock Is Rising. (barrons)
  8. There’s a very short window to bet against the dollar, says Goldman Sachs. (marketwatch)
  9. The Golf Putter That Works So Well, ‘It Feels Like Cheating’ (bloomberg)
  10. The Risky-Loan Trade Is Back (wsj)
  11. Tony Robbins Bet $200 Million on a Green-Energy Breakthrough. Proof It Works Remains Elusive. (wsj)
  12. What’s Behind Powell’s Latest Shift on Rates (wsj)
  13. American Workers Have Quit Quitting, for Now (wsj)
  14. How Drug Middlemen Keep Beating the System (wsj)
  15. Apple Settles E.U. Case by Opening Its Payment Service to Rivals (nytimes)
  16. Private Equity’s Creative Wizardry Is Obscuring Danger Signs (bloomberg)
  17. China’s plenum must offer action not rote slogans (ft)
  18. Hong Kong stocks rise after China unveils fresh curbs on short-selling to lift confidence (scmp)
  19. 3 Reasons to Buy Intel Stock Like There’s No Tomorrow in 2024 (fool)
  20. Treasury yields fall on rate-cut optimism (wsj)

 

Be in the know. 25 key reads for Wednesday…

  1. Powell Inches the Fed Closer to Cutting Rates (wsj)
  2. Why China’s Third Plenum Matters for Global Investors (bloomberg)
  3. Powell remarks on day one suggested September cut (marketwatch)
  4. China’s central bank arms itself for rare bond market intervention (ft)
  5. Intel’s momentum has flipped as stock looks to book five-session winning streak (marketwatch)
  6. Great Hill Capital LLC Chairman and managing member Thomas Hayes discusses Fed Chair Powell’s testimony ahead of the release of the highly anticipated inflation data. (foxbusiness)
  7. The S&P 493’s earnings recession is over (yahoo)
  8. Internet Stocks Mostly Rebound, National Team Rumored To Be Buying Small Cap ETFs (chinalastnight)
  9. BABA-SW Offloads 3.9M Shrs of CLOUD MUSIC to Cash in $350M+ (aastocks)
  10. US economy no longer overheated, Fed’s Powell tells Congress (reuters)
  11. Fed’s Powell: “More good data” will “strengthen” case for rate cut (reuters)
  12. Disney to add new ship in Tokyo to expanding cruise business (reuters)
  13. Exclusive: Fed may tweak rule that could save biggest US banks billions (reuters)
  14. Alibaba bets on generative AI tools to help cross-border merchants, executive says (scmp)
  15. Exclusive Ivy League Social Clubs Are Desperate for Members (wsj)
  16. Boeing likely to suffer minimal impact from guilty plea, analysts predict (ft)
  17. Intel rally due to a ‘clear short cover trade underway in semis’ – Mizuho (streetinsider)
  18. A double cheeseburger for $1.99? Why fast-food prices are going even lower. (marketwatch)
  19. Taiwan Semiconductor Leads Chip Stocks Higher. (barrons)
  20. It Might Be Time to Sell Some of Your AI Stocks (barrons)
  21. Powell Testimony Today: Stocks Edge Up Ahead of Fed Chair’s Second Day of Remarks (wsj)
  22. US Natural Gas Bulls Finally Get Some Good News (bloomberg)
  23. 3M’s CFO Steps Down After Leadership Shakeup, Health Spin (bloomberg)
  24. China’s ETF market sees ‘explosive’ growth, inflows jump 5-fold in three years, Morningstar says (cnbc)
  25. Instead of Buying the Dip on Stock-Split Stocks Like Nvidia and Broadcom, Consider These 3 Semiconductor Stocks (fool)