Category: What I’m Reading Today

1.  Health care is one of the stock market’s healthiest sectors right now (MarketWatch)
2. U.S., China to relaunch talks with little changed since deal fell apart (Reuters)
3. Exclusive: Russian output falls to three-year low as oil rivals clash (Reuters)
4. Hedge Funds Post Best First Half in Decade (Bloomberg)
5. PepsiCo earnings top estimates on strong snack and beverage sales, backs 2019 forecast (CNBC)
6. Boeing’s Grounded 737 Max — The Story So Far (Bloomberg)
7. Richard Branson’s Virgin Galactic will take tourists to space. Now it’s set to go public (USA Today)
8. Intellectual content tops menu at Sun Valley billionaires camp (New York Post)

Cartoon: Rainer Hachfeld

1. Hedge funds chart course through ‘IMO 2020’ storm (Reuters)
2. The U.S. Is Overflowing With Natural Gas. Not Everyone Can Get It. (Wall Street Journal)
3. Iran’s Oil Output Plunges to More Than Three-Decade Low (Bloomberg)
4. BlackRock sees economic outlook worsening for the second half, but stocks doing well anyway (CNBC)
5. It’s Never Going to Be Perfect, So Just Get It Done (New York Times)
6. Instagram Turns Obscure U.S. Sights Into Social-Media Destinations (Wall Street Journal)
7. Where to Invest When the Fed Cuts Rates (Wall Street Journal)

 

1. Bank Stock Dividends Are Getting Bigger. Much Bigger. (Barron’s)
2. Habits vs. Goals: A Look at the Benefits of a Systematic Approach to Life (Farnam Street)
3. Plan on More Pharma Megamergers ()
4. How the U.S. Secret Service Works (howstuffworks)
5. Inside the Geeky, Quirky, and Wildly Successful World of Quant Shop Two Sigma (Institutional Investor)
6. They Told Me to Get an MBA. I Started a Billion-Dollar Company Instead (Inc.)
7. Deutsche Bank is about to undergo its biggest restructuring ever. Here’s what we know about what’s going on at the German bank. (Business Insider)
8. The Lamborghini SC18 Alston is an 800-hp, one-off wonder (CNET)
9. Iran, the Strait of Hormuz, and the Ever-Complex Geopolitics of Oil (Council on Foreign Relations)
10. A look at the assets and liabilities of the American colonies on the eve of revolution. (NPR Planet Money)
11. A Timeless History of the Swatch Watch (MentalFloss)
12. Rio is a riot in the early hours (Economist)
13. The Next Phase of Trump’s Trade War with China (Project Syndicate)
14. New Method for Tackling Stroke Restrains an Overactive Immune System (Scientific American)
15. The Best Sandwich in Every State and Washington, D.C. (People)
16. Seinfeld Sails on a Segway in New Trailer for ‘Comedians in Cars Getting Coffee (RollingStone)
17. Ray Dalio says anyone who wants to understand today’s world should read this 32-year-old book about empires (Business Insider)
18. Bill Gates Just Revealed the 1 Eye-Opening Thing Steve Jobs Had That He Didn’t (Clue: It’s Not Creativity) (Inc.)
19. Before-and-after photos show dramatic differences in presidents and first families after time spent in White House (Business Insider)
20. OPEC output hits new low on Trump’s sanctions, supply pact (Arab News)

1. 5 Beaten-Down Stocks Worth Considering (TheStreet)
2. No one is writing about this: Perspective…(ZeroHedge)
3. 11 Cheap Stocks to Buy as the Market Hits New Highs (Barron’s)
4. How to Invest at Every Age: Cramer’s ‘Mad Money’ Recap (Friday 7/5/19) (TheStreet)
5. A Physicist and His Son Are 3D-Printing a Full-Scale Lamborghini (Futurism)
6. Taylor Swift, the Universal Backlot Fire, and Why Masters Are the Next Battleground in Music (Vanity Fair)
7. Ford will sell a $1.2 million supercar that won’t be street-legal (CNN)
8. Kudlow says Fed should ‘take back’ interest-rate hike (MarketWatch)
9. Civilians (The Reformed Broker)
10. Mortgage rates haven’t been this low since 2016 — here’s how to decide whether to refinance your home loan (MarketWatch)
11. Get National Fried Chicken Day deals (USA Today)
12. Strong Jobs Report Eases Fears of Damage From Trade War (New York Times)
13. Aston Martin CEO Woos Investors With Supercars at Goodwood Gala (Bloomberg)
14. Fast-Track Drug Approval, Designed for Emergencies, Is Now Routine (Wall Street Journal)
15. 5 Mediterranean Islands the Tourist Mobs Haven’t Invaded Yet (Wall Street Journal)
16. How to Have the Ultimate Summer Lake Day (Men’s Journal)
17. Hsieh Su-wei Is a Lock No One Can Quite Pick (New York Times)
18. We Test Drove the Majestic McLaren 600LT Supercar on the Sunset Strip (Maxim)
19. Hedge Fund and Insider Trading News: Renaissance Technologies, Bain Capital, BridgeBio Pharma Inc (BBIO), Carnival Corp (CCL), and More ()
20. Credit Suisse Best Ideas List Still Has 50% Implied Upside for 8 Stocks (24/7 Wall Street)

1. Hiring rebounds in June as U.S. creates 224,000 jobs, unemployment rises to 3.7% (MarketWatch)
2. OPEC’s Latest Move Shows It’s ‘Drawing a Line in the Sand’ on Falling Oil Prices (Barron’s)
3. The 2020 Election Is Heating Up and That Makes the Trade War More Complicated (Barron’s)
4. Deutsche plans separate ‘corporate bank’ in multi-billion dollar revamp (Reuters)
5. ‘Kind of Blingy’: The Tricked-Out Golf Carts of the Villages, Fla. (New York Times)
6. Farmers Built a Soybean Export Empire Around China. Now They’re Fighting to Save It. (Wall Street Journal)
7. Lagarde Likely Would Keep ECB on Current Course (Wall Street Journal)

1. Trump officials say U.S.-China trade talks to resume next week (Reuters)
2. OPEC, allies waging a battle to keep oil prices supported amid trade tensions (MarketWatch)
3. Brevan Howard Main Hedge Fund Posts Best First Half in a Decade (Bloomberg)
4. U.S. Farmers See the Light (Wall Street Journal)
5. Bill Gates doesn’t believe that everyone should take vacations and weekends off (MarketWatch)
6. What’s the Bottle Cap Challenge? Here’s what you need to know about the latest viral trend (USA Today)
7. Earnings Season Is Coming and Expectations Couldn’t Be Much Lower (Barron’s)
8. Trump, VIP Guests and Critics Prepare for July 4 ‘Show of a Lifetime’ (Wall Street Journal)

• Oil prices rise after crude stockpile drop (Reuters)
• A Top Chinese Official Just Lowered the Temperature in the Trade War (Barron’s)
• Trump Picks Two Fed Nominees Likely to Support Easier Policy (Bloomberg)
• Tesla Stock Jumps On Record Second-Quarter Deliveries (Barron’s)
• Aaron Paul hints at ‘Breaking Bad’ movie (New York Post)
• Jobs Report Holds Make-or-Break Sway Over Fed Rate Strategy (Bloomberg)
• Christine Lagarde, managing director of the IMF, was just nominated for the top job at the European Central Bank (Business Insider)
• Formula E New York: Everything to Know, From the Cars to Nearby Bars (Bloomberg)
• Scientists Are Giving Dead Brains New Life. What Could Go Wrong? (New York Times)
• Hedge Fund and Insider Trading News: Daniel Och, Bill Ackman, Warlander Asset Management, FrontPoint Partners, Morphic Holding Inc (MORF), Acorn Energy Inc (ACFN), and More (Insider Monkey)

1. Hey Dave, “Where’s the Beef?” (ZeroHedge)
2. American Suburbs Swell Again as a New Generation Escapes the City (Wall Street Journal)
3. OPEC and allies extend oil supply cut in bid to boost prices (Reuters)
4. China’s Deleveraging Is Over (Wall Street Journal)
5. Goldman Sachs Has 4 Top Pick Energy Stocks to Buy as OPEC Cuts Remain in Place (24/7 Wall Street)
6. Hedge Funds Are Tracking Private Jets to Find the Next Megadeal (Bloomberg)
7. Why Goldman Sachs Could Be a New Safety Stock (Wall Street Journal)

1. OPEC set to extend oil supply cut as Iran endorses pact (Reuters)
2. Wall St. eyes return to record highs as stocks cheer trade reprieve (Reuters)
3. Stifel Has 5 Mid-Cap Energy Stocks to Buy With 100% and More Upside Potential (24/7 Wall Street)
4. How Two College Dropouts Built an $860 Million Fortune by Age 23 (Bloomberg)
5. The Stock Market Has Been on a Tear. History Says It’s Time to Get Greedy. (Barron’s)

1. China eases foreign investment curbs amid cooling trade tensions (Reuters)
2. Trump crosses DMZ to meet with Kim Jong Un in North Korea (New York Post)
3. The World’s 50 Best Restaurants: French ‘Mirazur’ At The Top (Forbes)
4. Hedge Fund and Insider Trading News: Daniel Loeb, Ray Dalio, Lone Pine Capital, Saba Capital Management, Kingstown Capital Management, Alphabet Inc (GOOGL), AMAG Pharmaceuticals Inc. (AMAG), and a Lot More ()
5. American Living (The Irrelevant Investor)
6. Why a Strong Dollar Causes the World Major Pain (Podcast) (Bloomberg)
7. Mark Cuban Says These 2 Words Separate Those Who Achieve From Those Who Only Dream (Inc.)
8. I tried being a lumberjack and it was OK (Economist)
9. The 1 Decision That Helped Yeti Move From Cult Brand to Nearly $800 Million in Revenue (Inc.)
10. The Rise Of American Oil (NPR)
11. Jony Ive made the entire tech world care about design (The Verge)
12. How Do You Follow Up ‘Old Town Road?’ If You’re Lil Nas X, You Don’t Try (Rolling Stone)
13. Wall Street was ready for the latest twist in the trade war. Here’s how experts think Trump and Xi’s trade truce will play out. (Business Insider)
14. What Does Putin Really Want? (New York Times)
15. Connecticut billionaire Paul Tudor Jones wants to save Africa with new nonprofit (New York Post)