Be in the know. 20 key reads for Thursday…

  1. Fed Projects Just One Cut This Year Despite Mild Inflation Report (wsj)
  2. Wholesale prices unexpectedly fell 0.2% in May (cnbc)
  3. Jobless claims jump to highest level in 10 months (marketwatch)
  4. Why Investors Don’t Believe the Fed (nytimes)
  5. Bond Market Splits From Fed Again by Betting on 2024 Rate Cuts (bloomberg)
  6. The Fed isn’t really taking 2 rate cuts off the table (finance.yahoo)
  7. Fed Signals One Rate Cut This Year, But Keeps Door Open to Two (bloomberg)
  8. Fed’s $1 trillion pile of paper losses are turning into actual losses — with more in sight (marketwatch)
  9. Large-Cap Value Stocks Will Power the Market Rally From Here, This Strategist Says (barrons)
  10. Airline Stocks Are Soaring on Lower Fares. Here’s Why. (barrons)
  11. Small-Cap Stocks Are Finally Ready to Run With the Bulls (barrons)
  12. The Bank of Japan Faces an Impossible Challenge (barrons)
  13. U.S. Travelers Can Renew Their Passports Online Starting Today (wsj)
  14. Amazon to Invest Billions in Taiwan Cloud Infrastructure (wsj)
  15. Stung by Past Mistakes, a Wary Fed Takes Its Time (wsj)
  16. Why Big US Banks Are Resisting Bigger ‘Capital Cushions’ (bloomberg)
  17. Odd Lots: Elon Musk Dominates Space Like Nobody Has Before (bloomberg)
  18. ‘The White Lotus’ Gives Thailand a Tourism Boost Ahead of Third Season (bloomberg)
  19. Dividend stocks can help lower your risk. Many are bargains right now. (marketwatch)
  20. Wholesale prices decline and add to evidence of easing U.S. inflation (marketwatch)

Be in the know. 9 key reads for Wednesday…

  1. Fed’s rate-cut path in 2024 is a ‘very close call’ as market awaits Powell’s guidance (marketwatch)
  2. Chinese AI social media apps see demand rise in overseas markets amid slow mainland adoption (scmp)
  3. Stocks used to rise ahead of Fed meetings. Not anymore. (marketwatch)
  4. How the stock market performs when a CPI report and a Fed decision happen the same day (marketwatch)
  5. Opinion: Buffett partner Charlie Munger kept these rules about investing and life that you can use too (marketwatch)
  6. Natural gas surges over 7% to end at 5-month high on forecasts for extreme heat (marketwatch)
  7. Snowflake’s Ex-CEO Snaps Up Cheap Stock. He Had Been a Big Seller. (barrons)
  8. Fed Faces Dot-Plot Cliffhanger as May Inflation Report Looms (bloomberg)
  9. Nelson Peltz’s Trian amasses stake in pest control giant Rentokil (cnbc)

Be in the know. 22 key reads for Tuesday…

  1. VF Corp president buys $997k in company stock (investing)
  2. Wall St slips before inflation data, Fed decision; Apple rebounds (streetinsider)
  3. Chinese stocks poised for more gains after ‘healthy correction’: Goldman Sachs (scmp)
  4. China sees 110 mln domestic tourist trips during Dragon Boat Festival holiday (cn)
  5. CFR’s Richard Haass on EU election fallout: It’s a really bad time to be an incumbent (cnbc)
  6. China’s Call for ‘Open Mind’ Spurs Hope of New Housing Measures (bloomberg)
  7. Tom Lee on Small Caps (cnbc)
  8. GM Is Returning $6 Billion More Cash to Shareholders. The Stock Is Rising. (barrons)
  9. ‘Don’t sell a dull market short’ is the advice stock investors need right now (marketwatch)
  10. Why Google is one of the big winners from Apple’s WWDC (marketwatch)
  11. How Elliott Plans to Fix Southwest—and Boost the Stock (barrons)
  12. Behind the Scenes at Disney’s R&D Lab With Its Top Imagineer (wsj)
  13. The Fed Gears Up to Show Its Hand: One Cut, Two or None at All (wsj)
  14. How to Build an Airplane: Boeing’s Urgent Mission to Train Thousands of Rookies (wsj)
  15. One City’s Downtown Plan: Empty Office Space That Is Too Cheap to Pass Up (wsj)
  16. Any way you slice it Century-old NYC pizza icon Totonno’s looks for someone to take over with just one condition: No pineapple (nypost)
  17. Old woman and the sea Maine’s oldest lobster woman just turned 104 and has no plans to leave her boat: ‘Still the boss’ (nypost)
  18. Inside the reawakening of NYC’s Fifth Avenue with swanky housing, shopping and offices (nypost)
  19. Are These Really ‘the World’s 50 Best Restaurants’? (nytimes)
  20. Tiana’s Bayou Adventure is the next step in Disney’s $60 billion theme park investment (cnbc)
  21. Goldman Sachs: Stock splits are near-term positive for shares (streetinsider)
  22. Diageo sells majority stake in Guinness Nigeria to Singapore’s Tolaram (ft)

Be in the know. 10 key reads for Monday…

  1. Biotechs line up for IPOs in bullish sign for US listings market (ft)
  2. Apple Set To Unveil AI Game Plan At WWDC 2024 (Live Coverage) (investors)
  3. RBC’s Calvasina Sees Risk of S&P 500 Sinking 8% If No Fed Cut (bloomberg)
  4. Ford CEO Jim Farley Explains Why EV Sales Are Slowing as Hybrids’ Boom (barrons)
  5. Elliott Takes Big Stake in Southwest Airlines (wsj)
  6. A Big Decision for Boeing’s Next C.E.O.: Is It Time for a New Plane? (nytimes)
  7. Here’s where the economy stands as the Fed makes its interest rate decision this week (usatoday)
  8. Homes for Sale Are Piling Up, Just Not Where the Buyers Are (bloomberg)
  9. Is the Fed put back? (streetinsider)
  10. BofA: Bank stocks should remain well bid into US elections (streetinsider)

Be in the know. 20 key reads for Sunday…

  1. Alibaba Returns to the Scene of the Crime (stockcharts)
  2. Alibaba Cloud’s Qwen2 with Enhanced Capabilities Tops LLM Leaderboard (alizila)
  3. Why the Recession Still Isn’t Here (wsj)
  4. Freshippo Launches Private Label at North American Supermarkets, Eyes Global Expansion (alizila)
  5. Hiring and Wages are Up, Reinforcing the Economy’s Resilience (wsj)
  6. World’s 50 best restaurants for 2024 revealed — and one NYC spot made the list (nypost)
  7. The Former Amazon Intern Now Running Its Profit Engine (wsj)
  8. Economic Data Paint a Picture of Two Americas (wsj)
  9. We’re Spending Billions on This Work-From-Home Indulgence (wsj)
  10. The Great AI Challenge: We Test Five Top Bots on Useful, Everyday Skills (wsj)
  11. What to Watch: The Best Movies and TV Shows From April (wsj)
  12. 11 Fascinating Facts You Didn’t Know About the Record-Busting Rimac Nevera (robbreport)
  13. Cher’s Ferrari Dino 246 Spider Is Up For Grabs (maxim)
  14. This Elite Anguilla Beach Resort Just Debuted A New Luxury Villa (maxim)
  15. Alibaba and JD see performance boost during 618 shopping festival (technode)
  16. Apple is reportedly ready to announce AI — in the most Apple way possible (mashable)
  17. How much national debt is too much? (npr)
  18. The First Ferrari 250 GT SWB California Spider Ever Built Is Going to Auction (roadandtrack)
  19. Tight money hasn’t hurt corporate profits (scottgrannis)
  20. Amazon Could Join the $3 Trillion Club. How It Could Happen. (barrons)

Be in the know. 5 key reads for Saturday…

  1. The Jobs Report Is Like a Box of Chocolates. Pick the Data You Like. (barrons)
  2. SL Green to start deploying $1 billion arsenal for New York real estate this year (marketwatch)
  3. 3M Stock Is Rising. Wall Street Sentiment Is Turning. (barrons)
  4. Stock Market Concentration How Much Is Too Much? (morganstanley)
  5. KraneShares’ Brendan Ahern on China’s Economic Landscape: Is It Still Investable? (mebfaber)

Be in the know. 13 key reads for Friday…

  1. Alibaba says new AI model Qwen2 bests Meta’s Llama 3 in tasks like maths and coding (scmp)
  2. US Payroll Gains and Unemployment Rate Both Pick Up at Same Time (bloomberg)
  3. China’s foreign goods trade picks up steam in first 5 months (cn)
  4. Economists expect realty bounce soon (cn)
  5. Payrolls Instant Reaction: A Schizophrenic Report (zerohedge)
  6. Has Lululemon Athletica Turned a Corner? Perhaps Not, Wall Street Says. (barrons)
  7. ‘The China equity trade is back’ and here are the stocks to pick, says SocGen (marketwatch)
  8. A look inside a $1 billion real-estate bet on the future of San Francisco (marketwatch)
  9. Three stocks now account for 20% of the S&P 500’s value. That’s making some investors nervous. (marketwatch)
  10. Opinion: S&P 500 is now giving a ‘buy’ signal and there’s strong support for a summer rally (marketwatch)
  11. Too soon for small caps? This money manager is picking up bargains. (marketwatch)
  12. ECB Cuts Interest Rates for First Time Since 2019 (wsj)
  13. Big US Job Gains Is Out of Sync With Recent Weaker Economic Data (bloomberg)

Be in the know. 16 key reads for Wednesday…

  1. Country Garden sees home sales jump as Beijing’s rescue package gives developers a boost (scmp)
  2. Bond Traders Pile Into Fresh Bets on Faster Pace of Fed Cuts (bloomberg)
  3. Investing in China ‘desirable’ despite risks, says hedge fund giant Ray Dalio (scmp)
  4. Hedge Funds Flip Flop on Yen Option Trade as BOJ ‘Spooks’ Market (bloomberg)
  5. ‘We want to build everybody’s AI chips’: Intel CEO talks of regaining market share (cnbc)
  6. Here’s what happened in 9 major bubbles in the last 100 years — and what’s going on now (marketwatch)
  7. Bank of Canada seen cutting rates (marketwatch)
  8. Traders expect a hawkish cut from the ECB. What it means for markets. (marketwatch)
  9. Intel, Apollo strike $11 billion deal over chip-manufacturing plant in Ireland (marketwatch)
  10. Citi Says ECB’s Interest Rate Path Hands European Stocks an Edge (bloomberg)
  11. These popular stock-market trades are unwinding as Fed bets shift. Here’s what happens next. (marketwatch)
  12. Margin Debt Is Rising. It’s a Sign Some Investors Are Amping Up Risk. (barrons)
  13. Americans Have More Investment Income Than Ever (wsj)
  14. The number of US homes for sale is slowly returning to normal: An ‘incredible trend,’ economists say (nypost)
  15. The Great Concert Ticket Bust (businessinsider)
  16. US dollar to weaken, but Fed rate cuts are required, say strategists (streetinsider)

Be in the know. 20 key reads for Tuesday…

  1. Alibaba shows strong momentum during 618 shopping festival, as chairman Joe Tsai eyes return to double-digit revenue growth (scmp)
  2. Ford US sales soar in May, powered by hybrids (yahoo)
  3. PayPal and Oracle are new top picks at Mizuho (streetinsider)
  4. Intel CEO Takes Aim at Nvidia in Fight for AI Chip Dominance (bloomberg)
  5. The Dollar Is at Its Strongest Since the 1980s. Can It Last? (wsj)
  6. Short Sellers in Danger of Extinction After Crushing Stock Gains (bloomberg)
  7. VF Corp. Replaces North Face President with Former Fashion Exec, Adds Two Board Members (outdoorretailer)
  8. China needs to inject US$276b into property market to stabilise prices: Goldman (scmp)
  9. Hong Kong stocks rise amid bets of stability in China property, US rate cut hopes (scmp)
  10. Chinese exporters anticipate strong performance on new growth drivers (cn)
  11. Fundstrat’s Tom Lee: S&P 500 will rise 4% to 5,500 by the end of June (CNBC)
  12. Hong Kong stocks jump by most in 3 weeks as Alibaba, Tencent gain on economic data boost (scmp)
  13. Hedge fund short sellers burnt by flurry of UK takeover bids (ft)
  14. A ‘pick and mix’ stock market has emerged thanks to higher interest rates, says Goldman Sachs (marketwatch)
  15. 10-year Treasury yield extends decline after U.S. job-openings data (marketwatch)
  16. US Job Openings Fall in Broad Cooldown (bloomberg)
  17. Treasuries Gain as JOLTS Spurs Faster Fed-Cut Bets (bloomberg)
  18. Intel unveils new AI chips as it seeks to reclaim market share from Nvidia and AMD (cnbc)
  19. After Years of Turbulence, the Cruise Lines Are Sailing Under Blue Skies (barrons)
  20. Logistics Operators Are Looking to Break the Sector’s IPO Logjam (wsj)