China “Next year we can raise the fiscal deficit again to inject a fresh source of energy into the economy, which is the government’s credit, and to drive the economy’s recovery” (bloomberg)
China Made Enormous Purchase of US Soy This Week, Cargill Says (bloomberg)
Citi’s Stock Is in the Doghouse. Here’s How It Could Break Out. (barrons)
U.S. and China to Meet as Shifting Economic Fortunes Alter Relationship (wsj)
Biden and Xi Will Meet in California, Seeking to Stabilize Relations (nytimes)
Foreign investors trickle back into Asian equities on hopes of Fed rate cycle peak (reuters)
The Oreo CEO Isn’t Scared of Ozempic. The Weight-Loss Drug Fad Will Fade. (barrons)
Real Estate Rises, Did The CSRC Front Run The PCAOB On Audit Reviews? (chinalastnight)
IMF Raises China’s GDP Forecast As Mainland Investors Buy The Hong Kong Dip In Size (chinalastnight)
China’s President Xi to meet business executives in Silicon Valley: report (marketwatch)
Morningstar: These are 10 of the best stocks to buy in November, and all of them are way cheaper than they should be (businessinsider)
Bloomberg’s gauge of the dollar is heading for its worst month since July after the Federal Reserve signaled its almost two-year long tightening cycle may be coming to an end (bloomberg)
Data on Pfizer’s New Weight Loss Pill Is Coming. Why it’s Crucial for the Stock. (barrons)
Some investors said it is possible that Chinese policy makers will pursue a fresh round of economic stimulus that could lead to a sharp rally in China-focused stocks. (wsj)
Disney’s board is in focus as activist investor Peltz considers his next move (cnbc)
Pain Trade Is to Lower Yields, Says Academy’s Peter Tchir (bloomberg)
It’s Disney Earnings Day. Here’s What to Expect. (yahoo)
‘Powell has to be on high alert’: Wharton professor Jeremy Siegel says the Fed needs to consider rate cuts a lot sooner than the market thinks (businessinsider)
‘$4 trillion of cash is sloshing around the sidelines,’ says BlackRock exec. Here’s where he thinks that’s headed. (marketwatch)
China’s economy still in medium-speed growth stage – c.bank advisor (reuters)
Bonds are back in fashion just weeks after a historic rout. Here’s why fixed-income is suddenly luring in hordes of investors – including Warren Buffett. (businessinsider)
Alibaba logistics spin-off Cainiao to boost overseas position with Best buyout (scmp)
Wall Street veteran sees ‘once in a generation buying opportunity’ in unloved areas of global stocks (marketwatch)
Fed likely to cut rates below 3%, making bonds attractive now, Guggenheim says (marketwatch)
Intel Has an Edge on Its Competitors. It’s Not AI. (barrons)
‘Stock-market correction is over’ after broad surge amid ‘epic’ market rallies (marketwatch)
PepsiCo CFO leaves after 13 years, to become Disney’s CFO (marketwatch)
Intel is leading candidate to get billions for defense-chip facilities: report (marketwatch)
China Gives Rare Show of Support to Distressed Developer Vanke (bloomberg)
China’s imports surprise with growth in October, but exports fall more than expected (cnbc)
Stellantis’ new Ram pickup is an EV — with a gas-powered generator in case the battery runs out (cnbc)
The New Headache for Bosses: Employees Aren’t Quitting (wsj)
Fed’s Goolsbee: Slowdown in job growth in October was welcome, as it brought labor market into better balance (marketwatch)
Amazon and Other ‘All Weather’ Stocks That Could Do Fine. (barrons)
There’s a once-in-a-decade opportunity in a sector that pays high dividends. Morningstar’s chief strategist shares 5 stocks trading at discounts not seen since 2009. (businessinsider)
Disney Names PepsiCo Executive Hugh Johnston as Its New Financial Chief (wsj)
Hedge Funds Catapulted Treasury Shorts to Record at Wrong Time (bloomberg)
AliExpress has overtaken Amazon to become Europe’s biggest e-commerce site (daoinsights)
Ant Receives Chinese Government Nod to Roll Out AI Services (bloomberg)
80% of China’s technology companies & half of the large model companies run on Alibaba Cloud (alizila)
China’s Li Vows to Boost Imports, Expand Market Access. Premier also says rights of foreign investors to be protected (bloomberg)
Yellen to Meet With China Counterpart This Week Before Biden-Xi Talks (bloomberg)
The Magnificent Seven are trading at an average price-to-earnings ratio of 41, compared with the equal-weighted S&P 500’s P/E of 15, according to RBA. (barrons)
Citigroup mulls deep job cuts for CEO Jane Fraser’s corporate overhaul, called ‘Project Bora Bora’ (cnbc)
How the market’s forgotten stocks could lead a ‘once-in-a-generation’ buying opportunity (businessinsider)
Empire State Building office occupancy rate tops 90% to buck NYC’s woes (nypost)
Markets Got an Unexpected Boost From Washington. Will It Mark a Turning Point? (wsj)
Disney is the No. 1 cruise line for families, travelers say (cnbc)
Taobao’s generative AI chatbot has been used by more than 5 million people (alizila)
Alibaba Cloud unveiled a suite of industrial models built on Alibaba Cloud’s foundational model, Tongyi Qianwen. The models can boost productivity and enhance user experience for individual and corporate users (alizila)
Who’s Who of China’s Influencers Turbocharge 11.11 Shopping Bonanza (alizila)
Legendary investor Charlie Munger blasted gamblers, touted Heinz and Hermès, and revealed Warren Buffett’s views in a rare interview this week. Here are his 22 best quotes. (businessinsider)
Freshippo Keeps Competitive Edge with Price Cuts (alizila)
Bank of America: Buy these 56 losing stocks that are on the verge of becoming winners, thanks to a little-known investing strategy that has consistently outperformed the market since 1986 (businessinsider)
China, Australia agree to turn the page as tensions ease (reuters)
Hedge funds pile into US stock rally at fastest pace in 2 years – Goldman Sachs (reuters)
Chinese brokerages surge as regulator lowers risk control requirements (scmp)
Jim Cramer gets to the core of Apple after earnings (cnbc)
