Category: What I’m Reading Today

Be in the know. 18 key reads for Tuesday…

  1. China’s internet sector expands in first half amid economic recovery efforts (scmp)
  2. S., China Agree on Steps to Ease Trade Tensions (wsj)
  3. Gina Raimondo, the U.S. commerce secretary, said Washington did not want to “decouple” from China. (nytimes)
  4. Chinese Stocks Are in a Slump—and Value Investors Are Excited (wsj)
  5. China Banks to Cut Rates on Mortgages, Deposits in Stimulus Push (bloomberg)
  6. Markets Show China Needs a Stimulus ‘Bazooka’ to Woo Investors (bloomberg)
  7. China Pledges to Speed Up Fiscal Spending (bloomberg)
  8. Raimondo Stresses Optimism on Economic Ties With China’s Premier (bloomberg)
  9. Raimondo Says US Firms Tell Her China Is Becoming Uninvestable (bloomberg)
  10. Wall Street Reels From Painful August as Winning Trades Go Sour (bloomberg)
  11. 3M settles lawsuit over earplugs after a June settlement of up to $12.5B for so-called forever chemicals. (marketwatch)
  12. After calling the S&P 500’s climb this year, this strategist says hang on, the gains aren’t over. (marketwatch)
  13. Elon Musk’s futuristic Cybertruck nears debut as Tesla aims to win over skeptics (nypost)
  14. These financial market signals are telling a different story about China’s economy (businessinsider)
  15. Pinduoduo (PDD) rallies 12% on massive Q2 beat (streetinsider)
  16. Markets are not signaling doom and gloom for China’s economy (ft)
  17. Commerce secretary says US wants to work with China (reuters)
  18. Raimondo Says Trade Can Stabilize China Ties (bloomberg)

Be in the know. 20 key reads for Monday…

  1. 3M Stock Soars on Reported Earplugs Settlement. $5.5 Billion Is a Win for Investors. (barrons)
  2. U.S. and China Agree to Broaden Talks in Bid to Ease Tensions (nytimes)
  3. Chinese Shares Rally After Beijing Cuts Tax on Trades (barrons)
  4. Markets Show China Needs a Stimulus ‘Bazooka’ to Woo Investors (bloomberg)
  5. 3M Agrees to Pay More Than $5.5 Billion Over Combat Earplugs (bloomberg)
  6. Powell sounds ‘like a man who thinks he is probably done raising rates’: Evercore’s Guha (marketwatch)
  7. How the Stock Market Performs After Jackson Hole, According to History (barrons)
  8. China stocks climb after authorities attempt to lure investors with stock tax cut, other moves (marketwatch)
  9. Utilities Face a Growing Dilemma: Shut Off Power or Risk Wildfires (wsj)
  10. ‘Look, Muffy, a Book for Us.’ The 1980s Preppy Handbook Is Again a Must-Read. (wsj)
  11. U.S. Commerce Secretary Faces a Wide Range of Issues in China (nytimes)
  12. Auto Union Boss Wants 46% Raise, 32-Hour Work Week in ‘War’ Against Detroit Carmakers (bloomberg)
  13. Why Tractor Supply Is One of the Most Interesting Retailers on the Planet (bloomberg)
  14. How to Become a Professional Cornhole Player (bloomberg)
  15. China Extends Preferential Tax Policies for Foreigners to 2028 (bloomberg)
  16. US and China agree to export control information dialogue (reuters)
  17. US Commerce chief raised Micron, Intel with Chinese officials (reuters)
  18. Tech IPOs are coming back — now they have to perform (cnbc)
  19. Bank of America: Hedge funds are unusually bullish about these 20 stocks as they brace for tough times in markets (businessinsider)
  20. This beaten-down Brazilian stock is ‘too cheap to ignore’, could rally 50% – Citi (streetinsider)

Be in the know. 15 key reads for Sunday…

  1. Alipay declares live commerce ambitions in pre-IPO growth chase (technode)
  2. China Cuts Stock Trade Tax, Tightens IPOs to Boost Market (bloomberg)
  3. Bob Iger Tweaks Disney’s Strategy on Streaming (nytimes)
  4. Falling 10-Year Yield Rallies Stocks On Seasonal Cue (Almanac Trader)
  5. How The Steep Decline In Chinese Tourists Will Cost The U.S. More Than $20 Billion (forbes)
  6. Analysis: Case builds for China’s banks to cut deposit rates (reuters)
  7. Remote workers are treating their jobs like gig-work, and it’s turning them into the most disconnected employees (fortune)
  8. China’s economy is in desperate need of rescue (economist)
  9. Entrepreneur Rande Gerber on Making His Own Convertible and Why Free Time Is the Ultimate Luxury (robb report)
  10. Not Your Grandad’s MG: The New All-Electric Cyberster Will Churn Out 536 HP of Pep (robb report)
  11. Five takeaways from Instacart’s S-1 filing (techcrunch)
  12. Cape Cod, Nantucket, and Martha’s Vineyard Travel Guide (mensjournal)
  13. This Is What We Just Learned In Jackson Hole (bloomberg)
  14. AI is entering its ‘Napster’ phase. This is who’s going to ‘own’ it next (fastcompany)
  15. The Ferrari 550 Maranello Does Something No Modern Supercar Can (roadandtrack)

Be in the know. 18 key reads for Saturday…

  1. Despite What Powell Says, the Fed Is Likely Done (wsj)
  2. U.S. stocks end higher after Fed Chair Powell’s Jackson Hole remarks, S&P 500 snaps 3-week losing streak (marketwatch)
  3. ‘This is a no-rules market’. Goldman strategist explains why recent stock moves have confounded traders. (marketwatch)
  4. Fed Chairman Jerome Powell Kept His Jackson Hole Speech Vague, and That’s No Accident (barrons)
  5. Instacart files to go public on Nasdaq to try and unfreeze tech IPO market (cnbc)
  6. A co-investment chief at billionaire investor Mario Gabelli’s firm shares 3 stocks with strong pricing power he’s betting on as inflation remains sticky — including one that could surge 53% (businessinsider)
  7. UAW Authorizes Strike Against Ford, GM. Don’t Overreact to the News. (barrons)
  8. Autoworkers Vote to Authorize Strikes if Negotiations Fail (nytimes)
  9. 3M Has Legal Problems. A Small One Just Got Resolved. (barrons)
  10. Everything China Is Doing to Juice Its Flagging Economy (bloomberg)
  11. Why stocks can still make run for record highs in months to come, analyst says (marketwatch)
  12. Shein partners with Forever 21 in fast-fashion deal that will expand reach of both companies (cnn)
  13. Is Value Investing as Cheap as It’s Ever Been? (morningstar)
  14. SoftBank seeks to build investment war chest on back of Arm IPO (ft)
  15. China imports record amount of chipmaking equipment (ft)
  16. Catastrophic Weather Is Wreaking Havoc With Insurance. These Companies Can Handle the Storm. (barrons)
  17. Hong Kong Turns to Tycoons to Get Party Scene Back on Track (bloomberg)
  18. Opinion: 4 reasons to start buying the August stock-market weakness — and what to buy (marketwatch)

Be in the know. 15 key reads for Friday…

  1. US Commerce Secretary’s China Trip Has a Chance of Success That Eluded Others (bloomberg)
  2. Alibaba launches AI model that can understand images and have more complex conversations (cnbc)
  3. Vanguard says value stocks haven’t been this cheap vs. growth since the COVID outbreak (marketwatch)
  4. China Regulator to Meet Global Investors to Shore Up Market (bloomberg)
  5. China Eases Home Purchase Rules in New Push to Boost Economy (bloomberg)
  6. U.S. central bank has earned the right to take its time with interest-rate decisions, Boston Fed’s Collins tells MarketWatch in Jackson Hole interview (marketwatch)
  7. How Jackson Hole Became an Economic Obsession (nytimes)
  8. China Deserves Long-Term Strategic Asset Allocations: Chen (bloomberg)
  9. Detrick: Favor small-caps and cyclicals, which do well with higher yields (cnbc)
  10. Exclusive: China plans to cut stamp duty on stocks by up to 50% to revive confidence-sources (reuters)
  11. China offers tax breaks to home buyers, finance ministry says (marketwatch)
  12. Investor sentiment turns sour after a bad month for stocks – here’s why that’s a bullish sign. (businessinsider)
  13. If the UK stock market is cheap, why doesn’t it go up? (ft)
  14. China imports record amount of chipmaking equipment (ft)
  15. Powell’s pivotal speech Friday could see a marked shift from what he’s done in the past (cnbc)

Be in the know. 16 key reads for Thursday…

  1. China Urges Banks to Boost Stock Investments to Support Market (bloomberg)
  2. Wall Street is an early bull market: Ken Fisher (foxbusiness)
  3. This Pro Is High on China, ETFs, Today’s Markets—and the Future (barrons)
  4. Hong Kong Gains, Raimondo Meets With China’s Ambassador To US (chinalastnight)
  5. China quietly recruits overseas chip talent as US tightens curbs (reuters)
  6. Will Powell crush stocks again during Friday’s Jackson Hole speech? Here’s one reason investors shouldn’t worry. (marketwatch)
  7. Nvidia Stock Surges After Stellar Earnings. What Wall Street Is Saying. (barrons)
  8. Splunk Has Been Overshadowed by Nvidia. The Stock’s About to Rally. (barrons)
  9. SPAC values cut in half, Chamath Palihapitiya tells investors not to be victims (marketwatch)
  10. He’s the World’s Best Golfer. But Can He Sink a Putt? (wsj)
  11. Forget overpriced mega-cap tech: Goldman Sachs identities 50 stocks across 15 industries set to be the true long-term beneficiaries of AI adoption from increased labor productivity (businessinsider)
  12. Billionaire David Tepper Pours Millions Into These 2 ‘Strong Buy’ Stocks; Goldman Sachs Says They Offer Solid Upside — Here’s Why They Draw Plaudits Across the Board (finance.yahoo)
  13. Powell Is Using Jackson Hole as Final Push in Inflation Fight (finance.yahoo)
  14. China’s new accounting rules on enterprise data resources to have ‘greater impact’ on Big Tech firms, telecoms network operators (scmp)
  15. US jobless claims fall as labor market remains tight (reuters)
  16. China Tech Names Are Something We Can Look Into (bloomberg)

Be in the know. 10 key reads for Wednesday…

  1. China must not panic over deflation and reinflate a bubble (scmp)
  2. Making Sense Of The China Meltdown Story (gavekal)
  3. From one of our loyal VideoCast viewers: Cooper-Standard Holdings: An Impressive Turnaround Story That’s Just Getting Started (seekingalpha)
  4. For the full year, Advance now sees sales coming in at about $11.3 billion, up a little from prior guidance of $11.25 billion. (barrons)
  5. Bank of America Trading Desks Gain Ground With More Capital, Headcount (bloomberg)
  6. Goldman Sachs cancels ‘Summer Fridays,’ wants employees in office 5 days a week (marketwatch)
  7. Column: A US-China detente to avoid ‘fiscally assured destruction?’ (reuters)
  8. Kelcy Warren purchases nearly $40 million in Energy Transfer shares (finance.yahoo)
  9. Betting Against U.S. Debt Has Cost Ackman This Year (institutionalinvestor)
  10. China’s Services Sector Emerges as Bright Spot (bloomberg)

Be in the know. 20 key reads for Tuesday…

  1. Sudden Rally in China Stocks Has Traders Scratching Their Heads (bloomberg)
  2. U.S. Commerce secretary set to visit China as high-level talks continue (cnbc)
  3. PayPal’s stock could be near its ultimate bottom, analyst says (marketwatch)
  4. BABA Reportedly Establishes T-head Company in Beijing to Expand Integrated Circuit Sales (aastocks)
  5. Baidu Smashes Estimates (barrons)
  6. China Was Meant to Be the Travel Sector’s Next Tailwind. Why It Still Can Be. (barrons)
  7. It Will Be Earnings—Not Bond Yields—That Finishes 2023’s Rally (barrons)
  8. The Worker Bidding War Is Over. Companies Are Cutting Pay for New Hires. (wsj)
  9. The Arm IPO Will Test Investors’ AI Conviction (wsj)
  10. China’s Firmer Stance on Yuan Sparks Relief in Emerging Markets (bloomberg)
  11. Satya Nadella Says AI Is a Tidal Wave as Big as the Internet (bloomberg)
  12. How to View China’s Cautious Stimulus (bloomberg)
  13. China Ramps Up Fight With Yuan Bears (bloomberg)
  14. Stocks are still much better than bonds for generating long-term wealth, Wharton professor Jeremy Siegel says (businessinsider)
  15. There are 2 big catalysts that could spark a stock market rally this week, according to Fundstrat (businessinsider)
  16. Mark Zuckerberg’s new ‘in-person time policy’ will crack down on Meta’s remote work rebels (finance.yahoo)
  17. Nvidia may be the AI stock for now, but here are the picks for later, says Goldman Sachs (marketwatch)
  18. Hawaiian Electric says it’s not planning a restructuring after Maui wildfires, but seeking advice to ‘endure’ as a strong utility (marketwatch)
  19. analysis | China’s underwhelming rate cuts aimed to ‘protect bank profit margins’ (scmp)
  20. Oppenheimer’s John Stoltzfus on why he’s keeping his 4,900 price target for the S&P 500 (cnbc)

Be in the know. 15 key reads for Monday…

  1. The Fed’s Jackson Hole Meeting Is Powell’s Big Moment (barrons)
  2. Analysis: Why PayPal’s stablecoin is likely to succeed where Facebook’s Libra failed (reuters)
  3. Visa and Mastercard Are Under Attack. They Will Do Just Fine. (barrons)
  4. Parents shift to Venmo, PayPal, Zelle to pay teens (foxbusiness)
  5. Will August stock-market stumble turn into a rout? Here’s what to watch, says Fundstrat’s Tom Lee. (marketwatch)
  6. Rates in China Cut Again, but by Less Than Expected (wsj)
  7. Kraft Heinz Sees a $25 Billion Opportunity—in Schools (wsj)
  8. Macau Reclaims Crown From Vegas as World’s Top Gambling Hub (wsj)
  9. After 10 Years of My Ride, Our Writer Reveals What He Drives. Hint: It’s Not a Porsche. (wsj)
  10. China Urges More Loans, Debt Risk Reduction as Woes Compound (bloomberg)
  11. China’s financial regulators urge support for resolving local debt risks (cnbc)
  12. Pessimism about China’s property market overblown, says veteran economist (scmp)
  13. Shanghai vows 2-hour project approvals to woo foreign investments (scmp)
  14. Why a default isn’t the worst possible news for Country Garden (scmp)
  15. Bilibili Reports Q2, Officials Signal More Stimulus, Week in Review (chinalastnight)

Be in the know. 15 key reads for Sunday…

  1. An Auto-Parts Retailer Crashed—It Can Be Fixed (wsj)
  2. China unveils measures to revive stock market (reuters)
  3. China Urges More Loans, Debt Risk Reduction as Woes Compound (bloomberg)
  4. Lamborghini, Ferrari, Rolls-Royce: The Best Debuts at Monterey Car Week (bloomberg)
  5. How to Get Rich and Famous From a Stock Market Crash (wsj)
  6. This New 263-Foot Superyacht Has a Grecian-Inspired Beach Club That Belongs in a 5-Star Hotel (robbreport)
  7. Aston Martin Goes Topless With DB12 Volante Convertible (maxim)
  8. Alibaba Cloud launches AI video creation tool Live Portrait (technode)
  9. China’s internet regulator talks with foreign firms to address concerns over new data law (technode)
  10. Is the U.S. Economy Really Growing by 5.8%? Not So Fast (barrons)
  11. China set to cut lending rates as economic recovery drags (ft)
  12. China Local Governments to Sell $206 Billion of Financing Debt (bloomberg)
  13. GLP-1 Drugs Are Coming, and They Could Change Everything (bloomberg)
  14. Is there a ‘life hack’ to break 80 for the first time? 2 top teachers have an idea (golf)
  15. TIPS vs Gold: which is the better inflation hedge? (scottgrannis)