Be in the know. 10 key reads for Wednesday…

  1. US Insider Selling Soars To 3 Year High As China Buybacks Surge To Record (zerohedge)
  2. 2 trillion yuan fund could offer China’s stock market ‘instant’ lift: think tank (scmp)
  3. Bank of America CEO Urges Fed to Not Go Too Hard on Rates (bloomberg)
  4. Traders’ enthusiasm for stocks returns to level seen just before 10% drop last year (marketwatch)
  5. America Is Primed for a Home-Renovation Resurgence (wsj)
  6. Starbucks Suspends Guidance as Sales Slump Persists (wsj)
  7. Apple Intelligence Isn’t Very Smart Yet—and Apple’s OK With That (wsj)
  8. Trump says car loan interest deduction will only apply to US-made vehicles: ‘Don’t want it to benefit other countries’ (nypost)
  9. Disney World annual pass prices jump overnight, and that’s not all (usatoday)
  10. Singles Day Pre Sales Start (chinalastnight)

Be in the know. 12 key reads for Tuesday…

  1. Fed’s Daly Says She Doesn’t See Reasons to Stop Cutting Rates (bloomberg)
  2. Intel (INTC.US) Plans to Form Foundry Alliance with Samsung: Report (aastocks)
  3. GM raises 2024 earnings guidance after easily topping Wall Street’s third-quarter expectations (cnbc)
  4. After resisting calls to intervene, Beijing has made a sudden U-turn. But will the package be enough to get the economy back on track? (ft)
  5. Jacobson noted some of the company’s third-quarter outperformance was assisted by the automaker pulling ahead some truck production from the fourth quarter, which represented a $400 million boost in adjusted earnings. (cnbc)
  6. Opinion: The stock market is ready for its melt-up as investors ignore growing risks (marketwatch)
  7. The Wall Street Veteran Leading Disney’s Search for Iger’s Replacement (wsj)
  8. Tim Cook on Why Apple’s Huge Bets Will Pay Off (wsj)
  9. China’s Capital Inflow Jumps in September as Firms Shift to Yuan (bloomberg)
  10. China’s home sales gain momentum as stimulus repairs confidence (scmp)
  11. Mainland Investors Cheer Loan Prime Rate Cut (chinalastnight)
  12. Chinese share buybacks hit record high as Beijing steps up support (ft)