Be in the know. 20 key reads for Wednesday…

  1. Fed Officials Signal Divide Over Whether to Hike Rates Again (bloomberg)
  2. Tencent, BYD slam Hong Kong stocks in US$26 billion sell-off (scmp)
  3. Good News for Alibaba and Other Chinese Stocks. UBS Sees 3 Reasons to Be Bullish. (barrons)
  4. Today’s Fed Minutes Could Hold Clues to Future Moves (barrons)
  5. Bank Earnings Are a Big Test. Wall Street Is Banking On a Passing Grade. (barrons)
  6. Warren Buffett says more banks may fail, but he’s willing to bet $1 million that depositors won’t lose money (marketwatch)
  7. 3M, Danaher, and Kellogg Are Spinoff Stock Plays (barrons)
  8. Warren Buffett Is Bullish on Japan. Why Other Investors Should Be Too. (barrons)
  9. Top US Banks to Reveal Biggest Deposit Drop in a Decade (bloomberg)
  10. JPMorgan Calls Managing Directors Into Office Five Days a Week (bloomberg)
  11. Traders Boost Bets on Fed Rate Cuts by Year End After CPI (bloomberg)
  12. Wall Street is wrong: Former Pimco chief economist Paul McCulley sees rate hikes ending next month (cnbc)
  13. Wharton professor Jeremy Siegel reveals his investment plan if a recession hits and reiterates his view that the stock market bottom is in (businessinsider)
  14. “Probably Means The Fed Is Done Hiking”: Wall Street Reacts To “Cooler” CPI Report (zerohedge)
  15. US inflation eased to lowest level in nearly two years in March (ft)
  16. Top Fed officials debate need for further rate rise amid bank stress (ft)
  17. China still a key market for Intel, CEO says in Beijing trip (scmp)
  18. Spring Refining Capacity Fever. The Energy Report 04/12/2023 (Phil Flynn)
  19. Fed Official: ‘We Need to Be Cautious’ on Raising Rates After Bank Failures (wsj)
  20. AI Can Write a Song, but It Can’t Beat the Market (wsj)

Be in the know. 22 key reads for Tuesday…

  1. China Bets $1.8 Trillion of Construction Will Boost Economy (bloomberg)
  2. Alibaba Stock Rises on Launch of ChatGPT Rival. China’s AI Race Is Heating Up. (barrons)
  3. Fintech Jack Henry Is Safe From Banking Turmoil. Buy the Stock While It’s Cheap. (barrons)
  4. Left for dead, the traditional 60/40 investment strategy is about to make a comeback (marketwatch)
  5. Hedge funds have switched out of onshore stocks over the past two months in favour of Chinese stocks listed in Hong Kong and New York: Goldman report (scmp)
  6. Warren Buffett Visits Japan, Boosts Shares In Trading Houses, Weighs Buying More (zerohedge)
  7. Meet Tongyi Qianwen, Alibaba’s chatbot rival to ChatGPT (marketwatch)
  8. Can artificial intelligence reverse the tech downturn? Startups are hiring for the next big thing. (marketwatch)
  9. Why a long, shallow recession is more likely than ‘deep and long credit crunch contraction,’ says Mizuho (marketwatch)
  10. 12 charts show a global recession has already begun (marketwatch)
  11. Warren Buffett to Bolster Stakes in Japan’s Big Trading Houses. Stocks Jump. (barrons)
  12. Warner Bros. Discovery Stock Will Climb on DC Superhero Films: Analyst (barrons)
  13. The $76 Billion Diet Industry Asks: What to Do About Ozempic? (wsj)
  14. Occidental Makes a Billion-Dollar Climate Moonshot—So It Can Keep Pumping Oil (wsj)
  15. Tumbling Money Supply Alarms Economists Who Foresaw Inflation (bloomberg)
  16. CarMax Jumps as Profit on Used Vehicles Drives Earnings Beat (bloomberg)
  17. Intel’s Foundry Bet May Split The Market in Three (bloomberg)
  18. Nobel economist Paul Krugman says this is the best job market in decades, and the Fed doesn’t need high unemployment to bring down inflation (businessinsider)
  19. It’s time for the Fed to pause its war on inflation before it starts dragging down the US economy, top Moody’s economist says (businessinsider)
  20. ‘Succession’ and ‘Dr. Pimple Popper’ Together in New Warner Streaming App (nytimes)
  21. The BOJ Is Collecting Tens Of Billions In Dividends From ETFs It Owns (zerohedge)
  22. Boeing 737 MAX back in service at 11 Chinese airlines, US firm says (scmp)

Be in the know. 18 key reads for Monday…

  1. The coming commercial real estate crash that may never happen (cnbc)
  2. Micron Stock Jumps as Samsung Cuts Chip Output. Why the Sector Is Poised to Rebound. (barrons)
  3. Ford and GM Stock Are ‘Exceptionally Undervalued,’ Says Value-Investing Star (barrons)
  4. Here are Goldman’s 4 things to watch for as gloomiest earnings season since pandemic begins (marketwatch)
  5. Investors looking for further proof of a ‘credit crunch’ just got it, says this strategist. (marketwatch)
  6. Investors View Corporate Earnings Season as Next Test for Stocks (wsj)
  7. Argus adds Intel (INTC) stock to its Focus List, sees it as a ‘deep-value opportunity’ (streetinsider)
  8. The Video Streaming Numbers Game Is Shifting (wsj)
  9. China’s first batch of shares under new IPO system surge in debut (reuters)
  10. Occidental Plans to Suck Carbon From the Air—So It Can Keep Pumping Oil (wsj)
  11. Bond Market Is Overplaying the Risk of a Deep Recession (bloomberg)
  12. Most of Wall Street is panicking about commercial real estate – but Goldman Sachs says there’s little chance it triggers a financial crisis (businessinsider)
  13. A $1.5 Trillion Wall of Debt Is Looming for US Commercial Properties (bloomberg)
  14. What Commercial Real Estate Stress Means for Banks and Bond Funds (bloomberg)
  15. Apple’s 40% Plunge in PC Shipments Is Steepest Among Major Computer Makers (bloomberg)
  16. Taiwan Says China Military Drills Similar to Pelosi Response (bloomberg)
  17. Jon Rahm Comes Back From Behind to Win Masters at Augusta (bloomberg)
  18. An under-the-radar stock market indicator is pointing to more gains ahead (businessinsider)