Thanks to Ruth Carson and David Finnerty for including me in their article on Bloomberg. You can find it here:
Be in the know. 27 key reads for Monday…
- The Band is Back Together. Jack Ma’s proxies (who built the company with him) are fully back in charge: “Alibaba’s Daniel Zhang Exits Chinese Internet Giant Entirely” (investors)
- An Important Shift in Fed Officials’ Rate Stance Is Under Way (wsj)
- China Gen Z Tries to Leisure-Shop Way Out of Jobless Blues (bloomberg)
- China Shows Signs of Stability as Credit, Inflation Improve (bloomberg)
- World Trade Center rebuild revitalized lower Manhattan and brought healing (foxbusiness)
- China bolsters market sentiment by simplifying stock investments for insurers (global)
- China’s easing of property market curbs gives Beijing home sales a boost (reuters)
- China Credit Climbs More Than Forecast as Banks Boost Loans (bloomberg)
- Hedge funds say greenback rally may not be over (investmentnews)
- Dollar tumbles against yen after BOJ head hints that negative interest rates could end (marketwatch)
- 6 Inexpensive Consumer Stocks With Strong Profit Growth (barrons)
- Earnings Estimates Are Rising, a Welcome Sign for 2023 Market Rally (wsj)
- China’s Premier Urges Biden to See His Nation as an Opportunity (bloomberg)
- Hedge Funds Turn Most Bearish on Euro Since January Ahead of ECB (bloomberg)
- Money-center bank Citigroup is Berkshire’s highest-yielding holding on a nominal basis (5.1%). (fool)
- EU downgrades growth forecast and raises inflation expectations (ft)
- Lunch with the FT. ‘He is driven by demons’: biographer Walter Isaacson on Elon Musk (ft)
- China issues strong warning against bets on renminbi depreciation (ft)
- Exclusive: China’s central bank to scrutinise bulk dollar purchases – sources (reuters)
- The Race to Drill America’s Longest Oil and Gas Wells (wsj)
- ‘Elon Musk’ Takeaways: Book Paints Complicated Picture of the World’s Richest Man (wsj)
- Yellen ‘Feeling Very Good’ About Soft Landing for US Economy (bloomberg)
- Just a 10-Day UAW Strike Risks Costing US Economy $5.6 Billion (bloomberg)
- Biden Doubts China Able to Invade Taiwan Amid Economic Woes (bloomberg)
- China’s Consumer Prices Creep Out of Deflation in August (bloomberg)
- Fears about China’s government ban on iPhones are ‘way overdone,’ as the crackdown could impact only 1% of the smartphone’s sales in China: analyst (businessinsider)
- Morgan Stanley says it’s a lonely bull, recommending government bonds (marketwatch)
Be in the know. 15 key reads for Sunday…
- Earnings Estimates Are Rising, a Welcome Sign for the 2023 Market Rally (wsj)
- Alibaba chases B2B expansion in the US with a suite of enhanced tools (technode)
- The World’s 50 Most Valuable Sports Teams 2023 (forbes)
- China’s Shanghai Composite Stock Index Nearing “Decision Time!” (kimblechartingsolutions)
- The Tension Driving the UAW Strike Threat (wsj)
- Important Shift in Fed Officials’ Rate Stance Is Under Way (wsj)
- “China’s economic recovery rate is leading among major global economies,” Xi said. China’s growth rate was 5.5% during the first half of the year compared with a year earlier, though that result was boosted by strong activity in the early part of 2023. “The long-term positive fundamentals haven’t changed,” he said. (wsj)
- The Rich and Famous Love This Banker, Even If She’s a Little Mean to Them (wsj)
- 10 Biotech Stocks with Biggest Upside (insidermonkey)
- Cybertruck spied with updated interior (techcrunch)
- Saudi Arabia Is Pouring Money in Sports. Is Tennis Next? (nytimes)
- Is this a great country or what? (scottgrannis)
- Apple Wonderlust 2023: iPhone 15 Pro will be 10% lighter but come with a long battery life (firstpost)
- Elon Musk is on a mission to create the world’s first AGI, an AI that is as smart as humans (firstpost)
- The Inflation Reduction Act Could be the New, New Deal (worth)
Tom Hayes – Quoted in Barron’s article – 9/8/2023
Thanks to Jacob Sonenshine for including me in his article in Barron’s today. You can find it here:
Click Here to View The Full Article at Barron’s
Be in the know. 15 key reads for Saturday…
- A New Stock Market High Looks Far Away. There’s a Lot at Stake. (barrons)
- No other investor has a life story quite as unbelievable as Li Lu (ft)
- Disney execs reportedly think Bob Iger’s ‘end game’ is to sell company to Apple (nypost)
- Walmart to open police ‘workspace’ inside Atlanta store as shoplifting epidemic rages (nypost)
- Manhattan’s private clubs thrive in a new Gilded Age (ft)
- Undervalued by Nearly 40% and Yielding Almost 5%, This Stock Is a Buy (morningstar)
- Disney Fight Marks Cable TV’s Last Stand (wsj)
- His Ferrari Is Built for Family Life (wsj)
- Intel poised as ‘domestic winner’ for semiconductor fabs if U.S.-China trade war gets hotter (marketwatch)
- Stellantis offers 14.5% pay increase to UAW, days before possible strike (cnbc)
- Disney Spells Out Details of Hulu Negotiations With Comcast (bloomberg)
- Air Travel Is Still Recovering. Buy This Stock. (barrons)
- Taiwan Semi’s August Sales Point to a ‘Good Start,’ Says Analyst (barrons)
- These 6 Food Stocks Have Gotten Hit Hard. It’s Time to Chow Down. (barrons)
- The Ultimate Off-Road Adventure In A Ford Bronco Badlands SUV (maxim)
Hedge Fund Tips with Tom Hayes – VideoCast – Episode 203
Hedge Fund Tips with Tom Hayes – Podcast – Episode 193
Where is money flowing today?
Be in the know. 15 key reads for Friday…
- Walgreens Is Looking for a New CEO. Why That Could Make the Stock a Winner. (barrons)
- 3 reasons why the stock market could still rally in the historically weak month of September, according to Fundstrat (businessinsider)
- Here’s why Wall Street may be overreacting to Apple’s challenges in China (marketwatch)
- Banks Are Stuck in a Rut. A Buyout Wave Could Be Building. (barrons)
- Disney Stock Falls to a Nearly 10-Year Low. Why It’s Still a Buy. (barrons)
- ARM IPO Lets Wall Street Return to What It Does Best (barrons)
- Fed’s Logan Favors Skipping Rate Hike. The Path Ahead Is Delicate. (barrons)
- Why Higher Unemployment Is Good News Now (wsj)
- GM’s Counteroffer to UAW Shows Big Gap Remains as Strike Deadline Looms (wsj)
- Apple Becomes the Biggest U.S.-China Pawn Yet (wsj)
- Huawei Debuts Even More Powerful Phone While Controversy Swirls (bloomberg)
- Fed’s Williams Says Policy in Good Place, Must Be Data Dependent (bloomberg)
- Disney drops all but free speech claim in political retaliation suit against DeSantis (cnbc)
- Walmart is reportedly lowering pay for some new hires. Do employers have the upper hand now? (marketwatch)
- Trade Data Exceeds Expectations, Headlines Cost Apple Shareholders $100 Billion (chinalastnight)