Thanks to Samrhitha Arunasalam and Chavi Mehta for including me in their article on Reuters today. You can find it here:
Hedge Fund Trade Tip (PIN) – Position Idea Notification
Hedge Fund Trade Tip (PIN) – Position Idea Notification
Be in the know. 30 key reads for Wednesday…
- China Leaders Surprised by Pace of Economy’s Rebound (bloomberg)
- China Manufacturing rebounds to expansionary territory in February, ending six months of contraction (seekingalpha)
- 3M stock bounces more than 2% after saying DoD records show nearly 90% of plaintiffs in Combat Arms litigation had no hearing impairment (marketwatch)
- Alibaba and China Stocks Are Rallying. Chinese Growth Means Lockdown Pain Is in the Past. (barrons)
- China Scrambles To Save Plummeting Birth Rate With Pregnancy Perks (zerohedge)
- Property developer China Vanke to raise $500 mln via share placement – term sheets (reuters)
- Billionaire Mittal’s Airtel Africa to Boost Spending 14% in 2023 (bloomberg)
- China’s premium EV makers report stronger sales in February (scmp)
- Chinese manufacturing hub Suzhou pushes local chip sector expansion in 2023 (scmp)
- Hong Kong stocks surge by most in 3 months as data signals China rebound (scmp)
- M2 Money Supply Just Dropped the Most Ever. What That Says About the Fed’s Next Move. (barrons)
- Mainland Investors Ask Foreign Investors “Do You See What I See?” (chinalastnight)
- China’s Post-Covid Bounce Has Arrived (wsj)
- China’s Economy Starts to Emerge From Covid Shadow (wsj)
- The 20-Somethings Fueling a Stick-Shift Renaissance (wsj)
- The CHIPS Act Is About More Than Chips: Here’s What’s in It (nytimes)
- YouTube to Add AI-Powered Tools for Video Creators, New CEO Says (bloomberg)
- PayPal Is Searching for a CEO Who Can Reverse Its $279 Billion Stock Drop (bloomberg)
- Corporate America’s Earnings Quality Is the Worst in Three Decades (bloomberg)
- World’s Rich Take Advantage as $1 Trillion Property Market Craters (bloomberg)
- From Chips to TikTok, Gina Raimondo Is at the Center of Biden’s China Policy (bloomberg)
- Forget Chatbots, This Is How Corporate America Is Really Using AI (bloomberg)
- World’s biggest shipping company, a U.S.-China trade bellwether, isn’t talking like recession is coming (cnbc)
- FDA Widens Path for Rare-Disease Treatments With New Approval (wsj)
- S. Aims to Chart New Course for Chip Industry (wsj)
- Wall Street Traders Have Lost Much of Their Swagger (bloomberg)
- Institutional Investors Are Using Reddit to Make Investment Decisions. Here’s Where They Lurk. (institutionalinvestor)
- Chinese factory activity expands at fastest pace in more than a decade (ft)
- France mounts battle for nuclear energy in Europe (ft)
- Chinese factories launch charm offensive for buyers after Covid isolation (ft)
Where is money flowing today?
Be in the know. 20 key reads for Tuesday…
- The bullish case for large-cap growth stocks: Strategist says buy the dips in these big names (marketwatch)
- Taking stock Grocery king reveals how he went from college dropout to self-made billionaire (nypost)
- Goldman Needs to Hit the Reset Button With Investors (barrons)
- Warren Buffett May Be Sending a Message to His Successor: Buy More Berkshire Stock (barrons)
- Corporate Stock Buybacks Help Keep Market Afloat (wsj)
- Apartment Rents Fall as Crush of New Supply Hits Market (wsj)
- Chris Rock Is Finally Ready to Talk About Will Smith’s Oscar Slap (wsj)
- Pentagon to Reap Rewards From $53 Billion Chips Act (wsj)
- America Is Trying to Electrify. There Aren’t Enough Electricians. (wsj)
- Goldman Sachs bankers bristle at CEO David Solomon’s pay ahead of yearly ‘Investor Day’ (nypost)
- Amyloid Gains Converts in Debate Over Alzheimer’s Treatments (wsj)
- Biden’s Semiconductor Plan Flexes the Power of the Federal Government (nytimes)
- Fed Worries Over Economic Risks From Prolonged Debt-Limit Talks (bloomberg)
- More US Homebuyers Are Paying in Cash, Sweeping a Majority of Sales in Some Markets (bloomberg)
- Steve Eisman of ‘The Big Short’ fame is buying bonds ‘for first time in a long time.’ says days of tech stocks beating market are over (marketwatch)
- China may now have some doubts about its ability to invade Taiwan, CIA chief says (marketwatch)
- Elon Musk looks to develop AI rival to ‘woke’ ChatGPT: report (nypost)
- Twilio (TWLO) gains as CEO buys $10 million in stock (streetinsider)
- When interest payments on the national debt could reach $1.4T: CBO (foxbusiness)
- Tech war: US chip firms walk a ‘tightrope’ as they try to keep China business up amid escalating sanctions, experts say (scmp)
Tom Hayes – Quoted in Reuters article – 2/28/2023
Thanks to Manya Saini for including me in her article on Reuters today. You can find it here:
Click Here to View The Full Reuters Article
Where is money flowing today?
Insider Buying in Energy Transfer LP (ET)
Be in the know. 23 key reads for Monday…
- Apartment Rents Fall as Crush of Supply Hits Market (wsj)
- An acceleration of digitalisation is crucial to fully promoting China’s ‘great rejuvenation’, says road map released by ruling Communist Party (scmp)
- Opinion: ‘We remain in the soft-landing club’: Strategist Ed Yardeni’s bullish scenario puts S&P 500 up more than 20% by end of 2023 (marketwatch)
- Several tech firms in China, including Alibaba and Tencent, have committed to releasing their own chatbots that can rival OpenAI’s (scmp)
- Star Banker in China Who Vanished Is Said to Be Aiding Government Inquiry (nytimes)
- Pfizer in Talks to Buy Seagen for $30 Billion or More (barrons)
- The Forward Discount Investors Accept or Deny (finomgroup)
- Why Warren Buffett Doesn’t Worry Much When the Market Goes Down (barrons)
- The Dot-Com Bubble Peaked 23 Years Ago. The Nasdaq Has Barely Beaten Inflation Since Then. (barrons)
- Covid-Era Savings Are Crucial to China’s Economic Recovery (wsj)
- ChatGPT Heralds an Intellectual Revolution (wsj)
- This is what Warren Buffett, a self-described ‘so-so investor,’ says is his ‘secret sauce’ (marketwatch)
- Bets on a rise in Wall Street’s fear gauge swell to most since March 2020 (wsj)
- ‘You can learn a lot from dead people.’ Charlie Munger, Warren Buffett’s 99-year-old partner, doles out investing wisdom. (marketwatch)
- Amyloid Gains Converts in Debate Over Alzheimer’s Treatments (wsj)
- Chinese E-Commerce Flourishes on U.S. Soil (wsj)
- Warren Buffett’s Slap at Buyback Illiterates Rings True (wsj)
- Confused about what’s causing inflation? This metric shows what’s driving the price rise. (marketwatch)
- New Salesforce Has to Keep Selling (wsj)
- Goldman Sachs Sets $30 Billion Repurchase Plan as Buyback Pace Climbs (bloomberg)
- Fewer S&P 500 companies mention ‘inflation’ during earnings calls despite elevated concern over price pressures (marketwatch)
- JPMorgan Says Prepare to Dump Value Stocks for Growth (bloomberg)
- US companies say it is easier to hire despite low jobless rate (ft)