Be in the know. 29 key reads for Friday…

  1. Hedge fund billionaire David Tepper says he’s loading up on Chinese stocks after the nation’s stimulus bazooka (businessinsider)
  2. China’s biggest stock buying frenzy in years overwhelms exchange (yahoo)
  3. Intel and US race to finalise $8.5bn in chips funding by year’s end (ft)
  4. China stocks see best week since 2008 on stimulus impact as most Asia markets rise (cnbc)
  5. Chinese stocks could surge higher as investors get ‘FOMO,’ Goldman Sachs says (marketwatch)
  6. Arm Is Rebuffed by Intel After Inquiring About Buying Product Unit (bloomberg)
  7. PayPal’s stock is having its best year since 2020, and this is a big reason why (marketwatch)
  8. Alibaba, NIO and Other Chinese Stocks Rise Again. Stimulus Is a Gift That Keeps on Giving. (barrons)
  9. Fed’s Rate Cut Is Jolting Small Businesses to Spend Again (wsj)
  10. Fed’s Preferred Inflation Gauge Cooled in August (wsj)
  11. Boeing’s Union Declines Vote on the Company’s ‘Best and Final’ Offer (barrons)
  12. Wall Street Wants More Big Rate Cuts. Fed Officials Don’t Agree. (barrons)
  13. Why Fed bets were so out of whack: Waller explains what put him ‘over the edge’ for a jumbo rate cut (marketwatch)
  14. CPC Follows Up Monetary Stimulus With Fiscal Measures (chinalastnight)
  15. China ETFs set for best week on record after Beijing fires policy ‘bazooka’ to boost economy. Is it time to jump in? (marketwatch)
  16. Global stock-market capitalization is set to surpass its highest level in three years after the Federal Reserve cut interest rates and China began stimulating its economy this month. (marketwatch)
  17. Why stock-market investors are freaking out over economic data they used to ignore (marketwatch)
  18. Fed Gets a Boost From China Stimulus. How It Impacts U.S. Rate Cuts. (barrons)
  19. PayPal CEO Marks a Year on the Job. The Race for Change at the Fintech Is a ‘Marathon.’ (barrons)
  20. Don’t Wait for More Shoes to Drop. Nike Stock Is a Bargain. (barrons)
  21. Spirits maker Diageo confirmed its outlook for the near and medium term (wsj)
  22. Disney slashes 300 jobs this week as CEO Bob Iger continues belt-tightening (nypost)
  23. Quant Hedge Funds Trapped in Short Squeeze After China Glitch (bloomberg)
  24. Xi’s Big Stimulus Week Aims to Draw a Line Under China Slowdown (bloomberg)
  25. China’s central bank, top political leaders appear to be abandoning a reluctance to act forcefully on the economy (wsj)
  26. When Will Money-Market Funds Lose Their Allure? (wsj)
  27. Why analysts are calling Cava the next Chipotle (cnbc)
  28. Alibaba, Tencent rally as Beijing stimulus plans push China’s tech stocks to 13-month high (cnbc)
  29. Yen bounces back as veteran lawmaker Ishiba wins PM contest (streetinsider)

Be in the know. 20 key reads for Thursday…

  1. Intel Has a Great Chip for the First Time In Years (barrons)
  2. China’s Politburo Supercharges Stimulus With Housing, Rates Vows (bloomberg)
  3. China pledges to ensure fiscal spending among steps signaling urgency (bloomberg)
  4. Hedge Funds Snap Up Chinese Equities on Stimulus Optimism (bloomberg)
  5. House, Senate Approve Spending Bill to Keep Government Open (barrons)
  6. Alibaba’s Singles’ Day preparation includes US$5.7 billion in aid to merchants (scmp)
  7. China Weighs Injecting $142 Billion of Capital Into Top Banks (bloomberg)
  8. China Seeks to Resolve Structural Issues to Shore Up Employment (bloomberg)
  9. Fed’s Kugler Sees Plenty More Rate Cuts Ahead (barrons)
  10. Why now may be a good time to take ‘opportunistic’ profits in gold and silver (marketwatch)
  11. The Policy Dragon Awakens As Mainland China & Hong Kong Rally (chinalastnight)
  12. Visa Is in the Hot Seat. MasterCard and Others Could Benefit. (barrons)
  13. Boeing, Union to Resume Pay Talks as Strike Nears Third Week (bloomberg)
  14. Tracking Hurricane Helene’s Latest Path (bloomberg)
  15. PayPal expands services to allow merchants to buy and sell crypto (cnbc)
  16. Here are the most important days for the stock market between now and the November election, according to BofA (businessinsider)
  17. Wall Street just got another sign that dealmaking is on its way back (finance.yahoo)
  18. Dollar General asks shareholders to reject investment firm’s stock-purchase offer (marketwatch)
  19. China’s yuan continues upward climb after Beijing’s stimulus roll-out (scmp)
  20. Chinese homeowners cheer Beijing’s move to cut mortgage rates by a half point (scmp)

 

“Cowboys Owner Full of Gas” Stock Market and Sentiment Results…

General Market Updates

On Friday, I joined David Lin on “The Lin Report” to discuss implications of the front-loaded 50bps Fed cut.  Thanks to David for having me on.  As always, my conversations with David have a history of going viral and pulling significant engagement.  This was a good one!  Watch here to find out why: Continue reading ““Cowboys Owner Full of Gas” Stock Market and Sentiment Results…”