Be in the know. 40 key reads for Tuesday…

  1. Meme Stock Billionaire Ryan Cohen Buys Into Alibaba (bloomberg)
  2. Why Biotech Is Poised for a Recovery This Year (wsj)
  3. The worst is over for the global chip shortage, ABB chairman says: ‘I’m quite optimistic’ (cnbc)
  4. China’s economy could recover faster and earlier than expected, analysts say (cnbc)
  5. Fund manager allocation to U.S. stocks in January collapses, BofA survey finds (reuters)
  6. Chinese stocks have been on a tear. Morgan Stanley says it’s turning even more bullish on China. (marketwatch)
  7. US-China Trade is Close to a Record, Defying Talk of Decoupling (bloomberg)
  8. China’s Liu says growth rate can recover (marketwatch)
  9. Activist Investor Ryan Cohen Takes Stake in Alibaba and Pushes for More Stock Buybacks (wsj)
  10. Meme-stock billionaire Ryan Cohen has built a stake in Chinese tech giant Alibaba worth hundreds of millions and is reportedly ready to push for share buybacks (businessinsider)
  11. Meme Stock Icon Cohen Buys Into Alibaba in Rare China Activism (bloomberg)
  12. Meme Stock Billionaire’s Alibaba Wager Risks Clash With Beijing (bloomberg)
  13. Rebellion Against Higher Prices Helps Slow Inflation (wsj)
  14. Big-Spending Chinese Tourists Are Coming Back, but Slowly (wsj)
  15. China’s vice premier says country is open to foreign investors (marketwatch)
  16. Demand Is Still Weak. But Bottom in Sight for Builders. (barrons)
  17. Rents Take a Breather (barrons)
  18. How a ‘triple-barreled buy signal’ and other green flags could send the S&P 500 20% higher, says this money manager (marketwatch)
  19. Morgan Stanley cuts U.S. dollar forecast further, less than three weeks into new year (marketwatch)
  20. Fund managers are ‘a lot less bearish’ than in the fourth quarter, Bank of America’s latest poll finds (marketwatch)
  21. China reports first population drop in decades as birthrates plunge (marketwatch)
  22. China’s growth falls to second-lowest level in decades last year, but is improving (marketwatch)
  23. China’s Economy Stumbled Last Year, With Covid Lockdowns Hobbling Growth (nytimes)
  24. Job-openings data are missing a recent upturn in layoffs, Goldman economist says (marketwatch)
  25. Why the Bank of Japan is the ‘hottest story in town’ for traders (marketwatch)
  26. EVs Made Up 10% of All New Cars Sold Last Year (wsj)
  27. Yellen, Top Chinese Official to Meet, Try to Smooth Economic Ties (wsj)
  28. Can India Emerge as a Rival to China? (wsj)
  29. Big Tech Stops Doing Stupid Stuff (wsj)
  30. China Declares Its Reopening After Covid Isolation (wsj)
  31. The looming debt-ceiling crisis is too big for the Fed to ignore (nypost)
  32. Sickle Cell Cure Brings Mix of Anxiety and Hope (nytimes)
  33. Worrying About the Fed Is So Last Year. Here’s Why (bloomberg)
  34. BMW Bringing Back ‘Knight Rider’ Is the Easy Part of Software Shift (bloomberg)
  35. Goldman Tumbles After Big Revenue, EPS Miss; Loan Loss Provisions Soar 183% (zerohedge)
  36. Visualizing The Most Valuable Brands From 2000–2022 (zerohedge)
  37. Alibaba Bulls See $140 Billion Rally Extending on Cohen’s Buy (yahoo)
  38. Is It Time To Buy Growth Stocks Again? (institutionalinvestor)
  39. The Big Read. How Apple tied its fortunes to China (ft)
  40. World Economic Forum panellists play up growth prospects after China reopening (scmp)

Be in the know. 17 key reads for #MLKDay2023…

  1. Chinese Provinces Mostly Target Growth of 5% or More in 2023 (bloomberg)
  2. As China reopens and data surprises, economists are starting to get less gloomy (cnbc)
  3. Paul Krugman says the Fed’s pessimistic view of inflation feels a bit desperate, now that price pressures are cooling rapidly (businessinsider)
  4. From Disciplinarian to Cheerleader: Why China Is Changing Its Tone on Business (nytimes)
  5. Yellen Sets Surprise US-Chinese Meeting With Liu in Switzerland (bloomberg)
  6. As China Tech Stocks Roar Back, a New Normal Will Test Upside (bloomberg)
  7. Volkswagen Sees China Market Accelerating After Tough First Quarter (bloomberg)
  8. US Dollar Shorts Become Favorite Trade as Fed Seen Slowing Hikes (bloomberg)
  9. Didi Wins Okay to Relaunch Apps as China Tech Crackdown Ebbs (bloomberg)
  10. China Bad-Debt Firms Plan Property Support of Up to $24 Billion (bloomberg)
  11. Alibaba and Other Chinese Stocks Are Soaring as Tech Clampdown Eases (barrons)
  12. Alibaba Seeks to Boost Sales Abroad With Buy Now, Pay Later (wsj)
  13. Elon Musk slams the Fed’s tightening campaign again: ‘The higher the rates, the harder the fall’ (businessinsider)
  14. ‘If they’re flying, they’re buying’: Boeing (BA) 737 MAX returns to service in China (streetinsider)
  15. Amazon (AMZN) has the ‘most attractive risk-reward skew’ – Goldman Sachs (streetinsider)
  16. Dazed and Exhausted Stock Buyers Can Finally Catch Their Breath (yahoo)
  17. Charlie Munger: How to Invest in Stocks and Real Estate (gurufocus)

Be in the know. 20 key reads for Sunday…

  1. Amazon Leads Rebound in Battered Tech as Traders Reload on Risk (bloomberg)
  2. European stocks shine on lower energy prices and China boost (ft)
  3. Can Lula put Brazilian democracy back together again? (ft)
  4. Nearly All of Beijing to Get Covid by End of January, Study Finds (bloomberg)
  5. The 10 Best Companies to Invest in Now (morningstar)
  6. Wharton professor Jeremy Siegel says stocks are on the cusp of a new bull market (businessinsider)
  7. Nelson Peltz on Disney fight: We’ve already made an impact, but there is so much more we can do (cnbc)
  8. The Art and Science of Spending Money (collabfund)
  9. DoubleLine Round Table Prime, 2023 – Part 1: Macroeconomic State of Play 1-4-23 (Gundlach)
  10. Why Better Days for Small Cap May Be Ahead (royce)
  11. #351 – MrBeast: Future of YouTube, Twitter, TikTok, and Instagram (lexfridman)
  12. More than half of CPI components are in deflation mode, and that’s great news for the stock market, Fundstrat says (businessinsider)
  13. China’s government is buying Alibaba and Tencent shares (businessinsider)
  14. Schroders gets nod to set up China fund unit as Beijing speeds up approvals (reuters)
  15. The 10 Most Expensive Homes That Sold in 2022, From an NYC Penthouse to a Malibu Mansion (robbreport)
  16. This Bonkers Jet-Powered Hoverboard Is Capable of Flying Up to 10,000 Feet—at 110 MPH (robbreport)
  17. Test Driving The Wicked New Ferrari 296 GTS Through The Foothills Of Tuscany
    (maxim)
  18. Chinese premier Li Keqiang expresses support for platform economy (technode)
  19. Krispy Kreme donuts to be filled, frosted, and packaged by machines (bigthink)
  20. China’s Junk Bonds Are Suddenly the World’s Hottest Credit Trade (bloomberg)

Be in the know. 22 key reads for Saturday…

  1. The Nasdaq Is Off to Hot Start This Year. It Still Has Room to Run. (barrons)
  2. The Fed has won its ‘war’ against inflation, says JPMorgan analyst. And now it needs to stop hiking interest rates. (marketwatch)
  3. Chip Stocks Roar Back To Life As Inflation Eases (investors)
  4. U.S. Will Hit the Debt Limit Soon. This Is What’s at Stake. (barrons)
  5. ‘Deep Value’ Stocks Look Ready to Bounce Back From a Tough 2022 (barrons)
  6. The Age of Free Money Is Over. But There Are Still Plenty of Opportunities, Barron’s Roundtable Pros Say. (barrons)
  7. For All His Criticisms of Disney, Peltz and Iger Probably Agree: Streaming Has to Be Fixed (barrons)
  8. Big Tech Could Rebound Big Time. Here’s How. (barrons)
  9. Akamai CEO Tom Leighton Is Scooping Up Stock (barrons)
  10. AMD CEO Lisa Su Says the Future Will Be AI-Powered (barrons)
  11. China’s Reopening Is Unlikely to Spark Surge for Commodities (barrons)
  12. The Fed: Whose Words Carry the Most Weight (barrons)
  13. Commentary: Russia’s Oil Industry Has Been Rewired by Sanctions. That’s Fine by Moscow. (barrons)
  14. Tanking Biotech Stocks Will Mean a Big Year for Deals. Who Could Benefit. (barrons)
  15. To pick 2023’s winners, look to 2022’s losers (marketwatch)
  16. Small-cap stocks outperform so far in 2023 as U.S. equities book second week of gains this year (marketwatch)
  17. Why the Fed is still seeing $2.2 trillion in daily demand for its overnight repo facility (marketwatch)
  18. Europe’s Mild Winter Cushions Economic Blow of Ukraine War (wsj)
  19. America’s Biggest Banks Are Girding for a Recession but Aren’t Feeling One Yet (wsj)
  20. Chips Are the New Oil and America Is Spending Billions to Safeguard Its Supply (wsj)
  21. Global bond market rebounds strongly as inflation fears recede (ft)
  22. US stocks notch largest weekly gains in two months (ft)