Be in the know. 13 key reads for Wednesday…

  1. Chinese vice premier urges greater effort to boost consumption (reuters)
  2. Fed Minutes Are Coming. The Risk Is on the Hawkish Side. (barrons)
  3. Retail Sales Were Stronger Than They Looked (barrons)
  4. Junk bonds sweep to a record summer rally (marketwatch)
  5. S. to Buy Ukraine Grain, as Ship Traffic Increases (wsj)
  6. American Airlines Agrees to Buy 20 Boom Supersonic Jets (wsj)
  7. Warren Buffett boosts Big Tech bets as other billionaires dump stocks (nypost)
  8. Tencent Says Meituan Stake-Sale Report Is Not Accurate (bloomberg)
  9. A meeting in China may have tipped off which provinces will have highest growth (cnbc)
  10. Warren Buffett’s Berkshire Hathaway has spent nearly $60 billion on stocks this year – and shows no signs of stopping (businessinsider)
  11. Saudi Arabia funneled oil riches into big-cap US stocks with a $7.5 billion buying spree amid falling valuations (businessinsider)
  12. China’s imports of US oil have hit an 18-month high as it pivots away from Russian crude (businessinsider)
  13. Beijing is tanking the domestic economy — and helping the world (ft)

“Wrong Side of the Wave” Stock Market (and Sentiment Results)…

Last week, my family and I took a trip out to visit friends in Whitefish, MT for a long weekend.  We had an amazing time. On the first day we went out on the lake and both me and my daughters learned how to ski behind the boat.  I was able to get up and surf for a reasonable amount of time, but being on the “wrong side of the wave” made balancing harder than it needed to be:

Continue reading ““Wrong Side of the Wave” Stock Market (and Sentiment Results)…”