Be in the know. 18 key reads for Monday…

  1. China’s yuan strengthens to 7-month high as yen gains, carry trade unwinds (scmp)
  2. Carry Trade Unwind Extends as Peso Sinks, Yen and Yuan Surge (bloomberg)
  3. Global hedge funds increased Chinese stocks exposure in July, Goldman says (scmp)
  4. China’s services activity expands further, but external demand slows, Caixin PMI shows (reuters)
  5. Tokyo’s Nikkei dives 12.4 per cent, suffers record points loss (scmp)
  6. Why investors should buy the ongoing dip in stocks, Fundstrat says (businessinsider)
  7. Market begins pricing possibility of intermeeting cut (marketwatch)
  8. The U.S. government ‘cannot afford’ to let Intel struggle over the long term, one analyst says (marketwatch)
  9. Hurricane Debby Slams Florida After Gaining Fury in Warm Waters (bnnbloomberg)
  10. Nvidia Stock Dives. Here’s Why. (barrons)
  11. The Fed needs to make an emergency cut, says Wharton’s Jeremy Siegel (cnbc)
  12. Opinion: The Sahm Rule, carry trades and recession fear are more than the market can bear (marketwatch)
  13. Corporate profit growth is on pace for its best quarter since just before 2022’s inflation spell (marketwatch)
  14. Blame it on the yen? ‘Epic leverage’ in carry trade ‘beyond wildest market dreams’: Boockvar (marketwatch)
  15. The Longest Inverted Yield Curve In U.S. History May End Soon. What It Means for Stocks. (barrons)
  16. 2024’s Most Popular Trades Are Unraveling (wsj)
  17. The Sports Gambling Disaster (mi)
  18. Scottie Scheffler wins Olympic gold in Paris after incredible final round (foxbusiness)

 

Be in the know. 12 key reads for Sunday….

  1. Warren Buffett’s Berkshire Hathaway Slashes Apple Stake (wsj)
  2. Nvidia’s upcoming AI chips reportedly face delay of 3 months or more due to design flaw (fortune)
  3. Amazon CEO warns of trend that’s making consumers flee pharmacies (thestreet)
  4. The Fed Is Behind the Curve. There’s Still No Need to Panic. (wsj)
  5. S. Hiring Slowdown Hits Stocks, Fuels Bets on Bigger Rate Cut (wsj)
  6. Lousy Jobs Report Forces Fed to Reckon With Hard Landing (wsj)
  7. The Most Petrifying 471 Yards at the Olympics (wsj)
  8. She’s the Greatest Distance Swimmer of All Time. How Long Can Katie Ledecky Keep Going? (wsj)
  9. Boeing May Have Gotten It Right With Kelly Ortberg As CEO (forbes)
  10. Meet The Billionaire Investor Who Refuses To Put Money Into AI Or Crypto (forbes)
  11. 10 tips from Olympian Simone Biles on how to develop a champion mindset: ‘It’s all about mental training’ (fortune)
  12. Pagani Unleashes Topless ‘Habanero Red’ Utopia Hypercar (maxim)

 

Be in the know. 15 key reads for Saturday…

  1. Intel Bulls Have Given Up. Why There May Still Be Hope for The Stock. (barrons)
  2. ‘The Claman Countdown’ panelists Thomas Hayes and Nick Timiraos evaluate the state of the U.S. economy. (foxbusiness)
  3. ‘I’m really desperate now’: Temu sellers revolt against fines and withheld pay (cnn)
  4. The government—either a Harris or Trump administration—will need Intel to thrive if the U.S. has any hope of achieving chip making independence. (barrons)
  5. Job Slowdown Will Ignite Debate Over Larger Half-Point Rate Reduction (wsj)
  6. How a Jobs Report Sent the Fed From a Soft Landing to Behind the Curve (barrons)
  7. What 100 Years of Rate Cuts Says Happens Next (barrons)
  8. Amazon’s Jeff Bezos Stopped Selling Stock When It Dipped Below $200 (barrons)
  9. Pump Up the Value. Fed Rate Cuts Will Boost These Stocks. (barrons)
  10. Wall Street’s Year of Calm Snaps as Most Reliable Trades Flop (bloomberg)
  11. Dollar Eyes Worst Day This Year as Jobs Data Boosts Expectations for Fed Cuts (barrons)
  12. Mortgage rates plunge to lowest level in more than a year after weak jobs report (cnbc)
  13. Tech companies show no signs of slowing spending on artificial intelligence, even though a payoff looks a long way away. (nytimes)
  14. Japan stocks plunge by nearly 6% in biggest drop since start of pandemic (cnn)
  15. The 10 Best Companies to Invest in Now (morningstar)