Be in the know. 11 key reads for Monday…

  1. Advance Auto Parts Closes on Sale of Worldpac to Carlyle. Advance Auto Parts said the transaction strengthens its balance sheet and liquidity with $1.5 billion of cash proceeds. (aftermarketnews)
  2. The SALT Deduction Fight Is Coming Back—Whoever Wins the Election (wsj)
  3. The ‘Trump Trade’ Isn’t What You Think (wsj)
  4. China gears up for a big week as markets await U.S. elections and stimulus details (cnbc)
  5. China’s Singles Day shopping festival is more than halfway over. Here’s how consumers are spending (cnbc)
  6. Striking Boeing machinists vote on union-backed contract proposal, this time with a warning (cnbc)
  7. The incumbent party has historically won if stocks rally into an election. Here’s why this time could be different. (businessinsider)
  8. Alibaba brings Singles’ Day to US with AliExpress, offering alternative to Black Friday (scmp)
  9. China’s Singles Day shopping festival is more than halfway over. Here’s how consumers are spending (cnbc)
  10. China Reviews Plan to Refinance Local Governments’ Hidden Debt (bloomberg)
  11. Talen Stock Tumbles on Amazon Nuclear Power Deal Setback. Constellation, Vistra Down, Too. (barrons)

Be in the know. 15 key reads for Sunday…

  1. Market expert bullish on China’s Alibaba (foxbusiness)
  2. The burrito king in coffee land: Starbucks CEO Brian Niccol’s most important job is fixing the bad vibes (fortune)
  3. Nvidia’s stock performance has been ‘staggering.’ But recent buyers of the stock are taking a far greater risk than they realize (fortune)
  4. ChatGPT releases a search engine, an opening salvo in a brewing war with Google for dominance of the AI-powered internet (fortune)
  5. Why Kamala and Trump are turning to podcasts to woo uncertain voters (nypost)
  6. Cool, cool, cooling jobs (npr)
  7. Abundant reserves enabled a soft landing (scottgrannis)
  8. 🔴 【LIVE BLOG】Alibaba’s 2024 11.11 Global Shopping Festival 🔥：Brands Surge, 88VIP Drives Growth 📈（Continuous Updating）(alizila)
  9. Warren Buffett is sitting on over $325 billion cash as Berkshire Hathaway keeps selling Apple stock (apnews)
  10. Tech Earnings Fail to Fire Up Traders With Sky-High Expectations (bloomberg)
  11. Fed and Peers Will Go Ahead With Rate Cuts After This Week’s US Election (bloomberg)
  12. Harnett: This Is The Most Contrarian Post-Election Trade (zerohedge)
  13. Alibaba cuts ‘dozens of employees’ at metaverse unit as sector’s hype cools down (scmp)
  14. China may have big opportunity to change household & consumer sentiment: Longview’s Dewardric McNeal (cnbc)
  15. China Eases Curbs to Woo Global Investors Ahead of US Elections (bloomberg)