Be in the know. 17 key reads for Wednesday…

  1. China Weighs Cutting Mortgage Rates in Two Steps to Shield Banks. Officials proposed rate cuts of about 80 basis points. Move to boost household consumption, ease pressure on banks (bloomberg)
  2. Nvidia Stock Drops Again. ‘Its Valuation Is Out of Control.’ (barrons)
  3. Boeing Speeds 737 Deliveries to China in Respite for New CEO (bloomberg)
  4. The average analyst price target for Boeing shares is about $214. (barrons)
  5. How Immigration Remade the U.S. Labor Force (wsj)
  6. Qualcomm-Arm processor chips have compatibility problems with ‘Fortnite’ and other titles (wsj)
  7. Intel will evaluate its next steps at a board meeting in mid-September, according to people familiar with the matter. (bloomberg)
  8. China Is Trading Its Own Bonds to Stifle a Runaway Bond Rally (bloomberg)
  9. The Black Hole of Private Credit That’s Swallowing the Economy (bloomberg)
  10. China Stocks Listed in US Near Cheapest Ever Versus Nasdaq Peers (bloomberg)
  11. Alibaba Embraces Tencent’s WeChat Pay as China’s Tech Walls Fall (bloomberg)
  12. Atlanta Fed President Bostic says officials can’t wait for inflation to hit 2% before cutting (cnbc)
  13. Nvidia, beware — the top spot in S&P 500 valuations is often a slippery slope (marketwatch)
  14. Temu’s Parent, a Victim of Competition or Its Own Success? (wsj)
  15. Fed’s Bostic: Economy is ‘losing momentum’ but there is no sense of looming crash or panic from business leaders (marketwatch)
  16. Alibaba sets up new ‘digital technology’ firm under e-commerce unit Taobao and Tmall Group (scmp)
  17. Growth Stocks Rebound As Banks’ Balance Sheets Face Mortgage Refinancing (chinalastnight)

Be in the know. 15 key reads for Tuesday…

  1. Stock Laggards Are Due a Catch Up (bloomberg)
  2. Discretionary Stocks Are Set to Rally. Why Amazon and Tesla Hold the Key. (barrons)
  3. Stocks Typically Suffer in September. Why Markets Face More Pain This Year. (barrons)
  4. Biotech Stocks Are Showing Signs of Life. Why the Rally Could Continue. (barrons)
  5. Septembers in presidential-election years aren’t so bad for the stock market. (marketwatch)
  6. Treasury yields edge lower as traders await start of four-day data dump (marketwatch)
  7. Boeing Investors Weigh Cost of a Strike as Clock Ticks on Contract (barrons)
  8. Disney Narrows Search for the Next Bob Iger. How the Top 2 CEO Candidates Stack Up. (barrons)
  9. Americans Are Really, Really Bullish on Stocks (wsj)
  10. Americans’ Economic Mood Brightens—a Bit (wsj)
  11. Shorts Are Circling Some of the AI Boom’s Biggest Question Marks (bloomberg)
  12. Investors should be cautious for the next 8 weeks, says Fundstrat’s Tom Lee (cnbc)
  13. Chinese e-commerce giant Pinduoduo updates rules to kick out sellers of shoddy products (scmp)
  14. Alibaba-backed e-wallet operator buys Ant Bank Macao, eyes financial services for tourists (scmp)
  15. Google, DOJ Trial Drama To Hit Earnings By Up To 10%, Says JPMorgan: ‘Status Quo Is No Longer Possible’ (benzinga)

Be in the know. 8 key reads for Labor Day…

  1. New report offers more details into Intel’s possible plans to slash costs, sell units (marketwatch)
  2. Banks May Think Twice Before Lowering Savings Account Rates in Lockstep with the Fed (barrons)
  3. Chinese EV Makers Boost Deliveries by 30% in August (barrons)
  4. China’s Sputtering Growth Engines Raise Urgency for Stimulus (bloomberg)
  5. Yen Forecasters Chart Path Past 140 as Global Rate Tracks Emerge (bloomberg)
  6. Ant Group’s blockchain arm Zan wants to be the Google or Microsoft of Web3 in Hong Kong (scmp)
  7. Hong Kong property: cash-rich buyers make most of Peak distress amid 50% price slump (scmp)
  8. U.S. stock-market rebound faces ‘huge’ jobs reports after Labor Day weekend (marketwatch)