Be in the know. 20 key reads for Friday…

  1. As Dealerships Get More Stock, Auto Makers’ Sales Rebound. GM, Hyundai and others report a robust start to the year, due in large part to rising inventory levels and easing supply-chain troubles (wsj)
  2. JPMorgan Chase stock shifts into rally mode after it blasts past earnings and revenue estimates (marketwatch)
  3. Banking crisis forces ECB policymakers to rethink rate hikes, but focus still firmly on inflation (cnbc)
  4. Wells Fargo shares rise after bank’s first quarter profit and revenue top the Street (cnbc)
  5. Can Intel become the chip champion the US needs? (ft)
  6. Birkin bag maker Hermes sees no U.S. slowdown as sales jump 23% (cnbc)
  7. For Regional Banks, Surviving Won’t Be the Same as Thriving (wsj)
  8. JPMorgan Chase posts record revenue that tops expectations on higher interest rates (cnbc)
  9. Wall Street is wrong: Former Pimco chief economist Paul McCulley predicts rate hikes will end next month (cnbc)
  10. New-vehicle inventories, discounts rise as the New York Auto Show heralds spring selling season (wsj)
  11. Hedge Fund 101: You Always Buy Liquidation Events (chinalastnight)
  12. Big banks kick off earnings season with a bang (yahoo)
  13. BofA Strategists Prefer Global Stocks to Tech-Heavy US Market (bloomberg)
  14. PBOC Pledges Stronger Support to Economy (bloomberg)
  15. Buffett Focus on ‘Quality’ Helps Narrow Hunt for Value in Japan (bloomberg)
  16. Citigroup profit rises and beats analyst forecasts, shares rise (marketwatch)
  17. Retail Sales Fell More Than Expected in March (barrons)
  18. Supplier Prices Fell in March, Adding to Signs of Moderating Inflation (wsj)
  19. Amazon CEO Andy Jassy Commits to Cost-Cutting, Innovation in Shareholder Letter (wsj)
  20. The Fed could turn a mild downturn into an ugly recession if it doesn’t stop raising rates soon, market veteran Ed Yardeni says (businessinsider)