Be in the know. 20 key reads for Friday…

  1. A Temporary U.S.-China Trade Truce Starts to Look Durable (New York Times)
  2. What Biden’s $6 Trillion Budget Means for Markets (Barron’s)
  3. Pinduoduo Is a Bet on China’s Continued Growth (Barron’s)
  4. Bet Big on the Recovery in Las Vegas With These Stock Picks. (Barron’s)
  5. It’s Time to Shift More Money to European Stocks, Fund Manager Says (Barron’s)
  6. Salesforce Stock Rallies as Earnings Top Expectations (Barron’s)
  7. Royal Caribbean Plans Vaccinated Cruise From Florida in June (Barron’s)
  8. Chesapeake, Once Bankrupt, Is Winning Fans (Barron’s)
  9. The Oracle of Omaha bets on Cincinnati: Warren Buffett becomes No. 3 holder in Kroger (USA Today)
  10. Japan’s Top Central Banker Joins Chorus of Bitcoin Critics (Bloomberg)
  11. SPACs Were Hot in 2020 and Are Hotter Now. Here’s Why (Bloomberg)
  12. U.S. banks are poised for ‘record level’ earnings in 2021, says IIF (CNBC)
  13. Rolls-Royce launches the ‘most ambitious’ car it’s ever created (CNBC)
  14. A Pressure Valve Opens for Bank Stocks (Wall Street Journal)
  15. Biden Expected to Propose $6 Trillion Budget (Wall Street Journal)
  16. ‘God Told Me to Put Money Into Hertz’: Small Investors Are Winning Big Again (Wall Street Journal)
  17. Popular US inflation gauge climbs at fastest rate since 2008 in April (Business Insider)
  18. New Street Research Downgrades Apple (AAPL) to Sell, ‘Brace for a 12S Downcycle’ (Street Insider)
  19. Immunity to the coronavirus may persist for years, what it could mean for vaccination efforts (Yahoo! Finance)
  20. Investors are underestimating Europe’s upturn (Financial Times)