Be in the know. 14 key reads for Wednesday…

  1. Dealmaking Is Looking Up as Companies Stop Waiting Out the Fed (wsj)
  2. ASML Orders Plunge as Chipmakers Pause High-End Gear Purchases (bloomberg)
  3. Serious investors need China exposure, should ‘forget about the short-term pain’, asset managers say (scmp)
  4. Fed’s Beige Book Holds Clues to Predicting Downturn, Study Shows (bloomberg)
  5. The stock market just flashed bullish a signal suggesting 19% upside by August 2025, BofA says (business)
  6. Fund managers are giving up on bonds in a way they haven’t in 20 years (marketwatch)
  7. Do cash-gushing stocks outperform the S&P 500? Here’s what history has to say. (marketwatch)
  8. Consumer spending has slowed but is hanging in there, says BofA CEO Brian Moynihan (cnbc)
  9. Oakmark’s Bill Nygren shares his thoughts on CITI (cnbc)
  10. Bonds are a good diversifier for risk assets over most cycles: Steve Laipply (foxbusiness)
  11. China warns west of ‘survival of the fittest’ as manufacturing boosts economy (ft)
  12. Powell Dials Back Expectations on Rate Cuts (wsj)
  13. Rents have finally stopped skyrocketing. (marketwatch)
  14. Boeing Defends Safety of 787 Dreamliner After Whistle-Blower’s Claims (nytimes)