Be in the know. 19 key reads for Friday…

  1. Fed’s Waller Says Private-Sector Job Worries Drive Rate-Cut Call (bloomberg)
  2. Top Fed Official Backs July Rate Cut as Trump Ramps Up Pressure (nytimes)
  3. Daly Says Fed Shouldn’t Wait Too Long to Start Cutting Rates (bloomberg)
  4. Foreign holdings of US Treasuries rise in May despite China drop (reuters)
  5. Spark For Global Liquidity Has Just Been Lit (zerohedge)
  6. China Injects Most Short-Term Cash This Week Since January (bloomberg)
  7. Juicy Dividends Tempt Investors Into Lagging High-Yield Stocks (bloomberg)
  8. The Best Consumer Defensive Stocks to Buy (morningstar)
  9. Diageo’s new CEO needs actions, not just words (reuters)
  10. BofA Says Share of US Stocks in Global Flows Has Plunged in 2025 (bloomberg)
  11. Emerging Markets Regain Momentum (zerohedge)
  12. Investors look to China’s Politburo meeting for signs of fighting industrial overcapacity (scmp)
  13. US Retail Sales Surge in Broad Advance, Topping Estimates (bloomberg)
  14. Homebuilders are slashing prices at the highest rate in 3 years (cnbc)
  15. Natural Gas Is America’s Strategic Advantage Fueling The AI Race (zerohedge)
  16. Boeing to Sell Up to 18 Dreamliner Jets to Gulf Air (wsj)
  17. Economists’ Outlook: Lower Recession Risk, More Growth (wsj)
  18. The S&P 500 Isn’t That Expensive. Look at Profit Margins. (barrons)
  19. Small cap market is starting to show signs of life, says Goldman’s Greg Tuorto (youtube)