Be in the know. 21 key reads for Tuesday…

  1. USA: Sales of Light vehicles in July rise 7.5% to 1.4 million (marklines)
  2. Diageo Boosts Savings Target as Guinness Maker Navigates Tariffs (wsj)
  3. Diageo Soars as Sales Growth, Cost Cuts Offset Tariff Hit (bloomberg)
  4. EU Prepares to Pause U.S. Counter-Tariffs for 6 Months (wsj)
  5. Hedge Fund Allocators Look to Load Up on Europe, Goldman Says (bloomberg)
  6. Fed’s Mary Daly says time is nearing for rate cuts — may need more than two (nypost)
  7. U.S. Employment Trends Weaken, Underlining Labor-Market Jitters (wsj)
  8. Jefferies Sees Crowded Trade in Big Tech as Fed Nears Rate Cuts (bloomberg)
  9. Mortgage rates plunge to 10-month low, opening window of opportunity for house hunters (marketwatch)
  10. Home-Sellers Outnumber Home-Buyers By The Most In Over A Decade (zerohedge)
  11. The U.S. Is Still the World’s Greatest Economic Dynasty (barrons)
  12. The Medicare Pullback Is Here (wsj)
  13. Big Tech is power-hungry, and America’s aging grid can’t keep up (yahoo)
  14. How to Invest Like Warren Buffett (morningstar)
  15. Crown Castle names Christian Hillabrant as new CEO (investing)
  16. Alibaba to Shut Costco-Like China Stores After Rivalry Heats Up (bloomberg)
  17. Chinese firms set for record US listings, undeterred by geopolitics (reuters)
  18. Alibaba’s maps app gets an AI upgrade with Qwen-powered agent (scmp)
  19. China’s services activity growth hits 14-month high in July, S&P PMI shows (reuters)
  20. Morgan Stanley raises Walt Disney stock price target to $140 on streaming growth (investing)
  21. Expect the S&P 500 to reach new all-time highs in August, says Fundstrat’s Tom Lee (youtube)