Be in the know. 22 key reads for Thursday…

  1. Bessent Urges Fed to Lower Rates by 150 Basis Points or More (bloomberg)
  2. Traders see 99% chance of September rate cut (streetinsider)
  3. Fed’s Goolsbee Says Upcoming Policy Meetings Will Be ‘Live’ (bloomberg)
  4. Trump Signals He’ll Announce Fed Chair Pick ‘A Little Bit Early’ (bloomberg)
  5. Why Investors Are Again Euphoric About Interest Rates (nytimes)
  6. Homeowners rush to refinance as mortgage-rate plunge opens window of opportunity (marketwatch)
  7. Why Piper is bullish on home improvement stocks for the rest of 2025 (streetinsider)
  8. Small caps rally as Magnificent 7 stocks roll over in market rotation (cnbc)
  9. Is It Time For Small Caps? (zerohedge)
  10. China Consumer Loan Subsidy Seen Driving Trillions in New Credit (bloomberg)
  11. China Stocks Turnover Tops $300 Billion as Bulls Take Charge (bloomberg)
  12. China’s JD.com tops quarterly revenue estimates on steady e-commerce demand (reuters)
  13. China’s $11 Trillion Market Is Quietly Surging (zerohedge)
  14. Alibaba’s new AI agent to ‘revolutionise’ how merchants source goods online (scmp)
  15. “Price-Spikes & Blackouts”: America’s Power Crisis Is Just Getting Started (zerohedge)
  16. Big Tech’s A.I. Boom Is Reordering the U.S. Power Grid (nytimes)
  17. July Consumer Spending Unexpectedly Surges, Signals Big Retail Sales Beat: BofA Card Data (zerohedge)
  18. The Market’s Fear Gauge Is at Its Lowest Level This Year. Why Investors Are Feeling Zen. (barrons)
  19. A Secret to Buffett’s Success at Berkshire: Issue Little Stock for Deals, None to Employees (barrons)
  20. No More Offshore. Startups Look to Spend and Hire in U.S. Due to Trump Tax Change. (wsj)
  21. Advance Auto Parts earnings beat by $0.16, revenue topped estimates (investing)
  22. Cooper Standard at J.P. Morgan Auto Conference: Strong Recovery and Growth Outlook (investing)