Be in the know. 20 key reads for Wednesday…
- Chinese yuan hits strongest level against dollar in over 16 months as investors assess PBOC stimulus (cnbc)
- China to Give Cash Handouts for the Poor in Rare Use of Aid (bloomberg)
- Nvidia CEO Jensen Huang Sold $713 Million of Stock. (barrons)
- China’s Stock Market Awakens From a Long Slumber. It’s Not Too Late to Ride It Higher. (barrons)
- Berkshire Hathaway Sold More BofA Stock. It Now Owns 10.5%. (barrons)
- Stock-market indicator with a near-perfect track record is flashing a ‘buy’ signal (marketwatch)
- Real Estate Stocks Have Come Too Far, Too Fast. What to Do With Them Now. (barrons)
- A wave of retail investor cash may hit the stock market when interest rates reach this level (marketwatch)
- Chinese stocks extend gains after Beijing’s stimulus bazooka (marketwatch)
- Location, Location, Golf Simulator. A Developer Cracks the Office Market Code. (wsj)
- China Boost Sends EM Stocks to Longest Winning Streak Since July (bloomberg)
- China central bank cuts medium-term loan rate (reuters)
- Still ‘plenty of upside’ in China trade: BTIG (streetinsider)
- Fed’s Bostic says economy returning to normal, policy should also ‘normalize’ (streetinsider)
- What China’s biggest stimulus since the pandemic means for US investors: Morning Brief (yahoo)
- Investors welcome ‘unprecedented’ central bank loans to try to boost markets but analysts say fiscal stimulus is needed (ft)
- China’s US$114 billion stock market rescue plan sparks hope for rally (scmp)
- Monetary Policy Bazooka Unleashed (chinalastnight)
- US Mortgage Rates Fall Again, Triggering Big Wave of Refinancing (bloomberg)
- China Cuts One-Year Policy Rate by Most Ever in Stimulus Drive (bloomberg)
Where is money flowing today?
Quote of the Day…
Be in the know. 25 key reads for Tuesday…
- China Unleashes Stimulus Blitz in Push to Hit Annual Growth Goal (bloomberg)
- China’s Stimulus Is a Big Deal. What It Means for Markets and Stocks. (barrons)
- China Mulls Stock Stability Fund, Unlocks $113 Billion From PBOC (bloomberg)
- China Unveils Biggest Package Yet to Boost Property Market (bloomberg)
- China Unleashes Stimulus Package to Revive Economy, Markets (bloomberg)
- China’s central bank unveils most aggressive stimulus since pandemic (yahoo)
- China Panics: Cuts Multiple Rates And Reserve Ratio Requirements, Goes All-In To Prop Up Stocks (zerohedge)
- Chinese Stocks Rally Most in Seven Months on Stimulus Blitz (bloomberg)
- China unveils raft of measures to boost economy (bbc)
- HK Disneyland Resort Ticket Prices to Rise 5-7% From Tmr (aastocks)
- Alibaba, JD.com, NIO Stocks Surge After China Interest Rate Cut and New Stimulus (barrons)
- Cash Is Pouring Out of Money-Market Funds. What’s Hot Instead. (barrons)
- Chicago Fed’s Goolsbee sees ‘a lot’ of interest-rate cuts coming over the next year (marketwatch)
- Five Key Takeaways as China Unveils Stimulus to Boost Economy (bloomberg)
- Fed’s jumbo interest rate cut puts the U.S. on track for a soft landing, Goldman CFO says (cnbc)
- September consumer confidence falls the most in three years (cnbc)
- Why stocks have a lot more room to rally before hitting a peak, according to a technical analyst (businessinsider)
- Here’s What Happens to Markets When Interest Rates Fall, in Charts (wsj)
- Boeing Makes New Offer to Union in Hopes of Ending Strike (wsj)
- China’s big-bang stimulus boosts yuan; Aussie up after RBA (streetinsider)
- Foreigners are piling into China’s free money trade. How long can it last? (ft)
- Perplexity in talks with top brands on ads model as it challenges Google (ft)
- Alibaba’s DingTalk launches new service bundled with AI features (scmp)
- PBOC to set up US$71 billion swap facility to prop up stock market (scmp)
- PBOC Cuts With More to Come, Buybacks Roll On (chinalastnight)