Be in the know. 25 key reads for Thursday…

  1. Chinese stocks get upgraded as bear-market risks seen tempered by state buying support (scmp)
  2. Bloomberg Intelligence Predicts BABA & Other CN Dotcom Giants to Announce More Shr Buybacks (aastocks)
  3. Karnovsky lowered his price target on Disney stock to $125 from $135 but kept an Overweight rating. (barrons)
  4. China’s consumer prices pick up more than expected in July, up by 0.5% (cnbc)
  5. Fed is not doing the ‘right thing,’ but they’re ‘gonna get away with it’: Thomas Hayes (foxbusiness)
  6. Yen carry tremors should become less pronounced in coming days: Macquarie (streetinsider)
  7. Citi to Sell Trust Business Amid Turnaround Efforts (barrons)
  8. Intel CEO Pat Gelsinger Buys Stock Near Multiyear Low (barrons)
  9. Fed Official Sees Labor Market in Normal State not Recession (barrons)
  10. Gilead Boosts Earnings Outlook as Stock Battles Back from Cancer Disappointment (barrons)
  11. Mortgage Rates Fall to 15-Month Low (wsj)
  12. Disney Posts First-Ever Streaming Profit (wsj)
  13. Aerospace & Defense
  14. Boeing’s new outsider CEO Ortberg takes the helm, this time from the factory floor (cnbc)
  15. Jeremy Siegel backs off on calls for the Fed to do an emergency interest rate cut (cnbc)
  16. Shenzhen’s Real Estate Policy Ignites Rally (chinalastnight)
  17. BofA’s Hartnett Says Market Selloff Yet to Breach Key Levels (bloomberg)
  18. New Bill Aims to Close E-Commerce Tariff ‘Loophole’ Benefiting Shein and Temu (barrons)
  19. This strategist downgraded tech just before the summer swoon. Now he says buy and here’s why. (marketwatch)
  20. The Economy Is Fine for Now, and the Market Will Be, Too, Says Torsten Sløk (barrons)
  21. Mortgage Rates Drop to 15-Month Low (wsj)
  22. China Restricts Fentanyl Chemicals After Years of U.S. Pressure (wsj)
  23. Americans Are Skipping Theme Parks This Summer (wsj)
  24. News Corp beats revenue estimates as digital subscriptions grow (nypost)
  25. The New A.I. Deal: Buy Everything but the Company (wsj)

Be in the know. 15 key reads for Thursday…

  1. Retail investors haven’t been this pessimistic in nine months, AAII survey finds (marketwatch)
  2. The Market Is in Summer Mode. Why Trading Volume Matters So Much. (barrons)
  3. Stock market likely to retest lows in 4-step recovery process, history suggests (marketwatch)
  4. Fast-Money Quants Are Hammered After ‘Everything Went Wrong’ (bloomberg)
  5. China Is Rapidly Building Nuclear Power Plants as the Rest of the World Stalls (bloomberg)
  6. Cramer looks at Disney’s post-earnings stock move to explain Wall Street dynamics (cnbc)
  7. Unwinding of yen ‘carry trade’ still threatens markets, say analysts (ft)
  8. KFC, Pizza Hut’s China owner beats estimates as low-price strategy draws diners (scmp)
  9. Tech war: China’s chip imports surge as firms stockpile ahead of fresh US restrictions (scmp)
  10. Does The Yen Signal Once-In-A-Decade Market Transformation? (chinalastnight)
  11. Sahm Rule is picking up on something that’s ‘very worrisome’: Claudia Sahm (foxbusiness)
  12. China Ramps Up Fight Against Record Bond Rally as Targets Widen (bloomberg)
  13. Buffett’s Japan Holdings Become ‘Bargain’ After Stock Meltdown (bloomberg)
  14. Fed Moving Aggressively on Rate Cuts May Spur PBOC to Ease More (bloomberg)
  15. JPMorgan Says Three Quarters of Global Carry Trades Now Unwound (bloomberg)