Be in the know. 15 key reads for Sunday…

  1. Charlie Munger – Daily Journal Corp. (holdings)
  2. 2024 Performance Car of the Year (roadandtrack)
  3. Weekly Leading Economic Index (advisorperspectives)
  4. Alibaba Platforms Fuel $66B in U.S. Product Sales, Spurring Job Growth (alizila)
  5. Econ Battle Zone: Disinflation Confrontation (npr)
  6. The Top 20 Landowners In America According To A New Report (forbes)
  7. 15 Best Dividend Stocks to Buy for 2024 (usnews)
  8. CT’s top pizza restaurants of 2024, according to Connecticut Magazine (Connecticut Magazine)
  9. The Car Dealership Billionaire No One Knows (forbes)
  10. Be Patient: Zuckerberg’s Big New AI Bet Won’t Revolutionize Your Life Anytime Soon (cnet)
  11. The ‘Seinfeld’ Double-Dip Is Exactly as Gross as It Seems, According to Science (mentalfloss)
  12. This Is What’s Driving the Big Surge in US Oil Production (bloomberg)
  13. Rory McIlroy avenges last week’s loss, blitzes field over weekend to cruise to fourth Dubai title (golfdigest)
  14. Economic slowdown on top of lower inflation begs for major adjustments (scottgrannis)
  15. Maserati almost couldn’t let go of this early MC12 (classicdriver)

Be in the know. 30 key reads for Saturday…

  1. WATCH: Tom Hayes – Cheddar News TV Appearance – from 10/17/2022 (cheddar)
  2. “One year after hitting new highs, the index has risen 13 out of 14 times by a median of 13% in that span.” (bloomberg)
  3. 18 of the Best Stocks and ETFs to Buy Based on 2024 Expert Forecasts (morningstar)
  4. Dow, S&P 500 Mark Record Highs. Tech Extends Rally. (barrons)
  5. Stock buybacks could rebound this earnings season (cnn)
  6. Warren Buffett Tells Citi CEO to Continue Overhaul, Reuters Says (bloomberg)
  7. Citi could be a stock that Wall Street’s unfairly given up on, says Oakmark’s Bill Nygren (cnbc)
  8. The Stock Market Just Hit a Record High. 27 Picks for the Year Ahead, From Our Roundtable Pros. (barrons)
  9. Peter Lynch Investing Quotes (dgi)
  10. BP Stock Has Been Ignored for Too Long. It’s Time to Buy. (barrons)
  11. Tilray Stock Is Slumping. CEO Irwin Simon Bought Up Shares. (barrons)
  12. Inside One Of The World’s Greatest Private Ferrari Collections (maxim)
  13. Oil traders aren’t panicking over Middle East shipping attacks. Here’s why (marketwatch)
  14. Is AI hype starting to fade? Companies are poised to turn the talk into action in 2024, says Deutsche Bank. (marketwatch)
  15. The Stock Market Doesn’t Care About the Slow Start to Earnings Season (barrons)
  16. How the Stock Market Forgot the Fed and Hit a New Record (barrons)
  17. Freshpet, Tilly’s, and More Stocks See Action From Activist Investors (barrons)
  18. Small-Cap Stocks Are Super Cheap Again. 7 Picks From Citi. (barrons)
  19. Americans Are Suddenly a Lot More Upbeat About the Economy (wsj)
  20. Fed to Begin Rate Cut Discussions But Avoid Teeing First One Up (bloomberg)
  21. American Express CEO says spending is strong, delinquencies are down from 2019 (cnbc)
  22. See the Full List of Golden Globes Winners 2024 (vanityfair)
  23. Emmys 2024: See All the Winners Here (vanityfair)
  24. Fireside Chat with Dr. John C. Malone (youtube)
  25. Nelson Peltz: Disney board has underperformed the S&P 500 ‘on every measure’ (cnbc)
  26. Li Lu, The ‘Chinese Warren Buffett’ Remembers His Friend And Mentor Charlie Munger (yahoo)
  27. The 10 Best Dividend Stocks (morningstar)
  28. Global Elites Suddenly Starting to Fear AI (futurism)
  29. The Ultimate Range Rover Road Trip Through California Wine Country: Part II (maxim)
  30. Political Consultant Garrett Ventry Reveals The Secret To Being An Effective Power Broker (maxim)

Be in the know. 25 key reads for Friday…

  1. The structured products are one of the main reasons for the continuing losses on the onshore markets, according to investors. Many snowball products tracking the CSI Smallcap 500 Index and the CSI 1000 Index have breached preset levels, triggering forced sales of the futures contracts (scmp)
  2. Swiss watchmaker Richemont’s Q4 financial results were higher due to China sales increasing 25% year-over-year versus Europe’s sales decreasing -3%, and sales in the Americas increasing +8%. CFO Burhart Grund stated: “Overall, I would say the Chinese business is rebuilding,” according to Reuters. (chinalastnight)
  3. VF believes that the material impact or reasonably likely material impact on VF is limited to the material impacts on VF’s business operations disclosed in the Original Report which are no longer ongoing at this time. As of the date of this Amendment, VF also believes the impacts of the cyber incident are not material and are not reasonably likely to be material to its financial condition and results of operations. (sec)
  4. A Hot Debt Market Is Slashing Borrowing Costs for Riskier Companies (wsj)
  5. Davos 2024: Special address by Javier Milei, President of Argentina (weforum)
  6. The risk reward is skewed to the upside as MSCI China is trading at extreme valuation and foreign investors’ positioning has dipped below an October 2022 trough, according to James Wang, head of China strategy at UBS Investment Bank. Historically, if investors bought into the MSCI China index at this valuation multiple, they would have generated an average return of 12 per cent in one week, he said.  “With trough valuation multiples, light investor position and potential support from the ‘national team’, we believe risk reward is attractive at this level.” (scmp)
  7. China courts global elite at Davos with largest presence in years (cnbc)
  8. Meet the Hockey Diehards Building NHL-Worthy Rinks in Their Backyards (wsj)
  9. Google CEO says more job cuts are needed in 2024 in order to reach ‘ambitious goals’ (cnbc)
  10. An overlooked area of the stock market could soar 60% in 2024 with valuations signaling a big run ahead, Fundstrat says (businessinsider)
  11. Banks hope for M&A revival despite the geopolitics (ft)
  12. Trump and Biden Both Hate Pharma—Investors Shouldn’t (wsj)
  13. Nelson Peltz Calls for Disney to Target ‘Netflix-Like’ Streaming Margins (wsj)
  14. Citigroup lays off more bosses as CEO Fraser addresses managing directors -sources (reuters)
  15. Private equity predicts deal rebound as sellers capitulate on prices (ft)
  16. 8 Companies That Could Cut Their Dividends (barrons)
  17. Coca-Cola and Other Dividend Kings That Have Raised Their Payouts for 60 Years or More (barrons)
  18. Goolsbee says it’s too soon to determine when Fed will cut interest rates (marketwatch)
  19. Don’t Watch the CPI. Inflation Is Lower, Says Blackstone’s Steve Schwarzman. (barrons)
  20. How Boeing’s Corporate Culture Started To Rot (bloomberg)
  21. China’s Biggest Broker Curbs Short Sales After Stock Rout (bloomberg)
  22. Ford cuts production of F-150 Lightning EV, adds jobs at Bronco and Ranger plant (cnbc)
  23. The $8.8 Trillion Cash Pile That Has Stock-Market Bulls Salivating (wsj)
  24. Americans Are Finally Feeling Better About the Economy (wsj)
  25. Gen Z vs. the Silver Tsunami (businessinsider)