Be in the know. 10 key reads for Thursday…

  1. Bard Unleashes The Next Era Of AI As Google Finds Its Muse (investors)
  2. China’s Sudden Stock Rally Points to ETF Buying by State Funds (bloomberg)
  3. Boeing Stock Is Rising. It Gets a Big Order for More MAX Jets. (barrons)
  4. Disney’s stock has been stuck. Answering this question could get it going again. (marketwatch)
  5. TSMC Stock Rises on Bullish Call for Chip Growth. What It Means for Apple and Nvidia. (barrons)
  6. Jamie Dimon Makes Another Economic Prediction. Why He Should Have More Faith. (barrons)
  7. Consumers Start 2024 on Strong Footing After a Jolly Holiday (wsj)
  8. China’s Youth Unemployment Rate Is Back, and Better (nytimes)
  9. The $8.8 Trillion Cash Pile That Has Stock-Market Bulls Salivating (wsj)
  10. Electric car owners sound off as frigid temps leave them with dead batteries and long charging lines (foxbusiness)

Be in the know. 27 key reads for Wednesday…

  1. Hong Kong’s Callable Bull/Bear Contracts Create Forced Selling (chinalastnight)
  2. Peak China narrative is flawed, former Australian prime minister says (marketwatch)
  3. Retail sales rise 0.6% in December, topping expectations for holiday shopping (cnbc)
  4. Xi Wants Strong Yuan in Push to Make China a ‘Financial Power’ (bloomberg)
  5. China Reaches Its Economic Goal for 2023 (5.2% GDP) (bloomberg)
  6. US GDP estimated to finish 2023 at 2.4% (conference-board)
  7. China GDP for the last three months of 2023 rose by 5.2%, missing analysts’ estimates of 5.3% in a Reuters poll. GDP growth for the full year was also 5.2%. Retail sales grew by 7.4% in December from a year ago, also missing expectations for 8% growth. (cnbc)
  8. Wall Street Banks See Dealmaking Comeback (bloomberg)
  9. Walt Disney makes its case for rejecting activist shareholder Nelson Peltz (cnbc)
  10. Biden administration unveils proposed changes to big banks’ overdraft fees (cnbc)
  11. Mortgage demand surges more than 10% as lower interest rates lure homebuyers (cnbc)
  12. The average prediction among five firms, including Goldman Sachs and Morgan Stanley, pointed to a 4.6% increase in China’s real GDP this year, down from 5.2% expected for 2023. (cnbc)
  13. China: “The longer deflation stays, the bigger policy stimulus is required.” (bloomberg)
  14. Pfizer CEO Bourla Bets His Pension on Company Stock (barrons)
  15. 10 Stocks That Show Why Healthcare Stocks Are Hot in 2024 (barrons)
  16. Disney Rejects Nelson Peltz’s Push for Board Seat. There Was a More Surprising Omission. (barrons)
  17. Trouble for the U.S. economy? Empire State gauge sinks to lowest level since pandemic. (marketwatch)
  18. China Isn’t Going to Put the Squeeze on Taiwan’s New Leader for Now. He Doesn’t Have a Mandate. (barrons)
  19. Will Chatbots Teach Your Children? (nytimes)
  20. Lagarde Says It’s Likely ECB Will Cut Rates in Summer (bloomberg)
  21. Davos Live: Blinken Signals More Biden-Xi Interaction This Year (bloomberg)
  22. China Brings Back Youth Jobless Rate, With Rosier Number (bloomberg)
  23. Li Hails China’s 2023 Rebound in Davos Debut (bloomberg)
  24. More Grid Trouble: Tennessee Valley Authority Asks Customers To Conserve Power Amid Cold Blast (zerohedge)
  25. China’s 2023 GDP shows patchy economic recovery, raises case for stimulus (reuters)
  26. Investors raise billions to buy discounted stakes in start-ups (ft)
  27. Hong Kong IPO pipeline grows as Chinese restaurant chain files application (scmp)