Fox Business Appearance – Thomas Hayes – Chairman of Great Hill Capital – August 1, 2023
Where is money flowing today?
Be in the know. 25 key reads for Tuesday…
- China’s Stock Rally Holds Promise as Bullish Indicators Emerge (bloomberg)
- China’s Big Tech firms in expansion mode after Beijing’s positive policy shift (scmp)
- China Is Trying to Make Its Gloomy Consumers Spend More (nytimes)
- Wharton professor Jeremy Siegel says the stock market is headed to new all-time highs thanks to a strong economy and resilient corporate earnings (businessinsider)
- China Vows More Economic Support as Recovery Continues to Wane (bloomberg)
- China should act decisively to pull economy back from the brink: Cornell professor (cnbc)
- Strategists Scramble to Catch Up as S&P 500 Rally Rumbles On (bloomberg)
- China Seeks to Boost Consumption to Spur Growth Recovery (bloomberg)
- Biogen’s New Boss Is Delivering, but Stock Isn’t Pricing It in Yet (wsj)
- Apartment Buildings Are Popping Up Everywhere. How the Glut Changes Rent. (barrons)
- Home Buyers Feel Stuck. Why Wall St. Is Bullish on Housing. (barrons)
- Merck Tops Expectations. More M&A Could Be Next. (barrons)
- Piper Sandler raises S&P 500 target for 2023 as stock-market breadth expands, positive earnings underpin equities (marketwatch)
- S. Treasury increases borrowing estimate for third quarter to just over $1 trillion (marketwatch)
- The S&P 500 Has New Price Target. The Runaway Market Explains the Big Number. (barrons)
- Manufacturing stalled in the first half. But now the stage is set for a recovery, says JPMorgan. (marketwatch)
- Carnival bonds climb after cruise operator says it will save $120 million a year by retiring $1.2 billion in high-cost debt (marketwatch)
- New Ultrasound Therapy Could Help Treat Alzheimer’s, Cancer (wsj)
- CVS to Shed 5,000 Jobs in Cost-Cutting Push (wsj)
- Miami Is Shrinking (wsj)
- People Are Hiring D-List Celebrities to Deliver Their Bad News (wsj)
- Wall Street Economists Are Looking at a September Rate Pause (bloomberg)
- Economist Behind Popular Recession Gauge Worries She Created a ‘Monster’ (bloomberg)
- The ‘A’ word and these 2 other factors can unlock Amazon (AMZN) shares – Evercore ISI (streetinsider)
- Top stock pickers hit by ‘tremendous’ amount of uninvested cash (ft)
Where is money flowing today?
Hedge Fund Trade Tip (PIN) – Position Idea Notification
Be in the know. 30 key reads for Monday…
- China’s Cabinet Urges Cities to Roll Out Property Policies (bloomberg)
- These 21 ‘strong buy’ large and mega-cap stocks have the highest price upsides relative to their counterparts, according to Wall Street’s top analysts (businessinsider)
- KraneShares: There are green shoots ahead for undervalued China stocks (cnbc)
- China just unleashed broad stimulus measures to fire up the economy (businessinsider)
- Beijing Signals It’s Not Just All Talk This Time (zerohedge)
- Intel deepens China presence with Shenzhen chip innovation centre (scmp)
- Beijing’s latest signals of support spur investor optimism (bloomberg)
- Hiking the last mile on inflation (npr)
- For the stock market, bad news is back to being good. Here’s why, says a Goldman Sachs economist (marketwatch)
- Disney Goes Back to the Future (nytimes)
- Jack Ma’s Ownership of New Firm ‘1.8 Meters’ Revealed, May Be BABA’s New Agriculture & Fisheries Biz (aastocks)
- Michael Milken was the junk bond genius who symbolized a ‘decade of greed’ but he was no Bernie Madoff (nypost)
- Mental Models: The Best Way to Make Intelligent Decisions (~100 Models Explained) (fs)
- How The Housing Bears Got the Last Year All Wrong (bloomberg)
- Here Are the Actual Mechanics Behind Powering AI (bloomberg)
- Barclays Sees a Turning Point Coming for American Restaurants (bloomberg)
- Want to Become a Millionaire? Follow Warren Buffett’s 4 Rules. (entrepreneur)
- M2 update: inflation still headed to zero (scottgrannis)
- They Said What? CEOs Keep Talking About a Soft Landing. (barrons)
- Martens stock leads European gains after report of activist investor buying (marketwatch)
- Opinion: CEOs say their companies can’t afford a cold war between the U.S. and China (marketwatch)
- China’s factory, services sectors show weakness, need for stimulus (reuters)
- China’s Economic Growth Problems Mount. Why The Stocks Are Fine. (barrons)
- This Bank Data Could Offer Clue on Rates. Check It Out Today. (barrons)
- Citigroup raises S&P 500 target for 2023 on increased chances of ‘soft landing’ (marketwatch)
- Amazon says it’s delivering more packages in one day or less after overhauling delivery network (cnbc)
- How Much More Will Homebuilders Have To Reduce Prices To Increase Sales? (zerohedge)
- Tech bulls lift Hong Kong stocks to 3-month high before Beijing measures (scmp)
- Rebound in M&A Activity (cnbc)
- Wedbush’s Dan Ives lays out his expectations for tech earnings this week (cnbc)
Be in the know. 12 key reads for Sunday…
- Why the Drivers of Lower Inflation Matter (wsj)
- Commercial property markets aren’t closed (ft)
- 1st 8 or 9 Days of August Weaker Pre-Election Years (Almanac Trader)
- Katie Ledecky passes Michael Phelps for most individual golds at world championships (npr)
- Zillow is so sure that U.S. home prices have bottomed that it just issued bullish calls for these 48 housing markets (fortune)
- The 50 Greatest Luxury Hotels on Earth (robbreport)
- Test-Driving The 207-MPH Flying Spur Speed On The Ultimate Bentley Road Trip (maxim)
- Watch This $4 Million McLaren Solus Race Car Win The Goodwood Festival Of Speed Shootout (maxim)
- The Aston Martin Valour Is An Awesomely Old-School V12 Muscle Car (maxim)
- 2023 Lotus Emira Review: Playtime Is Over (thedrive)
- Ant Group plans restructuring ahead of Hong Kong IPO (technode)
- Alibaba logistics unit Cainiao offers domestic express services, directly competing with rivals (technode)
Be in the know. 20 key reads for Saturday…
- The Disney Magic Will Return. It’s Time to Buy the Stock. (barrons)
- China Moves to Bolster Consumer Industries, Grow Fledging Bourse (bloomberg)
- Billionaire Mark Mobius says he’s so bullish on emerging markets that all his money is outside the US (businessinsider)
- Investing in Liberty Stock Is Tricky. Do It Anyway. (barrons)
- ‘It’s a great, great time for bulls’: Soft-landing views solidify in U.S. stock market (marketwatch)
- Investing in Liberty Stock Is Tricky. Do It Anyway. (barrons)
- For the Stock Market, Earnings Are Everything—and More Than Enough (barrons)
- Eli Lilly, Pfizer, and Others Are Working on Weight-Loss Pills. What to Know. (barrons)
- Small-Cap Stocks Have Struggled. Here Are 6 Whose Time Has Come. (barrons)
- The U.S. Economy Is Sticking the Soft Landing (wsj)
- Biogen Deal for Reata Signals a Turn to Rare Diseases (bloomberg)
- China’s Central Bank Chief Is Task Master Xi Couldn’t Let Retire (bloomberg)
- Hedge Funds Turn More Bullish Across Energy as Prices Rally (bloomberg)
- Traders Are Risking It All on Bets That Market Boom Will Last (bloomberg)
- Intel stock rallies after earnings show AI data-center beat, strong PC sales (marketwatch)
- The Fed’s favorite inflation measure cooled down even further in June (cnn)
- 8 Book Recommendations By Joel Greenblatt (acquirersmultiple)
- The Pritzkers: Buffett’s Blueprint (substack)
- Billionaire Ken Fisher on how to invest in AI, intelligently (theglobeandmail)
- Ford Earnings: Remarkable Strength As Pro Segment Profits Explode (morningstar)