Be in the know. 17 key reads for Friday…

  1. China Announces Key Reform Meeting, Emphasizing Party Leadership (bloomberg)
  2. Japan Will Take Appropriate Action Against Excessive Yen Moves, Finance Minister Says (wsj)
  3. PBOC Vows to Satisfy People’s Housing Needs As Downturn Drags On (bloomberg)
  4. Howard Marks – Co-founder of Oaktree | Podcast | In Good Company | Norges Bank Investment Management (youtube)
  5. Hedge Funds Have Sold Tech and Consumer Stocks, While Buying Banks and Energy, Says Goldman (barrons)
  6. After 40 Years, a Tech Columnist Says Farewell. But First, One More Thing. (barrons)
  7. REITs Had a Terrible First Half. It’s Time for a Turnaround. (barrons)
  8. Larry Summers Says the Economy Looks Healthy, and AI Should Bring ‘Profound’ Change (barrons)
  9. China’s Third Plenum Will Showcase the Country’s Contradictions (barrons)
  10. You Might Be Buying Your House at the Top of the Market (wsj)
  11. Amazon Takes On Chinese Rivals Temu and Shein With Plans for New Discount Service (wsj)
  12. Nike’s Slow Recovery Is Testing Investors’ Patience (wsj)
  13. Beijing Falls in Line With Other Top Chinese Cities to Help Home Buyers (wsj)
  14. Trucking Experts Project Spinoff of FedEx’s Freight Business (wsj)
  15. Ultimate Status Symbol: A $300,000, Souped Up Land Rover Defender, Warts and All (wsj)
  16. Alibaba Cloud is set to build new facilities in Mexico, Malaysia, the Philippines, Thailand and South Korea over the next three years (scmp)
  17. U.S. banks are in a good and resilient place, says Wells Fargo’s Mike Mayo (cnbc)

Be in the know. 21 key reads for Thursday…

  1. Chinese Stocks Are in a Rut. How These Policy Meetings Could Change That. (barrons)
  2. AMZN Market Cap Pushes Further Past $2 Trillion. A Temu Move May Keep It Rising. (barrons)
  3. Amazon Plans New Discount Service to Take On Chinese Rivals (wsj)
  4. Boeing Said Cleared to Resume Wide-Body Jet Deliveries to China (bloomberg)
  5. This Company Helped Bryson DeChambeau Perfect His Stroke (cheddar)
  6. GXO | Apptronik (youtube)
  7. Boeing Doesn’t Want to Say This About Recent Problems. But It Should. (barrons)
  8. Micron Beats Q3 Targets, But In-Line Outlook Disappoints (investors)
  9. Nike Is on Brink of Recovery. Today’s Earnings Are a Test. (barrons)
  10. Bank woes in commercial real estate could ease with rate cuts, says Moody’s (marketwatch)
  11. Big Banks Can Withstand Disaster Scenario, Fed Says (barrons)
  12. First-quarter GDP grew a soft 1.4%, but the economy might have more ‘spring’ in its step (marketwatch)
  13. LVMH’s Arnault on How He Built an Empire of Opulence (bloomberg)
  14. Boeing Sees Fewer Fuselage Defects, Helping Lift Productivity (bloomberg)
  15. China sets mid-July for key ‘Third Plenum’ meeting to discuss ‘deepening reform’ (cnbc)
  16. Disney releases details about its new cruise in Singapore (cnbc)
  17. Japanese yen hits weakest level against dollar since 1986, reigniting intervention speculation (cnbc)
  18. Disney is about to change your theme park experience with new line-skipping passes (foxbusiness)
  19. Alibaba taps China’s top AI start-ups to boost enterprise offerings (scmp)
  20. Open AI’s Loss Is China AI’s Gain, Hong Kong Buyback Bonanza, Beijing Lifts Home Buying Restrictions (chinalastnight)
  21. Fed’s Bostic still backs one rate cut this year (marketwatch)

Be in the know. 25 key reads for Wednesday…

  1. Alibaba Stock Looks Poised for a Rally. Why China Trade Tensions Could Be a Catalyst. (barrons)
  2. Companies slash borrowing costs on $400bn of US junk loans (ft)
  3. Goldman Sachs bullish on China shareholder returns (streetinsider)
  4. Why should investors consider Disney? (foxbusiness)
  5. China’s Li Urges Stronger Employment Support for Graduates (bloomberg)
  6. Bond Traders Boldly Bet on 300 Basis Points of Fed Cuts by March (bloomberg)
  7. Beijing Becomes Last Mega China City to Ease Housing Rules (bloomberg)
  8. FedEx Scores an Upgrade After Strong Earnings, ‘Surprising’ Freight Decision (barrons)
  9. Fast-Food Chains Jacked Up Their Prices. Now They’re Trying to Win You Back With Value Menus. (barrons)
  10. The Clock Is Ticking on Jane Fraser’s Citigroup Turnaround (wsj)
  11. Mail-Order Drugs Were Supposed to Keep Costs Down. It’s Doing the Opposite. (wsj)
  12. ‘It’s All Happening Again.’ The Supply Chain Is Under Strain. (nytimes)
  13. The Man Who Waited Forever to Hold the Stanley Cup (wsj)
  14. This U.S. Team Has No Michael Phelps. Can Its Dominance in the Pool Survive? (wsj)
  15. Radical Technology Aims to Rev Up Oceans’ Power to Cool the World (wsj)
  16. Americans Chasing High Interest Rates Risk Falling Into a ‘Cash Trap’ (wsj)
  17. Yen Slides to Weakest Since 1986, Raising Risk of Intervention (bloomberg)
  18. BofA Bets Big on Steady Revenues From Transactional FX Business (bloomberg)
  19. Wall Street Banks Accelerate Buybacks Ahead of Fed Stress Tests (bloomberg)
  20. YouTube dominates streaming, forcing media companies to decide whether it’s friend or foe (cnbc)
  21. Waymo opens its driverless taxi service to all in San Francisco (marketwatch)
  22. Nvidia’s rebound from its correction only makes the stock more dangerous to buy (marketwatch)
  23. Carnival Cruise Line’s stock soars after company swings to a profit (marketwatch)
  24. Whirlpool Shares Surge 18% Amid Bosch Takeover Rumors (zerohedge)
  25. How the UK election could make or break the pound’s run (reuters)