Be in the know. 27 key reads for Wednesday…

  1. Steve Roth says offices are like malls. Is that good? (therealdeal)
  2. JPMorgan Sees ‘Very Attractive Valuations’ in China (bloomberg)
  3. US says formally invites new Chinese foreign minister Wang Yi to Washington (reuters)
  4. The U.S. is downgraded. How much does it matter to markets? And the surprise asset that may benefit. (marketwatch)
  5. opinion content. Beijing must start spending to secure China’s economic future (ft)
  6. Ford’s U.S. sales rose nearly 6% in July (cnbc)
  7. BAE Systems shares near fresh high as order backlog hits record amid defense budget boosts (martketwatch)
  8. CVS Stock Rises on Earnings and Revenue Beat (barrons)
  9. Fitch’s U.S. Credit Downgrade Is a Bad Look. Why It’s Not a Disaster. (barrons)
  10. Bank Stocks Could Soon Catch Up. How to Play It. (barrons)
  11. The Memory Chip Nightmare is Nearly Over (wsj)
  12. It Might Be Quitting Time for the Fed’s Rate Hawks (wsj)
  13. A Prominent Wall Street Bear Is Turning More Bullish. That’s How Much Stocks Have Rallied. (barrons)
  14. Wall Street’s Biggest Bull Just Got a Little More Cautious on the Stock Market (barrons)
  15. Opinion: U.S. and Europe are finding that breaking up with China is hard to do (marketwatch)
  16. Starbucks sees a big rebound in China (marketwatch)
  17. Employers Cut Off Access to Weight-Loss Drugs for Workers (wsj)
  18. Miami Sees Its First Population Drop in Decades (wsj)
  19. Why the US Credit Rating Was Cut by Fitch and What It Means (bloomberg)
  20. BofA Joins Fed in Reversing Recession Call Amid Growing Optimism (bloomberg)
  21. Amazon Unveils Biggest Grocery Overhaul Since Buying Whole Foods (bloomberg)
  22. Earnings have been coming in better than expected, says Hightower Advisors’ Stephanie Link (cnbc)
  23. Private sector added 324,000 jobs in July, well above expectations, ADP says (cnbc)
  24. Dan Loeb hails AI as a decade-defining technology like the PC and Internet – and says a severe recession looks unlikely (businessinsider)
  25. Visualizing How S&P 500 Sectors Perform Over The Business Cycle (zerohedge)
  26. Match (MTCH) shares rally 12% on strong results/guidance; BTIG upgrades to Buy on Tinder strength (streetinsider)
  27. BorgWarner’s second-quarter results beat estimates on auto parts demand (reuters)

Be in the know. 25 key reads for Tuesday…

  1. China’s Stock Rally Holds Promise as Bullish Indicators Emerge (bloomberg)
  2. China’s Big Tech firms in expansion mode after Beijing’s positive policy shift (scmp)
  3. China Is Trying to Make Its Gloomy Consumers Spend More (nytimes)
  4. 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)
  5. China Vows More Economic Support as Recovery Continues to Wane (bloomberg)
  6. China should act decisively to pull economy back from the brink: Cornell professor (cnbc)
  7. Strategists Scramble to Catch Up as S&P 500 Rally Rumbles On (bloomberg)
  8. China Seeks to Boost Consumption to Spur Growth Recovery (bloomberg)
  9. Biogen’s New Boss Is Delivering, but Stock Isn’t Pricing It in Yet (wsj)
  10. Apartment Buildings Are Popping Up Everywhere. How the Glut Changes Rent. (barrons)
  11. Home Buyers Feel Stuck. Why Wall St. Is Bullish on Housing. (barrons)
  12. Merck Tops Expectations. More M&A Could Be Next. (barrons)
  13. Piper Sandler raises S&P 500 target for 2023 as stock-market breadth expands, positive earnings underpin equities (marketwatch)
  14. S. Treasury increases borrowing estimate for third quarter to just over $1 trillion (marketwatch)
  15. The S&P 500 Has New Price Target. The Runaway Market Explains the Big Number. (barrons)
  16. Manufacturing stalled in the first half. But now the stage is set for a recovery, says JPMorgan. (marketwatch)
  17. Carnival bonds climb after cruise operator says it will save $120 million a year by retiring $1.2 billion in high-cost debt (marketwatch)
  18. New Ultrasound Therapy Could Help Treat Alzheimer’s, Cancer (wsj)
  19. CVS to Shed 5,000 Jobs in Cost-Cutting Push (wsj)
  20. Miami Is Shrinking (wsj)
  21. People Are Hiring D-List Celebrities to Deliver Their Bad News (wsj)
  22. Wall Street Economists Are Looking at a September Rate Pause (bloomberg)
  23. Economist Behind Popular Recession Gauge Worries She Created a ‘Monster’ (bloomberg)
  24. The ‘A’ word and these 2 other factors can unlock Amazon (AMZN) shares – Evercore ISI (streetinsider)
  25. Top stock pickers hit by ‘tremendous’ amount of uninvested cash (ft)

Be in the know. 30 key reads for Monday…

  1. China’s Cabinet Urges Cities to Roll Out Property Policies (bloomberg)
  2. 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)
  3. KraneShares: There are green shoots ahead for undervalued China stocks (cnbc)
  4. China just unleashed broad stimulus measures to fire up the economy (businessinsider)
  5. Beijing Signals It’s Not Just All Talk This Time (zerohedge)
  6. Intel deepens China presence with Shenzhen chip innovation centre (scmp)
  7. Beijing’s latest signals of support spur investor optimism (bloomberg)
  8. Hiking the last mile on inflation (npr)
  9. For the stock market, bad news is back to being good. Here’s why, says a Goldman Sachs economist (marketwatch)
  10. Disney Goes Back to the Future (nytimes)
  11. Jack Ma’s Ownership of New Firm ‘1.8 Meters’ Revealed, May Be BABA’s New Agriculture & Fisheries Biz (aastocks)
  12. Michael Milken was the junk bond genius who symbolized a ‘decade of greed’ but he was no Bernie Madoff (nypost)
  13. Mental Models: The Best Way to Make Intelligent Decisions (~100 Models Explained) (fs)
  14. How The Housing Bears Got the Last Year All Wrong (bloomberg)
  15. Here Are the Actual Mechanics Behind Powering AI (bloomberg)
  16. Barclays Sees a Turning Point Coming for American Restaurants (bloomberg)
  17. Want to Become a Millionaire? Follow Warren Buffett’s 4 Rules. (entrepreneur)
  18. M2 update: inflation still headed to zero (scottgrannis)
  19. They Said What? CEOs Keep Talking About a Soft Landing. (barrons)
  20. Martens stock leads European gains after report of activist investor buying (marketwatch)
  21. Opinion: CEOs say their companies can’t afford a cold war between the U.S. and China (marketwatch)
  22. China’s factory, services sectors show weakness, need for stimulus (reuters)
  23. China’s Economic Growth Problems Mount. Why The Stocks Are Fine. (barrons)
  24. This Bank Data Could Offer Clue on Rates. Check It Out Today. (barrons)
  25. Citigroup raises S&P 500 target for 2023 on increased chances of ‘soft landing’ (marketwatch)
  26. Amazon says it’s delivering more packages in one day or less after overhauling delivery network (cnbc)
  27. How Much More Will Homebuilders Have To Reduce Prices To Increase Sales? (zerohedge)
  28. Tech bulls lift Hong Kong stocks to 3-month high before Beijing measures (scmp)
  29. Rebound in M&A Activity (cnbc)
  30. Wedbush’s Dan Ives lays out his expectations for tech earnings this week (cnbc)

Be in the know. 12 key reads for Sunday…

  1. Why the Drivers of Lower Inflation Matter (wsj)
  2. Commercial property markets aren’t closed (ft)
  3. 1st 8 or 9 Days of August Weaker Pre-Election Years (Almanac Trader)
  4. Katie Ledecky passes Michael Phelps for most individual golds at world championships (npr)
  5. Zillow is so sure that U.S. home prices have bottomed that it just issued bullish calls for these 48 housing markets (fortune)
  6. The 50 Greatest Luxury Hotels on Earth (robbreport)
  7. Test-Driving The 207-MPH Flying Spur Speed On The Ultimate Bentley Road Trip (maxim)
  8. Watch This $4 Million McLaren Solus Race Car Win The Goodwood Festival Of Speed Shootout (maxim)
  9. The Aston Martin Valour Is An Awesomely Old-School V12 Muscle Car (maxim)
  10. 2023 Lotus Emira Review: Playtime Is Over (thedrive)
  11. Ant Group plans restructuring ahead of Hong Kong IPO (technode)
  12. Alibaba logistics unit Cainiao offers domestic express services, directly competing with rivals (technode)