Be in the know. 16 key reads for Tuesday…

  1. Powell Faces Lowest Public Confidence for Fed Chairman on Record, Gallup Says (bloomberg)
  2. Debt Ceiling: Biden and Congress Leaders Meet. What’s at Stake. (barrons)
  3. Regional Banks Look Safe. Dividend Seekers, Don’t Run. (barrons)
  4. It’s Time to Buy Regional and Community Banks, Says Hedge Fund Pro (barrons)
  5. Prepare for an Expensive Summer Travel Season. These Stocks Should Benefit. (barrons)
  6. These Are Wall Street’s Most Hated Stocks. Why You Should Love Them. (barrons)
  7. Yellen warns debt-ceiling breach would have ‘adverse impact’ on U.S. dollar’s status (marketwatch)
  8. Tipping at Self-Checkout Has Customers Crying ‘Emotional Blackmail’ (wsj)
  9. Lowered margin growth expectations push PayPal shares lower despite Q1 beat (streetinsider)
  10. ChatGPT Fever Has Investors Pouring Billions Into AI Startups, No Business Plan Required (wsj)
  11. Banks have tightened lending criteria after Silicon Valley Bank crisis (usatoday)
  12. Alibaba’s Global Online Commerce Arm Weighs a US IPO (bloomberg)
  13. Amazon offers shoppers $10 to pick up purchases as it targets delivery costs (reuters)
  14. Column: China’s imports of major commodities lose steam in April (reuters)
  15. Baxter (BAX) sells BioPharma to Advent and Warburg for $4.25 billion in cash (streetinsider)
  16. Stress Builds as Office Building Owners and Lenders Haggle Over Debt (nytimes)

Be in the know. 10 key reads for Monday…

  1. Here’s a full recap of everything Warren Buffett and Charlie Munger said at Berkshire’s annual meeting (cnbc)
  2. Devils deliver message with Game 3 destruction of Hurricanes to get back into series (nypost)
  3. Powell’s Bet Against Recession Looks Good — Minus the Credit Crunch and a DC Standoff (bloomberg)
  4. Warren Buffett says American banks could face more turbulence ahead, but deposits are safe (cnbc)
  5. Warren Buffett says investment opportunities come from ‘other people doing dumb things’ (marketwatch)
  6. U.S. and Allies Look at Potential China Role in Ending Ukraine War (wsj)
  7. China gave 190 chip firms US$1.75 billion in subsidies in 2022 (scmp)
  8. Chinese Bank Stocks Soar, Adding $159 Billion in Trading Frenzy (bloomberg)
  9. Family offices move to ‘risk on’ with plans to load up on stocks, private credit (cnbc)
  10. 2 Ways to Earn Billions: Warren Buffett and Charlie Munger Talk Elon Musk (barrons)

 

Be in the know. 10 key reads for Sunday…

  1. China sees tourism and consumption rebound to 2019 levels in May vacation week (technode)
  2. FDIC Pushes to Raise the $250,000 Deposit Insurance Cap for Business Accounts (inc)
  3. Breach of Trust: Decoding the Banking Crisis (aswathdamodaran)
  4. Jerome Powell’s sappy talk on banks is weak after multiple collapses (nypost)
  5. Warren Buffett faults handling of bank failures, upbeat on U.S., Berkshire (reuters)
  6. Is Big Tech Back? (gs)
  7. Warren Buffett’s Formula for Success: One Good Decision Every Five Years (wsj)
  8. Warren Buffett Retains Sense of Optimism at Berkshire’s Annual Meeting (wsj)
  9. How the Fed got so powerful (npr)
  10. Investors Are Loving Companies That Are Finding Excuses to Raise Their Prices (bloomberg)

Be in the know. 20 key reads for Saturday…

  1. Apple Beats Recession Fear. Why It Can Keep Winning. (barrons)
  2. Jobs Growth Is Robust, But April Data Also Hint at a Slowdown (barrons)
  3. What’s the Real Situation with CRE and Banks: Doom Loop or Headline Hype? (moodys)
  4. CRE is Vulnerable, but Please Don’t Overlook the Details (moodys)
  5. Why the stock market and the Fed are on ‘two different pages’ after Friday’s jobs report (marketwatch)
  6. Google Retools to Stay at the Top of Search (wsj)
  7. PacWest Stock Surges 82%, Regional Banks Recover After Selloff (wsj)
  8. The Big Read. JPMorgan: the bank that never lets a crisis go to waste (ft)
  9. FDIC Mulls Loss-Sharing With Nonbanks to Boost Bids on Failures (bloomberg)
  10. This Kentucky Derby, Back a Dark Horse With No Regrets (bloomberg)
  11. Xi Calls for Population-Plan Revamp as China’s Demographic Crisis Builds (bloomberg)
  12. Fed Can Still Achieve Soft Landing, Bullard Says (bloomberg)
  13. Wall Street Is Getting More Worried About the Debt Ceiling. These Charts Show How Much (bloomberg)
  14. Mario Gabelli, John Rogers, and 3 other Warren Buffett experts just weighed in on the banking turmoil, pressure on house prices, and some of the investor’s biggest bets. Here are their 10 best quotes. (businessinsider)
  15. What Warren Buffett is buying in Japan’s Berkshire Hathaway look-alikes (cnbc)
  16. Biopharma firm Acelyrin valued at $2.1 billion in strong market debut (reuters)
  17. Haynesville natural gas production reached a record high in March 2023 (eia)
  18. 5 Book Recommendations From Charles Munger (acquirersmultiple)
  19. The 10 Greatest US Investors and the Virtues That Made Them (cfa)
  20. First Drive: Shredding Ferrari’s Super SUV Purosangue Through The Alps (maxim)