Be in the know. 20 key reads for Tuesday…

  1. Alibaba (BABA) stock is a new Top Pick at Goldman Sachs and Morgan Stanley (streetinsider)
  2. Xi Jinping’s plan to reset China’s economy and win back friends (ft)
  3. The Fed will start cutting rates this summer as core PCE inflation will drop to 2.1%, says UBS’ global chief economist (businessinsider)
  4. Chinese stocks have been on a tear. Morgan Stanley says it’s turning even more bullish on China. (marketwatch)
  5. Ant Group Won’t Be Squashed After All (wsj)
  6. US Online Prices Drop a Fourth Month on Steep Holiday Discounts (bloomberg)
  7. The Chatbots Are Coming for Google (bloomberg)
  8. ChatGPT Is No Magic Bullet for Microsoft’s Bing (bloomberg)
  9. 5 Beaten-Down Stocks That Can Outperform This Year (barrons)
  10. Meta, Alphabet, and Uber Are Top Tech Stock Picks for 2023, Says Analyst (barrons)
  11. Beijing Signals Two-Year Internet Crackdown May Be Coming to an End (wsj)
  12. Pfizer gears up to make Covid drug Paxlovid in China (ft)
  13. Emerging market stocks jump 20% from October low (ft)
  14. Experts Spent Years ‘Angst-ing’ Over Value. In the End, the Answer Was in the Textbook. (institutionalinvestor)
  15. Jamie Dimon sounds alarm on rising US debt having ‘potentially disastrous outcomes’ (foxbusiness)
  16. Mary Daly Says Slower Rate Raises Could Help Fed Account for Monetary Policy Lags (wsj)
  17. Meta Named Favorite Internet Stock for 2023 in JPMorgan Survey (bloomberg)
  18. Amazon expands its service that adds Prime badge to other sites (cnbc)
  19. A new rally in US housing could drive a 20% surge in Zillow stock, Bank of America says (businessinsider)
  20. ‘Stocks look downright cheap’: These are the top 33 bargain stocks to buy heading into 2023, according to Morningstar (businessinsider)

Be in the know. 26 key reads for Monday…

  1. Eurozone inflation returns to single figures in sharper than expected fall (ft)
  2. Goldman to Cut About 3,200 Jobs This Week After Cost Review (bloomberg)
  3. Alibaba Leads China Tech Gains as Regulatory Woes Ease Further (bloomberg)
  4. Asia Stocks On Track to Enter Bull Market as China Rally Extends (bloomberg)
  5. Beijing Signals Two-Year Internet Crackdown May Be Coming to an End (wsj)
  6. Looking to Play American Airlines, JetBlue? Consider Their Convertible Bonds. (barrons)
  7. Goldman Sees China Stock, Yuan Gains Extending on Policy Shifts (bloomberg)
  8. Hedge Funds Boost Dollar Shorts on Bets for Slower Fed Hikes (bloomberg)
  9. Jack Ma Is Giving Up Control of Ant. What Does That Mean for Ant’s IPO Reboot? (bloomberg)
  10. Over 800,000 UK Households to See Mortgage Rates Double in 2023 (bloomberg)
  11. Country Garden Stocks Triple on Funding, China Property Support (bloomberg)
  12. Tech Companies Keep Slashing Jobs (bloomberg)
  13. These Are the Wall Street Firms Making Job Cuts (bloomberg)
  14. FDA Approves Eisai and Biogen’s New Alzheimer’s Therapy (barrons)
  15. Used-Car Dealers’ Stocks Attract Buying From Insiders (barrons)
  16. The Dow takes ‘important first step’ toward a new bull market (marketwatch)
  17. Globalization is not dead, but it is facing a big tail-risk, expert says (marketwatch)
  18. Opinion: Republicans and Democrats actually agree that America must be a tech leader. Here’s what this means for the U.S. economy and jobs. (marketwatch)
  19. Tech’s Bill Is Coming Due. Investors Aren’t the Only Ones Who Will Pay. (barrons)
  20. Wall Street Sets Low Bar for Corporate Earnings Season (wsj)
  21. As White-Collar Layoffs Rise, Blue-Collar Resilience Faces Test in 2023 (wsj)
  22. China Reopens to the World as International Travel Restrictions End (wsj)
  23. Goldman Sachs: These 40 stocks have at least 34% upside right now while the rest of the market struggles for gains in 2023 (businessinsider)
  24. Chinese rush to renew passports as COVID border curbs lifted (reuters)
  25. Alibaba founder Jack Ma in Thailand to continue study of farming technology (scmp)
  26. Jeff Ubben takes $500mn stake in Bayer (ft)

Be in the know. 10 key reads for Sunday…

  1. China’s Open Borders Mark Covid Zero End, Spark Homecoming Rush (bloomberg)
  2. John Mack on Life Lessons From Financial Crisis (bloomberg)
  3. India Just Became The World’s 3rd Largest Automobile Market (zerohedge)
  4. Financing for Chinese real estate firms jumps 33% year-on-year in December (reuters)
  5. Wall Street Sets Low Bar for Corporate Earnings Season (wsj)
  6. Alibaba’s grocery chain Freshippo records first profitability in key segment, eyes expansion in 2023 (technode)
  7. China Reopens to the World as International Travel Restrictions End (wsj)
  8. Hiring, Wage Gains Eased in December, Pointing to a Cooling Labor Market in 2023 (wsj)
  9. The ‘everything bubble’ has popped and the experts on Wall Street and in Silicon Valley were spectacularly wrong about a ton of things (fortune)
  10. Billionaire Jack Ma Is Giving Up Control of Ant Group (bloomberg)

Be in the know. 27 key reads for Saturday…

  1. FDA Approves Eisai and Biogen’s New Alzheimer’s Therapy (barrons)
  2. The Dow Soars 700 Points as Wage Growth Slows (barrons)
  3. The Case for Holding—Not Selling—GE’s Healthcare Spinoff (barrons)
  4. Salesforce co-CEO Marc Benioff hints at more potential layoffs after this week’s job cuts (cnbc)
  5. Semiconductor Companies are Struggling. A Bottom Could Be Nearer. (barrons)
  6. New Chinese mRNA Covid vaccine shows positive early results (ft)
  7. Jack Ma Is Spotted in Thailand in a Rare Public Appearance (bloomberg)
  8. What stock-market investors need to know about the ‘January Indicator Trifecta’ (marketwatch)
  9. History shows odds favor a 20% stock-market return in 2023 after a brutal 2022, Fundstrat says (marketwatch)
  10. Treasury yields plunge on raft of U.S. data, handing 30-year rate biggest weekly decline since March 2020 (marketwatch)
  11. CrowdStrike Stock Has Tumbled. One Director Scooped Up Shares. (barrons)
  12. Tesla’s Battered Stock Looks Like a Buy Again (barrons)
  13. What China’s reopening means for markets, according to Goldman Sachs (marketwatch)
  14. Goldilocks scenario? Slower increases in worker wages could help U.S. economy avert a recession. (marketwatch)
  15. Snowflake Is a Great Cloud Stock to Buy on the Dip, Says Wells Fargo (barrons)
  16. China Stock Traders Bet Consumption Will Supercharge 2023 Rally (bloomberg)
  17. Goldilocks Makes an Appearance in the Jobs Market (bloomberg)
  18. The $350,000 Mercedes-AMG G63 4×4² Is an Unapologetic Joy Ride (bloomberg)
  19. ‘Avatar 2’ Beats ‘Top Gun’ Sequel With $1.5 Billion in Global Sales (bloomberg)
  20. From Miami to Manhattan, the 14 Most Anticipated Restaurants in America (bloomberg)
  21. Signs of Seller Exhaustion Left Stocks Primed for a Big Bounce (bloomberg)
  22. China Stock Traders Bet Consumption Will Supercharge 2023 Rally (bloomberg)
  23. Jack Ma Is Spotted in Thailand in a Rare Public Appearance (bloomberg)
  24. Bill Miller doubles down on Amazon after a rough year, while shorting Tesla increasingly (cnbc)
  25. CES 2023: What we learned about the cars of the future (usatoday)
  26. Why Does Private Equity Get to Play Make-Believe With Prices? (institutionalinvestor)
  27. 33 Undervalued Stocks for Q1 2023 (morningstar)