Be in the know. 12 key reads for New Year’s Eve…

  1. China’s Xi Jinping Provides Rare Acknowledgment of Covid Policies’ Toll (WSJ)
  2. Japan Inflation Hits Four-Decade High, Pressuring Central Bank Policies in 2023 (WSJ)
  3. The Bull’s Worst Recession Fear: There Won’t Be One (barrons)
  4. Hong Kong’s Dollar PEG is on Increasingly Thin Ice (FT)
  5. Xi’s China GDP Estimate Shows Economy Grew at Least 4.4% in 2022 (bloomberg)
  6. Bill Ackman’s Pershing Square Lifts Stake in Developer Howard Hughes (barrons)
  7. U.S. Home Sales Post Record 10th Straight Month of Declines (WSJ)
  8. How to Calculate ROIC and Handle Common Issues (MS)
  9. NHL’s Bettman Has Plan to Keep Hockey a Big 4 Sport ‘Forever’ (bloomberg)
  10. Just 5 trading days accounted for 94% of the S&P 500’s decline (marketinsider)
  11. Exlusive: Drugmakers to raise prices on at least 350 drugs in U.S. in January (Reuters)
  12. Taiwan to plough $12 billion in excess tax revenue back into economy 2023 (Reuters)

Be in the know. 20 key reads for Friday…

  1. What a Crazy Year: A Bear Market, Oil’s Pop, and Those Bond Yields (barrons)
  2. China’s Economic Activity Rebounds in Cities Where Covid Peaked (bloomberg)
  3. 6 Value Stocks Poised to Shine in 2023 (barrons)
  4. Xi Appoints US Envoy as Foreign Minister in Sign of Softer Touch (bloomberg)
  5. Zhangzhou offers homebuyers subsidies as Chinese cities move to spur market (scmp)
  6. China’s Covid Easing and Policy Pivots Brighten Outlook for Stocks (wsj)
  7. An Epic Dollar Rally Goes Into Reverse—and Investors Expect Further Declines (wsj)
  8. Buy Bank of America Stock. Shares Look Cheap, Too. (barrons)
  9. Google Parent Alphabet Has Had a Rough Year. Investors Should Snatch Up Shares. (barrons)
  10. China’s Covid Reopening Will Be Bumpy. (barrons)
  11. Best stock picks for 2023: Here are Wall Street analysts’ most heavily favored choices (marketwatch)
  12. China property junk-bond party is here as December rush delivers 65 per cent bonanza (scmp)
  13. Apple iPhone Output in China Begins to Catch Up Despite Covid-19 Issues (wsj)
  14. China Has No New Covid Variants as Sequencing Efforts Strengthen (bloomberg)
  15. US Stock Options Smash Record, Surpassing 10 Billion Contracts (bloomberg)
  16. Russia Russia Russia. The Energy Report 12/30/2022 (Phil Flynn)
  17. Warren Buffett has surpassed Jeff Bezos in wealth — and threatens to oust Bill Gates as the 2nd-richest American after Elon Musk (businessinsider)
  18. Warren Buffett nicknamed his private jet ‘The Indefensible’ – then renamed it ‘The Indispensable’ after realizing its value (businessinsider)
  19. Solid December sales report expected by Costco (COST) — Telsey Group (streetinsider)
  20. Global stocks set to post worst year since 2008 financial crisis (ft)