Be in the know. 15 key reads for Christmas Eve…

  1. Inflation Slowed, but Holiday Spending Didn’t Keep Up (barrons)
  2. New home sales rise 5.8% in November — but not in the Northeast and South (nypost)
  3. Bloomberg eyes buying WSJ parent Dow Jones, Washington Post: report (nypost)
  4. Robots Are Replacing Workers Lost in the Pandemic. They’re Here to Stay. (barrons)
  5. How a Santa Claus rally, or lack thereof, sets the stage for the stock market in first quarter (marketwatch)
  6. Buffett’s Investment Aides May Be Having a Tough Year (barrons)
  7. Equity funds suffer largest ever weekly outflows: BofA Global (marketwatch)
  8. 3 Big Vaccine Developments Investors Should Watch in 2023 (barrons)
  9. A Semiconductor Renaissance Is Under Way. It Will Change the World. (barrons)
  10. Cheap? Maybe. But These Stocks Have Been Dead Money for Decades (barrons)
  11. Consumer Spending Tapered Off Ahead of the Holidays (wsj)
  12. Chinese Cities Reveal Covid Cases Surpassing National Tally (bloomberg)
  13. Speculators Slash Bets Against the Yen as BOJ Leaves Carry Traders Gasping (bloomberg)
  14. “Cranking up the pressure now will help us hold China’s feet to the fire and keep investors protected as we continue demanding complete access moving forward,” PCAOB Chair Erica Williams said in a statement. (bloomberg)
  15. Here’s why a bull market may have already started even though it doesn’t feel like it, according to eToro’s investment analyst (businessinsider)

Be in the know. 20 key reads for Friday…

  1. China Tech Stocks Are Winning Back Investors After Awful Year (bloomberg)
  2. A stock market indicator with one of the best track records has rare good news for investors (marketwatch)
  3. China estimates 250mn people have caught Covid in 20 days (ft)
  4. Supply Chains Upended by Covid Are Back to Normal (wsj)
  5. Inflation Slowed, but Holiday Spending Didn’t Keep Up (barrons)
  6. New Alzheimer’s Drug Could Cost $20,000 a Year: Group (barrons)
  7. Is a 2023 stock-market rebound in store after 2022 selloff? What history says about back-to-back losing years. (marketwatch)
  8. Here’s how U.S. investors can position themselves for the sea change out of Japan, according to Bank of America and Citi (marketwatch)
  9. Fed-favored PCE index shows annualized U.S. inflation rate falling to 5.5% in November (marketwatch)
  10. High U.S. inflation is on the wane, PCE price gauge shows (marketwatch)
  11. Senate Passes $1.65 Trillion Omnibus Bill After Deal on Title 42 Votes (wsj)
  12. Consumer Spending Rose Modestly in November (wsj)
  13. How China Downgraded Covid From ‘Devil’ Virus to a Common Cold (bloomberg)
  14. China Estimates Covid Surge Is Infecting 37 Million People a Day (bloomberg)
  15. UMich Inflation Expectations Tumble To 18-Month Lows (zerohedge)
  16. Tencent chief blasts managers in fiery townhall – sources (reuters)
  17. Equity funds record largest ever weekly outflows -BofA (reuters)
  18. Meta and Alphabet lose dominance over US digital ads market (ft)
  19. SoftBank raises $22bn in moves to sell down Alibaba stake (ft)
  20. BioNTech mRNA Vaccine Approved in Hong Kong, Week in Review (chinalastnight)

Be in the know. 25 key reads for Thursday…

  1. Jack Ma’s Ant Group could be among top 10 Asian IPOs in 2023 (scmp)
  2. Analysis: Fed’s balance sheet drawdown could sunset next year (reuters)
  3. China Pulling Out Stops To Revive Economy. Here’s What Investors Can Expect. (barrons)
  4. China Shows More Pragmatism—And Less Ideology—on Economy (wsj)
  5. China to Cut Quarantine for Overseas Travelers From Next Month (bloomberg)
  6. Tencent joins open-source chip group RISC-V as China navigates US sanctions (scmp)
  7. China’s cabinet pledges support for struggling property sector (scmp)
  8. Wall Street Expects a Santa Claus Rally (thestreet)
  9. Avatar 2, zero-Covid pivot keep China brokerages upbeat on market outlook (scmp)
  10. Costco’s Stock Is on Sale? (barrons)
  11. Bill Miller Is Still Bullish on Bitcoin, Amazon, and More (barrons)
  12. The IPO market is frozen. Here’s what’s needed for it to thaw (marketwatch)
  13. GE HealthCare Stock Is Trading. We Were Wrong. (barrons)
  14. Tom Cruise reveals ‘the most dangerous stunt’ he has ever done (nypost)
  15. Senators Reach Agreement to Move Forward on Omnibus Spending Bill (wsj)
  16. Xi Tells Russia’s Medvedev That China Wants Talks on Ukraine (bloomberg)
  17. The Chatbots Are Coming for Google (bloomberg)
  18. Drugmakers Are Testing Ways to Stop Alzheimer’s Before It Starts (bloomberg)
  19. BOJ Shift Sparks Japan Credit Opportunities, Nomura Asset Says (bloomberg)
  20. China’s Li Urges Hong Kong Leader to Boost Financial Hub Status (bloomberg)
  21. China’s Richest Shoppers Hold the Key to Luxury’s Future (bloomberg)
  22. Central Banks Will Be Forced to Pivot in 2023 (bloomberg)
  23. Tencent Billionaire Goes on a Tirade as Cracks Appear in Empire (bloomberg)
  24. ‘Santa Claus could come to town’ for US stocks soon as bargain hunters dive in, a top strategist says (businessinsider)
  25. A Wall Street bull – an endangered species: Credit Suisse’s Golub sees stocks rallying (streetinsider)