- Exclusive: China set to fine Ant Group over $1 billion, signalling revamp nears end-sources (reuters)
- China Turns to Back-Channel Diplomacy to Shore Up U.S. Ties (wsj)
- China’s Lockdowns Surge in Week Since Covid Policy Adjusted (bloomberg)
- US Presses China to Ease Up on Taiwan as Defense Chiefs Meet (bloomberg)
- Baidu Posts Surprise Sales Gain as Investors Eye Turnaround (bloomberg)
- Hedge Funds Cut Risk, Betting Stock Bounce Is a Bear-Market Trap (bloomberg)
- Best Buy Jumps After Tempering Gloom With Boost to Outlook (bloomberg)
- Nuclear Power Has One Last Chance to Flourish in the US (bloomberg)
- Bob Iger Is Back to Fix Disney. What If It Isn’t Broken? (barrons)
- Tech hiring is slowing down — these two charts explain how and why (marketwatch)
- Taiwan Party That Wants Stronger Ties With China Has a New Star (bloomberg)
- Larry Summers doesn’t see US interest rates topping 5% as the Fed juggles the ‘two-sided risk’ of inflation and slowdown (businessinsider)
- Billionaire investor Carl Icahn is reportedly betting big that GameStop shares will fall (businessinsider)
- Dollar tumbles from 20-year high as US inflation eases (ft)
- China Equities Lower As Dynamic Zero COVID Is Tested (chinalastnight)
Where is the money flowing today?
Tom Hayes – Quoted in Reuters article – 11/21/2022

Thanks to Chibuike Oguh for including me in his article on Reuters today. You can find it here:
Click Here to View The Full Reuters Article
Be in the know. 20 key reads for Monday…
- Disney Ousts Bob Chapek, Robert Iger Returns as CEO (wsj)
- Markets will shift to a ‘hope’ phase next year, and investors would be wise not to miss it, says Goldman Sachs (marketwatch
- 5 Stocks With the Potential to Rise 10 Times in Price (barrons)
- Casino stocks slump on new Chinese COVID-19 restrictions (marketwatch)
- Fed’s Aggressive Rate Hikes Are a Game Changer (wsj)
- Federal Reserve Minutes in Focus (wsj)
- Marcus Scribner and His Father Bond Over a Classic Muscle Car (wsj)
- Ben Affleck and Matt Damon to Start Film Production Company (nytimes)
- China’s Covid Curbs Return as Deaths Emerge, Casting Reopening Into Doubt (bloomberg)
- Citigroup Upgrades Hong Kong Stocks, Boosting Buy China Calls (bloomberg)
- Hoping for a Central-Bank Pivot? Forget the Fed and Look South (wsj)
- China Urges Banks to Maintain Stable Property Financing (bloomberg)
- Buffett’s Berkshire Ups Stakes in Japanese Trading Houses (bloomberg)
- Oil Plunges After Report On OPEC+ Production Increase (zerohedge)
- Worst Chinese Bond Drop Since 2016 Is Coming To An End (zerohedge)
- Cainiao Delivers Upgraded Services and Over 200 Mln Packages to Doorsteps During 11.11 (alizila)
- Ant’s Alipay+ Sees 40% Surge Of Online Payments During 11.11 (alizila)
- Alphabet, Meta and Pinterest best positioned in digital advertising – Goldman Sachs (streetinsider)
- Teva names former Sandoz chief Richard Francis as new CEO (yahoo)
- Hong Kong, China stocks have bottomed out, strategist who kick-started current rally says (scmp)
Tom Hayes – CGTN America Appearance – 11/15/2022
Quote of the Day…
Be in the know. 15 key reads for Sunday…
- Morgan Stanley analysts handpick 21 dividend stocks they think will provide attractive yields over the next 3-5 years as the economy slows (businessinsider)
- Trader Bets Millions On A Massive Pivot By The Fed, Expects 2% Rate By Mid-2023 (zerohedge)
- Ukraine Rejects Alleged Offer Of “Short Truce” By Russia (zerohedge)
- Hartnett: “There’s Your Credible Big Bull Trade: Bonds H1 ’23, Stocks H2 ’23” (zerohedge)
- Visualizing America’s Changing Demographics Over The Past 100 Years (zerohedge)
- Oil Prices Are Plunging, Curve Crashes Into Contango (zerohedge)
- Weakness Sets Up Bullish Thanksgiving Week/End-November Trade (Almanac Trader)
- Semiconductors Could Send Most Important Message Of The Year (kimblechartingsolutions)
- Nuclear fusion has been a pipe dream for decades, but it might actually be on the cusp of commercial viability (fortune)
- Why the Stick Shift Might Actually Survive the Electric Revolution (robbreport)
- The Rimac Nevera Is Officially World’s Fastest Electric Car (maxim)
- Book A ‘Yellowstone’ Getaway At This Luxury Montana Cabin (maxim)
- Tencent’s overseas gaming revenue helps lead Q3 recovery (technode)
- What the Biden-Xi Meeting Means for U.S.-China Relations (cfr)
- The Dutton Family Tree, Explained (townandcountrymag)
Be in the know. 25 key reads for Saturday…
- GM Sees Sales Rising 12% Yearly Through 2025, Mostly From EVs (bloomberg)
- Why Berkshire Hathaway’s Latest Big Bet Is on a Taiwanese Chip Maker (wsj)
- Formal US-China Talks on Climate Resume, Envoy Xie Zhenhua Says (bloomberg)
- Warren Buffett’s right-hand man blasted crypto, praised Elon Musk and Tesla, and defended the Fed in a rare interview this week. Here are the 14 best quotes. (businessinsider)
- Activist Investors Zero In on Big Tech’s Stumble (barrons)
- Home Sales Continue to Fall but Bottom May Be Near (barrons)
- GM’s Mary Barra Gets No Respect. Here’s Why She Should. (barrons)
- China’s Covid Policy Is Still Confusing. Stocks Rally Anyway. (barrons)
- India’s Growth Rate Could Be Twice China’s in the Next Decade. Investors, Take Note. (barrons)
- Intel’s Newest Director Buys Big Block of Stock (barrons)
- Fed Tightening Is Having More Impact Than You Might Think (barrons)
- Match Group Stock Has Been Knocked Down. It’s Time to Pick It Up. (barrons)
- China’s New Daily Covid Cases Jump Above 24,000 (wsj)
- TikTok Is Still Hiring as Competitors Shed Jobs (wsj)
- The Fed could pause its interest rate hikes right now, says Wharton’s Jeremy Siegel (cnbc)
- Disney Parks’ Ride Stoppages and Wait Times Grow as Ticket Costs Rise (wsj)
- The Big Read. FTX: inside the crypto exchange that ‘accidentally’ lost $8bn (ft)
- China recruits villagers to restore Foxconn’s iPhone production after staff exodus (ft)
- Kamala Harris Meets Xi Briefly as US-China Tensions Ease (bloomberg)
- How 18 semiconductor stocks shine when compared with Nvidia this earnings season (marketwatch)
- In Conversation with Ken Griffin (bloomberg)
- Alibaba stock pops after earnings as cost cuts pay off (marketwatch)
- Charlie Munger: Berkshire, Billionaires, & the Blockchain 11/15/22 (cnbc)
- I’ve yet to hear from Meta about how they plan to make money on the metaverse, says NYU’s Damodaran (cnbc)
- John Malone says he’s skeptical of ad-supported content as Netflix, Disney roll out ad tiers (cnbc)


