Quote of the Day…
Be in the know. 20 key reads for Thursday…
- A Trader Spent $50 Million on Options Betting on S&P 500 Rally (Bloomberg)
- Imminent China Evergrande deal will see CCP take control (Asia Markets)
- It’s Just Evergrande. The Energy Report 09/23/2021 (Phil Flynn)
- Boeing lifts China jet demand estimate over two decades to $1.47 trln (Reuters)
- US jobless claim rise 351,000 in surprise jump (Fox Business)
- The Beginning of Tapering Is in Sight. What It Means for Markets. (Barron’s)
- Rates May Rise Sooner Than Expected, Fed Indicates (Barron’s)
- How the dean of valuation prices loss-making tech stocks — and his views on Amazon, Netflix and Airbnb (MarketWatch)
- China Will Need More Planes, Boeing Says. (Barron’s)
- Evergrande Is in Crisis, but a Risky China Still Beckons to Investors (Wall Street Journal)
- General Mills Shows Food Is Still Glorious (Wall Street Journal)
- Beyond Evergrande’s Troubles, a Slowing Chinese Economy (New York Times)
- China Pumps $17 Billion Into System Amid Evergrande Concerns (Bloomberg)
- China Tells Evergrande to Avoid Default on Near-Term Dollar Bonds (Bloomberg)
- BlackRock Targets China Tech Billions After ETF Loses Top Spot (Bloomberg)
- Big Pharma Isn’t Done Rolling Out Covid Treatments (Wall Street Journal)
- Carnival to have over half of its cruise ships sailing again by the end of October (MarketWatch)
- Oil Is Back Over $70 and 4 Stocks That Pay Massive Dividends Are Cheap (247wallst)
- ‘It’s really easy to navigate’ this stock market, says a BofA star strategist. Here’s what she says to do (marketwatch)
- The Fed prepares to tighten: five takeaways from its latest meeting (Financial Times)
The “Perfect Landing” Stock Market (and Sentiment Results)…
Yesterday we heard from Chair Powell. His sole mission is to land the plane (unwind emergency policy) with no casualties, and he is well on track to do so. He’s the “Sully” of monetary policy: Continue reading “The “Perfect Landing” Stock Market (and Sentiment Results)…”
Tom Hayes – Kitco News Appearance – 9/22/2021
Where is money flowing today?
Be in the know. 27 key reads for Wednesday…
- Verizon Expects a Big Year for 5G—and Potential Price Hikes (Barron’s)
- AT&T’s CEO Says the Stock Is Undervalued. (Barron’s)
- SoftBank to Back Steven Mnuchin’s $2.5 Billion Private Equity Fund (Barron’s)
- China Evergrande Reaches Deal on Key Domestic Bond Payment. What That Means. (Barron’s)
- Fed Meeting Ends Today. Look for Clues on Taper Timing, Interest-Rate Liftoff. (Barron’s)
- Evergrande Crisis Isn’t a Lehman Brothers Event That Will Take Down the Market (Barron’s)
- Big Tax Changes Are Brewing What You Need to Know. (Barron’s)
- The Bond Market Has Had a Historic Bull Run. Here’s What We’ve Said About It Over the Years. (Barron’s)
- SoftBank to Back Steven Mnuchin’s $2.5 Billion Private Equity Fund (Barron’s)
- 5 Things to Know About the Democrats’ Tax Proposals (Barron’s)
- Powell’s Taper Tightrope Could Be Complicated by Fed ‘Dots’ (Wall Street Journal)
- SEC’s Gensler Doesn’t See Cryptocurrencies Lasting Long (Wall Street Journal)
- Russia’s New Gas Pipeline to Germany Delivers More Power to Moscow (Wall Street Journal)
- Uber Says First Adjusted Profit Possible This Quarter (Wall Street Journal)
- FedEx Earnings Reflect Labor Shortage, Supply-Chain Woes (Wall Street Journal)
- China’s Regulatory Storm Risks Triggering Wider Economic Damage (Wall Street Journal)
- Global Traders Given Evergrande Reprieve as PBOC Adds Liquidity (Bloomberg)
- Jerome Powell Is Confronting a World of Risks to the Fed’s Taper Timeline (Bloomberg)
- Democrats’ Big Plans Shrink in Face of Disunity, Implacable GOP (Bloomberg)
- Fed Dot Plot to Show Debate on 2022 Liftoff: Decision-Day Guide (Bloomberg)
- Stronger mortgage demand points to September surge in home sales (CNBC)
- 4 reasons why the market will see a full rebound from the Evergrande sell-off as early as this week, according to Fundstrat’s Tom Lee (Business Insider)
- News Corp sets new $1 billion stock buyback program (marketwatch)
- Move to These 5 Big Dividend Winners Now (247wallst)
- Hardly Evergrande: China’s economy seen needing more support as curbs on property and tech take toll (Reuters)
- Cheerios-owner General Mills sales jump on pet food boom (Yahoo! Finance)
- Evergrande and the end of China’s ‘build, build, build’ model (Financial Times)
