Be in the know. 17 key reads for Wednesday…

  1. Manchin privately tells WH he’ll back $1T of Biden’s budget resolution: report (Fox Business)
  2. Wall Street sees as much as 56% upside for its 20 favorite stocks (MarketWatch)
  3. Goldman Sachs Expects Less GDP Growth This Year. Blame Delta and Consumer Spending. (Barron’s)
  4. 5 Utility Stocks for Investors Chasing Yield (Barron’s)
  5. BlackRock responds to Soros’ criticism of its China investments (Fox Business)
  6. Intel’s Salvation Lies in Europe—but Not With Fabs (Wall Street Journal)
  7. Wells Fargo Isn’t Missing the Party Yet (Wall Street Journal)
  8. Intel to Invest Up to $95 Billion in European Chip-Making Amid U.S. Expansion (Wall Street Journal)
  9. Elliott Management Has a More Than $1 Billion Stake in Citrix Systems (Wall Street Journal)
  10. Wall Street Can’t Get Enough Fixer-Upper Houses (Wall Street Journal)
  11. Apple Likely Has More App Store Deals to Make (Wall Street Journal)
  12. SEC needs to find a way to curb payment for order flow (Financial Times)
  13. Japan upgrades Q2 GDP on stronger business spending (Reuters)
  14. 5 reasons why UBS just boosted its year-end S&P 500 forecast to among the highest on Wall Street (Business Insider)
  15. China’s central bank keeps the brakes on economic stimulus (CNBC)
  16. Investment Banks Turn Sour on U.S. Equity Outlook (Bloomberg)
  17. Ray Dalio Says China Opportunities Can’t Be Neglected (Bloomberg)

Be in the know. 22 key reads for Tuesday…

  1. Multiplying Crackdowns Haven’t Stopped Cash Pouring Into China (Bloomberg)
  2. Millions of Americans Travel Over Holiday Weekend Despite Covid Outbreaks (Barron’s)
  3. Tired of Losing Yet? The Energy Report 09/07/2021 (Phil Flynn)
  4. China’s economy gets welcome boost from surprisingly strong Aug exports (Reuters)
  5. COLUMN-Hedge funds in historic double-down on higher U.S. yields: Jamie McGeever (Reuters)
  6. Goldman Cuts Its US GDP Forecast For The Third Time In The Past Month (ZeroHedge)
  7. From Cradle to Grave, Democrats Move to Expand Social Safety Net (New York Times)
  8. China and Big Tech: Xi’s blueprint for a digital dictatorship (Financial Times)
  9. Famed Wharton professor says the next inflation reading is more important than the monthly jobs report. (Business Insider)
  10. Taper your pessimism — Fed’s actions won’t derail U.S. stocks, Barclays strategists say (MarketWatch)
  11. Boeing Now Has an Airbus Problem to Add to the List (Barron’s)
  12. Disney’s ‘Shang-Chi’ Flies to a Record Labor Day at the Box Office (Wall Street Journal)
  13. China’s Industrial Planning Evolves, Stirring U.S. Concerns (Wall Street Journal)
  14. Warning of Income Gap, Xi Tells China’s Tycoons to Share Wealth (New York Times)
  15. Consumers and Companies Are Buying In on Paying Later (New York Times)
  16. Xi Jinping May Be Leading China Into a Trap (Bloomberg)
  17. Chinese Technology Stocks Jump After Tencent Buys Back Shares (Bloomberg)
  18. Hong Kong Move to Reopen China Border Boosts Retail Stocks (Bloomberg)
  19. China’s ‘Mr. Income Distribution’ Explains Common Prosperity (Bloomberg)
  20. Xi’s Common Prosperity Drive Triggers a Rare Debate in China (Bloomberg)
  21. China Freezes Tutoring Firms’ Fees, Enrollment Pending Approvals (Bloomberg)
  22. Goldilocks Has Equity Investors In a Headlock (Bloomberg)

Be in the know. 8 key reads for Labor Day…

  1. Business Travel Rebound Stifled by Covid Resurgence (Wall Street Journal)
  2. China Says Government to Set Prices for After-School Classes (Bloomberg)
  3. Tech giants are rushing to develop their own chips – here’s why (CNBC)
  4. Some Chinese stocks briefly surge 30% as investors bet on a new Beijing exchange opening (CNBC)
  5. JD.com appoints new president as founder steps back from day-to-day operations (CNBC)
  6. Didi’s ride hailing rival Cao Cao raises $600 mln to expand (Reuters)
  7. China will improve opening up of capital market – securities regulator (Reuters)
  8. Dollar store chains are leading retail store openings in US: report (FoxBusiness)