What I Am Reading
Wednesday, July 12, 2023
Markets
- Nasdaq Rebalance: Why the Big Six Like Nvidia and Apple Needed KneecappingBloomberg
- Why U.S. Equities Have Beaten International Equities Since 2010Morningstar
- China’s Reopening Trade Is Fizzling OutWall Street Journal
- Saudi Arabia Public Investment Fund Reports $11 Billion Investment Loss for 2022Bloomberg
Commodities
US
- CPI Report Shows Inflation Eased to 3% in JuneWall Street Journal
- Inflation Is Likely Lowest Since Early 2021—but Still Too Hot for FedWall Street Journal
- Measure It Differently, and Inflation Is Behind UsWall Street Journal
- It’s All About Housing: Rental Inflation and Its Measurement Play an Outsize Role in the Consumer Price IndexCenter for American Progress
- Credit Scores Went Up in Pandemic. Now, More Borrowers Are Slipping.Wall Street Journal
- Bidenomics: Chinese Capitalism With American CharacteristicsWall Street Journal
Geopolitics & trade
- EU and U.S. agree new data sharing deal: What is it and why it mattersCNBC
- Despite Yellen, U.S.-China Decoupling Has Momentum of Its OwnWall Street Journal
- U.S. Government Emails Hacked in Suspected Chinese Espionage CampaignWall Street Journal
- Ukraine’s Zelensky Tells NATO Not to Replace Membership With Security GuaranteesWall Street Journal
- North Korea Launches Suspected Long-Range MissileWall Street Journal
- Japan Is Ready and Able to Maintain U.S. Naval VesselsWall Street Journal
Industries & companies
- Autos:UAW opens auto contract negotiating with GM, Ford and StellantisCNBC
- Consumer:Amazon Prime Day is a made-up holiday to trick people into shoppingVox
- Financials:Goldman Breaks Own Rule to Flag Results Much Worse Than RivalsBloomberg
- Media:Google, Meta got data from tax prep firms, lawmakers call for probeCNBC
- Tech:Lina Khan Is Taking on the World’s Biggest Tech Companies—and LosingWall Street Journal