What I Am Reading
Tuesday, October 17, 2023
Markets
- Stocks close higher, Dow rallies 300 points as optimism over earnings outweighs higher ratesCNBC
- Long-End Treasuries Fluctuate by Most Since 2020 Pandemic OnsetBloomberg
- Bonds Have Been Awful Investments. It’s a Good Time to Buy.New York Times
- US, Venezuela to announce oil sanctions deal on Tuesday -reportReuters
- Investors dumped oil among fastest rates in last decadeReuters
- More Chinese companies vow share buybacks as market sags furtherReuters
US
- If the Economy Is So Strong, Why Are Consumer Stocks Tanking?Wall Street Journal
- This Inflation Report Won’t Let the Fed Declare VictoryWall Street Journal
- It’s Getting Too Expensive to Have FunWall Street Journal
- Home Sales on Track for Slowest Year Since Housing BustWall Street Journal
- 53% of Gen Z see high cost of living as barrier to financial successCNBC
China
- China's robust imports of major commodities question weak economy viewReuters
- Chinese Corporate Borrowing Slumped in Q3, According to China Beige BookBloomberg
- Country Garden's entire offshore debt to be in default if Tuesday payment not madeReuters
- The Scenarios China Evergrande Group Would Face in a Potential LiquidationBloomberg
Geopolitics & trade
- Israel-Hamas war: How geography could shape a ground incursion in GazaCNBC
- Biden to Visit Israel as U.S. Push for Border Opening StallsWall Street Journal
- How the Israel-Hamas War Is Tilting the Global Power Balance in Favor of Russia, ChinaWall Street Journal
- How Singapore Can Adapt in a Time of US-China Stress, Climate ChangeBloomberg
Industries & companies
- Autos:Ford, UAW leaders spar as auto strike costs riseReuters
- Autos:Automakers blast US plan to hike fuel efficiency rulesReuters
- Consumer:Tyson Foods workers, activists protest child labor in US meat sectorReuters
- Financials:Goldman Sachs Wants Out of Consumer Lending. Employees Say It Can’t Happen Fast Enough.Wall Street Journal
- Media:Taylor Swift Eras Tour box office: Second best October openCNBC
- Media:AMC’s Taylor Swift deal fulfills theater chain’s wildest dreams and here’s howFOX
Corporate finance
- Exxon Mobil Closing In on Megadeal With Shale Driller PioneerWall Street Journal
Technology
- Sweetgreen Hires Kale-Shooting Robots to Speed Up ServiceWall Street Journal
- Memory-Chip Stocks Can Ride the AI Gravy Train, TooWall Street Journal
- AI Could Spur an Economic Boom. Humans Are in the Way.Wall Street Journal
- No company is immune from cyberattacksThe Hill