Menu

Theme

What I Am Reading

Wednesday, January 24, 2024

Markets

Dow goes from 37,000 to 38,000 in just 40 days. A history of the Dow and big round numbersCNBC
Greed is good? Not in the oil industry.The Hill
Xi Jinping Stars as King Canute With Chinese StocksWall Street Journal
A Smarter Way to Play ‘China Bailout Roulette’Wall Street Journal

Central banks

China cuts bank reserves to defend markets, spur growthReuters
China Moves to Boost Bank Lending in Broad Effort to Prop Up GrowthWall Street Journal
Foreign central banks think twice on US TreasuriesReuters
Fed Review Clears Central Bank Officials of Violating RulesWall Street Journal

US

Labor Supply Helped Tame Inflation. It Might Not Have Much More to Give.Wall Street Journal
How a new Labor Department rule will affect independent contractor misclassificationCNBC
Nikki Haley Vows to Fight in South Carolina as Trump, Biden Say 2024 General Election Has Now BegunWall Street Journal
Trumponomics 2.0: Less Tax Tailwind, More Trade TurmoilWall Street Journal
Jamie Dimon's MAGA warning to Dems is right on targetNY Post
Will Gen Z Receive Social Security?Wall Street Journal

China

China's attempts to lift confidence in economy fall flatReuters

Geopolitics & trade

As tankers divert from Red Sea, booming US oil gets another boostCNBC

Industries & companies

Autos:Amazon car-buying seeks to reshape dealershipsCNBC
Media:The Disney Sequel Bob Iger Never WantedWall Street Journal
Restaurants:Chipotle Plans to Offer New Benefits to Draw Younger Workers for Burrito SeasonWall Street Journal
Retail:Retailers Return to Bringing in Inventory ‘Just in Time’Wall Street Journal
Tech:SAP plans job changes or buyouts for 8,000 employees in restructuringCNBC

Corporate finance

Strong Second Half Drives 2023 Secondary Deals to $112 BillionWall Street Journal

Artificial Intelligence

Beyond markets

There Are Superfans. Then There Are Fast-Food Superfans.Wall Street Journal