Barron's - USA (2021-07-12)

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CONTENTS 07.12.21 VOL.CI NO.

Index P. 4

Review & Preview P. 8

Mailbag P. 31

Inside Scoop P. M

Charting the Market P. M

Winners and Losers P. M

Research Reports P. M

Market View P. M

Cover Illustration by

Peter Greenwood

Seeing Red

Source: FactSet

Stocks of prominent Chinese companies are taking big hits from the regulatory moves.

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5%

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July July 9

Tencent Holdings JD.com Alibaba Group Holding Baidu NIO

P. 10

Keeping China in the Mix

Beijing’s regulatory crackdown is making investing in China more treacherous, but the

uncertainty could also present opportunities for bargain hunters willing to stick around

for the long term.By RESHMA KAPADIA

P. 12

The FDA’s Reputation

Called Into Question

The FDA’s controversial decision

to approve Biogen’s Alzheimer’s

treatment could have longer-term

implications for investors.

By JOSH NATHAN-KAZIS

P. 14

Catching the Wave

With Malibu Boats

Sizing Up Small-Caps: The

powerboat maker has the brands

and snazzy technologies to sustain

growth even if boating cools off.

By DAREN FONDA

P. 15

U.S.-China Relations

Through the Decades

Barron’s Centennial: The nations’

relationship wasn’t always so

fraught, as reflected in Barron’s

coverage over the past 100 years.

By KENNETH G. PRINGLE

P. 18

The Meme Crowd

Upends the Old Guard

Cover Story: The social-media-

fueled frenzy for retail investing

is reshaping Wall Street and

influencing corporate policy.

By AVI SALZMAN

P. 23

Memes Are Too Much

of a Moving Target

Stymied by traders who refuse to

follow the long-established rules of

valuing stocks, some analysts are

backing away from volatile names.

By CONNOR SMITH

P. 28

The Fed Needs to Ease

Off the Easy Money

Q&A: Robert Kaplan may be one

of the Federal Reserve’s most

hawkish members, yet even he’s

wary about raising interest rates.

By LISA BEILFUSS

P. 5

Up&DownWallStreet:

Central Banks Still

Play a Pivotal Role

By RANDALL W. FORSYTH

P. 7

Streetwise:Crackdown

on the $1 Trillion Club

By ALEX EULE

P. 17

Economy:A Spending

Battle Isn’t So Bad

By LISA BEILFUSS

P. 24

Profile:Why Oakmark

Fund’s Bill Nygren

Likes Facebook

By LAWRENCE C. STRAUSS

P. 25

Funds:Parnassus Gives

AMGMoreESGHeft

By LESLIE P. NORTON

P. 26

Tech Trader:These

Tools Are Trending

By ERIC J. SAVITZ

P. 30

Other Voices:How to

Boost U.S. Security

By DAN COATS

P. 31

Income:The Best

REITstoBuyNow

By LAWRENCE C. STRAUSS

P. M

Trader:More Growth

Is Likely—Even if It

Isn’t as Impressive

By BEN LEVISOHN

P. M

Euro Trader:Upside

Ahead for AstraZeneca

By LINA SAIGOL

P. M

Emerging Markets:

Braving Chinese Bonds

By CRAIG MELLOW

P. M

Striking Price:ASafer

WaytoPlayChina

By STEVEN M. SEARS

P. M

Commodities:Sugar

Could Sweeten the Pot

By SIMON CONSTABLE

Barron’s Roundtable

on Fox Business

Watch our TV show Fridays at 10

p.m. or 11:30 p.m. ET; Saturdays at

10 a.m. or 11:30 a.m. ET; or

Sundays at 7 a.m., 10 a.m., or 11:

a.m. ET. This week, see an

interview with Vimeo CEO Anjali

Sud on what’s next for the newly

public company, and get insights

on the meme-stock phenomenon

from Wedbush Securities analyst

Michael Pachter. Plus, what to

look for in upcoming earnings.