Weekend 12/02 & 12/03
A Close Look at the Labor Market This Week May Give Reasons to Be Cheerful – bbg
US Payrolls Are Seen Picking Up After End of UAW Strike – bbg
Stock Shopping Spree, Climate Summit: Saturday US Briefing – bbg
Meme-Stock Crowd Plows Into Cross-Asset Rally Lifting Risky Bets – bbg
The Future of Nuclear Energy Will Be Decided In Idaho – bbg
Heavy Snowfall Disrupts Travel in Southern Germany, Switzerland – bbg
Charting the Global Economy: Growth Is Slowing Around the World – bbg
Wall Street Bets on Soft Landing Again in Best Month Since 2008 – bbg
Friday 12/01
Watch Federal Reserve Chair Jerome Powell speak live in Atlanta on policy – cnbc
“A November To Remember”: The Best And Worst Performing Assets In November And YTD – Zerohedge
Average 60/40 Portfolio Has Best Month in November Since 1991 – BofA – Reuters
Greece’s Upgrade by Fitch Broadens Market for Country’s Bonds – bbg
Powell’s Dovish Comments Send Everything Soaring, Gold Hits All Time High As Dollar Plummets – Zerohedge
S&P 500 Rises to Highest Close of 2023 Amid Rate Cut Optimism – Reuters
S&P 500 rises on Friday to close at 2023 high – cnbc
US Equity Funds See Weekly Outflows Amid Profit-Taking, Economic Report Caution – Reuters
Here’s When the Fed Will Cut Interest Rates, According to Experts – money
Powell Says Fed to Move ‘Carefully’ on Interest Rates, ‘Soft Landing’ Taking Shape – Reuters
Powell Pushes Back on Rate-Cut Bets, But Markets Push Back Harder – bbg
Fed Chair Powell calls talk of cutting rates ‘premature’ and says more hikes could happen – cnbc
Weight-Loss Drugs Are a Gold Mine, and Just as Elusive – bbg
Stocks making the biggest moves midday: Tesla, Disney, Alibaba, Ulta Beauty and more – cnbc
ECB May Consider Interest Rate Cut Next Year, Villeroy Says – bbg
European Shares Hit Four-Month Highs as Miners Rally – Reuters
Suicide Risk From Weight-Loss Drugs Prompts More EU Questions – bbg
European Stocks Extend $1.2 Trillion Rally Before Powell Speech – bbg
US Manufacturing Surveys Signal Stagflation: Prices Paid Up As Jobs Drop – Zerohedge
Stocks making the biggest moves premarket: Pfizer, Disney, Tesla, Alibaba and more – cnbc
Futures Drop In First Trading Day Of Last Month As Powell “Fireside Chat” Looms – Zerohedge
Bill Gross’s Recession Bet Has Minted Millions From Bond Rally – bbg
European Banks Stuck in Trough Amid Profit Concern, Goldman Says – bbg
Euro Zone Factory Downturn Eased a Touch in November -PMI – Reuters
German Manufacturing Downturn Eased in November – PMI – Reuters
As Chinese Stocks Tumble To 4 Year Low, Beijing Steps In, Buys ETFs – Zerohedge
Thursday 11/30
Business Live – guardian
Biggest Blowout in Bonds Since the 1980s Sparks Everything Rally – bbg
Money Market Funds See Massive Inflows As Fed’s Bank Bailout Fund Holds At Record High – Zerohedge
Dollar and yields rise on month-end while oil dances to OPEC – Newsquawk US Market Wrap
Dow jumps 500 points to new 2023 high Thursday, capping 8% November rally – cnbc
Fed’s Favorite Inflation Indicator Slides To 30 Month Lows, Savings Rate Ticks Higher – Zerohedge
Continuing Jobless Claims Surge To 2 Year Highs – Zerohedge
Oil kingpin Saudi Arabia extends its production cut into first quarter as OPEC+ holds policy – bbg
Fed’s Favorite Inflation Indicator Slides To 30 Month Lows, Savings Rate Ticks Higher – Zerohedge
US Futures Rise As November Surge Closes Strong, Oil Jump Ahead Of Fresh OPEC+ Output Cut – Zerohedge
JPMorgan Buys a 10.6% Stake in Spanish Defence Company Indra – Reuters
Traders Fully Price ECB Rate Cut in April for First Time – bbg
Dutch Government Plans to Cut Stake in ABN Amro Bank to 40% – bbg
French Economy Contracts in Q3, Inflation Continues to Ease – Reuters
French Economy Unexpectedly Shrinks and Inflation Pressures Ease – bbg
German Retail Sales Rise More Than Expected in October – Reuters
European markets head for higher open ahead of euro zone inflation data – cnbc
Marketmind: Treasuries on Cusp of Best Month Since 2008 – Reuters
South Korea stocks rise as central bank holds rates, China manufacturing contracts further – cnbc
China’s Factories Fall Deeper Into Contraction, More Policy Support Expected – Reuters
China factory activity shrinks for a second month in November – cnbc
Fidelity, Invesco Prep for Revival in China’s Beaten-Up Markets – bbg
Chinese Stocks Sit Out November’s Global Rally on Economic Woes – bbg
China Builder Powerlong Defaults on Dollar-Bond Coupon Payment – bbg
Lithium Slump Has Room to Run as Bearish Bets Mount in Guangzhou – bbg
China Investment Bank Bans Bearish Research, Displays of Wealth – bbg
China factory activity shrinks for a second month in November
Wednesday 11/29
Stocks making the biggest moves after hours: Salesforce, Pure Storage, Snowflake and more – cnbc
Snowflake Gives Outlook Topping Estimates on Stable Sales Growth – cnbc
Salesforce Jumps as Cost-Cutting Moves Propel Profit Outlook – bbg
Stocks pare early strength on hawkish Barkin – Newsquawk US Market Wrap
S&P 500 Wobbles to Lower Close on Mixed Fed Messages, Strong GDP Data – Reuters
Bullion, Bonds, & Black Gold All Bid As Rate-Cut Hopes Ramp-Up – Zerohedge
Dow ends Wednesday near flat, but the major averages remain on track for big November gains – cnbc
Analysis-Rate Cut Hopes Buoy U.S. Stocks Ahead of Uncertain 2024 – Reuters
Investors Poured a Record Amount of Money Into Junk-Bond ETFs Last Month – bbg
US Treasury Yield Curve to Steepen Next Year as Fed Cuts Rates, Says BofA – Reuters
Disney’s Iger Is No Longer Considering Sale of TV Networks – bbg
JPMorgan’s S&P 500 Outlook for 2024 Is Grimmest on Wall Street – bbg
Bank of America sees bonds, bullion and breadth as the three winners in the year ahead – forexlive
Fed’s Beige Book Shows Economic Slowdown as Consumers Pull Back – bbg
US Economic Activity Slowed in Recent Weeks, Fed Survey Shows – Reuters
Stocks making the biggest moves midday: Foot Locker, General Motors, Phillips 66 and more – cnbc
GM to Hike Dividend, Buy Back $10 Billion of Stock to Stem Slump – bbg
GM Shares Surge Over 10% After Announcing $10 Billion Buyback, Raising Dividend By 33%, Updating 2023 Guidance – Zerohedge
Nvidia CEO Says US Will Take Years to Achieve Chip Independence – bbg
German Shares Rally as Easing Inflation Boosts ECB Rate Cut Bets – Reuters
Cigna, Humana In Merger Talks To Create New Healthcare Powerhouse – Zerohedge
JPMorgan Says AI Technology Is Starting to Generate Revenue – bbg
Ackman Flip-Flops, Now Sees First Rate Cut As Soon As March – Zerohedge
Treasury ‘Melt Up’ Grows as Bond Traders Price Fed Cut by May – bbg
Elliot Management Takes $1B Stake In Phillips 66, Sees 75% Upside – Zerohedge
Marketmind: Waller to Wall St, Fed’s on the Turn – Reuters
Positive Peak Real Rates Show Easier Financial Conditions On Way – Zerohedge
Stocks making the biggest moves premarket: General Motors, Petco, Foot Locker and more – cnbc
Futures, Treasuries Rise As Attention Turns To Timing Of Fed Rate Cuts – Zerohedge
US Economy Grew 5.2% in Third Quarter, More Than First Estimated – bbg
Q3 GDP Revised Higher To 5.2% As Soaring Government Spending Offsets Lower Private Consumption – Zerohedge
U.S. GDP grew at a 5.2% rate in the third quarter, even stronger than first indicated – cnbc
Foot Locker Raises Forecast on Strong Thanksgiving Week – bbg
Dollar Tree Trims Annual Sales Forecast, to Review Family Dollar Business – Reuters
OECD Sees Fed, ECB Keeping Tight Policy Longer Than Market View – bbg
Electric-Car Makers Can Stop Worrying So Much About Lithium – bbg
Nvidia Shares Will Struggle to Repeat a Stellar Year – bbg
EU/US Yields Tumble After German CPI & EU Industrial Confidence Slump – Zerohedge
German Inflation Eases to 2.3% in November – Reuters
German Inflation Sinks More Than Expected as Energy Retreats – bbg
Global Growth to Slow but Avoid a Hard Landing -OECD – Reuters
Spain’s 12-Month Inflation Falls to 3.2% in November – Reuters
European stocks head for mixed open, struggling to build positive momentum – cnbc
Hong Kong stocks lead Asia losses; Australia inflation slows more than expected – cnbc
Jack Ma Returns to Rally Troops After Alibaba’s Troubles Deepen – bbg
Hong Kong stocks slump to 12-month low as Meituan sinks 12% to erase post-Covid rebound on slowdown warning – scmp
Tuesday 11/28
Business Live – guardian
Bill Ackman sees risk of hard landing if Fed doesn’t start cutting soon – streetinsider
Stocks making the biggest moves after hours: NetApp, Workday, Leslie’s, Las Vegas Sands and more – cnbc
HPE Projects Sales That Fall Short of Estimates on Server Demand – bbg
Dollar dips as Treasuries rip on tip of dovish Waller and month-end flows – Newsquawk US Market Wrap
Wall St Ends Slightly Higher After Mixed Fed Statements – Reuters
Waller Whacks The Dollar: Dovish Fed-Hawk Sparks Bid For Bullion, Bonds, & Bitcoin – Zerohedge
Dow closes higher Tuesday as hope grows that Fed is done raising rates – cnbc
Disney CEO Bob Iger Says Company Is Ready to Start Building – Reuters
Disney’s Iger Has No Regrets About Returning, Despite Challenges – bbg
Disney CEO Bob Iger tells employees he wants to start building again during town hall – cnbc
Bill Ackman Bets Fed Will Cut Interest Rates as Soon as First Quarter – bbg
Hedge Funds Dump Healthcare Stocks, Buy Small Caps – BofA – Reuters
With Fed Likely Done Hiking Rates, Waller Flags Pivot Ahead – Reuters
Fed’s Waller, Bowman Open Door to Another Interest Rate Pause in December – bbg
VIX, Yields Spike As Ugly 7Y Auction Buyers’ Strike Sends Tail To One Year HIgh – Zerohedge
Investors Exit Clean Energy Funds as Higher Interest Rates Bite – Reuters
Stocks making the biggest moves midday: PDD Holdings, Micron, Boeing, Twilio and more – cnbc
Affirm Extends Rally on Cyber Monday Boost as BNPL Lending Surges – Reuters
Discounts Drew Crowds but Black Friday Week Sales Gain Softest in Years -Report – Reuters
US Thanksgiving Weekend Shoppers Cross 200 Million for the First Time – Report – Reuters
US Thanksgiving Weekend Sales Hit Record on Big Discounts, Online Boost – Reuters
Euro Climbs to $1.10 For First Time Since August as Dollar Falls – bbg
Massive Downward Revisions For Conference Board Confidence Leave ‘Present Situation’ At April 2021 Lows – Zerohedge
US Consumer Confidence Rebounds, House Prices Maintain Upward Trend – Reuters
US Consumer Confidence Stabilizes With First Rise in Four Months – bbg
Marketmind: Treasuries Gobbled Up, Oil Braces for OPEC – Reuters
US Home Prices Rose For the 7th Straight Month In September… Led By Detroit! – Zerohedge
US Home Prices Hit Record With Eight Straight Months of Gains – bbg
Record Cyber Monday Sales Fueled By ‘BNPL Craze’ As Consumers Spend Beyond Their Means – Zerohedge
Cyber Monday Sales Hit Record $12.4 Billion Even as Savings Dwindle – bbg
Micron Sees First-Quarter Operating Expenses Above Forecast, Shares Fall – Reuters
Micron Falls Despite Raising Earnings Outlook, Beating Estimates – bbg
AI Threatens Wages, Not Jobs – So Far, ECB Paper Finds – Reuters
PDD Sales Beat Estimates After Temu Wrests Shoppers From Shein – bbg
Futures Slide To Session Lows Amid Growing Concerns Rally Is Over – Zerohedge
Stocks making the biggest moves premarket: Boeing, Affirm, Crocs, Carlyle Group and more – cnbc
The Commodities Feed: Gold holds above $2,000 – ing
UBS Chair Sees Challenging 2024 After `Easy’ Cuts Done – bbg
EasyJet Restores Dividend, Confident in Rebound Despite War – bbg
Forget Novo, Rolls-Royce Is Europe’s Best Stock This Year – bbg
Rolls-Royce Targets Higher Cash Flow as CEO Pushes Efficiency – bbg
European stocks head for flat open as markets struggle to find momentum – cnbc
Asia markets largely rebound from Monday; oil eases slightly on Israel-Hamas truce extension – cnbc
Monday 11/27
Fed May Need Four Years to Recoup Income Loss, St. Louis Fed Study Says – Reuters
Bonds rise after mixed supply while the buck slips and stocks chop into month-end – Newsquawk US Market Wrap
Bonds & Bullion Shrug Off Black Friday Blues; Banks & Builders Bruised – Zerohedge
Dow closes lower Monday as four-week rally takes a break – cnbc
E-commerce stocks rally after Black Friday shoppers spend record online – cnbc
Stocks making the biggest moves midday: Foot Locker, Okta, Carnival, Shopify and more – cnbc
Yields Slide After Solid 5Y Auction Reverses Bitter Aftertaste From Ugly 2Y Sale – Zerohedge
“There’s Nothing Encouraging On The Horizon” – Dallas Fed Manufacturing Survey Slumps Again In November – Zerohedge
New Home Sales Hammered In October As Homebuilders Hit The Wall, Prices Plunge – Zerohedge
US recession will prompt 175 basis points in Fed cuts next year, DB economists say – Reuters
Gold’s surge signals rally to new all-time high underway, strategist says – YAHOOFINANCE
Fed Bank Bailout Program Borrowing Surged In November – Zerohedge
Goldman says ‘shine is returning’ for gold as investors ramp up bets on rate cuts – cnbc
Consumers Use ‘Buy-Now, Pay-Later’ Option To Fund Record Black Friday Purchases – Zerohedge
Key Events This Week: PCE, ISM, GDP And PMI – Zerohedge
Stocks making the biggest moves premarket: Okta, Foot Locker, Crown Castle and more – cnbc
Futures Drop On China Weakness As Gold Soars To 6 Month High – Zerohedge
Inflation report puts stock market rally to the test: What to know this week – yahoofinance
Aluminum Climbs as Goldman Sees Higher Prices on Larger Deficit – bbg
Bond Market’s Dramatic Recovery Is Seen as Opening Act for Broader Revival – bbg
European markets set to start the week on a somber note – cnbc
Asian markets fall as China property stocks plunge; Japan service inflation heats up – cnbc
China Industrial Profit Growth Eases Amid Deflation Pressures – bbg
Zhongzhi Enterprise Group: China investigates major shadow bank for ‘crimes’ – bbc
Asian Stocks to Rise as ‘Fear Gauge’ Hits 2020 Low: Markets Wrap – bbg
Week Ahead Preview: Fed Beige Book; OPEC+ Meeting; OECD Economic Outlook; Central Banks’ Speeches; Sovereign Rating Updates; China PMIs; Cyber Monday – cb