Weekend 12/16 & 12/17
Wall Street Is Feeling Good. How About the Rest of Us? – bbg
Fed Rate-Cut Pivot Is Welcome News for Biden, But Carries Pitfalls for Powell – bbg
Wall Street’s Profit Outlooks Haven’t Budged as World Changes – bbg
Ozempic Maker’s Obesity-Fueled Gains Seen Slowing After Banner Year – bbg
Wall Street’s China Stock Bulls Seek Redemption After a Humbling Year – bbg
BOJ Isn’t Ready for a Requiem to the Negative-Rate Era – bbg
The Countdown for a Bitcoin ETF Decision Is Approaching a Critical Deadline – bbg
Charting the Global Economy: Fed, ECB, BOE Diverge on Policy Path – bbg
LVMH and Luxury’s Year of Changing Fortunes Set for Reverse Act in 2024 – bbg
Charts of the Week – MA
Friday 12/15
Nasdaq 100 Hits First Record in Two Years With Rate Cuts in Play – bbg
Bank Loan Volumes Shrink As Deposits Rise, But Trouble Is Brewing… – Zerohedge
Dow, Nasdaq close higher Friday, extending rally to a seventh winning week – cnbc
Stocks making the biggest moves midday: Scholastic, Roku, Costco and more – cnbc
Wall Street Rethinks 2024 Outlooks After Fed-Fueled Rally – bbg
Chinese EV-Maker XPeng Plunges After Alibaba Plans Stake Sale – bbg
Bank Stocks Emerge From Shadow of Silicon Valley Bank’s Collapse – bbg
Can The Government Ban Bitcoin? Four Things You Need To Know Today – Zerohedge
European markets close slightly higher after central bank bonanza; Maersk shares up 8% – cnbc
US PMIs Suggest “Weak GDP Growth” In Q4, Prices Remain “Elevated” – Zerohedge
US Industrial Production Rebounds In November As Striking Autoworkers Returned To Work – Zerohedge
Empire Fed Manufacturing Unexpectedly Crashes Into ‘Contraction’ – Zerohedge
Bonds, Stocks, Gold Tumble After Fed’s Williams Comments – Zerohedge
Fed’s Williams Says Talk of March Rate Cut Is ‘Premature’ – bbg
Stocks making the biggest moves premarket: Costco, Lennar, First Solar and more – cnbc
S&P Poised For 7th Weekly Gain As Futures Gain Ahead Of $4.9 Trillion Quad-Witching – Zerohedge
Pivot Trains Are Lining Up At Central Bank Central – Zerohedge
Investors Baffled After Powell Turbocharges Slide in US Rates – bbg
Major central banks diverge on when the first rate cuts will come – cnbc
Eurozone PMIs “Paint A Disheartening Picture” Of The Economy – Zerohedge
Hong Kong shares surge 2% to lead gains in Asia markets; China posts mixed economic data – cnbc
Success Abroad Drives Rare Winners in Dismal China Stock Market – bbg
Hedge Funds’ Bearish Yen Bets Lose Again After Fed Signals Pivot – bbg
PBOC Injects Record Liquidity As China Retail Sales Disappoint, Investment Slows – Zerohedge
China reports fastest industrial expansion in nearly 2 years; retail sales growth misses estimates – cnbc
Thursday 12/14
Bank Stocks Soar Despite Record High Usage Of Fed Bailout Facility, MM Funds See First Outflow In 7 Weeks – Zerohedge
Stocks chop and Buck flops after hawkish ECB and BoE meetings – Newsquawk US Market Wrap
Crude Oil, ‘Crap Stocks’, & Credit Soar Amid Hedge Fund Carnage Ahead Of “Largest OpEx In History” – Zerohedge
Dow continues rally, closes up 100 points after strong economic data, hopes for falling rates – cnbc
BlackRock’s Rieder Launches Second ETF After $400 Million Debut – bbg
Palladium Surges 12% as UK Sanctions Target Russia Metals – bbg
Schiff: The Fed Surrenders To Inflation! – Zerohedge
Dollar Extends Drop as Fed Leads Global Pivot to Monetary Easing – bbg
NatGas ‘Widowmaker’ Spread Goes Negative As Supply Glut Forms Due To El Nino – Zerohedge
Clean Energy Index Rises Most in a Year With Fed Rate Cuts in Sight – bbg
JPMorgan Strategist Sees a Big Credit ‘Reckoning’ in 2024 – bbg
Stocks making the biggest moves midday: Moderna, Rivian, Live Nation and more – cnbc
Merck-Moderna Vaccine Cuts Risk of Skin Cancer Returning by Half – bbg
Intel Unveils Server and PC Chips in Push to Join AI Gold Rush – bbg
Intel unveils new AI chip to compete with Nvidia and AMD – cnbc
Swedish Real Estate, Mining Stocks Lead Post-Fed Rally in Europe – bbg
ECB Holds Rates With Inflation Sinking But Hastens Bond Exit – bbg
ECB Holds Rates Steady, Cuts Growth & Inflation Outlooks But… – Zerohedge
European Central Bank holds rates and trims its inflation forecast – cnbc
Santa Powell Unleashes Global “Buy Everything” Frenzy As Dollar, Yields Tumble – Zerohedge
Initial Jobless Claims Tumble Near 2023 Lows, But… – Zerohedge
BoE Holds Rates At 15 Year High, Warns “Still Some Way To Go” But… – Zerohedge
BOE Holds Rates With Warning of a ‘Way to Go’ on Inflation – bbg
SNB Calls End to Hiking Cycle, Signals Shift in Currency Policy – bbg
US Retail Sales Unexpectedly Rise in Solid Start to Holidays – bbg
Retail Sales Unexpectedly Surged In November – Zerohedge
Retail sales rose 0.3% in November vs. expectations for a decline – cnbc
Europe stocks are set to outperform the U.S. in first half of 2024, strategists say – cnbc
Goldman Revises Fed Call, Now Seeing ‘Earlier and Faster’ Cuts – bbg
FOMC Review: Pivot – nordea
Wednesday 12/13
Business Live – guardian
Wall Street Traders Go All-In on Great Monetary Pivot of 2024 – bbg
Key Takeaways From Fed’s Rate Decision and Economic Forecasts – bbg
Powell “Pivots”, Sends Dow To Record High With Election-Year Rate-Cut Projection – Zerohedge
Dow rallies more than 500 points to record, closes above 37,000 for the first time: Live updates – cnbc
Treasury Yields Plunge as Fed Greenlights Interest-Rate Cuts – bbg
Fed ‘Dots’ Signal Major Dovish Pivot For Election Year – Zerohedge
Fed Holds Rates Steady Again and Pivots Toward Cuts in 2024 – bbg
Fed Flags End of Rate Hikes, Sees Lower Borrowing Costs in 2024 – Reuters
Fed holds rates steady, indicates three cuts coming in 2024 – cnbc
Fed lowers inflation forecast for 2024, seeing core PCE falling to 2.4% – cnbc
Trichet Says First Fed Interest-Rate Cut May Come After ECB’s – bbg
Stocks making the biggest moves midday: Etsy, Pfizer, Tesla, Vertex Pharmaceuticals and more – cnbc
World Bank Economist Warns High Interest Rates Will Likely Last Longer – Reuters
Developing nations spent record $443.5 billion on public debt in 2022, World Bank says – cnbc
Foreigners Shovel $43.4 Billion Into EM Portfolios in November – IIF – Reuters
Whatever the Fed Does Next, Higher Interest Rates Have Changed the World – bbg
The Oil Market’s Latest Setback: Contango Everywhere – bbg
Core Producer Price Inflation Tumbles To 2.0% – Near 3 Year Lows – Zerohedge
US Producer-Price Inflation Cools to Below 1% as Energy Slides – bbg
Stocks making the biggest moves before the bell: Tesla, Pfizer, Roblox, Hertz and more – cnbc
Futures Steady Ahead Of Last Fed Decision Of 2023 – Zerohedge
Pfizer Sees Lower-Than-Expected 2024 Sales Including Seagen – bbg
Analysis-German Budget Fix to Further Crimp Growth in 2024 – Reuters
COP28 climate summit ends with deal to transition away from fossil fuels – cnbc
COP28: A deal at last – ft
Sell S&P 500 in ‘Every Scenario’ Looms as Rally Is Overheating – bbg
Fed Moving Its 2024 Dots Set To Spur Treasury Yields – Zerohedge
Euro Zone Industry Output Falls by More Than Expected in October – Reuters
Europe Real Estate Facing €176 Billion Debt Refinance Shortfall – bbg
BofA’s European Forecasters Clash on Equity Outlooks for 2024 – bbg
Argentina Devalues Peso, Cuts Spending in Economic Shock Therapy – Reuters
‘There Is No More Money’: Argentina Begins Economic Shock Remedy – bbg
Zara Owner Inditex Reports Strong Holiday Sales and Lifts Margin Outlook – Reuters
European stocks head for mixed open ahead of Federal Reserve rate decision – cnbc
China leads declines among Asia markets as investors await Fed rate decision – cnbc
Chinese Stocks Fall as Key Economic Meeting Disappoints – bbg
Big Money Managers Name Top Investment Ideas for Asia in 2024 – bbg
Asian Stocks to Tread Cautiously Ahead of Fed Meet: Markets Wrap – bbg
Tuesday 12/12
Treasuries and Stocks shake off CPI losses ahead of FOMC – Newsquawk US Market Wrap
‘All Greed, No Fear’ Ahead Of Fed: VIX Hits 4-Year Low As Crude Carnage Continues – Zerohedge
Wall St Hits Fresh 2023 Highs After Inflation Data; Fed on Deck – Reuters
Stocks close higher for a 4th day, S&P 500 touches highest level since January 2022 – cnbc
Why Are US Stocks Sluggish? Blame a Record $5 Trillion Options Expiration – Reuters
Investors Are Unprepared for Stock Shocks, Wells Fargo Strategist Warns – bbg
Risky Exchange-Traded Notes in Spotlight With Arrival of ‘XXXX’ – bbg
Why a Fed pause may be better for stocks than rate cuts – yahoofinance
Global EV Sales Hit New Record in November – Rho Motion – Reuters
We expect another Fed hold, but with pushback on rate cut prospects – ing
Fed Enters Last Leg of Inflation Fight With Little ‘Pain’ So Far – bbg
Stocks making the biggest moves midday: Oracle, Lucid, Centene, Hasbro and more – cnbc
France, Germany Shares Hit Record Highs, but Give up Gains After U.S CPI – Reuters
US Small Business Sentiment Falls Slightly, NFIB Says – Reuters
Traders Trim Bets on 2024 Fed-Rate Cuts After Inflation Report – bbg
US Consumer Prices Pick Up in Bumpy Path Down for Inflation – bbg
SuperCore CPI Jumps Back Above 4.00%; Used-Cars & Shelter Dominate Price-Rises – Zerohedge
Core CPI Hotter Than Expected As Used-Car Price Rise Offsets Energy Drop – Zerohedge
Inflation slowed to a 3.1% annual rate in November – cnbc
US nuclear start-ups battle funding challenge in race to curb emissions – ft
Futures Rise Ahead Of Last Inflation Report Of 2023 – Zerohedge
DAX reaches historic highs: What’s behind the surge in German stocks? – euronews
The Impact of Cryptocurrency on Traditional Banking – forexlive
Best Bond Forecasters of 2023 Say the Rally Is Doomed to Fizzle – bbg
Most European Housing Markets to See Modest Price Growth in 2024 – fitch
Unchanged Consumer Prices to Give Fed Room to Consider Rate Cuts – bbg
European markets head for higher open as investors await U.S. inflation data, Fed meeting – cnbc
Marketmind: Disinflation Station – Reuters
Hong Kong leads Asia markets higher ahead of Fed’s final meeting of 2023 – cnbc
China Wraps Key Economic Meeting to Determine 2024 Growth Goal – bbg
China vows to boost domestic demand in bid for 2024 recovery – cnbc
Asia Shares Set to Climb as Key Rates Clues Loom: Markets Wrap – bbg
Monday 12/11
Oracle Reports Disappointing Sales on Slowing Cloud Momentum – bbg
Oracle shares slide as revenue misses estimates – cnbc
Indices grind higher ahead of a plethora of risk events – Newsquawk US Market Wrap
Wall Street Closes at Fresh Yearly Highs as Inflation Data, Fed Eyed – Reuters
Bitcoin, Big-Tech, & Bullion Dumped Ahead Of CPI – Zerohedge
Dow rises 150 points to clinch third straight winning day as stocks’ December hot streak resumes – cnbc
Stocks making the biggest moves midday: Macy’s, Cigna Group, Eli Lilly, Paramount and more – cnbc
Pinterest, Snap Upgrades Signal Brighter Advertising Outlook – bbg
Bond Investors Brace for Fed Pushback on Rate Cuts – Reuters
Bitcoin Battered As Sen. Warren Unveils Bill To “Crack Down” On Crypto – Zerohedge
Factbox-Key Moments in Fed Easing History Since 1994 – Reuters
U.S. States and Local Governments Outlook 2024 – fitch
Powell May Hope for Replay of Fed Circa 1995 Even as He Shuns ‘Victory’ – Reuters
Occidental’s $10.8 Billion Takeover Is a High-Stakes Debt Wager – bbg
Near-Term Expected US Inflation at More Than 2-Year Low, NY Fed Says – Reuters
Year-Ahead Inflation Expectations Tumble To Lowest Since April 2021 In Latest NY Fed Survey – Zerohedge
US PREMARKET
Futures Flat As Yields Jump And Yen Plunges – Zerohedge
Stocks making the biggest moves premarket: Cigna, Macy’s, Snap and more – cnbc
US NatGas Prices Tumble 10% On Mild Weather – Zerohedge
A crunch week for central banks will put rate-cut expectations to the test – cnbc
Goldman Sachs Lifts Benchmark European Share Index’s 12-Month Target to 500 – Reuters
Euro Area to Suffer First Recession Since Pandemic, Survey Shows – bbg
Time for a Reckoning: Five Questions for the ECB – Reuters
Weight-Loss Stock Winners This Year Risk Being Losers in 2024 – bbg
Goldman Sachs Sees Fed Delivering Its First Rate Cut in Q3 2024 – Reuters
European markets mixed as focus turns to Fed meeting – cnbc
ASIA NEWS
China stocks rise after data showing increasing deflationary pressures pushed them down earlier – cnbc
China Stocks Rebound as ETF Volumes Suggest Buying by State Fund – bbg
China’s Surging Real Borrowing Costs to Drag on Growth Into 2024 – bbg
Asian Stocks Eye Early Gains Into Fed Meeting Week: Markets Wrap – bbg
Asian Stocks Slip, Rate Cut Hopes Face Pivotal Week – Reuters
Week Ahead Preview: FED, ECB, BOE and SNB Meetings; U.S. CPI; December PMIs; Chinese Data and MLF – cb
Key Events In This Extremely Busy Week: Fed, SNB, BOE, CPI, Retail Sales, Treasury Auctions, China Data Dump – Zerohedge