"The economic outlook is clouded by the possibility of new tariffs on Canadian exports to the United States."

“November’s sturdy core CPI reading will inflame worries among the FOMC minority that disinflation has stalled.... policymakers may err on the side of caution, opting for a pause in cutting interest rates to avoid bolstering pressure on prices.”

" ... we believe investors will focus on the company's lower gross margin guidance and weaker EPS outlook for the year." 

Is this what Trump is about to inherit?

• European bourses began the session entirely in the red, but sentiment has improved to display a mixed picture; NQ incrementally outperforms in the US.
• Dollar bid as markets digest reports of China allowing a weaker yuan, JPY choppy amid BoJ sources.
• China's top policymakers are considering allowing the Yuan to weaken in 2025 as Trump tariff looms, via Reuters citing sources
• Mixed performance for paper, US 10yr supply looms.
• Crude initially hampered by Yuan-reports, but ha

As of December 2023, debt held by the public equaled 97% of the U.S. GDP...

Deutsche Bank says in Europe, companies like Volkswagen and BMW are well-positioned to weather the storm.

The world continues to "warm" back up to nuclear...

• APAC stocks traded mixed following a soft US handover, although Chinese markets continued to benefit from the easing in China's overall monetary policy stance.
• DXY and UST futures were flat within a tight range as traders look towards the US CPI release ahead of next week's FOMC meeting.
• Crude futures were firmer in a continuation of the China optimism; upside was experienced following reports that the US is weighing harsher oil sanctions against Russia weeks before Trump returns to office.
• Europea

Oil demand in China, the world’s top crude importer, could peak as early as next year as the penetration of electric vehicles and LNG trucks is accelerating, state-owned China National Petroleum Corporation said on Tuesday

Could it eventually mean a bounce back for auto suppliers?

GM's exit from the market leaves Google's Waymo and Tesla as the two main names in autonomous driving.

The Biden administration, desperate to make an impact somewhere, anywhere, in its final, dying days, has struck again.

...what are the current risks to (opportunities in) the market?

Bridgewater Associates founder Ray Dalio referred to Bitcoin as a hard asset, saying he would choose gold over debt assets...

Overall, this was a solid if not stellar auction, and good enough to prevent more selling in the secondary market: the yield on the 10Y was flat after the auction and has since dipped 1bp to 4.22% after earlier rising as high as 4.24%, a one week high.

The Federal Reserve has embarked on a rate-cutting cycle despite an absence of lasting economic or market distress...

"If Tesla does become the world's most valuable..."