December 05 (Thursday)
Markets
Bull markets often end with a euphoric rally called a ‘blow-off top.’ We may have just had one C
New Link Between Stocks, Bonds Shows How Markets Have Changed W
Odd Calm in China Markets Has Traders Suspecting State Support B
Pound Hits Fresh High on Boris Johnson’s Election Prospects W
Central banks
The repo market is ‘broken’ and Fed injections are not a lasting solution, market pros warn MW
US
A Growing Share of S&P 500 Companies’ Earnings Are Contracting W
U.S. Services Sector Grew Solidly in November W
Next year will be hard on the housing market, especially in these big cities C
U.S. Private Sector Added 67,000 Jobs in November W
Japan
Japan to Unveil Details of Fiscal Stimulus as Early as Thursday B
US politics
Democrats Signal Impeachment May Go Beyond Ukraine W
Treasury Secretary Mnuchin warns of new global taxes, opposes digital services duty C
Biden Proposes $1 Trillion in New Corporate Taxes W
Biden proposes minimum federal tax aimed at Amazon and others who pay $0 MW
Biden Says He’d Consider Harris for VP: Campaign Update B
Georgia Gov. Brian Kemp defies Trump in appointing Kelly Loeffler to Senate seat C
Geopolitics & trade
Pelosi Pushes to Remove Legal Protections for Online Content in Trade Pact W
On Trade, France and U.S. Go It Alone—to World’s Detriment W
Here’s Help Decoding Trump’s Trade Brain, Bluffs and Bluster B
U.S. Considers Sending More Troops to Middle East W
Industries & companies
Autos: Tesla promises Roadster owners dedicated service advisors, technicians and repair centers C
Autos: Fiat Chrysler Workers to Get Better Health Care, Bigger Bonus Checks W
Media: Here Comes the Merch: Sony Strikes Deal for Beatles Memorabilia W
Corporate finance
Italy Claims Fiat Undervalued Chrysler by $5.6 Billion B
Offbeat
This depressing chart shows the jaw-dropping wealth gap between millennials and boomers MW
Stephanie Kelton, Modern Monetary Theory Evangelist B
White House to Tighten Work Requirements for Food-Stamp Aid W
