• An ‘unfamiliar’ era for investors has arrived after a 20-year ‘regime’: Morning Brief
Investors are unfamiliar to high interest and inflation.
• November CPI report marks latest test for Fed in fight against inflation
A pretty decent CPI reading would be needed for a Santa Rally, … is what people are saying, but could it just charge on regardless?
• Big banks find many ‘reasons to be optimistic about 2025’ as Trump 2.0 nears
Banks are expecting heightened investment banking fees and trading revenue in Q4, with decent interest income.
• Exclusive: Chinese authorities are considering a weaker yuan as Trump trade risks loom, sources say
The nation will need ample firearm ahead of the proclaimed 60% tariff looming ahead.
• Netflix co-CEO shakes off M&A in 2025: ‘We’re better builders than buyers’
Netflix has acquired the Roald Dahl Story Company before.
• Older workers are the happiest workers, study finds
The Pew Research Center paper on how Americans view their jobs. Two-thirds of people over 65 are highly satisfied.
• Inside Assad’s Ransacked Palace: Anxiety Pills, Graffiti and Shredded Posters
Bashar al-Assad’s palace in Damascus, Syria is occupied by rebel fighters and civilians as the previous ruler flees to Russia. The year-long civil war ended abruptly in two weeks as Russia and Iran couldn’t come to help defeat insurgents. The palace was completed in 1990 under Assad’s father.