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Sunak Is Falling Behind

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🇬🇧 🇬🇧 The UK prime minister has to call an election by January 2025. Sunak’s Tories are currently 19 percentage points behind the main opposition Labour Party, according to the latest YouGov survey
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Florida Is Benefiting

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🇺🇸 🇺🇸 Since the pandemic, there has been a massive migration out of California and into Florida. While California has lost 350,000 residents, Florida has gained 450,000
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BOE Faces Urgent Overhaul

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🇬🇧 🇬🇧 Bank of England faces urgent overhaul over laggardly inflation response – “inadaquate.” The House of Lords calls for extensive reforms at the Bank of England in a critical report
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Eat Less Meat

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🌱 🌱 Eat Less Meat Is Message for Rich World: The global food systems’ road map to 1.5C is expected to be published by the United Nations’ Food & Agriculture Organization during the COP28 summit next month. Nations that over-consume meat will be advised to limit their intake, while developing countries — will need to improve their livestock farming, according to the FAO
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Malaysia: No Visa Required

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🇲🇾 🇲🇾 Malaysia will scrap entry visa requirements for citizens of China and India visiting the nation beginning Dec. 1, according to Prime Minister Anwar Ibrahim
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US Consumer Still Has Spending Power

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🛍️ 🛍️ Black Friday shopping brought in a record $9.8 billion in online sales in the US, up 7.5% compared last year. On Thanksgiving, the day before Black Friday, total online sales were $5.6 billion in the US

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US Housing Anomaly

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🏠 🏠 For the first time since 2005, US new home prices are set to drop below existing home prices. In other words, new will be selling for LESS than old
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S&P Should Climb 17% In 6 Months

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🇺🇸 🇺🇸 There have been four distinct Fed rate-hike cycles over the past thirty years, and the S&P 500 recorded an average return of better than 17% in the year that followed the last rate hike during that period
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Citigroup Is 75% Undervalued

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🇺🇸 🇺🇸 Citigroup Is More Than 75% Undervalued. At Which Price Should Investors Enter?
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S&P Is In Positive Gamma

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🇺🇸 🇺🇸 Data shows the S&P 500 has entered a positive gamma regime, and that means that market makers become sellers of strength and buyers of weaknesses, which helps to suppress volatility
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