UK Inflation Drops More Than Expected

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🇬🇧 🇬🇧 BREAKING: UK inflation rate drops more than expected to 3.9% in November
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We Do Not Look At Charts

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🚨 🚨 We Do Not Look At Charts Like The Masses. We Are Laser Focused On What The Big Boys Are Doing. And This Strategy Has Served Us So Well. Our Clients Have Profited Handsomely From Global Stocks, FX, ETFs and Futures And This Week They Are Telling Us: “Gentlemen, Please Take A Well Deserved Break”

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S&P: Record Single Day Inflow

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🇺🇸 🇺🇸 On Friday, the S&P 500 ETF (SPY) saw its biggest single-day inflow on record, at $20.8 billion. Dating back to the ETF’s inception in 1993, this has never been seen
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Alibaba Gets Sued

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🇯🇵 🇯🇵 A little-known Japanese firm BWB has sued Alibaba Group Holding Ltd. in three countries for allegedly violating its patents on cross-border e-commerce, seeking court injunctions or damages against the Chinese online pioneer
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Covid Is Back

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🇸🇬 🇲🇾 Singapore’s Covid-19 cases surged 75% in the week of Dec. 3-9, leading to pressure on clinics and hospitals. In Malaysia, they jumped 62% last week, prompting Health Minister Dzulkefly Ahmad to say Monday that the government was “getting ready for any eventualities”
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BofA: Fund Managers Expect Soft Landing

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🇺🇸 🇺🇸 Fund Managers anticipate economic soft landing in 2023, switching from cash to equities. Bank of America’s Fund Manager Survey uncovers surging optimism
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BOJ Tightening—-UBS Is Pessimistic

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🇯🇵 🇯🇵 UBS analysts caution against getting too excited about the Bank of Japan doing anything
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This Is More Than A Santa Rally

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🧑‍🎄 🧑‍🎄 It turns out that the Santa Claus rally on Wall Street extends beyond the official seven-session stretch from December into January for the S&P 500, according to Bank of America. In the final 10 sessions of December, dating back to 1928, the S&P 500 has risen 72% of the time…
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MS: Memory Chips Are Cheaper Right Now

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💥💥 Want to cash in on AI demand? Morgan Stanley says memory chips are cheaper right now
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BOE’s Breeden: Rates Must Remain Restrictive

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🇬🇧 🇬🇧 UK wage growth remains too high and monetary policy will need to be restrictive for an extended period to bring inflation sustainably back to the 2% target, Bank of England Deputy Governor Sarah Breeden said in her first prepared comments in the role
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