Friday's News Links

[Reuters] Stocks hit record high, sterling endures rough week

[Reuters] Oil hovers near three-month highs on trade deal progress; set for third weekly rise

[Reuters] U.S. third-quarter growth unrevised at 2.1%

[The Hill] Budget watchdogs howl over deficit-ballooning deals

[AP] Andrew Bailey to succeed Carney as Bank of England governor

[Reuters] Japan's consumer inflation ticks up as shoppers pay more for sushi, ice cream

[Reuters] Bad to worse: pain not over for Australia's beleaguered banks

[Reuters] China won't allow foreign forces to interfere in Hong Kong, Macau: Xi

[Bloomberg] China’s Xi to Skip Davos, Deflating Hopes for Trump Summit

[Bloomberg] Repo Oracle Zoltan Pozsar Expects Even More Turmoil

[Bloomberg] 10 Geopolitical Risks Looming Over Markets in 2020, According to Morgan Stanley

[WSJ] With Brexit Looming, U.K. Government Picks Veteran as Central Bank Chief

[WSJ] Lycra’s Chinese Owner Squeezes Out of Tight Spot in Bond Markets

[FT] Moody’s warns on frothy US junk bond market

[FT] All aboard Silicon Valley's employee stock gravy train

Thursday Evening Links

[Reuters] Wall Street hits new highs as Mnuchin says trade pact to be signed in January

[Reuters] Treasuries - U.S. Treasury yields fall on mixed economic signals

[CNBC] House approves USMCA trade deal after more than a year of talks, sending it to Senate

[Reuters] U.S. labor market on solid ground; mid-Atlantic factories sputter

[Reuters] With a 'radical' agenda, Johnson sets sights on quick Brexit

[Reuters] Mexico central bank cuts rates, flags higher inflation risk due to wage hikes

[AP] China targets tech giants in app privacy crackdown

[Bloomberg] U.S. Yield Curve Hits Steepest Point in Over a Year

[Bloomberg] How China’s Communist Party Quietly Built a Real Estate Empire in Hong Kong

[Bloomberg] It’s Crunch Time for Indian States’ Finances as Economy Slows

[Bloomberg] Chinese Hacking Group, Quiet for Years, Resumes Global Attacks

[WSJ] Financial Watchdog Warns About Dangers of Leveraged Loans