Friday's News Links

[Yahoo/Bloomberg] Bond Yields Jump as Fed-Pivot Bets Look ‘Overdone’: Markets Wrap

[Yahoo/Bloomberg] China Stocks Test Critical Support Levels as Selloff Extends

[Yahoo/Bloomberg] Oil Bounce Fails to Erase Longest Run of Weekly Drops Since 2018

[CNBC] U.S. payrolls rose 199,000 in November, unemployment rate falls to 3.7%

[CNBC] Here’s what the market will be looking for in Friday’s key jobs report

[Reuters] US market rally boosts hedge fund performance, hits macro strategies in November

[Reuters] US equity funds see outflows as investors eye economic data

[Reuters] New US ETF launches set annual record 

[Yahoo/Bloomberg] Japan’s Deepest Contraction Since Pandemic Clouds Path for BOJ

[Reuters] Japan's Q3 GDP falls faster than first estimates as consumption sags

[Yahoo/Bloomberg] Country Garden Local Bond Test Looms as Regulator Meets Holders

[Yahoo/Bloomberg] China to Step Up Fiscal Support to Strengthen Economic Recovery

[Reuters] Chinese fighters, balloon cross Taiwan Strait a month before election

[Bloomberg] US Consumer Sentiment Jumps as Inflation Concerns Dissipate

[Bloomberg] Distressed Debt Firm SC Lowy Finds China Credit ‘Uninvestable’

[WSJ] Double Trouble: Investors Fight the Fed on Two Fronts

[WSJ] Law Firms Escalate Talent War Even in Slower Economy

[FT] Central bankers are worried about you getting a raise

[FT] Xi Jinping warns China’s economic recovery at ‘critical stage’

[FT] Shrinking economy in Japan casts doubt on BoJ rate raise bets

Thursday Evening Links

[Yahoo/Bloomberg] Japanese Shares Eye Early Slump After Yen Surge: Markets Wrap

[Reuters] Nasdaq ends sharply higher as Alphabet and AMD fuel AI surge 

[Yahoo/Bloomberg] Yen Strengthens by Most in Nearly a Year on Bets That End of Negative Rates Is Near

[Yahoo/Bloomberg] Oil Extends Losing Streak as Failed Rally Hardens Bearish Mood

[Reuters] Biden aide says Iran helps plan, execute attacks by Yemen's Houthis

[Reuters] US mortgage rates fall to nearly 4-month low - Freddie Mac

[AP] California faces record $68 billion budget deficit, nonpartisan legislative analyst says

[Reuters] Coffee trader Mercon runs out of credit, files for bankruptcy

[Reuters] South American countries urge peaceful solution to Venezuela, Guyana tensions

[WSJ] The Federal Reserve Has an $8 Trillion Secret

[WSJ] The Yen of a Bad Era

[FT] Only rates markets are pricing in recession