Tuesday's News Links

[Yahoo/Bloomberg] Wall Street Set for New Highs on Rate Cut Hopes: Markets Wrap

[Yahoo/Bloomberg] Yen Slumps as BOJ’s Ueda Pushes Back on Rate-Hike Bets

[Yahoo/Bloomberg] Oil Hold Gains as Red Sea Attacks Cause Panic Among Shippers

[Reuters] BOJ keeps ultra-loose policy, focus shifts to exit timing

[Yahoo/Bloomberg] BOJ Avoids Rate Hike Signal as It Stands Pat, Driving Yen Lower

[Reuters] Israel pounds Gaza, Houthis vow more Red Sea attacks

[Reuters] Shippers mask positions, weigh options amid Red Sea attacks

[Yahoo/Bloomberg] With Houthis Menacing Fleet, Shipping’s Great Detour Around Africa Gathers Pace

[Reuters] US single-family housing starts surge in November

[CNBC] Holiday spending to be up big even as approval of Biden hits new low, CNBC economic survey shows

[Yahoo/Bloomberg] BofA Poll Shows Rate Cut Expectations Fueling Rush Into Stocks

[Yahoo/Bloomberg] Dealmakers to Miss $3 Trillion Mark for First Time in 10 Years

[Reuters] Tokyo prosecutors search offices of key ruling party factions

[Yahoo/Bloomberg] China Flows Into New Stock Funds Plunge to Lowest in Decade

[Reuters] Troops on South Korean side re-arm at border village amid tensions with North

[AP] North Korea’s Kim threatens ‘more offensive actions’ against US after watching powerful missile test

[WSJ] How the Housing Market Slowdown Is Rippling Through the Economy in Five Charts

[WSJ] The Office Market Had It Hard in 2023. Next Year Looks Worse.

[WSJ] Bank of Japan Chief, Bucking Expectations, Avoids Talk of Rate Increase

[FT] Central banks are wrong to abandon key guardrails

Monday Evening Links

[Yahoo/Bloomberg] Asia Shares to Track US Rally, BOJ in Spotlight: Markets Wrap 

[Yahoo Finance] Oil prices rise as shipments through Red Sea are halted

[Reuters] US-led force to patrol Red Sea in response to attacks by Houthis backing Palestinians

[Yahoo/Bloomberg] Fed Officials Add to Chorus Pushing Back Against Rate-Cut Bets

[Reuters] Fed's Daly: rate cuts may be needed next year to prevent overtightening -WSJ

[Yahoo/Bloomberg] World’s Biggest ETF Sees Record $21 Billion Flow on Stock Rally

[Yahoo/Bloomberg] Fed’s Pivot Is Forcing Stock-Market Skeptics to Become Believers

[Reuters] Morning Bid: Bank of Japan countdown almost over

[Reuters] North Korea says Hwasong-18 ICBM drill was response to U.S. hostility

Monday Afternoon Links

[Reuters] Wall St inches up as oil stocks jump; US Steel soars on buyout deal

[Reuters] NY Fed finds new workers offered record average wages in November

[CNBC] Only 60% of student loan borrowers made payments when bills restarted

[Reuters] China banks step up sales of bad loans as consumer defaults rise

[WSJ] The Suez Canal Becomes a New Front in Israel-Hamas Conflict

[WSJ] America Had ‘Quiet Quitting.’ In China, Young People Are ‘Letting It Rot.’