Tuesday's News Links

[Yahoo/Bloomberg] U.S. Stocks Decline Before Central Banks Meet: Markets Wrap

[Yahoo/Bloomberg] China Developers Tumble on Shimao ‘Red Flag’: Evergrande Update

[Yahoo/Bloomberg] Oil Steady as IEA Says Global Market Has Returned to Surplus

[CNBC] Wholesale prices measure rises 9.6% in November from a year ago, the fastest pace on record

[Reuters] In year-end meetings, top central banks may diverge over inflation, Omicron

[Yahoo Finance] FOMC preview: Is the Fed behind the curve on inflation?

[AP] BofA CEO: Consumers spending at fastest pace he’s seen

[CNN] Omicron is spreading fast. That's alarming even if it's mild

[Axios] Biden official warns: COVID explosion imminent

[Yahoo/Bloomberg] Shimao Sinks Again, Dragging Down Developers: Evergrande Update

[Yahoo/Bloomberg] ‘Fallen Angel’ Shimao Shows Fragility of China Property

[Reuters] Germany facing winter of stagflation as COVID, bottlenecks bite

[Reuters] In South Africa Omicron wave, Pfizer vaccine less effective against hospitalisation - study

[Reuters] COVID-19 rattles major Chinese manufacturing province

[Reuters] Blinken says U.S. to advance defence, economic alliances in Indo-Pacific

[Reuters] Putin and Xi to discuss 'aggressive' talk from U.S. and NATO, Kremlin says

[Bloomberg] More M&A Records in Sight for Europe After $1.8 Trillion Spree

[WSJ] Fed Meets for First Time Since Powell Signaled Policy Shift

[FT] The return of inflation: crunch time for the European Central Bank

[FT] China reports first Omicron case as fears mount for factory supply chains