Wednesday, December 4, 2024

Wednesday Evening Links

[Yahoo/Bloomberg] Global Stocks Rise to Record on Powell, Bonds Gain: Markets Wrap

[Yahoo/Bloomberg] France Plunges Deeper Into Crisis After Macron’s Premier Ousted

[Yahoo/Bloomberg] Bonds Rally as Weak US Services Gauge Bolsters Rate-Cut Outlook

[Reuters] Powell says Fed can afford to be a little more cautious

[Yahoo/Bloomberg] Fed Beige Book Shows Businesses Confident in Demand Prospects

[Yahoo/Bloomberg] Wage Growth at Smallest US Firms Accelerates Most in Two Years

[Yahoo/Bloomberg] Muni Sales Set to Jump Past $500 Billion in 2025, Analysts Say

[Yahoo/Reuters] South Korea government to activate market stabilization fund after martial law attempt

[Yahoo/Bloomberg] Trump Loves Tariffs But Canada Can Strike Back on Oil, Ex-Trade Chief Says

[Yahoo/AP] White House says at least 8 US telecom firms, dozens of nations impacted by China hacking campaign

[Reuters] Exclusive: Lebanon's Hezbollah aims to rebuild longer term despite Israeli blows, US intel says

[NYT] Fed Chair Powell Acknowledges Inflation Is a ‘Little Higher’ Than Expected

[NYT] China Just Showed Washington How It Plans to Fight the Next Trade War

[NYT] Collapse of France’s Government Further Burdens Its Weak Economy

[FT] Emmanuel Macron faced with difficult choices after French government falls

[FT] French parliament votes to oust Michel Barnier’s government

[FT] UK uncovers vast crypto laundering scheme for gangsters and Russian spies

Wednesday Afternoon Links

[Yahoo/Bloomberg] Stocks Get Tech Boost Just Hours Before Powell: Markets Wrap

[Yahoo/Bloomberg] Gold Steadies as Market Weighs Turmoil in South Korea and France

[Yahoo/Bloomberg] Bond Selloff Halted by Weak Services Gauge Before Powell Speaks

[Yahoo/Bloomberg] US Services Activity Expands at Slowest Pace in Three Months

[Yahoo/Reuters] US factory orders rise marginally in October

[Yahoo/Reuters] Powell remarks watched for sign of pushback or support of Fed rate cut

[Yahoo/Reuters] Fed's Musalem expects more rate cuts, keeping options open on December meeting

[AP] 6 hours of anger, bravery and defiance as martial law imposition played out in South Korea

[Yahoo/Reuters] Romania was target of 'aggressive hybrid Russian attacks' during elections, security council says

[FT] Nato’s Rutte says Russia supporting North Korean nuclear programme