Greetings,
United States: Fed communications remain highly focused on employment and household spending instead of inflation.
By holding down rates, the US central bank has allowed the federal government to massively increase its debt without incurring higher interest expenses. Will the Fed sustain this trend as the US implements another fiscal stimulus package?
United Kingdom: The November home price (official) index surprised to the upside as the housing market heats up.
Eurozone: Eurozone financial conditions have fully recovered.
Commodities: The largest silver ETF got a sizeable inflow.
Equities: The most heavily shorted stocks are soaring.
Food For Thought: US wage growth:
Edited by Daniel Moskovits
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