Greetings,
The United States: Consumer spending was very strong last quarter.
The United Kingdom: The pound was lower.
Europe: The market expects about 30 bps of rate reductions by March.
India: Growth in India’s crude oil consumption is expected to surpass that of China.
Commodities: Nickel prices dropped to the lowest level since 2020.
Equities: Alpine Macro expects small-cap earnings growth to outperform large-caps next year.
Food for Thought: Estimated holiday spending:
Edited by Josh Oldmixon
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