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The United States: FOMC participants sharply shifted their views on inflation risks (to the upside).
Consumer credit unexpectedly fell in November, marked by the steepest drop in credit card debt since the 2020 COVID shock.
The United Kingdom: Gilt yields are hitting multi-year highs.
Japan: Wage growth has accelerated.
Equities: The UBS Early Warning Signal points to downside risk for stocks.
Rates: Treasury yields continue to diverge for the copper-to-gold ratio.
Commodities: US egg prices are at record highs.
Food for Thought: Cancer rates have been rising among younger Americans, driven by gastrointestinal cancers.
Edited by William Villacis
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