Morning News: December 18, 2023

China’s Millionaires Are Worried. That’s a Problem for Wall Street

Goldman Strategists Lift S&P 500 Forecast a Month After Setting It

The Market is Second-Guessing its Dovish Reaction to Powell. This Analyst Says the Fed Could Slash Rates by as Much as 75%

To Trade the Fed’s Pivot, Wall Street Turns to Short-Dated Debt

A $1.3 Trillion Debt-Fueled Boom in Deals Faces a Grim New Reality

With U.S. Debt Soaring, Wall Street’s ‘Vigilantes’ Are Back. Others ‘Yawn.’

Why Central Banks Should (but Might Not) Keep the Market Flooded With Money

The Era of Big Taxes Is Upon Us

A Shock for Many Retirees: Social Security Benefits Can Be Taxed

Nasdaq Drops Zoom in Sign Pandemic-Era Darling Trade Is Over

A-Rod’s Slam SPAC Is Said to Plan Merger With Lynk Global

Dimon’s Heir at JPMorgan Still Hazy as ‘Five More Years’ Tick By

Lina Khan’s F.T.C. Secures a Big Win

Mitsubishi UFJ Agrees to Buy Australia’s Link Administration

IBM to Buy Software AG’s Enterprise Integration Platforms for $2.3 Billion

EU Clears Credit Agricole’s Purchase of Belgium’s Degroof Petercam

Nippon Steel Agrees to Buy US Steel for $14.1 Billion

BP to Pause All Tanker Transits Through the Red Sea

Oil Prices Climb as Red Sea Attacks Disrupt Shipments by BP and Others

US Frackers Return to Haunt OPEC’s Pricing Strategy

Inside Amazon’s Effort to Challenge Musk’s Starlink Internet Business

Amazon Strikes Deal With Games Workshop to Bring Warhammer to Screen

Tencent Shuts US Video Games Studio Team Kaiju

U.S. Fines Southwest Airlines $140 Million for Holiday Meltdown

Did the Grinch Come for the Office Holiday Party?

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Posted by on December 18th, 2023 at 7:04 am


The information in this blog post represents my own opinions and does not contain a recommendation for any particular security or investment. I or my affiliates may hold positions or other interests in securities mentioned in the Blog, please see my Disclaimer page for my full disclaimer.