Christmas has come early to the world headquarters of The Capital Spectator, which can only mean one thing: Your editor is slipping out the door to beat the rush and commence the holiday festivities ahead of the crowd. We’ll be back at the grindstone on Thursday, Dec. 26 with a fresh spin on the post-holiday outlook. Meanwhile… Merry Christmas!
Real estate shares in the US and equities in emerging markets topped last week’s returns for the major asset classes, based on a set of exchange-traded funds. The main losers for the trading week through Friday, Dec. 20: foreign bonds.
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Is N. Korea planning a new hard-line anti-US policy? CNN
India’s Modi defends citizenship bill amid protests: BBC
China announces plans to cut import tariffs on wide range of goods: BBG
Russia vows to retaliate for US sanctions on new Russia-Germany pipeline: AP
Atlanta Fed’s GDPNow model estimates Q4 growth at +2.1%, matching Q3: AF
NY Fed’s Q4 GDP nowcast revised up to still-weak +1.3%: NYF
US GDP growth remains at +2.1% for revised Q3 data: CNBC
US consumer spending’s 1-year trend ticked up to moderate +3.9% in Nov:
