House impeachment report: Trump abused power: The Hill
Trump suggests US-China trade war could continue beyond 2020 election: WSJ
Despite recent tension, US and China reportedly closer to trade deal: BBG
Will a new round of US tariffs on Chinese goods roll out on Dec 15? CNBC
China Composite PMI for Nov shows solid rebound for economy: IHS Markit
Eurozone economy continued to post near-stagnant growth in Nov: IHS Markit
10-year Treasury yield falls sharply to 1.72% — lowest since Oct 31:
The outlook for the Global Market Index’s risk premium ticked higher for a third month in a row in November. The adjustment, due to evolving market conditions, lifted GMI’s expected long-term return to an annualized 4.9% (before factoring in a “risk-free” rate). The new estimate is fractionally above last month’s forecast (4.8%) and modestly higher vs. the year-ago estimate (4.6%). GMI is an unmanaged, market-value-weighted portfolio that holds all the major asset classes (except cash).
US threatens new tariffs on French goods in response to digital tax: CNBC
France says it will retaliate over new US tariff threat: Bloomberg
Global Mfg PMI reflects growth in November–first gain in 7 months: IHS Markit
Is the fate of global economy tied to the health of US consumers?: Bloomberg
US construction spending fell in Oct but 1yr trend returns to growth
In contrast with ISM data (see below), US Mfg PMI rebounds in Nov: IHS Markit
US ISM Mfg Index continues to show mild contraction for sector in Nov: ISM
The US stock market was the clear performance leader for the major asset classes in November. The strong gain in American shares was all the more striking in a month that was otherwise skewed to the downside.
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UN chief: ‘War against nature must stop’: Reuters
China suspends US Navy visits to Hong Kong, sanctions US groups: Reuters
China’s mfg sector expanded by more than expected in Nov: CNBC
US mfg data in focus in today’s releases: CNBC
Euro area’s mfg sector continues to contract in November: IHS Markit
UK mfg contracts as Brexit uncertainty weighs on sector: IHS Markit
Global debt on track to rise to a record $255 trillion-plus in 2019: Bloomberg
