American equities posted the highest return for the major asset classes for the trading week, based on a set of exchange traded funds through Friday’s close (Nov. 27). The broad-based rally lifted nearly every corner of global markets. The only exception: US investment-grade bonds.

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Trump reportedly will add China’s SMIC and CNOOC to defense blacklist: RTRS
Fauci warns of ‘surge upon a surge’ for Covid-19: NPR
Biden expected to announce economic team this week: NYT
Biden fractures foot while playing with his dog: AP
Congress faces deadlines on gov’t spending and stimulus: BBG
China Mfg PMI shows growth for 9th straight month in Nov: CNBC
Will Senate Republicans block Biden’s judicial nominations? PLTC
OPEC+ considers extending cuts to oil production: RTRS
German 10-year bond yield slips to 3-week low, near -0.6%: RTRS
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This week’s US payrolls report for November on track for another gain: BBG
US Treasury yield curve continues to reflect a steepening bias: