Written by Gary
Wall Street dipped in thin trading on the last day of the decade (SPY -0.1%). The S&P 500 is still on course for its best year since 2013.
Here is the current market situation from CNN Money | |
North and South American markets are lower today with shares in Brazil off the most. The Bovespa is down 0.76% while Mexico’s IPC is off 0.40% and U.S.’s S&P 500 is lower by 0.13%. |
What Is Moving the Markets
Here are the headlines moving the markets. | |
Oil falls but on track for biggest yearly rise since 2016Oil prices edged lower on the last trading day of the decade on Tuesday but were still on track for monthly and annual gains, supported by a thaw in the prolonged U.S.-China trade row and Middle East unrest. | |
Wall Street inches lower as year-end record rally cools offWall Street dipped in thin trading on the last day of the decade as a year-end rally powered by optimism around trade and an improving global outlook fizzled out, though the S&P 500 was still on course for its best year since 2013. | |
Hudson’s Bay chairman considers sweetened bid for retailerHudson’s Bay Co Chairman Richard Baker and his partners have approached the retailer’s minority stockholders, including bidding rival Catalyst Capital, to potentially raise their take-private bid, a source familiar with the matter said on Tuesday. | |
Ghosn says he escaped ‘injustice’ in Japan; Lebanon calls arrival a private matterOusted Nissan boss Carlos Ghosn said on Tuesday he had fled to Lebanon to escape a “rigged” justice system in Japan, raising questions about how one of the world’s most-recognized executives had slipped away while on bail. | |
Factbox: Carlos Ghosn joins list of execs fighting extraditionOusted Nissan boss Carlos Ghosn said on Tuesday he had fled to Lebanon to escape a “rigged” justice system in Japan, where he believed he would not get a fair trial. | |
Wall Street inches lower as year-end record rally cools offWall Street dipped in thin trading on the last day of the decade as a year-end rally powered by optimism around trade and an improving global outlook fizzled out, though the S&P 500 was still on course for its best year since 2013. | |
Google to end ‘Double Irish, Dutch sandwich’ tax schemeGoogle parent Alphabet will no longer use an intellectual property licensing scheme, known as the “Double Irish, Dutch sandwich”, which allowed it to delay paying U.S. taxes, 2018 tax filings show. | |
Turkish Airlines says reaches compensation deal over Boeing 737 MAXTurkish Airlines has agreed a compensation deal with planemaker Boeing Co over the grounding of the Boeing 737 MAX following two fatal crashes, the carrier said on Tuesday. | |
Trump says U.S.-China trade deal will be signed on January 15U.S. President Donald Trump said on Tuesday that Phase 1 of trade deal with China would be signed on Jan. 15 at the White House, though considerable confusion remains about the details of the agreement. | |
The Left’s 2019 Legacy: Down With OK, Up With Library Drag QueensThe Left’s 2019 Legacy: Down With OK, Up With Library Drag Queens Authored by Andrew Moran via LibertyNation.com, As the new year comes around, it’s a perfect time to look at what legacies we leave behind us. What glories of the past year can we proudly point out to friends and family? What milestones in our journey can we single out and say œthat’s what got me here ? Here we present a few of the more prominent milestones and markers of the political left on their own journey of discovery through 2019. I’ve Got The (White) Power Did you know that if you flash the OK finger gesture, you are really asking, œWhere’s the nearest Klan meeting? Yep. Anytime someone gives you the OK sign that person is conveying to you a clandestine message that you belong to a brotherhood of white supremacy culture. Well, at least that is the paranoia emanating from the Anti-Defamation League (ADL), which updated its list of hate symbols. What was a seemingly innocuous gesture that dates back to 18th-century Britain has now metastasized into a symbol that has leftists clutching their pearls and searching for the nearest hate crime officer to file a complaint of racism. What’s next? A childhood game that will now be condemned as perpetuating white power? Oh, wait ¦ Kids These Days Do you remember the Circle Game from when you were a kid? You make a circle with your fin … | |
‘Smart Camera’ Data Leak Exposes Personal Data Of 2.4 Million Users‘Smart Camera’ Data Leak Exposes Personal Data Of 2.4 Million Users A massive data leak by smart home device manufacturer Wyze revealed the personal details of 2.4 million users for over three weeks, according to the Daily Mail, citing the December 26 discovery by consulting firm Twelve Security. The find was confirmed by video surveillance authority IVPM. | |
Climate Prediction Swings & Misses: A Decade Of Alarmist Strike-Outs, 2010-2019Climate Prediction Swings & Misses: A Decade Of Alarmist Strike-Outs, 2010-2019 Authored by Anthony Watts via WattsUpWithThat.com, Climate alarmists think they are always right, and when they aren’t… they just move the goalposts ahead 10 years. Our friend Willis Eschenbach calls it œserial doomcasting œ. Some perspective:
What follows are climate predictions forecast to come true during the 2010s ” one for each year. A few timely missed predictions for 2020 are also added as a bonus feature. Tyler Durden … | |
Trump Encourages Iraqi “Freedom” Uprising Against Iran; Esper Sends More Troops To EmbassyTrump Encourages Iraqi “Freedom” Uprising Against Iran; Esper Sends More Troops To Embassy President Trump just called for a mass “freedom” uprising not in Iran, but in Iraq of all places, at a moment the US embassy in Baghdad continues to be encircled by enraged protesters bent on expelling the Americans after US airstrikes killed dozens of Iran-backed Iraqi militia over the weekend. Trump’s provocative tweet, coming after an hours long embassy standoff that has reportedly trapped the Marine guard inside, anxiously awaiting a defusing of the tense situation, further implies that it is ultimately Iran that’s running the show inside Iraq. He blamed Iran for orchestrating the current mayhem. The country, though invaded and occupied by US forces since Bush’s war in 2003, is “dominated and controlled by Iran” the president said.Â
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RBI tightens control, co-ops will now need approval for new CEORBI tightens control, co-ops will now need approval for new CEORBI had previously capped lending to a single borrower & raised priority sector lending requirements for UCBs | |
US, China take another step towards truceUS, China take another step towards truceThe two sides earlier this month announced a “Phase One” deal in their nearly two-year trade confrontation. | |
Feb on, shops must go cashless or face fineFeb on, shops must go cashless or face fineShops, firms with an annual turnover of Rs 50 cr or more need to provide digital payment facilities. | |
In One Chart: These 2 stocks dominated S&P 500 returns in 2019 ” and the decadeApple and Microsoft were the two powerhouses of the stock market’s return over the course of the past 12 months, and 10 years | |
The Margin: Psst, Mike Bloomberg ” this is why most workers hate open-plan officesCritics mocked the presidential candidate’s plan to turn the White House East Room into an open office | |
Metals Stocks: Gold higher, on track for strongest year since 2010Gold futures rally Tuesday and remain on track for the strongest calendar-year performance since 2010. |
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