BREAKING: Amazon shareholders request the company explores adds Bitcoin to its treasury.
REMINDER: Microsoft shareholders are set to decide on the firm’s Bitcoin investment proposal this Tuesday, December 10. Source: Dennis Porter @Dennis_Porter, Bitcoin Archive @BTC_Archive
Nvidia $NVDA is the best performing S&P 500 stock over the last 5, 10, 15 and 20 years😲
Source: Evan @StockMKTNewz
China consumer inflation rate drops to a five-month low, missing expectations as economy slows. ARE MORE STIMULUS COMING?
China’s consumer prices rose less-than-expected in November, climbing 0.2% from a year ago, according to data from the National Bureau of Statistics released Monday. Analysts polled by Reuters had expected a slight pickup in the consumer price index to 0.5% in November from a year ago, versus 0.3% in October. China’s producer price index declined for the 26th month. Producer inflation fell by 2.5% year on year in November, less than the estimated 2.8% decline as per the Reuters poll. Source: CNBC, Evan
BofA: The second half of December has historically been the second strongest period of the year (+1.0% on average, positive 69% of the time)
Source: Mike Zaccardi, CFA, CMT, MBA
This week-end in Paris
#italy #us
🚨BIG WEEK FOR CENTRAL BANK DECISIONS AHEAD🚨
The European Central Bank, the Bank of Canada, the Swiss National Bank and the Reserve Bank of Australia will announce rate decisions. ECB and SNB are expected to cut by 0.25%, and BoC by 0.50%, while RBA to leave rates unchanged. Source; Global Markets Investor @GlobalMktObserv, Bloomberg
China’s central bank gold reserves hit a record 72.96 million fine troy ounces in November.
China bought 160,000 fine troy ounces of gold last month, resuming purchases after 6 months. China’s gold reserves have risen by a whopping 10 million ounces over the last two years. As a result, the value of the country’s gold reserves reached $193 billion in November, near the record $199 billion posted in October. Meanwhile, gold prices have rallied 28% year-to-date, and trade just 5% below all-time highs. China's gold stockpile is back on the rise. Source: The Kobeissi Letter, Bloomberg
The top 20 dividend payers (in $BILLIONS)
Source: Mike Zaccardi, CFA, CMT, MBA
