Global markets posted a varied set of performances for the five trading days through last week’s close. On the positive side, US stocks continued to rally, dispensing the best weekly return for the major asset classes, based on a set of ETFs. On the flip side, broadly defined commodities suffered the biggest weekly loss.
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US-Japan-S. Korea military drills aim to counter N. Korea Threat: NY Times
Southern California wildfires continue to wreak havoc: CNN
China’s inflation rate ticks lower in November: MNI
Bitcoin futures debut with a sharp increase: Reuters
Economists expect widespread rates hikes by central banks in 2018: Bloomberg
Payrolls in US rise 228,000 in November, beating expectations: Bloomberg
US wage growth still well below pre-2008-crisis rate: Paul Krugman
Investor optimism is unusually high: Heisenberg Report