IMF calls for China banks to boost capital buffers – FT

The IMF has called on China’s banks to strengthen their capital buffers beyond global rule requirements in order to fortify themselves against the risk of an economic shock.

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Sector ETF Performance – December 8

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Global Risk Monitor – December 8

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BlackRock Says Inflation Can Lift 10-Year Rate – Bloomberg

Bloomberg TV Markets and Finance

Dec.08 — Rick Rieder, global fixed income chief investment officer at BlackRock, examines the yield curve and how it impacts his 2018 investment strategy. He speaks with Bloomberg’s Jonathan Ferro on “Bloomberg Markets: The Open.”

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Did He Really Say That?

Geeezo Christopher Columbus!   What a bitch slap directly to the face of “the deplorables.” The tax reform bill is rapidly setting up the potential for some major political blowback.  Vive les élites!

I think not having the estate tax recognizes the people that are investing,” … “As opposed to those that are just spending every darn penny they have, whether it’s on booze or women or movies.” –  Sen. Charles E. Grassley (R-Iowa) 

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Sector ETF Performance – December 1

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Global Risk Monitor – December 1

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Wall Street’s year-ahead forecasts have a familiar ring – FT

Wall Street strategists have unveiled their 2018 forecasts — and many look similar to the wrong bets of previous years, says US markets editor Robin Wigglesworth.

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Sector ETF Performance – November 24

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Global Risk Monitor – November 24

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