What I Am Reading
Wednesday, November 26, 2025
Markets
Credit, Currencies, & Commodities
- Treasury Yields Keep Falling as Consumer Confidence WobblesWall Street Journal
- Gold hits one-week high as Fed remarks renew cut betsReuters
- Yen seen strengthening ~10% if Fed cuts back-to-backBloomberg
- Currency traders bet against sterling ahead of UK BudgetFinancial Times
- Softer oil price prompts fall in most Gulf marketsReuters
Central Banks
US Economy
- U.S. consumer confidence deteriorates in NovemberReuters
- U.S. consumers dial back heading into holidaysBloomberg
- U.S. Retail Sales Rose 0.2% in September, Below ExpectationsWall Street Journal
- U.S. business inventories unexpectedly flat in AugustReuters
- When Home Sellers Set Prices Too High, They’re Paying for ItWall Street Journal
- Senate Committee to Challenge Auto-Safety Mandates That Hurt ‘Affordability’Wall Street Journal
Europe
Corporate Finance
- Making IPOs great again has pitfallsFinancial Times
AI
- ‘Sovereign AI’ Takes Off as Countries Seek to Avoid Overreliance on SuperpowersWall Street Journal
- Walmart Is Exploring Bringing Ads to Sparky, its New AI Shopping AgentWall Street Journal
- Robots and AI Are Already Remaking the Chinese EconomyWall Street Journal
Beyond Markets
- France Detains Last Suspected Louvre ThiefWall Street Journal
US Retail Sales, MoM (September 2025)
- Source:U.S. Census Bureau
US S&P Case-Shiller Home Price Index (September 2025)
- Source:S&P Dow Jones Indices
US Consumer Confidence (November 2025)
- Source:The Conference Board
US Pending Home Sales (October 2025)
Germany Ifo Business Climate (November 2025)
- Source:ifo Institute