Am I going to have another busy week like last week. Can I can I just look forward to Turkey or is it going to be bumpy. We're still very much in a choppy trading environment.Because the headline we talk a lot about the Santa rally into year end, then people get optimistic. But I think what's less appreciated is that there's also a seasonal component to volatility. So you see that it generally tends to decline into the Christmas period and into the summer.Now in theory, that's a positive. I think the issue ...

Market Trends & Funding - UAE property developers are increasingly utilizing diverse funding tools, including Islamic bonds and private credit, to capitalize on the real estate boom [1][2] - Dollar bond and sukuk issuance from UAE property developers has surged 12-fold since 2021, reaching $6 billion [2] - Developers are primarily using these funds to acquire prime land locations, driven by a property price rally of up to 70% since 2019 [2][3] Risk Assessment & Sustainability - A potential "wall of maturities" is building, particularly from new issuers, raising concerns about future repayment capabilities [4] - While fundamentals are considered strong with low leverage and high profit margins (40%+), the sustainability of the boom is questioned due to potential oversupply in the coming years [3][4][6] - Developers are experienced in managing supply and market fluctuations, mitigating immediate concerns about the boom's sustainability [6][7] Investor Landscape - The investor base is expanding, with sukuk attracting different investors than traditional bonds, and some developers exploring IPOs [4][5] - Market is experiencing fatigue from numerous issuers tapping the same markets, potentially leading to more expensive pricing [7]

Geopolitical Tensions - Japan-China tensions are escalating over Taiwan, with China warning against Japanese military intervention [1][3] - China submitted a letter to the UN vowing resolute self-defense if Japan intervenes militarily, while Japan dismisses China's claims as baseless [3] - Japan's defense minister visited Yonaguni Island, near Taiwan, planning missile deployment, a move potentially provoking China [5][6] - China cites an "enemy status clause" to defend itself without UN approval, a claim Japan deems obsolete [4] Diplomatic Stance - Japan is calling for dialogue but dismissing China's claims regarding its position on Taiwan [3] - Prime Minister Takaichi's statement on Taiwan reflects existing Japanese security policy since 2015, not a new stance [8] - Takaichi stated Japan would consider its defense needs if China uses force against Taiwan, but did not explicitly say Japan would militarily intervene [11][12] - The Chinese government requested a retraction of Takaichi's statement, but the chief cabinet secretary refused [10] Domestic Impact - Takaichi's government, despite being a minority, is unlikely to compromise on the Taiwan issue [9] - Public opinion in Japan is showing a positive rebound in approval for Takaichi's handling of the situation, despite initial hesitancy about the use of force [15] - The diplomatic spat may be boosting Takaichi's approval ratings, with polls showing 72% (Yomiuri) and 65% (Mainichi) approval [13] International Relations - Japan aims to defend the existing rules-based order and views China as challenging it [19] - The US-Japan alliance remains strong, with cooperation on economic security priorities like rare earth minerals and next-generation technology [23][24]

Negotiation Progress & Key Issues - The US and Ukrainian sides deemed the talks productive, but concrete details on the evolution of the 28-point plan remain unclear [2][3] - A major point of contention for the Ukrainians is the issue of territory, specifically resistance to ceding additional territory to Russia beyond what it currently controls, despite US proposals [4][5] - Security guarantees for Ukraine are paramount, requiring a clear enforcement mechanism beyond the Budapest Memorandum of 1994, potentially involving military guarantees [6][7][8] Plan Origins & Controversy - The 28-point plan reportedly originated from discussions between Kirill Dmitriev (Russian Sovereign Wealth Fund) and Steve Wyckoff, raising concerns about its pro-Russian bias and awkward translation from Russian to English [10][11] - The plan has sparked controversy and criticism from European leaders like Donald Tusk, who questioned its authorship, and US politicians who condemned it as undermining alliances [12][13][14] - Senator Marco Rubio is attempting to distance himself from the plan, while the US President hopes to finalize it by a fluid Thanksgiving deadline [9][15]

Market Trends & Sentiment - Asian stocks are poised for a positive open, driven by improving sentiment and traders looking past last week's turmoil [1] - Market optimism was spurred by the New York Fed President backing calls for a December rate cut, viewing policy as moderately restrictive [1] - Volatility saw a slight decrease, while the dollar remained flat, influenced by dire Michigan consumer data and anticipation of retail sales data [1] Geopolitics & Policy - Marco Rubio indicated that President Trump's Thursday deadline for a U S -backed Ukraine peace plan is flexible, following officials' meeting in Geneva [1] - Tensions between Japan and China are escalating over Taiwan, with Japan rejecting claims of a shifted position and China vowing resolute self-defense if Japan intervenes militarily [1][5] - The White House stated that Ukraine's concerns have been addressed in peace talks, marking a significant step forward, with continued talks planned for final refinement [3] Company & Industry Specifics - BHP walked away from Anglo American after a fresh bid failed, marking the second time they have changed their mind [1] - U S officials are in early discussions about potentially allowing NVIDIA to sell its chips to China, assessing the impact on market investors [2] - Foxconn plans to increase its U S manufacturing footprint with an additional investment of $15 billion, aiming to meet the needs of AI firms like NVIDIA and OpenAI [20][22] Monetary Policy & Economic Indicators - The market has priced in a two-thirds possibility of a December rate cut, which helped lift U S equities [3] - Four central bank decisions are on the docket in Asia, with the Bank of Korea and Sri Lanka likely to keep rates unchanged [3] - India's third-quarter GDP is expected to slow, dragged down by weaker tax receipts and a slowdown in services [3]

I can say in case of semiconductors by 2031 2032 in that time frame we'll be equivalent to what many of these uh countries are at today. >> How long will it take for India to be competitive on all of those different levels with those other two countries the United States and China. >> Different technologies and different streams will have of course different uh time frames >> trajectories.You can I can say in case of semiconductors by 2031 2032 in that time frame we'll be equivalent to what many of these uh ...

The motor racing great Bruce McLaren once said, "Whatever we do, we must do it better than anyone else." And long before Zack Brown ran the famed papaya colored racing team, that McLaren spirit was alive and well. >> I read in TV Guide that Mickey Manel played golf at Russian Trails Country Club. I'm 12, 13 years old and I'm calling the country club every day.Is Mickey Manel in. Is Mickey Manel in. And one day they go, "Hold on." And I'm like, "Oh my god, like I might talk to Mickey Manel." 15 minutes go by ...

The American Farm Bureau has this Thanksgiving dinner index it puts out every year where it tracks the price of all the fixins for a Thanksgiving dinner for 12. >> Very folksy. I try to be folksy.The cost is down this year apparently. [music] $55 for a dinner for 10 people. And the major decrease in the cost of this menu.It was $58 in 2024, 61 in 2023. Now it's 55. And the big drop in price came from the turkey.>> We actually have a few different reports this year telling us [music] different things. >> Yes ...

Ingredient Costs and Pricing - Overall ingredient costs are stable, but turkey prices are a key concern [1] - Fresh, free-range turkey is recommended over frozen turkey, despite the higher cost (approximately $3 per pound for a 20-pound turkey) [1][2] - The store did not raise turkey prices this year, despite farmers' increased labor, feed, and energy costs [4] - Egg and butter prices have decreased, stabilizing the overall cost of Thanksgiving items [8] Consumer Behavior and Demand - Consumers are still willing to purchase luxury items like prime rib and Haagen-Dazs ice cream, even with a 20% price increase [6] - People are choosing to cook at home more often to save money compared to eating out [7] - Consumers are expected to maintain similar spending levels for a full Thanksgiving meal as in previous years [8] - Despite economic concerns, sales of pre-made mashed potatoes are up, indicating continued spending on convenience items [14] Farmer and Retailer Perspectives - Farmers are primarily concerned about rising labor costs [4] - Retailers are splitting tariff costs with small farms to avoid hurting them [12] - Food costs are expected to stabilize and potentially decrease if tariff issues are resolved [12][13] Alternative Options - Ham is a popular alternative to turkey for Thanksgiving [10]

You probably recognize this man. That's Noat Isarat Gryen, the director of Miss Universe Thailand. He made headlines after berating Miss Mexico for team during a pre-assion event, [music] accusing her of not posting enough promotional content.But that viral moment was [music] just the surface. Behind it lies a deeper feud between Nawat and Rahul Rosha Kantu, the Mexican businessman who co-owns the Miss Universe organization. It's a clash over how to save a fading industry [music] in the age of algorithms an ...