Morning Bid: Inflation Grinch Creeps Up On Wall Street

Group 1 - Wall Street is experiencing a lack of the traditional Santa rally due to inflation concerns and geopolitical tensions [1][5] - U.S. President Donald Trump has ordered a blockade of sanctioned oil tankers entering and leaving Venezuela, increasing geopolitical tensions [3] - Warner Bros Discovery's board is expected to advise shareholders against Paramount Skydance's $108.4 billion takeover bid [3] Group 2 - British consumer price inflation unexpectedly fell to 3.2% in November from 3.6% in October, potentially influencing the Bank of England's interest rate decisions [4] - The Labour government in Britain is considering options to boost the economy, including AI-driven productivity or closer trading ties with the EU [4] - China's steel production in November was the weakest in nearly two years, leading to the lowest annual output since 2018 [5]