Core Viewpoint - French President Emmanuel Macron advocates for a shift in the European Central Bank's (ECB) monetary policy to enhance the single market and mitigate financial crisis risks [1][2]. Group 1: Monetary Policy Adjustments - Macron suggests that the ECB should adjust its monetary policy to prioritize growth and employment alongside inflation control, especially in light of the economic challenges posed by the US dollar and Chinese yuan [2]. - The ECB's current focus on inflation, with a target of around 2% over the medium term, contrasts with the dual mandate of the US Federal Reserve, which includes maximum employment [3]. Group 2: Financial Stability Concerns - Macron expresses concerns about the potential financial instability arising from increasing US deregulation in crypto assets and stablecoins, emphasizing the need for Europe to maintain its status as a zone of monetary stability and credible investment [5]. - He also highlights the importance of protecting the European monetary zone and its financial players from external risks [5]. Group 3: ECB's Role and Integration - Macron criticizes the ECB's ongoing sale of government bonds, arguing that it could lead to higher long-term interest rates, reduced economic activity, and a stronger euro [4]. - ECB President Christine Lagarde has previously called for more strategic steps towards fostering European integration, indicating that a truly single market would lessen dependence on external decisions [4].

TO SHOW A WEAK LABOR MARKET MORE THAN THE RISK THAT IT'S GOING TO SHOW HIGHER INFLATION. BECKY. >> STEVE, THANK YOU VERY MUCH.LOTS TO TALK ABOUT HERE. FOR MORE ON THIS, WE WANT TO BRING IN FORMER CLEVELAND FED PRESIDENT LORETTA MESTER. SHE'S A SENIOR SCHOLAR AT PRINCETON.SHE'S AN ADJUNCT PROFESSOR AT UPENN'S WHARTON SCHOOL AND A CNBC CONTRIBUTOR. AND LORETTA, LET'S TALK ABOUT WHAT STEVE WAS JUST LAYING OUT IN HIS SURVEY. 87% SAID THEY WILL CUT, 45% SAID THEY SHOULD.WHERE DO YOU COME DOWN ON BOTH OF THOSE QU ...

Market Overview - U.S. stock futures showed volatility, fluctuating between gains and losses after declines on Monday, with major benchmark indices futures up [1] - The Federal Open Market Committee's two-day meeting is underway, with a focus on a potential rate cut decision expected tomorrow [1] - The 10-year Treasury bond yield is at 4.15%, while the two-year bond yield is at 3.58%, with an 89.4% likelihood of a rate cut in December according to CME Group's FedWatch tool [1] Futures Performance - Dow Jones futures increased by 0.04%, S&P 500 by 0.06%, and Nasdaq 100 by 0.02%, while Russell 2000 decreased by 0.06% [2] - The SPDR S&P 500 ETF Trust (SPY) rose by 0.063% to $684.06, and Invesco QQQ Trust ETF (QQQ) increased by 0.016% to $624.38 in premarket trading [2] Stocks in Focus - Ares Management Corp. (ARES) surged by 8.71% after being announced for inclusion in the S&P 500 index effective December 11 [6] - Nvidia Corp. (NVDA) increased by 1.57% following confirmation from President Trump that NVDA can ship H200 chips to approved customers in China and other countries [6] - Toll Brothers Inc. (TOL) fell by 3.49% after reporting mixed financial results for Q4 of fiscal 2025 [6] - Tesla Inc. (TSLA) declined by 0.94% after Morgan Stanley downgraded it to equal-weight due to high valuation concerns [6] - Paramount Skydance Corp. (PSKY) rose by 1.72% after launching a $30 per share tender offer to acquire Warner Bros. Discovery Inc. (WBD), valuing it at $108.4 billion [13] Economic Insights - The Comerica Economic Weekly report indicates a cooling economy and anticipates a rate reduction of a quarter percentage point at the FOMC's final meeting of the year [10] - The report highlights a weaker job market with a decline in private payrolls and rising job cuts, alongside persistent inflation pressures from food and energy costs [12]

Market Overview - U.S. stock futures showed volatility, fluctuating between gains and losses after declines on Monday, with major benchmark indices futures up [1] - The Federal Open Market Committee's two-day meeting is underway, with a focus on a potential rate cut decision expected tomorrow [1] - The 10-year Treasury bond yield is at 4.15%, while the two-year bond yield is at 3.58%, with an 89.4% likelihood of a rate cut during the December meeting according to CME Group's FedWatch tool [1] Futures Performance - Dow Jones futures increased by 0.04%, S&P 500 by 0.06%, and Nasdaq 100 by 0.02%, while Russell 2000 decreased by 0.06% [2] - SPDR S&P 500 ETF Trust (NYSE:SPY) rose by 0.063% to $684.06, and Invesco QQQ Trust ETF (NASDAQ:QQQ) increased by 0.016% to $624.38 in premarket trading [2] Stocks in Focus - Ares Management Corp. (NYSE:ARES) surged by 8.71% after being announced for inclusion in the S&P 500 index effective December 11 [6] - Nvidia Corp. (NASDAQ:NVDA) rose by 1.57% following confirmation from President Trump that NVDA can ship H200 chips to approved customers in China and other countries [6] - Toll Brothers Inc. (NYSE:TOL) fell by 3.49% after reporting mixed financial results for Q4 of fiscal 2025 [6] - Tesla Inc. (NYSE:TSLA) declined by 0.94% after Morgan Stanley downgraded it to equal-weight due to high valuation concerns [6] - Paramount Skydance Corp. (NASDAQ:PSKY) increased by 1.72% after launching a cash tender offer to acquire Warner Bros. Discovery Inc. (NASDAQ:WBD) for $30 per share, valuing the company at $108.4 billion [13] Economic Insights - Comerica's economic outlook indicates a cooling economy and an expected rate reduction of a quarter percentage point at the FOMC's final meeting of the year [10] - The report highlights a fragile economic backdrop with signs of a weaker job market and a contracting manufacturing sector for nine consecutive months [12] - Inflation pressures remain, particularly in food and energy costs, despite slowing economic activity [12]

Gold steadied, as traders looked beyond a near-certain reduction in US interest rates for guidance on monetary policy next year https://t.co/gUhn9vabGY ...

Jordi Visser (@jvisserlabs) explains the perfect storm for A.I, robotics, and loose monetary policy. https://t.co/wOXnPUSC0s ...

The Fed set to meet this week and the White House National Economic Council director is calling for a 25 basis point cut. Joining us now, the aforementioned White House National Economic Council Director, Kevin Hasset, >> who's uh I don't know, it's growing. He's growing in size like uh and I think I need to call you Mr.. Director now. Just the anticipation of maybe even greater things for you in the future. You got >> you're Yeah, you're at 78% now on on some of the things. So, we're going to have a wide r ...

Core Viewpoint - The market anticipates a 25 basis point rate cut in the upcoming Federal Reserve meeting, with indications that this is likely to occur [1][2]. Group 1: Federal Reserve's Policy Debate - There is a notable debate within the Federal Reserve regarding the balance of risks to the economy, specifically between inflationary pressures and labor market risks [3][4]. - Some members of the Federal Reserve are leaning towards a hawkish stance, suggesting that the risks may not be as balanced as others believe [2][5]. - The current monetary policy stance is under scrutiny, with discussions on whether it is restrictive or not, influencing the decision on rate cuts [4][5]. Group 2: Influence of Fed Leadership - The influence of a new Fed chair, such as Kevin Hassid, is acknowledged, but it is noted that the chair only has one vote among twelve, limiting their ability to unilaterally change policy direction [10][11]. - The new chair may initially advocate for significant rate cuts but could adopt a more cautious approach once in the role and working with the committee [13]. - The Federal Reserve's decision-making process is complex, and while a new chair can influence discussions, substantial changes in policy require consensus among committee members [11][12]. Group 3: Market Environment and Economic Outlook - The current economic environment is described as challenging, with the Federal Reserve facing difficulties in meeting its dual mandate, leading to uncertainty in economic forecasts [9]. - The lack of recent official economic data contributes to the complexity of the situation, allowing for differing opinions among Fed members [9]. - The ongoing discussions reflect a broader concern about the Fed's ability to navigate the current economic landscape effectively [9][15].

History shows a rapid easing cycle often leads to overheating. Will the Fed make this mistake again? https://t.co/WxQDWh0SPw ...

Policy Stance - China's top leaders reiterated their fiscal and monetary policy stances [1] Risk Management - Beijing seeks a buffer against risks from global trade [1]